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Cash rate hike a step in the right direction, but will not ease oil prices

Carlos Tse | 1 minute read

Against the backdrop of the war in the Middle East, economists are confident that the RBA’s decision to hike the cash rate will happen again at its next meeting.

David Pocock backs major reforms for CGT, negative gearing

The senator has urged the government to consider removing the CGT discount and reforming negative gearing, echoing similar calls from the Greens and other independents.

Review panel proposes complete overhaul of R&D tax incentive

The independent review into Australia's R&D system has called for a significant redesign of Australia's research and development tax incentive.

Senate committee releases findings from CGT discount review

The CGT discount, in combination with negative gearing, may have skewed housing ownership away from owner-occupiers, the Senate inquiry has found.

RBA hikes rates again amid growing inflation risk

Interest rates will increase again this month following a previous rate rise in February.

Senate votes down Greens' proposal for 25% gas export tax

A push by the Greens party to implement a 25 per cent export tax on gas exports has failed to progress through the Senate following a vote last week.

RBA should delay rate hike until May, says AMP

The Reserve Bank is expected to raise rates again today, but should postpone increasing rates until the dust from the war in Iran has settled, AMP has said.

ATO flags key updates for FBT tax time this year

The Tax Office will increase its focus on employers who overlook or misreport FBT on the private use of work vehicles.

Group 1 climate reporting results a ‘mixed bag’

The first round of reports for mandatory climate reporting show significant variation in how well companies understand the requirements, according to Grant Thornton.

Every firm needs an AI strategy with robust governance
Court decision reinforces 'integrity of personal insolvency system': AFSA

A recent judgment provides greater clarity on how the Official Receiver's powers can be used to support the recovery of assets in complex insolvency matters, AFSA has said.

BDO adds new CRO and CPO