| Date | Title | Description |
| 10.10.2024 | Merger reform rules to target ‘creeping acquisitions’, protect small businesses from fees | Australian Competition and Consumer Commission (ACCC) Chair Gina Cass-Gottlieb and Treasurer Jim Chalmers at a press conference at Parliament House in Canberra, Thursday, October 10, 2024. (AAP Image/Mick Tsikas) article-article-body
The fe... |
| 26.09.2024 | Taxation Tides: Navigating New Waters in Australia’s Tax Landscape | The Australian tax landscape is shifting. Recent government proposals are stirring the waters, creating waves of concern and relief among tax agents and businesses alike. The Treasury is reworking its ethical rules for tax agents, a move th... |
| 26.09.2024 | Tax sector secures “significant” concessions as government softens client ‘dob in’ measures | Source: Pexels/Oleg Magni. article-article-body
The federal government is rewriting a controversial set of ethical rules for tax agents, relenting to some, but not all, of the sector’s most significant concerns.
Debate over the requirements... |
| 25.09.2024 | Treasury details plan to remove tax-deductible status for ATO interest payments | Source: Adobe Stock article-article-body
Outstanding tax debts will become even less desirable when interest on those late payments loses its tax-deductible status next year.
Now, the Treasury is consulting on how to best affect that change... |
| 18.09.2024 | Payday super: Employers face daily interest on unpaid super, Small Business Superannuation Clearing House to be ‘retired’ | Source: Adobe Stock. article-article-body
Australian employers are set to be charged daily interest on superannuation that is not paid to employees within seven days of their payday, while small businesses will lose access to the Small Busi... |
| 30.08.2024 | How Australian manufacturers use ERP to be more competitive | Despite ongoing scepticism surrounding the "Future Made in Australia" initiative, many Australian manufacturers are proving that local production's future is viable and can thrive with the right strategies. Rather than focusing on... |
| 19.07.2024 | “Potential consequences”: Treasury proposal to close tax agent registration pathway draws concern | Ram Subramanian, CPA Australia's interim head of policy and advocacy. Source: Supplied article-article-body
A significant pathway to tax practitioner registration should be closed, the Treasury argues, rattling the accounting sector and cau... |
| 28.06.2024 | CSIRO launches Virga supercomputer with Dell Technologies | Australia's national science agency, CSIRO, has launched a new high-performance computing facility named Virga. Built in collaboration with Dell Technologies, this system is set to replace the previous generation machine, Bracewell. The new... |
| 03.06.2024 | The $84 billion question: How the skilled migration test should be reformed | Source: Adobe Stock article-article-body
As the government consults on potential reforms to points-tested visas for skilled migrants, the stakes couldn’t be higher.
Skilled migrants contribute enormously to Australia’s prosperity – shaping ... |
| 28.05.2024 | Future Made in Australia will create jobs but it doesn’t go far enough | Source: Adobe Stock article-article-body
The shift towards net zero emissions and greater international competition have created new opportunities for clean energy industries – poised to shape the global economy in the coming decades.
To ha... |
| 16.05.2024 | Cryptocurrency finally mentioned in a Labor budget, sort of | Source: SmartCompany via Canva. article-article-body
The last couple of federal budgets have been devoid of cryptocurrency and blockchain mentions. This year has been a little different, with the government throwing a $7.5 million shared bo... |
| 02.05.2024 | What the government can do to stop Australians from losing $5,200 a minute to scams | Source: joshua hoehne/unsplash. article-article-body
What if the government was doing everything it could to stop thieves making off with our money, except the one thing that could really work?
That’s how it looks when it comes to scams, wh... |
| 23.04.2024 | Hundreds of small businesses ask for help after losing access to Facebook, Instagram and more | Social media applications are displayed on an iPhone. Source: AP/Jenny Kane article-article-body
Small business disputes with digital platforms like Facebook are the fastest-growing complaint category faced by small business ombudsman Bruce... |
| 16.04.2024 | Julie Collins: Payment times reforms will be a shot in the arm for small businesses | Source: SmartCompany article-article-body
Innovative, adaptive and hardworking – that’s how I described Australia’s small business owners earlier this month at the COSBOA National Summit in Sydney.
But that hard work and dedication can be t... |
| 25.03.2024 | Calls to increase competition amid Chemist Warehouse’s merger with Sigma Healthcare | A Chemist Warehouse location in Liverpool, Sydney, in 2021. Source: AAP Image/ Bianca De Marchi article-article-body
Corporate Australia loves a big merger. And amid a growing flurry of them across the business scene, a new blockbuster has ... |
| 28.02.2024 | Price gouging by banks? There’s a simple solution | (Clockwise from top left) The logos of NAB, ANZ, Westpac, and Commonwealth Bank. Source: Joel Carrett / AAP Image article-article-body
Does it feel like you’re being charged more for all sorts of things these days, from groceries to banking... |
| 12.02.2024 | How the Australian Government Sees AI Accelerating Productivity | Australia has a problem with slowing productivity growth. As the group tasked with addressing this, the Australian Government’s Productivity Commission is looking at AI as a potential part of the problem. Recently, the Commission released a... |
| 08.02.2024 | How GrainInnovate and growAG are building connections down under to solve global food challenges | The grain industry is a vital part of Australia’s economy, supplying 25% of the country’s agricultural gross value of production.
Nigel Hart, managing director of Australia’s Grain Research and Development Corporation (GRDC), says that give... |
| 01.02.2024 | Australia’s inflation rate is now at its lowest in two years | Source: Adobe Stock article-article-body
Inflation has fallen for the fourth successive quarter.
Australia’s annual inflation rate fell to 4.1% in the December quarter of 2023, down from 7.8% in the December quarter of 2022.
The new rate is... |
| 29.01.2024 | How Labor’s Stage 3 tax cuts will benefit women workers | Source: AAP Image/Mick Tsikas article-article-body
One aspect of Labor’s amendments to the Stage 3 tax cuts that has received limited coverage so far is the differing impacts for workers by gender.
Shifting the substance of the tax cuts dow... |
| 22.12.2023 | Major increase in civil penalties on the table for rogue tax agents | Assistant Treasurer and Minister for Financial Services Stephen Jones. Source: AAP Image/ Mick Tsikas article-article-body
Assistant Treasurer Stephen Jones has told accountants, lawyers and other professionals they have until January 21 to... |
| 07.12.2023 | Happy birthday AUD: A timeline of how the Australian dollar was floated 40 years ago | Source: Canva article-article-body
These days, we take for granted that the value of the Australian dollar fluctuates against other currencies, changing thousands of times a day and at times jumping or falling quite a lot in the space of a ... |
| 14.11.2023 | Uniswap launches Android wallet app with built-in swap function
Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator
Privacy-first, copyright-friendly content is key to driving Web3 adopti... | Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.
The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating the nee... |
| 10.11.2023 | JPMorgan rolls out programmable payments for institutional blockchain platform JPM Coin
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
How this all-in-one app bridges t... | Multinational banking firm JPMorgan has rolled out a programmable payment feature for institutional users of its private blockchain platform, JPM Coin.
Naveen Mallela, head of JPMorgan’s bank-led blockchain platform Onyx, shared details of ... |
| 10.11.2023 | Wallet crypto bot rolls out on Telegram in Colombia, SA and Kenya
China declares stealing digital collections like NFTs liable for criminal theft sentence
Bridging TradFi with crypto innovations: AM... | Cryptocurrency trading bot Wallet is debuting its global rollout on Telegram Messenger in several countries in Latin America and Africa.
The Open Platform (TOP), the Dubai-headquartered investment platform affiliated with TOP Labs and Walle... |
| 07.11.2023 | IT Pros in Australian Crypto Need to Brace for Regulation | Bitcoin crypto currency coin with cracked Australia flag. Crypto restrictions.
Australia’s Treasury Department recently released a proposal paper on regulating digital asset platforms, aiming to support innovation while addressing consumer ... |
| 23.10.2023 | eBay announces $200,000 grant for circular fashion startups | Brooke Eichhorn, eBay Australia’s Head of Fashion. Source: eBay article-article-body
The Australian Fashion Council (AFC) and eBay Australia have just announced a $200,000 Circular Fashion Fund. The fund is aimed at startups specialising in... |
| 23.10.2023 | Proposed laws to do away with secrecy rights of rogue tax agents | Current laws don’t provide a way for regulators to give tax agents information that would enable them to investigate breach of ethics. Source: AAP Image/Lukas Coch article-article-body
Rogue tax agents won’t be able to depend on secrecy pro... |
| 23.10.2023 | Government releases draft legislation for Apple and Google Pay regulation | Image: Marcus Aurelius article-article-body
On Wednesday the federal government handed down draft legislation that would allow the Reserve Bank of Australia (RBA) to regulate digital payment services such as Apple Pay and Google Pay.
If pas... |
| 23.10.2023 | Crypto regulation bill rejected, Labor’s token mapping plan still MIA | Image: Davor Puklavec/PIXSELL article-article-body
Australia’s Senate Economics Legislation Committee has rejected Senator Andrew Bragg’s cryptocurrency regulation bill. The Digital Assets (Market Regulation) Bill 2023 aimed to impose minim... |
| 23.10.2023 | Intergenerational Report 2023: Six key points for Australian businesses | Source: Unsplash/Yang Xia article-article-body
The latest Intergenerational Report has arrived, projecting what the Australian population and economy will look like in 40 years.
Across 296 pages, the Treasury document envisions an ageing Au... |
| 23.10.2023 | Australia is finally getting crypto regulation, with exchanges being targeted | Assistant Treasurer and Minister for Financial Services Stephen Jones. Source: AAP Image/Mick Tsikas article-article-body
It seems Australia may finally get some long-awaited crypto exchange regulation, with Assistant Treasurer Stephen Jone... |
| 23.10.2023 | NSW Small Business Commissioner challenges big firms accused of shady subscriptions practices | NSW Small Business Commissioner Chris Lamont. Source: Supplied article-article-body
Debt collectors are chasing small businesses which fall into auto-renewing contracts they can no longer afford, the New South Wales Small Business Commissio... |
| 23.10.2023 | Scrapped: Business registry modernisation scheme halted after projected $2.3 billion blowout | Assistant Treasurer and Minister for Financial Services Stephen Jones. Source: AAP Image/Mick Tsikas article-article-body
It was meant to slash costs and complexity for Australian businesses. Instead, the federal government has scrapped the... |
| 16.10.2023 | First Mover Americas: Bitcoin Spot ETFs Inch Closer to Reality in U.S. | This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.
Latest Prices
Latest News: Bitcoin Momentarily Hits $30K on Fal... |
| 21.08.2023 | A Guide To Small Business Restructuring In Australia | Share
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If your business faces financial difficulty, you may wonder about your options. In response to recent economic challenges, the Australian government has developed a new framework to help small businesses restru... |
| 29.06.2023 | Gov, regulators and banks to make moves on debanking | The government has backed a closer watch on debanking, the controversial practice of cutting risky fintechs such as those working on cryptocurrency off from banking services.
It will now work with regulators, banks and impacted industries t... |
| 07.06.2023 | Banks, fintechs back Australian payments overhaul | Banks and fintechs have lent their support to a new strategic plan for Australia’s payments system that was unveiled by the government on Wednesday.
The wide-ranging plan includes an update to the regulatory framework for payments; ongoing ... |
| 30.05.2023 | Industry players call for clearer CDR roadmap | FinTech Australia and Financial Data and Technology Association (FDATA) have called for the government to develop a consolidated industry consumer data right (CDR) roadmap.
According to the two industry players, there is a lack of clarity a... |
| 18.05.2023 | Exploring the Rise of BNPL: Unlocking Affordability or Encouraging Overspending? | Does that USD 300 pair of sneakers seem too expensive for you? With Buy Now, Pay Later (BNPL) services, it’s possible for you to split your purchase into three or four equal payments, without having to pay any interest at all.
With the expl... |
| 20.04.2023 | How Financial Stability Relates To ESG Disclosure | By Juliana Bruwer, SAP |
| 20.04.2023 | Six Takeaways From the FIS Global Payment Report 2023 | Making payments is no longer just a simple transfer of cash from consumer to merchant. As our world becomes increasingly digitized, consumers are now demanding safety, efficiency, and the ability to be rewarded whenever they make a purchase... |
| 20.02.2023 | Treasurer touts digital advice for super industry | Treasurer Jim Chalmers has touted the role of digital technologies in helping people get good superannuation advice.
In a speech hosted by Conexus Financial, Chalmers pointed out that with 3.6 million Australians heading for retirement in t... |
| 10.02.2023 | Ripple CEO lauds ‘energizing’ global regulatory progress amid SEC offensive | As fears are mounting over the recent actions of the United States Securities and Exchange Commission (SEC) in the cryptocurrency sector, the CEO of Ripple, Brad Garlinghouse, has tried to put the community at ease by drawing attention to t... |
| 06.02.2023 | Treasury starts cryptocurrency regulation consultation | The government has started its promised inquiry into the regulation of cryptocurrency, outlining plans to provide more tools and power to authorities.
Treasury has asked for input on token mapping as it “seeks to build a shared understandin... |
| 03.02.2023 | Australia Is One Step Closer to Regulating Crypto, Here's Its Latest Engagement | The crypto regulation drive in Australia is taking on a new dimension as the Australian Treasury released a consultation paper on "Token Mapping," unveiling one of its core approaches to reforming the nascent crypto ecosystem. In ... |
| 15.12.2022 | Tap to the future: Government could crack down on payment companies making it harder for SMEs to access the cheapest fees | Source: Pexels/Karolina Grabowska.
Countless Australian retailers pay a premium to international giants like Visa and Mastercard when they process card payments, potentially missing out on cheaper transaction options every time customers ta... |
| 01.12.2022 | “It’s just not fair”: Andrew Leigh targets Booking.com and Expedia contracts as Treasury considers legislative crackdown | Federal MP Andrew Leigh. Source: AAP.
Accommodation booking platforms must present a “pretty good case” for contract terms that keep hotels from offering cheaper prices on their own websites, Competition Minister Andrew Leigh says, as the f... |
| 18.11.2022 | FTX collapse renews urgent need for cryptocurrency exchange regulation | Bitcoin price chart from TradingView as of May 23, 2020. Source: Unsplash/Nick Chong.
The Labor government has commented on crypto regulation off the back of the massive FTX collapse. But with little to no timeline or transparency on when o... |
| 24.10.2022 | Co-founder of MoneyGirl, Mariam Mohammed, joins Super Fierce to make super accessible to diverse communities | SYDNEY, Oct. 24, 2022 /PRNewswire/ -- Wealthtech social enterprise platform Super Fierce has appointed speaker, entrepreneur, and co-founder of social enterprise MoneyGirl Mariam Mohammed as Chief Diversity Officer, to help make super more ... |
| 18.10.2022 | Telcos ask for phased introduction of CDR | The telecommunications industry has asked Treasury to allow a phased introduction of the Consumer Data Right (CDR), mirroring how the rollout took place in banking and energy.
Treasury is currently conducting a consultation into expanding t... |
| 14.10.2022 | Cult of the Lamb sold 1 million copies in its first week. Here’s why the founders are determined not to grow too fast | Cult of the Lamb sold 1 million copies in its first week.
Cult of the Lamb has been the darling of the Australian games scene since it dropped back in August. After selling 1 million copies in its first week it went on to sweep four Austral... |
| 30.09.2022 | Telcos, ISPs cautious about CDR | Telecommunications and Internet Service Providers say the government should demonstrate that the Consumer Data Right has delivered benefits for banking and energy consumers, before extending the regime to other industries.
Yesterday, the fe... |
| 30.09.2022 | EnergyAustralia says data innovation trumping privacy in CDR expansion | EnergyAustralia has blasted the prioritisation of “data-driven innovation” over privacy when bringing new industries into the consumer data right (CDR).
The utility, which must comply with the CDR rules in November, made the comments in a s... |
| 30.09.2022 | NAB criticises CDR for creating innovation obstacles | NAB has warned the Consumer Data Right has characteristics that hinder rather than encourage innovation.
The major bank stated in its submission to the CDR statutory review in May [pdf] that while it sees “significant potential and consumer... |
| 23.09.2022 | Rules for Skills and Training Boost must change to include small business owners, says CPA Australia | CPA Australia's Elinor Kasapidis. Source: supplied.
Draft legislation providing small businesses with access to deductions for staff training ought to be amended so that sole traders and individuals operating businesses in partnerships and ... |
| 20.09.2022 | Cyber threats are more prevalent than ever before. Australia needs an “Iron Dome” to protect small business | Source: Unsplash/Clint Patterson
Viruses, whether digital or biological, come in all shapes and sizes. But the best defense from them stems from a unified and persistent response.
Take the Australian COVID-19 response. Federally, through th... |
| 19.09.2022 | Telstra is already building for the consumer data right | Telstra and its brands are already working on the "technical build" that will enable their participation and compliance with the consumer data right (CDR).
News of the work coincided with the government's release of draft rules fo... |
| 19.09.2022 | Small businesses have just hours left to comment on the shape of $1.55 billion in ‘bonus’ tax offsets | Small businesses and training organisations have less than a day left to comment on draft legislation covering the Skills and Training Boost, which could exclude self-employed workers from up to $550 million in “bonus” tax offsets.
The Morr... |
| 08.09.2022 | Australia’s June quarter accounts show GDP is doing well, but economic management is about to get harder | Wes Mountain/The Conversation, CC BY-NC-ND
Tuesday’s national accounts show Australia ending 2021-22 on a strong note.
Gross domestic product grew by a historically robust 0.9% in the three months to June, and by an unusually-high 3.6% over... |
| 07.09.2022 | With timber and steel prices skyrocketing, construction costs are surging out of control | Source: Mick Tsikas / AAP Image
It’s a tough time to build or renovate a house in Australia. Prices are up, well above inflation. Finding materials and getting them on time is a challenge. Builders are grappling with too much work and stres... |
| 31.08.2022 | Jobs Summit: How letting retirees work without docking their pension could help fix the labour shortage | Source: Eric prouzet/unsplash.
With historically low unemployment and “we’re hiring” signs all over the place, there’s an understandable push for more skilled migrants. There’s a session on it at the Jobs Summit on Friday morning.
But there... |
| 30.08.2022 | Summit cheat sheet: what is productivity, and how well does it measure what we do? | It makes sense for tomorrow’s jobs and skills summit to focus on productivity, but other more personal things matter as well, says Peter Martin, Visiting Fellow at ANU’s Crawford School of Public Policy. Among them, the quality of our jobs.... |
| 30.08.2022 | Super Fierce flies past $116m in super savings for Aussies in just 5 months | SYDNEY, Aug. 30, 2022 /PRNewswire/ -- Wealth advice platform and social enterprise Super Fierce has officially flown past $116 million in anticipated super fees saved for its customers after launching just 5 months ago, passing $50 million ... |
| 30.08.2022 | “Do or die”: Tech players welcome government commitment to $1.55 billion “bonus” tax offsets for SMEs | Labor MP Jim Chalmers. Source: AAP/Joel Carrett.
Business bookkeeping platforms have welcomed draft legislation which could create $1.55 billion in “bonus” tax offsets for small businesses, but accounting experts have urged entrepreneurs to... |
| 29.08.2022 | Yes, there’s a ‘skills shortage’. Here are 3 jobs summit ideas to start fixing it right away | Ahead of Thursday’s jobs and skills summit, Pi-Shen Seet from Edith Cowan University and Janice Jones from Flinders University present three ways to fill the immediate skills shortage that don’t rely on migration.
On Thursday, union, busine... |
| 26.08.2022 | Why upskilling is the best way to lift wages in Australia | Treasury’s issues paper for the Jobs Summit says fair pay and job security “strengthen communities, promote attractive careers and contribute to broad-based prosperity”.
But it notes “many Australians have not experienced real wage gains”.
... |
| 19.08.2022 | Unemployment could soon be at 3%. Here’s why it’s not going up anytime soon | Source: Unsplash/Kyle Ryan.
Unfathomably, Australia’s unemployment rate has sunk to 3.4%. Even harder to believe is that it will soon sink lower and after that, if the ANZ’s forecasts are correct, dip below the next threshold to two-point-s... |
| 05.08.2022 | Cigno’s attempts to dodge ASIC show why we need stronger consumer credit laws | Source: Getty
Cigno is exactly the sort of business the Australian Securities and Investments Commission (ASIC) had in mind when it asked for stronger powers to ban the sale of harmful financial products.
Cigno offers short-term loans (comm... |
| 27.07.2022 | Why is Labor trying to wind back superannuation reforms, and what could be the outcome? | Australian Assistant Treasurer Stephen Jones speaks to the media during a doorstop interview at Parliament House in Canberra, Wednesday, July 27, 2022. (AAP Image/Lukas Coch)
Who could even question a requirement that super funds act in the... |
| 21.07.2022 | Coinbase says the SEC’s lack of clear digital securities rules is a ‘huge missed opportunity’ | Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.
The crypto industry is one of the most exciting drivers of financial and technological innovation taking place tod... |
| 10.06.2022 | Labor urged to carry out crypto regulation to protect the million Australians holding digital assets | Source: Shutterstock.
If you spend any time among the cryptocurrency community you’ll come across the mantra “HODL”. Originally a typo for “hold” on a bitcoin forum, it has become all-purpose advice to anyone looking at the day’s price fluc... |
| 31.05.2022 | ANZ and Westpac face discrimination complaints for ‘debanking’ small businesses | Source: Private Media.
A lesser-known agenda item for the incoming Labor government is the vexed issue of debanking — whereby the banks use sometimes dubious justification to deny financial facilities to sole traders and small businesses.
T... |
| 19.05.2022 | Real wages are shrinking. Here’s the proof | Source: Getty
Every three months the Bureau of Statistics releases the lesser-known cousin of the consumer price index. It’s called the Wage Price Index (WPI) and it records changes in the overall level of wages, in the same way the price i... |
| 17.05.2022 | The Value Of Commodities In A Classic Stock-And-Bond Portfolio | CEO of Qdeck, an investment management and Fintech company building cutting-edge solutions for Asset managers & RIAs. |
| 04.04.2022 | The increase to Australia’s permanent skilled intake is a big deal. Here’s why | Migration didn’t rate a mention in Treasurer Josh Frydenberg’s budget speech. But the increase in Australia’s permanent skilled intake that Home Affairs Minister Alex Hawke announced on budget night is a big deal, and one that will leave Au... |
| 22.03.2022 | Government invites businesses to weigh in on the shape of crypto regulation in Australia | Minister for Superannuation, Financial Services and the Digital Economy Jane Hume. Source: AAP/Mick Tsikas.
The Morrison government has opened the floor for submissions on its consultation paper outlining the shape of regulation for the cou... |
| 21.03.2022 | Gov starts cryptocurrency exchange regulation consultation | The Department of Treasury has kicked off an inquiry into regulating cryptocurrency exchange businesses.
The consultation was foreshadowed by minister for superannuation, financial services and the digital economy Jane Hume in her address t... |
| 07.03.2022 | Australia’s insurance gap keeps growing. Here’s how to end the vicious cycle | Residents in northern NSW deal with rising floodwaters. AAP Image/Jason O’Brien
As southeast Queensland and New South Wales wade through the devastation of storms and flooding that now threatens the greater Sydney region, residents and busi... |
| 03.03.2022 | Small telcos could get consumer data right exemption | Smaller telcos could be exempt from obligations under Australia’s consumer data right (CDR), if a proposal by Treasury is adopted.
The industry, which has greeted its inclusion in the CDR scheme with scepticism, yesterday got its first look... |
| 01.03.2022 | ACCC considers options to better regulate big tech | ACCC chair Rod Sims.
Australia’s competition watchdog is considering a new regulatory framework to combat the dominance of big digital platforms.
The Australian Competition and Consumer Commission (ACCC) is seeking views from consumers, bus... |
| 25.02.2022 | The government’s changes to employee share schemes have stalled. Is it all bluff and bluster? | Treasurer Josh Frydenberg. Source: AAP Image/Dean Lewins
In the prevailing tight labour market where non-cash remuneration is a key tool employers can use to attract, retain and motivate key employees, the stalling of the federal government... |
| 21.02.2022 | Top economists say lifting the ceiling on Australia’s migrant intake would help COVID-19 recovery | Australia’s leading economists have overwhelmingly endorsed a return to the highest immigration intake on record, saying Australia should aim for at least 190,000 migrants per year as it opens its borders, up from the target of 160,000 per ... |
| 11.02.2022 | Small businesses can’t survive multiple ‘shadow lockdowns’ without a national support plan | An empty street in Sydney. Source: Unsplash/Luke White.
The “shadow lockdown” accompanying the Omicron outbreak should have come as no surprise to Australia’s policy makers. But the type of government support that helped so many individuals... |
| 07.02.2022 | Crypto Theft Is On The Rise. Here’s How The Crimes Are Committed, And How You Can Protect Yourself | crypto. Shutterstock |
| 07.02.2022 | Crypto Theft Is On The Rise. Here’s How The Crimes Are Committed, And How You Can Protect Yourself | crypto. Shutterstock
News emerged overnight of the potential theft of more than US$326 million (A$457.7 million) of Ethereum tokens from a blockchain bridge (which connects two blockchains so cryptocurrency can be exchanged between them).
I... |
| 19.01.2022 | Pay On-Time Survey - Performance Report 2021 | Date
19 January 2022
ISBN
978-1-925832-41-9
Author
Treasury
Topic
Business and industry
Publication type
Payments to small business
Copyright
2022 Downloads
Performance Report1.68 MB
Performance Report1.54 MB
This report assesses the perfor... |
| 13.12.2021 | Treasurer announces the SME Recovery Loan Scheme extended for small business owners | The treasurer Josh Frydenberg has announced an extension of the SME Recovery Loan Scheme which was due to wrap up at the end of 2021.
Around 80,000 loans worth approximately $7.3 billion have been written to date since the scheme commenced ... |
| 09.12.2021 | Gov flags cryptocurrency regulations for Australia | Australia is set to make changes to the regulation of cryptocurrency, creating stronger protections for investors and greater obligations on exchanges and related businesses.
In a strategy [pdf] released yesterday, Treasurer Josh Frydenberg... |
| 06.12.2021 | Treasury unveils draft legislation for depreciation of intangible assets | Department of Treasury in Canberra. Source: AAP/Lukas Coch.
Treasury has released a draft bill and opened consultation for new rules allowing for depreciation in taxing intangible assets — a change that has been hailed as a win for startups... |
| 26.11.2021 | Weekly Wrap #76: Levelling up; Dropping bombs | Welcome to our Weekly Wrap, where we cut through the noise to bring you our favourite insights from the technology and startup world.
If you love the Weekly Wrap, please spread the word and help it grow:
Forward this to friends/colleagues b... |
| 24.11.2021 | Everything you need to know about employee share scheme changes | Treasurer Josh Frydenberg. Source: AAP Image/Dean Lewins
An overhaul to employee share scheme legislation is expected to be tabled in parliament this week, making it easier for startups to offer equity to staff members and reducing the tax ... |
| 22.11.2021 | APRA Deputy Chair Helen Rowell - Speech to the Australian Financial Review Super and Wealth Summit | Hatching a plan for better post-retirement outcomes
Good morning, and thank you for inviting me to address you today.
When you've spent as much time around superannuation as I have, you get to see a lot of images of eggs. Usually in nests. ... |
| 27.10.2021 | Opening statement to the Economics Legislation Committee | Date
27 October 2021
Presenter
Dr Steven Kennedy PSM
Position
Secretary to the Treasury
Over the past few months, we have seen the world adjusting to living with the Delta strain of COVID.
The emerging story is similar across many countries... |
| 22.10.2021 | A “looming war” for low-skilled workers: Why Australia needs to rethink its migration system | Source: Shutterstock/branislavpudar.
Australia has been built on immigration. In recent years it has been skilled migration, and that will continue to be important to us, especially as we recover from the COVID-19 economic malaise.
Skilled ... |
| 12.10.2021 | Treasury defends JobKeeper as $13 billion went to companies that were not eligible | Treasury has defended a decision not to claw back $27 billion worth of JobKeeper payments to businesses that maintained or increased sales, arguing it would have “muted the recovery” from the COVID-19 crisis.
The government published a revi... |
| 01.10.2021 | Changes to the government’s SME loan scheme kick in today. Here’s what SMEs need to know | Source: Unsplash/Adam Winger.
More SMEs are now eligible to apply for business loans under the federal government’s SME Recovery Loan scheme, but with only three months remaining before the scheme is closed, one independent banking expert s... |
| 24.09.2021 | Australia’s banks use $188 billion from the RBA to fund share buybacks | Australian Treasurer Josh Frydenberg and Australian Finance Minister Simon Birmingham. Source: AAP Image/Lukas Coch.
Much has been written about the taxpayer-funded windfalls to some companies provided by the $90 billion JobKeeper scheme. T... |
| 13.09.2021 | Offshore JobKeeper: Why did a minimum of $110 million go to foreign shareholders? | Treasurer Josh Frydenberg and Prime Minister Scott Morrison. Source: AAP/Mick Tsikas.
Back during the global financial crisis, when the Rudd government decided to rush out $900 stimulus cheques using the tax system to do it quickly, it copp... |
| 13.09.2021 | The Greens’ super-profit tax idea may not be the winner that it seems to be | Greens politician Adam Bandt. Source: AAP Image/Penny Stephens.
Earlier this year, the Australian Greens proposed a wealth tax on billionaires straight out of the (former US presidential candidate) Elizabeth Warren playbook.
Last week it ad... |
