Renewable energy BNPL provider Brighte lays off 15% of staff amid severe market turbulence
Australian fintech Brighte says market volatility influenced its decision to lay off 32 staff members, but bad debts affecting the broader BNPL sector were not a pressing concern.
It’s tax time and scams are everywhere. Here’s what to look out for
This year, scammers have already made headway on their tax-related harvest. The ATO has reported a rise in phishing attempts related to cryptocurrency tax evasion and offers of TFNs.
The US is experiencing a tampon shortage, and the average price is up nearly 10%
In the United States, a concerning yet mostly until now under-reported crisis has been plaguing the country: a shortage of tampons.
Why timber shortages are likely to delay home building into 2023
Australia’s builders are struggling to find timber, and there’s no easy fix to this crisis that's resulting in delays and escalating prices.
A recession isn’t “imminent”, US Treasury chief says, as the Australian market watches on
There is no guarantee America will lean into a recession, the nation's Treasury Secretary Janet Yellen says, as spiking inflation and dwindling consumer confidence stoke fears of a broad-scale downturn.
ATO puts 70,000 people on notice for $1 billion tax scam spread on TikTok and Facebook
The defrauded amount in a viral tax scam has blown out to $1 billion as the ATO cracks open a GST con that saw perpetrators claiming money for businesses that didn't exist.
Rail, renewables and music tourism: What we know about the 2022-23 Queensland budget
Ahead of the state budget to be handed down tomorrow, the Queensland government has made a number of funding announcements.
Why moving from career feminism to care feminism will help reshape Australia’s economy
The pandemic exposed the myth of 'leaning in' as a gender equaliser. It's time we created a new deal for women.
Renewables, environment and women: What we know about the 2022-23 NSW budget
The NSW government has announced funding for a number of programs in advance of its June 21 budget. Here’s what we know so far.
New IMD rankings sees Australia lag behind in entrepreneurship despite rising in competitiveness
Australia has been marked in 19th place for competitiveness by the Institute for Management Development, and 61st on entrepreneurship, following one of its lowest scores in the 30 years the list has been compiled.
An extra 60,600 Australians found work in May, so why have wages barely lifted?
Australia has now managed to keep a rate of unemployment below 4% for three consecutive months. If things are so good, why is wage growth so low?
July 1 legal changes your business needs to know about
From an increase in the national minimum wage to a change in the monthly superannuation threshold, the start of financial year 2022-23 will bring with it a raft of legislative changes that affect SMEs.
