News

Tony Abbott’s Liberal Party is in an election winning position, with Newspoll showing the Liberal/National Coalition leading Labor 51 to 49 percent on a two party preferred basis.

The lowest paid workers will lose out under the Henry Review superannuation changes, with employers forced to cut wages to pay the increased superannuation rate.

As the World Trade Organization (WTO) forecasts a global trade growth of 9.5 % in 2010 and company-internal year-to-date volume statistics suggest a positive development on many trade lanes, DHL Express announces an expansion of its import services worldwide.

The Federal Government should bite the bullet on one of the key recommendations in the Henry Review and allow pre-filled income tax returns for most Australians, the Taxation Institute said today.

Small business is expected to cop a $26.6 billion increase in costs as a result of the Henry Tax Review due to increases in the compulsory superannuation rate.

Telstra have today announced a revision to their consumer mobile post-paid data packs, lowering prices across the board and introducing more options on the back of the success of the HTC Desire mobile phone.

I am one of those people who finds it a little hard to wind down. I’m a pretty driven person – a lot of us in business are. But you COULD say I’ve been known to be more tightly coiled than the springs under John Candy’s bed. I know it’s a bad visual, but I needed to make a point.

Last time round I discussed the strange and unfavourable interest rates for business savings accounts, after discovering that they’re roughly 1% below personal savings accounts on average. But when it comes to different conditions for business savers, that’s just the beginning.

The Henry Tax Review changes will address the ‘two speed economy’ with mining increasingly leaving behind small business and NSW and Victoria being met with an ‘unfair’ interest rate burden.

The Federal Government is being called on to provide a guarantee to Australia’s 1.9million business owners that their administrative burden will not increase as a result of the Henry Review.

The Federal Government’s policy prescriptions as a result of the Henry Tax Review show “No commitment to serious tax reform” concludes Tax Counsel for the Institute of Chartered Accountants, Yasser El-Ansary.

HTC and Telstra have released a fix to address the issues with the poor GPS reception users have been reporting with the HTC Desire mobile phones.

Manufacturing has recorded growth not seen since May 2002, with the sector bolstered by demand in the construction, mining and infrastructure sectors.

NAB and MLC have come out in support of the Henry Tax Review superannuation reforms taking compulsory superannuation from 9 up to 12 percent from 2012.

The Henry Tax Review, including the Government’s response, has not gained an enthusiastic response from accountants.

Twitter has released an official client for Google Android mobile phones, after doing similar for the iPhone last month.

Big miners are the losers and small explorers are the winners from the Federal Government’s response to the Henry Taxation Review.

Federal Government changes to superannuation in response to the Henry Review will increase will harm small business says accounting firm BDO and COSBOA.

The Henry Tax Review signals big returns for small businesses, with cuts to company tax and long overdue changes to depreciation write off thresholds.

The Henry Tax Review’s ‘Super Profit Tax’ on mining has put up to $100 billion worth of projects in jeopardy the Queensland Resource Council (QRC) says.