ATO to enforce transparency on multinationals bidding for government work
New tax-transparency requirements that will commence from July 1, 2023, will force public companies in Australia to disclose where their subsidiaries are based.
Fossil fuel giants paid no tax in 2020-21 despite billions in revenue, says ATO report
Who's paying and not paying tax? Iron ore miners and banks paid a lot in 2020-21 — but fossil fuel companies not so much.
Breaking down gender norms would mean $128 billion more in GDP each year: Deloitte report
Breaking down entrenched gender norms in Australia could unlock $128 billion per year in the economy and 461,000 additional full-time employees.
Hiring for Christmas? Make sure you’re across the latest superannuation changes, the ATO says
Thinking of hiring staff to cover the Christmas rush? Make sure to pay your new employees their superannuation guarantee, no matter how few hours they work, the ATO says.
Everything in Australia is going up in price — except property
With the cost of seemingly everything rising, why are house prices falling? And who will be hit hardest?
Procurement from First Nations businesses in Queensland grew $118 million last financial year
New data about goods and services provided to the state government has revealed Queensland’s procurement from First Nations-owned businesses went up 36% in the last financial year.
After $197 million cut the Entrepreneurs’ Programme will be assessed again next budget
The controversial Entrepreneurs' Programme will be re-assessed again ahead of the next budget, the Department of Industry, Science and Resources has confirmed with SmartCompany.
Flood-affected Victorian businesses eligible for recovery grants as part of $877 million recovery package
The package will support businesses, farmers and not-for-profits doing it tough across Victoria following the recent floods.
Tax watchdog records drop in complaints, but 65 agents still deregistered
Almost 1300 complaints and referrals were assessed by the Tax Practitioners Board during the 2021-22 financial year.
ATO looks to bridge $33 billion tax gap by collecting unpaid debts from small business
The federal government is putting tax dodgers on notice over billions in unpaid taxes.
Reserve Bank of Australia issues Melbourne Cup day cash rate hike as inflation bursts out of the gate
One favourite has already come good on Melbourne Cup day after the Reserve Bank of Australia raised its cash rate target 25 basis points to 2.85%.
A state-by-state guide to small business grants in Australia
There's no shortage of grants available for small businesses and startups at any given time. Here's a quick snapshot of the grant programs currently open for applications.