economy
The gift of trust: How talking about us strengthens our business and community
4 December
Referrals mean more to us than words can easily express. When a happy client shares their experience and recommends us to a friend, colleague, or family member, it is one of the greatest compliments we can receive. We never take that trust for...[Read More]
Uni debts slashed for more than one million Australians
3 December
Half of all Australians with a student debt have had their loans slashed by 20 per cent. The Australian Taxation Office will automatically apply the one-off reduction, with a further 1.5 million people to receive the cut by the end of next week. In...[Read More]
Inflation surges as energy rebates run out of gas
26 November
Surging inflation has dashed hopes of one last rate cut and heightened expectations energy rebates will be extended. Expiring electricity subsidies helped drive up the annual consumer price index from 3.6 per cent to a 16-month high of 3.8 per cent...[Read More]
Invest or lose: Australia’s billion-dollar AI warning
26 November
Australia could miss out on a $150 billion boost to its economy if it fails to invest in artificial intelligence, including sovereign AI models, regional hubs, training and infrastructure. But decisive investments in the technology could deliver an...[Read More]
No smoking gun to link deposit scheme, home price spike
12 November
Property prices grew at the fastest rate in more than two years following the federal government’s expanded deposit guarantee scheme kicking in, but there is not enough evidence of a direct link between the two, housing experts say. Home values...[Read More]
Timeline set for easing of student debt burden
8 October
Some three million Australians with a student debt will soon see their balance owed reduced as the tax office prepares to implement a 20 per cent cut. The Australian Tax Office will apply the reprieve from mid-November and anticipates half of...[Read More]
Appliance reliance: consumers want repairability labels
1 October
Australian consumers are not being given enough information about the expected life of appliances, research shows, and could be wasting money based on vague environmental claims. The trend is occurring despite more than four in five consumers...[Read More]
National economy still stuck in ‘productivity malaise’
24 September
Australia’s productivity performance improved in the June quarter, but weak capital investment is still holding back growth in living standards, the Productivity Commission says. Growth in labour productivity – or doing more with less –...[Read More]
US fears push Aussie investors towards local shares
10 September
Australian mum-and-dad investors increasingly favour local shares over US stocks as concerns swell around Trump administration policies, data shows. The proportion of Australian investors putting their money into US assets fell from 25 per cent in...[Read More]
Record forecast set for Australian production
3 September
Soaring livestock prices are set to push Australia’s agriculture, fisheries and forestry production to record heights, eclipsing $100 billion. Drought conditions in Australia have affected livestock supply, with the federal government’s...[Read More]
Cutting ‘nightmarish’ red tape may awaken productivity
20 August
Border-crossing tradies and other small business owners are being hammered by regulatory burdens, but a sweeping plan to slash red tape could save them more than $1 billion a year. Canberra-based deck builder Xavier Duffy is forced to navigate a...[Read More]
‘Not right’: Australia urged to wind back tax breaks
6 August
Australian workers could be locked out of home ownership unless property concessions are reined in, but any reform would require careful manoeuvring from the government. As the federal government seeks ways to reinvigorate the nation’s languishing...[Read More]
Rising cost to build a wake-up call on housing dream
23 July
A rise in construction costs is likely to stoke inflation while pushing home-building targets further out of reach, fresh data analysis suggests. Construction costs rose 0.5 per cent in the June quarter, picking up slightly from a 0.4 per cent rise...[Read More]
Big bank’s tax vision bucks business lobby, coalition
16 July
Superannuation concession limits and a wealth tax could unlock national economic productivity, Australia’s largest bank says, but others call them a “war on aspiration”. Many have been some surprised and some incensed by the Commonwealth...[Read More]
Home truths on housing target in leaked Treasury advice
16 July
The accidental release of government department advice which warned Labor was not going to meet its housing target and urged them to raise taxes, has not rattled the treasurer. Independent advice from the Treasury department, which was...[Read More]