‘Wrong size, wrong shape’: The coronavirus stimulus fails sole traders and freelancers
The federal government’s coronavirus stimulus package does little to help sole traders and freelancers, and exposes the “dangerous underbelly” of Australia’s labour market.
Tax reprieve for SMEs as ATO offers bushfire support
The ATO has extended its tax deferral program for small and medium businesses in communities affected by the Australian bushfires.
“Guilty until proven innocent”: Tax office R&D audits leave startups facing “financial ruin”
Federal regulators have buggered up the administration of Australia's largest R&D incentive program, a scathing small business ombudsman report has found.
‘The screws are tightening’: R&D reforms decried as anti-innovation as Morrison’s startup headaches continue
As the Morrison Government's R&D tax incentive reforms come under fire, we examine the history behind the proposed changes and why Australian businesses are not happy.
Cash stash: Josh Frydenberg’s tax cuts aren’t flowing into small business tills
Australians saved rather than spent most of the budget tax cuts, almost doubling the proportion of household income saved, leaving spending languishing.
Abandon the surplus: Why these high-profile economists back the RBA over Josh Frydenberg
Thirteen leading economists say they back RBA governor Philip Lowe over Treasurer Josh Frydenberg when it comes to boosting the economy.
Spending the surplus on something special: Why now is the perfect time for structural reform
With the budget in balance, a surplus in the financial year ahead seems all but assured. So the next question is, what do we do with the surplus?
Potato-potato: Treasurer contradicts Minister for Women, claiming gender pay gap has closed
On Monday, Frydenberg announced the good news. On Tuesday, Minister for Women Marise Payne conceded a 14% gender pay gap still exists.
We have the weakest economy since the GFC, and Treasurer Frydenberg’s plan B won’t revive it
The Australian economy is tepid, with consumer spending the weakest it's been in 10 years and business investment shrinking.
ATO should interact more with accountants and less with small business, says Assistant Treasurer
Assistant Treasurer Michael Sukkar wants the ATO to be more engaged with accountants and have less, but more positive, interaction with small business.
Government releases timetable for banking royal commission recommendations, following criticism it is ‘dragging its feet’
Treasurer Frydenberg has issued a timetable for the government’s dealing with the recommendations from the royal commission into banking.
“Logical step”: Unfair insurance contracts targeted in busy week for Treasury
In a busy week for government, unfair insurance contracts are on the agenda, alongside measures to restrict cash payments.