Business
Running a side business while still employed: What to consider at tax time
11 June
Many Australians start a sole trader business or partnership while still working as an employee. It might begin as a side hustle, a family business, consulting work, a trade, an online store, or a passion project that slowly becomes more serious....[Read More]
Tax changes push biotech and health sectors offside
11 June
Some of Australia’s leading health and life sciences organisations are urging Treasurer Jim Chalmers to review the changes to research and development taxes proposed in his budget. Sector advocates say while they’re concerned over a number of Dr...[Read More]
7 signs it may be time to start your own business
4 June
Many people dream of starting their own business, but very few wake up one day with absolute certainty that the time is right. More often, the signs build slowly. A frustration at work. A passion that keeps pulling at you. A skill others keep asking...[Read More]
Minimum wage tops $1000 a week, stoking inflation fears
4 June
Workers on the minimum wage will receive more than $1000 a week for the first time, but businesses and economists warn the pay bump could fuel inflation and more rate rises. Industrial umpire the Fair Work Commission handed a 4.75 per cent pay boost...[Read More]
AI risks deepening divide between investors and workers
4 June
The divide between people who earn income from investments and those who work for a living could be exacerbated by the artificial intelligence revolution, economists at Australia’s largest business lender warn. While the adoption of AI is expected...[Read More]
Businesses still in dark on tax carve outs from budget
3 June
Start ups and small businesses will be forced to wait longer to find out if they will get special treatment from looming tax changes, as the government looks to enact the measures within weeks. Measures in the federal budget limiting negative...[Read More]
Key person insurance: Protecting the people who keep your business moving
28 May
In many small businesses, success is not just built on products, systems or premises. It is often built around people. A founder who holds the client relationships. A senior technician who understands the systems. A sales manager who brings in...[Read More]
Payday Super: why employers need to prepare now
28 May
From 1 July 2026, Australian employers will face one of the most important superannuation compliance changes in many years. Under the Australian Government’s Payday Super reform, employers will need to pay employee superannuation guarantee...[Read More]
Jobless jump, Iran war shoot down fears of rate rise
28 May
The likelihood of a rate hike in June has shrunk after a surprise jump in the unemployment rate showed the Iran war is having a material impact on Australia’s economy. While bad news for workers, the rise in the jobless rate from 4.3 per cent to...[Read More]
Labor happy with softer housing market since budget
27 May
Softer auction rates are a sign tax changes in the federal budget are making things easier for first home buyers, the housing minister says, as Labor weathered another day of criticism from investors and entrepreneurs. Auction clearance rates held...[Read More]
‘No whammy’: businesses hit back at budget tax overhaul
21 May
States and territories are being urged to slash stamp duty for small businesses and families to help them handle the fallout of a contentious overhaul of tax on investments. The federal government has flagged some GST relief for Australians affected...[Read More]