Business News

This pointless $1,080 tax break should have ended years ago – but has become hard to stop

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

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We are about to find out whether we’ll lose a tax break worth up to $1,080 a year.

Treasurer Josh Frydenberg says he hadn’t “made any final decision” on the A$7.8 billion per year low and middle income tax offset ahead of next month’s budget.

He also says it was never intended to be “a permanent...

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Trump hikes global tariffs to 15% as the fallout from Supreme Court loss continues
US President Donald Trump has announced the United States will increase baseline tariffs on imports from all countries to 15%…

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…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Why You Should Never Be Ashamed of Cosmetic Treatments
Imagine you’re living in Queensland and there’s something about your skin that has always bothered you such as a mole, a birthmark, or another issue. It has always made you…
How high can US debt go before it triggers a financial crisis?
rarrarorro/ShutterstockThe tax cuts bill currently being debated by the US Senate will add another US$3 trillion (A$4.6 trillion) to US debt. President Donald Trump calls it the “big, beautiful bill”;…
Why kickstarting small business exports could boost stagnant wages
Large companies control 88% of the agricultural export market.ShutterstockPrioritising exports by small and medium businesses would boost wages, according to our work for an ongoing parliamentary inquiry. Smaller Australian businesses…

Why does building a home still feel like stepping into the unknown? In an industry where costs blow out and decisions come too late, certainty has...

The company has also launched its developer API to empower creators and builders to integrate AI into their workflows SYDNEY, Australia – 19 Febr...

Psychological injury is now one of the most expensive categories of workers compensation claims in Australia, with Safe Work Australia reporting t...

Australia’s small businesses are powering ahead with optimism, resilience and discipline, however, mounting pressures on costs, wellbeing and cons...

financial accountability to how they run cloud and AI, according to leading Australian systems integrator, Brennan. Based on customer insights...

UNSW Launches Global Innovation Foundry to Scale 100 Australian Startups Internationally New initiative provides startups and spinouts with direc...