Rising $A a threat to terms of trade
Australia's terms of trade are likely to have posted their first quarterly rise in three years, but a strong dollar will cap the rise.
Australia's terms of trade are likely to have posted their first quarterly rise in three years, but a strong dollar will cap the rise.
Murray Goulburn will look to add $10-15 million to its 2017 profit pool by slashing costs, after a disastrous year in which it slashed the price paid to farmers for milk.
Imagine a world where Australia produces little goods and services that may be taxed, and at the same time, loses out on billions of dollars of mining company revenue to China and India.
By 2025 Australians may well see the application of artificial intelligence in the preparation of tax returns, according to a report by KPMG.
Consumer confidence has hit a near-three year high, buoyed by good news from the jobs, stock and housing markets.
The casual observer of our reporting season at the half-way mark might think Australian business is very patchy indeed, if not seriously weak.
Senate powerbroker will move next week to upend the traditional contract between the treasurer and the governor of the Reserve Bank.
Everyone accepts the importance of innovation and agile thinking but, as with most professions, it doesn't come easy to economic practitioners.
If our business leaders thought more about people and less about profits, there would be less of a disconnect between what those in the community and the corporate world think.
An election-driven burst of part-time employment has pushed the unemployment rate down to 5.7 per cent, disguising a continuing slide in the number of Australians employed full-time.
Australia's major banks could stand to lose billions from being caught up in an international lawsuit – launched by two US hedge funds and a derivative trader – over alleged rate rigging.
The Federal Treasury says ordinary personal taxpayers are going to have to shoulder more of the tax burden as the proceeds from businesses become less certain.
As mostly sports-mad Mongolians cheer on the country's two medallists at the Rio Olympic Games, deepening economic troubles at home mean the new government cannot afford to pay its athletes.
OK, it's not entirely free, but it's a greatly reduced sentence for your deficit blowout, with the chance of a genuinely helpful parole system.
A surprisingly large number of new part-time jobs has pulled the unemployment rate down to 5.7 per cent.
Wage growth has slipped to a new record low, with private sector wages climbing just 1.98 per cent in the year to June, well below the rates of 3 per cent or more recorded from the end of the global financial crisis to 2013.
Western Australia can be likened to a prodigal nephew who has squandered his inheritance.
There are almost six million lost superannuation accounts with a value of $11.7 billion, new Australian Taxation Office figures show.
ACT workers in public and private sector earning about 2% more than a year earlier.
A month after putting the Turnbull government on notice, Moody's says it will maintain Australia's top-notch sovereign credit rating, despite predicting mounting public debt.
Many younger Australians will only ever be able to enter the Sydney housing market with the support of their parents the head of the Reserve Bank says.
Australia's central bank said inflation would remain low and the economy could grow faster, while house-price concerns had cooled, in explaining its decision to cut interest rates for the second time in four months.
The Reserve Bank cut its key interest rate to a record low of 1.5 per cent this month amid forecasts of fresh stimulus in other major economies.
Two companies that have already invested many billions of dollars in Australia's future have been told they can't be trusted.
The Australian Taxation Office says despite its repeated warnings, it's still been getting "dodgy" claims.
We're already back to a balanced recurrent budget. So why so much hand-wringing?
National and multi-national agribusinesses are planting more almond trees and raising demand for bees to pollinate their commercial orchards.
A combination of tougher laws and growing discontent about the lack of taxes multinationals pay, has made revenue agencies more willing to head to the courts.
Scott Morrison may have dodged the award for the government's dodgiest performance this week.
The ATO has sent warning letters to 136 multinationals which may be subject to tough penalties under the federal government's new anti avoidance laws.
Whole industries are developing around new, digital businesses.
I make jewellery on Etsy but I don't make much of a profit. How does this change my tax return?
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