Business News

The dirty secret at the heart of the projected budget surplus: much higher tax bills

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

Bill shocks are the flipside of a surplus built on higher tax collections and tighter access to support payments.Shutterstcok

The budget is bouncing out of deficit and is set to stay in surplus for the decade to come.

That’s what the April budget and the final budget outcome for 2018-19 tell us, and Thursday’s report from the...

How Local SEO Helps Trade Businesses Win More Jobs in Competitive Areas
Running a trade business in a competitive area means ranking in local search results is non-negotiable. Visibility leads to…
Do you have Bitcoin? Be aware of the tax consequences of selling your investment
Bitcoin is ubiquitous. It is impossible to open a social media stream or news source without encountering yet another mention…
Murdoch’s News Corp has moved into the mortgage business. Where are the regulators?
If you want to advertise a house online in Australia, you don’t have many options. Just two companies dominate the mark…
Brands want us to trust them. But as the SPF debacle shows, they need to earn it
It’s quite unsettling to discover something so central to our cultural rituals – the “slop” in the Au…
Wild swings in the oil price make the Reserve Bank’s job harder
It looks, at least for now, as though tensions in the Middle East are easing somewhat. It appears much less likely Iran will …
New climate reporting rules start on July 1. Many companies are not ready for the change
PaeGAG/ShutterstockA new financial year starts on July 1. For Australia’s large companies, that means new rules on clim…

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…

How Sydney Drone Photography Transforms the Way Properties Are Marketed
Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real estate agents to highlight property features, surrounding amenities, and…

Demand for Australian natural and organic products surge during COVID
According to Dr Mathew McDougall, demand for Australian natural and organic products has surged during COVID to the point where producers and manufactures are urgently ramping up capacity. …
How Blockchain is Revolutionising the World of Software Development
In the ever-evolving realm of technology, few innovations have had as profound an impact on software development as blockchain. Initially known for powering cryptocurrencies like Bitcoin, blockchain technology has transcended…
we're doing well despite Delta, but 3 major economic challenges loom
This week the Organisation for Economic Co-operation and Development published its first “Economic Survey of Australia” since 2018. It gives Australia good marks for a remarkably good economic response to…

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...