Finance

Wages are up and profits are down as the unemployment rate hovers at record lows and businesses scour the country, desperate for available workers.

Melbourne is the only Australian city to be in the top 10 of the most liveable cities in the world for 2022, according to the Economist Intelligence Unit's annual ratings.

Bleary eyes and the odd hangover aren't the only headaches facing Australian business owners, as the unlikely success of the national men's team has sparked calls for a new public holiday.

The deal will mean tariffs on 85% of Australian exports to India will be eliminated and a separate category of local exports (5%) will have costs revised down.

A major redesign to MYOB's small business dashboard has caught some users off guard just as the Christmas trading period gets into full swing.

The ATO has confirmed that it won't throw the book at directors if they sign up for the new Director ID scheme by December 14.

Data from Xero also revealed that 28% of small businesses are similarly concerned they will miss their targets due to the cost of new supplies and equipment. 

There are few fraud victims while markets are green, but during a global economic downturn, misdeeds and subterfuge rise to the surface.

The Reserve Bank of Australia has lifted the lid on a crippling outage that halted transactions flowing through the New Payments Platform in mid-October.

The Australian fashion label is urging customers not to be fooled by illegitimate scam websites pretending to sell genuine Gorman products.

According to Shopify data released over the weekend, Australia made $4.97 billion in global sales for Black Friday — a 17% increase from the corresponding period in 2021.

The Australian Banking Association’s 2022 SME Lending Report also found the number of SMEs expanded across Australia despite the difficult economic conditions.