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Economic activity jumps 1.8% in March quarter The Australian economy has rebounded above pre-pandemic levels, after it recorded 1.8 per cent growth in the March quarter, following government stimulus spending and sur...
FWO secures $204k penalty order against restaurant operator over unpaid wages The Fair Work Ombudsman has secured a court-ordered penalty against a Melbourne-based restaurant operator for failing to pay staff below minimum wage, casual loading, ove...
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Treasury forecasts wage cuts following superannuation increase Future increases to the superannuation guarantee are forecast to come at the expense of wages growth, says the Treasury secretary. ...
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NSW announces $24m innovation and research program The Berejiklian government will offer small and medium-sized businesses up to $24 million in grants over two years to commercialise solutions for the government’s agenc...
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Male accountants paid up to 50% more than women: CA ANZ Male chartered accountants are paid up to 50 per cent more than their female counterparts, and hold most of the profession’s senior positions, a survey of Chartered Acc...
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Xero appoints new managing director Australia, Asia The cloud accounting software provider has appointed a new managing director of Australia and Asia. ...
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JobKeeper’s expiry has cost 56,000 jobs to date: Treasury New Single Touch payroll data reveals 56,000 workers formerly on JobKeeper have lost their jobs, up from 40,000 over the last two weeks. ...
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CPA, CA ANZ cast doubt over Your Future, Your Super reforms The industry bodies have revealed concerns over the design of the reforms, which each believes should have been consulted on earlier, given the significance and volume of...
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‘Overconfident’ taxpayers warned to approach tax time with caution More than two-thirds of taxpayers will head into tax time with inflated confidence, but most won’t have the resources necessary to navigate the “major” tax implicat...
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COSBOA calls for national targeted support scheme as lockdowns continue In the wake of Victoria’s fourth lockdown, the small business organisation has called for sustained federal small business support, like New Zealand’s COVID-19 Resurg...
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