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Business sector remains 'financially resilient' despite increased pressures: RBA

Miranda Brownlee | 1 minute read

Cost pressures are expected to increase for some businesses over the period ahead but many businesses remain well placed to manage these, the latest Financial Stability Review has found. ...

ASIC flags lodgment of financial reports as new focus area

The corporate regulator is paying greater attention to companies that fail to lodge financial reports, and is currently seeing widespread non-compliance in this area.

APESB welcomes new board chair

To front the board after Nancy Milne’s tenure concludes in March, former senior judge of the Supreme Court of NSW, the Honourable Peter Garling RFD, SC, has been appointed as chair.

BDO flags potential policy gaps with R&D review recommendations

The scale of the proposed reforms to the R&D tax incentive means they may be difficult to legislate and challenging to administer in practice, according to the mid-tier firm.

Treasurer to deliver 'ambitious' tax package to address rising economic pressures

This year's federal budget will be centred on three major reform packages on tax, savings, productivity and investment, says Jim Chalmers.

Aussie exporters urged to prepare for tariff refunds

A $175b refund pool has been created after the White House’s loss at the US Supreme Court in February, which invalidated drug and reciprocal tariffs.

Latest jobs data gives 'mixed signals' about labour market

The seasonally adjusted unemployment rate increased to 4.3 per cent, despite the number of employed people growing by 49,000.

BCA welcomes recommendations from R&D review

Recommendations from the review into Australia’s research and development settings “provide a clear pathway for boosting business investment in research and development”, according to the Business Council of Australia. ...

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

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.