Businesses have so far proved resilient to turbulent economic conditions domestically and overseas but next year is not looking so rosy.In the final chapters of 2022, the 300 basis point lift in the c …
Australia will pour billions of dollars into quantum technology, robotics and clean energy generation and storage in a push to boost the local manufacturing industry.Industry and Science Minister Ed H …
Peak business groups have hailed the Albanese government’s first budget as careful and cautious, but warn hard work lies ahead to shore up the economy.Business Council chief Jennifer Westacott said th …
Workers will wait two more years for a lift in real wages after the Albanese government’s first budget warned inflation would outstrip pay growth until 2024/25.Treasury predictions in Tuesday’s 2022/2 …
Are you covered for problems with your business renovations?
You’re in the middle of renovating your business premises when you discover the waterproofing in the bathroom is faulty.You can only fix it by removing the tiles, which means breaking them, so you nee …
Government finances are in better shape than expected despite massive spending during the pandemic to support households and businesses.Treasurer Jim Chalmers and Finance Minister Katy Gallagher hande …
Critical considerations before setting up a board of directors
There are a couple of reasons you’d find it necessary to set up a board of directors in Australia.If yours is a publicly held company, regulators would require you to have a board of directors. Also, …
Key considerations before getting a commercial loan for business expansion
Commercial loans in Australia can be used for a variety of purposes, including buying commercial property or additional equipment, renovating your space, and hiring more employees.If your company is p …
Retail sales jumped higher than expected in July, showing that consumers are still spending despite cost-of-living pressures.Sales rose 1.3 per cent in July, which was sharply higher than the 0.3 to 0 …
More than two months since the end of the financial year Australian women have just caught up to men when it comes to their annual pay.Businesses are being encouraged to step up and address inequaliti …
Westpac plans to offer refinancers a simpler digital mortgage process where some customers could gain unconditional approval in as little as 10 minutes.The digital mortgage process will be rolled out …
Consumers took the first interest rate rise in more than a decade in their stride with spending reaching a record high in May, but economists expect further hikes and high inflation will eventually ta …