Business News

It's time to end Western Australia's $4 billion-per-year GST bonus

Written by Robert Breunig, Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University

Shutterstock

The Morrison government’s decision to give a special deal to Western Australia for the distribution of the income from the goods and service tax is one of the worst public policy decisions made in Australia in the past two decades.

The departure of the WA premier and treasurer, Mark McGowan, this week gives us an opportunity to...

Private toll roads are supposed to save taxpayers’ money, but can have these hidden costs
If you’ve ever driven in Sydney, Melbourne or Brisbane, chances are you’ve used – or steered clear of &ndas…
AI hype has just shaken up the world’s rich list. What if the boom is really a bubble?
Just for a moment this week, Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest…
Want more protein for less money? Don’t be fooled by the slick black packaging
The Conversation, CC BY-SAIf you’ve been supermarket shopping lately, you might have noticed more foods with big, bold …
‘Fortress stores’ can fight theft – but is it how we want to shop?
“Fortress stores” with security-tagged chicken and steaks in wire security cages. GPS-tracked jars of instant cof…
Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading
Canva, The Conversation, CC BY-NCUnveiling Amazon Web Services’ long-awaited NZ$7.5 billion “cloud region” …
Could Labor’s super tax reforms be headed for a makeover? Here’s how a redesign might work
Late last week, citing anonymous sources, the Australian Financial Review reported the federal government was considering del…

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…

The Art of Team Building: 5 Tips for Fostering a Cohesive Workplace Environment
Fostering a cohesive workplace environment is more crucial than ever in today’s fast-paced world. The key to a harmonious and productive workplace lies in nurturing the right skills among your…
How Does A Hydraulic Nut Work?
Various nut types can be used to generate tension, so large bolts and workpieces stay connected securely. Hydraulic nuts have a built-in hydraulic jack that enables them to tension large-diameter bolts…
If there's one thing Pacific nations don't need, it's yet another infrastructure investment bank
If Scott Morrison was looking for a way to prove Australia is a good neighbour to Pacific nations, he could hardly have chosen a worse option. Looking for a policy…

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...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs, has today appoint...