Djamila Lazri
April Rate Cut Unlikely as January Unemployment Hits 4.1%
The Australian unemployment rate held steady at 4.1% in January, aligning with market expectations. This data suggests the Reserve Bank of Australia is unlikely to implement a rate cut in…
Australia Bans Foreign Investors From Buying Established Homes to Curb Soaring Prices
Australia introduces a two-year ban on Foreign Investors purchasing existing homes. A bold move—but will it make housing more affordable?
PSA Rejects Call to Abolish Transport for NSW, Citing Job Losses and Worker Conditions
The PSA has rejected the RTBU’s call to abolish Transport for NSW, warning it would lead to job losses and worse conditions for workers. The dispute adds to ongoing transport…
Small Business Tax Policies in Limbo as Election Uncertainty Looms
Uncertainty grows for small businesses as key tax reforms, including the £20,000 write-off, remain unresolved amid political delays.
RBA Expected to Cut Interest Rates as Inflation Eases
Economists anticipate the RBA's first interest rate cut of 2025, potentially easing mortgage pressures as inflation trends downward.
AMP Bank Launches Numberless Debit Cards to Combat Fraud
Sean O'Malley, AMP Bank’s Group Executive, stated that the numberless debit cards are just one of many innovations the bank plans to introduce in the near future. The bank is…
Australia Seeks Exemption from US Tariff amid Growing Political Tensions
Australia pushes for a US tariff exemption on steel and aluminium as political tensions flare over diplomatic ties with Washington.
Michel’s Patisserie to Close All Stores Across Australia After Financial Struggles
Michel’s Patisserie is closing all its stores across Australia after more than two decades, as parent company Retail Food Group (RFG) shifts its strategy.
Surging Council Rates Acting as a Silent Mortgage on Homeownership
Millions of families on Universal Credit may be entitled to extra financial support. A little-known benefit could help cover childcare costs—are you missing out?
Australian Government Announces £573 Million Investment in Women’s Health
The Australian government is making a significant move to improve women’s health, with new subsidies set to ease financial barriers for essential treatments.
Australians Hit Record Credit Card Debt as Cost-of-Living Crisis Deepens
New data reveals a sharp rise in credit card debt across Australia, highlighting growing financial strain as more households struggle to keep up with repayments.
Business Investment Drops as Uncertainty Rises, Deloitte Report Finds
Business investment in Australia is facing a sharp decline as economic uncertainty and rising costs impact corporate decision-making, a Deloitte report reveals.
CPA Australia Urges ATO to Clarify Section 109U Application
CPA Australia urges the ATO to clarify section 109U, highlighting concerns over tax uncertainty for private companies and guarantee arrangements.
RBA: Business Tax Breaks Have Limited Impact on Investment
A new RBA study examines the effectiveness of business tax breaks, revealing insights into their impact on investment trends. The findings suggest varying outcomes depending on economic conditions.
Uncertain Future for South Australia’s $600M Hydrogen Plant Amid Financial and Political Tensions
The future of South Australia’s hydrogen plant is now uncertain as financial setbacks and political debates put the $600 million project at risk. Will it move forward or be abandoned?
Pensioner Living Costs Fall for the First Time Since 2020
New data reveals a rare shift in pensioner living costs, influenced by multiple economic factors. The long-term impact remains uncertain as key financial policies evolve.
Australians Losing Millions to Scammers as Telcos Issue Urgent Warning
Scammers are exploiting psychological tactics to manipulate victims into handing over their money within moments. With increasingly sophisticated schemes, Australians are facing unprecedented financial risks.
Senate Committee Approves Tax Incentives for Clean Energy Growth
Australia is set to introduce tax incentives for hydrogen production and critical minerals processing, aiming to attract investment and strengthen its role in the clean energy sector. The proposal has…
CA ANZ Urges Government to Scrap Superannuation Tax Concessions Policy
CA ANZ warns that the proposed superannuation tax changes could create significant financial and administrative burdens while generating minimal net revenue. The organization is calling for broader tax reforms to…
ACCI Questions Feasibility of Australia’s 82% Renewable Energy Target by 2030
Amid rising energy costs, Australia’s goal of achieving 82% renewable energy by 2030 is being scrutinized. Business leaders have raised concerns about the practicalities of this ambitious target.
Commonwealth Bank Predicts FOMO to Drive House Prices Up Despite Rate Cuts
While experts predict potential gains in the housing market, several key factors remain uncertain as 2023 unfolds. The true impact of these dynamics on property prices will become clearer in…
Australia’s Housing Shortfall: Struggling to Meet 2029 Target
Despite a modest recovery in December, Australia's housing sector continues to fall short of its ambitious goals. The current approval rate is insufficient to meet the 1.2 million new homes…
ATO Targets Thin Capitalisation in Justified Trust Reviews
The ATO's fiscal focus is expanding to include new areas of analysis, particularly the implementation of revised thin capitalisation and debt deduction rules. These adjustments form part of the ATO's…
Peter Dutton’s Spending Cuts Remain Unclear Before the Election
Peter Dutton promises to cut public spending and reshape Australia's energy future, but key details remain undisclosed until after the election.
Australia’s Property Market Faces Small Decline as Interest Rates Affect Prices
The Property Market experienced a modest decline in January 2025, amid changing economic conditions. Speculation continues over how future adjustments might affect the market in the coming months.
RBA at a Crossroads: Weighing the Pros and Cons of an Interest Rate Cut
The RBA faces a pivotal decision as inflation cools and economic growth slows. Will it cut rates in February, or wait for more data?
Jim Chalmers Declares Worst of Inflation Battle ‘Well and Truly Behind Us’
Australia’s inflation rate has fallen within the RBA’s target range, raising hopes for potential interest rate cuts. As the government touts economic progress, the political and financial implications remain significant.
ATO Warns Against Rising Online Tax Schemes Targeting Individuals
The ATO is cracking down on fraudulent tax schemes spreading online, warning that participants risk heavy penalties. Officials urge caution and professional advice before engaging in any tax arrangements.
CPA Australia Urges Government to Reconsider Tax Debt Measures
CPA Australia warns that removing tax debt interest deductions could increase financial pressure on small businesses. The organisation calls for targeted measures instead of a broad, punitive approach.
Australia’s Inflation Rate Drops to 3.2%, Raising Expectations for an RBA Rate Cut
Australia's Inflation Rate has hit a three-year low, sparking speculation about the RBA’s next move. Could this signal relief for households and mortgage holders?
Major Australian Retailers Push to Abolish Penalty Rates for Workers
Australian retailers have submitted a proposal to adjust employment conditions, prompting discussions on wages and workplace flexibility.
Urgent Call for RBA to Cut Interest Rates as Australian Economy Struggles
Rising interest rates, business closures, and a struggling job market are putting pressure on the RBA to act. Experts warn that without change, the private sector may face deeper challenges.
RACGP Urges Queensland Government to Pass GP Payroll Tax Exemption
The Queensland government is considering a payroll tax exemption for GPs, a move that could impact healthcare affordability and practice sustainability. Discussions are ongoing.
TPB Clarifies Breach Reporting Obligations for Tax Practitioners
Tax practitioners must ensure that any reported breaches are based on reasonable grounds, not hearsay or personal opinions. The Tax Practitioners Board (TPB) warns that false or vexatious claims could…
Travellers Outraged as Virgin Australia Axes 3 Flights per Week on Major Route
Virgin Australia has unexpectedly suspended a key flight route, raising concerns about regional connectivity. The decision comes during peak travel season, leaving many questioning its impact.
Federal Government Boosts Education Funding for Victoria and South Australia
Two Australian states have secured a groundbreaking education funding deal, setting a new benchmark for public school reforms, while others remain in talks.
Urgent Measles Alert Issued for Travelers at Australian Airports
Health officials have issued a warning after a measles case was linked to major Australian airports. Travelers are urged to monitor symptoms and verify vaccination status.
Aussie Voters Skeptical as Tax Cuts Aim to Reshape Economic Outlook
Recent changes to tax cuts promise relief for many Australians, but questions remain about their broader impact on the economy. Public sentiment continues to shape the conversation.
Tax Practitioners Receive Clear Guidance on Breach Reporting Obligations
Breach reporting rules for tax practitioners have been simplified, addressing confusion around timelines. The latest guidance sets clear expectations while reinforcing ethical accountability in the profession.
Labor’s Tax Cuts Reshape Financial Outcomes for Australians
Treasurer Jim Chalmers’ tax reforms aim to bring relief to millions of Australians while addressing key economic challenges. The full impact of these changes continues to spark nationwide debate.
Qantas Frequent Flyer Overhaul Sparks Concern over Increased Points and Limited Benefits
Qantas' decision to raise the number of points required for reward seats has stirred debate among travellers. While the airline introduces new partnerships, many question whether the changes will truly…
Iconic Australian Brand Rivers to Shut Down After Decades in Business
Rivers, a beloved Australian clothing and footwear brand, is closing its doors after decades of serving loyal customers. The shutdown marks the end of an era for the iconic retailer.
Staggering Reliance on Interest Rate Relief by Australian Households
Nearly three-quarters of Australian households are relying on an interest rate cut to manage rising mortgage costs. The Reserve Bank's upcoming decision could be crucial for financial relief.
52% Drop In Scam Losses Highlights Australia’s Fraud Prevention Success
Staffing shortages on Northern Rail have led to widespread cancellations, leaving passengers stranded and key routes disrupted. Efforts to mitigate the impact include replacement buses and flexible ticket options.
Australian Tax Office Urges Tax Professionals to Monitor All Inboxes
The Australian Tax Office (ATO) reminds tax professionals to monitor both practice and assigned inboxes to avoid missing critical communications and client updates.
Victoria Introduces Fuel Price Cap to Protect Motorists From Fluctuations
Victoria's innovative fuel price policy seeks to ease the burden on motorists by introducing 24-hour price locks and enhanced transparency through a state-backed app.
NDIS Employment Scheme Supports Hundreds of Thousands of Australians
The NDIS has reshaped Australia's workforce, providing critical support for people with disabilities while driving significant economic activity. Its rapid growth, however, raises pressing questions about long-term sustainability.
Wendy’s Faces Challenges Entering Australias Crowded Fast Food Market
Wendy’s is making a bold comeback in Australia’s fast-food market after 40 years. Facing stiff competition and operational challenges, the brand aims to win over local consumers with strategic growth…
Australia Post Scam Targets Facebook Marketplace Sellers With Fake QR Codes
Fraudulent schemes continue to evolve, targeting unsuspecting users through trusted platforms and brands. Scammers exploit vulnerabilities in online transactions, making vigilance essential.
Australian Government Targets Excessive Debit Card Surcharges
Lawmakers in Australia are advocating for the elimination of debit surcharges, citing unfair costs for consumers and businesses. With digital payments now dominating transactions, the push for reform aims to…
