Crossbench senators have doubled down on their calls for a new tax on windfall gas profits as conflict in the Middle East threatens Australia’s energy security.
Insolvency rates for businesses overall have returned to long-run averages but remain elevated in certain industries, according to a report by the central bank.
Senators have questioned the professional bodies about whether increased private equity ownership of accounting firms is creating a conflict with accountants' ethical obligations.
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. ...
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.
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.
This year's federal budget will be centred on three major reform packages on tax, savings, productivity and investment, says Jim Chalmers.
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.
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. ...
The seasonally adjusted unemployment rate increased to 4.3 per cent, despite the number of employed people growing by 49,000.
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.
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.
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