The seasonally adjusted unemployment rate increased to 4.3 per cent, despite the number of employed people growing by 49,000.
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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.
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. ...
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.
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.
The independent review into Australia's R&D system has called for a significant redesign of Australia's research and development tax incentive.
The CGT discount, in combination with negative gearing, may have skewed housing ownership away from owner-occupiers, the Senate inquiry has found.
Interest rates will increase again this month following a previous rate rise in February.
The Tax Office will increase its focus on employers who overlook or misreport FBT on the private use of work vehicles.
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.
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.
The first round of reports for mandatory climate reporting show significant variation in how well companies understand the requirements, according to Grant Thornton.