Australia’s newly announced emission reduction target will cost the private sector approximately $22 billion a year in abatement costs, new analysis has found.
Unemployment has climbed to its highest rate since November 2021, renewing expectations for a November rate cut.
With real disposable income back above its pre-pandemic level, the RBA has puzzled over Australia’s stubbornly low consumer sentiment.
The message is unmistakable; climate reporting is here, it is mandatory, and it’s here to stay. Accountants who proactively embrace this change can do more than ensure compliance, write Manny Vassal and Olivia Garvey.
A Future Made in Australia demands more than first home grants – it needs start-up zones and bold tax breaks, writes Puneet Singh.
New research shows that mid-sized businesses are leaning into AI to optimise growth opportunities, but that the cash rate remains the biggest pressure point in the market.
While insolvency rates have climbed over recent years, the RBA’s recent financial stability review determined that this wouldn’t pose significant risks to Australia’s financial system.
Green shoots are appearing in Australia’s economy, but economic growth will be sluggish over the next decade without more business investment, Deloitte Access Economics has warned.
Despite a positive outlook in the Final Budget Outcome 2024–25, a professional accounting body remains sceptical as Australia continues to rely on taxpayers and deficits.
Fresh US tariffs on pharmaceuticals are set to come in tomorrow (2 October AEST), but significant uncertainties remain regarding who and what will be included.
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