Business News

Why do I suddenly owe tax this year? It could be because the Low and Middle Income Tax offset is gone, forever

Written by Ann Kayis-Kumar, Associate Professor, UNSW Sydney

Why do I suddenly owe tax this year?

This is one of the most Googled questions in Australia right now. And rightly so.

Ever since Australia’s transition to self-assessment for income tax returns, we have been primed to expect an annual refund.

That’s by design. Thinking we will get a refund acts as an incentive to get us to fill in...

A booming longevity industry wants to sell us ‘immortality’. There could be hidden costs
Lu ShaoJi/GettyIf you could, would you pay to live forever? Some Silicon Valley billionaires aren’t just making tech pr…
Engineering Companies Melbourne: Driving Innovation and Infrastructure Growth
As Melbourne continues to expand with new residential developments, commercial hubs, and large-scale infrastructure project…
The ‘anxiety economy’ is booming. But should companies be profiting from our fears?
Ron Lach/Pexels, The Conversation, CC BY-SAWhen the newly appointed chief executive of tracking app Life360 recently describe…
New climate report warns property prices face a $611 billion hit. What does that mean?
Climate risks are hitting where Australians feel it most: at home. One of the headline-grabbing figures in a new climate risk…
From batteries to EV chargers, Australia and NZ need these 3 fixes to hit net-zero at less cost
New figures show Australians bought a record 85,000 home batteries in the first half of 2025. That’s almost three times…
AI companies want copyright exemptions – for NZ creatives, the market is their best protection
Getty ImagesRight now in the United States, there are dozens of pending lawsuits involving copyright claims against artificia…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

5 Reasons to Hire a Building Contract Lawyer Before Your Next Construction Project in Melbourne
If you're planning to build, renovate, or develop a property in Melbourne, you might be focusing on finding the right architect, builder, or project manager. But there’s one professional most…

Alistair Wilson returns as Managing Director at Imagination in Melbourne
Award-winning experience design company, Imagination, today announces that Alistair Wilson has been appointed to the newly created role of Managing Director, Melbourne - rejoining the office that he helped establish…
How Should You Build Your Luxury Home?
A luxury home is more than just the premium tiles and hardwood floors. It's a space that represents your personality by combining tasteful trends and an ounce of your style. Gone…
MGA warmly welcomes Michael McCormack
MGA warmly welcomes Michael McCormack as the new leader of the National Party and new Deputy Prime Minister of Australia Jos de Bruin, CEO of MGA Independent Retailers, said today…

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...

MR Roads named Queensland Finalist in the 2025 Telstra Best of Business Awards

MR Roads, co-founded by Daniel Mikus and James Rolph, has been announced as a Queensland finalist in the prestigious 2025 Telstra Best of Business...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...