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).
Australia’s productivity gap is greater now than a year ago, finds new research sponsored by Telstra. According to Telstra, the most alarming figure of the report is what it calls the productivity gap: that difference between the number of organisations that have identified productivity as a priority (76 percent this year and 78 percent last […]
Australia’s economy is predicted to continue on its upswing over the coming years, leading to a boom later this decade. With the BIS Shrapnel Long Term Forecasts update reporting Australia is in the recovery phase after what has been a relatively modest downturn. Unfortunately though, as a result of this renewed growth phase, interest rates […]
