Business News

If we wanted to, we could stop filling shoeboxes with receipts. Here's how to simplify work-related tax deductions

Written by John Minas, Senior Lecturer in Taxation, University of Tasmania

Le Do/Shutterstock

Ever wondered why you’re still collecting receipts on the off-chance the Tax Office wants to see them?

A decade ago, fired up by what he’d read in the Henry Tax Review, Labor Treasurer Wayne Swan promised to end what he said was the “hassle of shoeboxes full of receipts”.

From 2012 onwards everyone would be...

Is the capital gains tax discount an act of intergenerational ‘bastardry’?
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Australia was once a world leader in innovation. A new report shows the system is now ‘broken’
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It looks like a scam. But if you’ve received an unexpected email or text message, starting withThe Supreme Court of Vic…
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The Reserve Bank of Australia (RBA) has lifted official interest rates for the second time this year as it struggles to bring…
The Iran crisis is hitting KiwiSaver balances – but market volatility can work for you too
Getty ImagesAs well as checking the news for updates on events in the Middle East, many New Zealanders are also nervously che…

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…

Customers in Australia are complaining less to brands directly; trust and loyalty drop in 2023
Qualtrics announces top consumer experience trends for 2024 As AI becomes a bigger part of daily life consumers place a premium on human connection; quality beats price; digital is an…
gender differences in time use appear to be narrowing, but slowly
ShutterstockThe Australian Bureau of Statistics has released its first time-use survey in 15 years. The last time it collected such data, in 2006, Apple was yet to release the iPhone…
Northern Territory class action will hold the Commonwealth to account
Alan Lambert, CC BY-SAThis article contains names and images of people who have passed.On August 23 1966, Vincent Lingiari and his fellow Aboriginal stock workers walked off the Wave Hill…

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

AI curiosity fuels new wave of employee-led innovation in Australia

Leaders across Australia are asking themselves how they can ensure their employees get the most out of AI. We recently conducted research to help an...

Is your search bar your competitor’s best salesperson?

A few weeks ago, I was watching the Super Bowl. Traditionally, those halftime ad spots are reserved for the world’s biggest, most established bran...

If we wanted to, we could stop filling shoeboxes with receipts. Here's how to simplify work-related tax deductions

Is the capital gains tax discount an act of intergenerational ‘bastardry’?

Australia was once a world leader in innovation. A new report shows the system is now ‘broken’

Yes, what you think about inflation can influence what the RBA does next

Why millions of JB Hi-Fi customers are getting these texts and emails about a court case

RBA narrowly votes to lift interest rates. The Middle East war may determine if there’s more to come

The Iran crisis is hitting KiwiSaver balances – but market volatility can work for you too

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Customers in Australia are complaining less to brands directly; trust and loyalty drop in 2023

gender differences in time use appear to be narrowing, but slowly

Northern Territory class action will hold the Commonwealth to account

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Global Thryv voices bring a sharper lens to International Women’s Day

AI curiosity fuels new wave of employee-led innovation in Australia

Is your search bar your competitor’s best salesperson?

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security