Proposal to scrap tax deductions for work clothes
About 500,000 taxpayers who claim tax deductions for non-compulsory work uniforms could be denied the benefit under a new proposal.
The Economy
How to get wages bang for the tax cut buck
Well that's one way to deal with the problem of bracket creep – don't have a wages increase.
End the age of entitlement - for seniors
Australia's tax system has become skewed towards a growing and apparently untouchable group of 'taxed nots' - they are older Australians who pay roughly $1 billion per year less tax than younger Australians in the same circumstances, according to a new Grattan Institute report.
$24 billion budget blowout. Government to confirm the worst on December 19
Much lower than expected wage growth has knocked a hole in the government's budget projections, blowing out deficits right through until 2019-20.
Why just about everyone's happy when bond yields soar
Bond yields are climbing because of a feeling things are about to get better.
How little Oz rolls with the economic punches
How has poor little Oz managed to keep our economy growing continuously for 25 years while, in the same period, other economies have suffered a recession or even two? We've had good insurance policies.
Sydney's biggest win since the Olympics
NSW growth rate "historic"
Whyalla wipeout: Who's paying to mop up?
Quite simply, the business case has not added up for the Arrium steelworks, even with bits and pieces of protectionism
Next stop on the ATO's cash economy hit list: tradies
The building and construction industry will be the next main target of the tax man's attempts to claw-back revenue lost due to the illegal cash economy.
Huge mistake not to embrace wisdom of older people
The vigour of youth can so easily become destructive aggression without the tempering of the wisdom of elders.
Cutting company taxes boosts wages? That's hilarious
Treasurer Scott Morrison and the Business Council of Australia have wasted no time in grabbing Donald Trump's election as a justification for cutting Australian corporate tax rates.
Millions lost via dodgy trusts: ATO
Just a handful of dodgy tax structures being used by Australians cost tens of millions of dollars in lost revenue, according to the Tax Office.
Job surge tempered by lack of full time work
A big jump in job creation masks a concerning trend in underemployment say economists.
Sydney gets richer as it gets bigger. But there's a catch
As Sydney gets bigger and more densely populated it is also gets much richer. But there's a catch – new research shows a disproportionate share of the wealth is going to top income earners as Australia's major cities grow and that is breeding greater inequality.
Wage growth plumbs new depths as workers endure record wait for pay rises
f you think it's a long time since you got your last pay rise, you are right. The Bureau of Statistics says over the past four years the average wait has climbed from 12 months to 14 months – the longest on record.
There is a way to stamp out sexist culture
For every corporate gender diversity policy, for every well-intentioned plan aimed at stamping out sexual harassment and bullying, there is a man on whom the message is lost.
Wages grow at slowest pace on record: ABS
If you're frustrated that you haven't had a payrise in years, you're not alone, the latest wage growth figures suggest.
Trump's program is dangerous, says Reserve Bank chief Philip Lowe
Reserve Bank governor Philip Lowe has labelled US President-elect Donald Trump's trade policy "dangerous" and probably his biggest concern.
Why some jobs are more satisfying than others
How about we take a short break from worrying about the new job Donald Trump has lined up for himself and think about our own jobs.
Reward 'disruptors' to achieve investment and growth
Australia must be prepared to undergo hard structural reforms.
Spend more on infrastructure to avoid 'new mediocre', IMF tells Coalition
The International Monetary Fund has taken aim at the first Turnbull budget for winding back spending too quickly, especially in the coming financial year when, it says, the budget will rip $20 billion out of the economy,
Australian economy resilient, more government spending needed: IMF
The federal government should consider slowing its path to budget balance and instead spend more on growth-friendly infrastructure projects, IMF staff said in their annual check-up on the economy.
RBA grapples with uncertain job market, accelerating housing
The RBA is struggling to gauge the strength of the labour market and its implications for inflation while house prices on the east coast accelerate.
Why it pays to be a man in your 70s in Australia
If you want to run a top-listed company in Australia, it pays to be a man in your 70s.
David Jones owner downbeat on Australian economy
South African retail giant Woolworths plans more 'trans-seasonal' clothing to cope with unpredictable weather in the southern hemisphere.
Trans-Pacific Partnership dead, before Trump even takes office
Eight years in the making, the giant Trans-Pacific Partnership trade deal between Australia, the US and ten other regional powers is as good as dead after the Obama administration walked away from its plan to put it before the "lame duck" of Congress ahead of Donald Trump's inauguration as president.
Reagan guru says Trump will usher in new boom era
DONALD TRUMP'S plan for sweeping tax cuts and deregulation will spur a US economic boom that could "last for generations" if the president-elect resists a lurch towards protectionism
Illegal 'cash-in-hand' payments on the rise
More than 5500 workers dob in their bosses to the Australian Taxation Office every year for allegedly paying them "cash in hand".
Regulators warn on volatility, deregulation under Trump
APRA chairman Wayne Byres says markets will continue to bounce around throughout the Trump presidency because of inconsistent policy statements.
Is Donald Trump going to burst Australia's housing bubble?
The caveat has go up front: given his propensity for lying, exaggerating and generally raving, nobody can know what Donald Trump will actually do as president. He probably doesn't know himself.
Small Business
Best way to minimise the income tax on your sale
I am 49 years old and I've had an unexpected offer on my business.
Secrets from Australia's top innovators
Find out how they get that special sauce in the business DNA.