Tag: Economy

The financial services industry has well and truly shrugged off the global financial crisis, with employer confidence at its highest level in close to a decade.

Global economic growth is returning after the GFC, but full recovery will not occur until December 2010, according to the latest edition of the bi-annual Regus BusinessTracker survey.

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.

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.

Business travellers on long haul flights are demanding the option of lie-down seats in Economy class, and don’t mind paying extra for the privilege.

New South Wales has come in dead last in a new report by CommSec measuring the economic activity state by state across Australia.

Figures out from ANZ show the Australian economy showing a strong post-GFC recovery with job ads surging almost 21 percent since January.

Treasurer Wayne Swan has warned against expectations of a budget surplus despite the global recession economic recovery as tax receipts continue to be depressed.

Australian executives are confident of a strong finish to the 2010 financial year, with expectations at their highest level in seven years according to Dun & Bradstreet.

Australian retail sales remained relatively flat over the month of February, according to the latest Commonwealth Bank Business Sales Indicator (BSI).