Business

Business

‘Gift and loan back’ arrangement ruled invalid by Federal Court

The Federal Court has found that representations made about an arrangement promoted as a Vestey Trust were false and...

11 April 2024 • By Miranda Brownlee

more from business

Business

Positive signs for retail and construction in latest business survey

Business conditions fell slightly in March but there are signs of improvement in both the retail and construction...

10 April 2024 • By Miranda Brownlee

Business

Small business productivity slipping below pre-COVID levels

Small business labour productivity is managing to keep pace with big businesses but remains below pre-pandemic output,...

10 April 2024 • By Miranda Brownlee

Business

Service station enters enforceable undertaking over $2.3m in unpaid leave

The South Australian employer will back pay or credit $2.3 million in annual leave entitlements to staff following a...

09 April 2024 • By Miranda Brownlee

Business

Victorian cities rank highest as best location for start-ups

A recent study has revealed that regional cities in Victoria have been ranked as some of the best locations to start a...

09 April 2024 • By Miranda Brownlee

Business

Draft legislation to provide tax relief for certain lump sum payments

The draft legislation will exempt eligible lump sum payments in arrears from the Medicare Levy where they are received...

08 April 2024 • By Miranda Brownlee

Business

ATO to boost affirmative action after missing Indigenous staff targets

A mid-year report has shown the Tax Office is struggling to meet 2023–24 staff representation targets, with the...

08 April 2024 • By Christine Chen

Business

Tax agents ‘relentlessly pushed to self-serve’ on ATO systems, says CA ANZ

Practitioners are frustrated with the increasing amount of administrative work they are required to do due to...

08 April 2024 • By Miranda Brownlee