Treasurer Jim Chalmers has defended the Albanese Government’s decision to make changes to its proposed Capital Gains Tax (CGT) reforms following strong criticism from the…
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Category: Business
RBA cuts rates, but nine words leave borrowers feeling uneasy
RBA holds interest rates steady, but mortgage holders face ongoing uncertainty Australia’s central bank has left interest rates unchanged, offering temporary relief to millions of…
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Australian share market falls: Mining stocks drag ASX200 to three-week low in sharp decline
Australian shares fall sharply as Middle East tensions and global market jitters weigh on investors. The Australian share market fell sharply in early trading on…
View More Australian share market falls: Mining stocks drag ASX200 to three-week low in sharp decline
Game-Changing Reform: India opens equity and bond markets for foreign investors with zero tax on profits
India has unveiled a wide-ranging set of capital market reforms aimed at attracting more long-term foreign investment and strengthening its government bond and equity markets.…
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Record surge: India’s tyre exports cross AUD 50 billion, powered by Australia free trade agreement
India’s tyre exports have reached a record level of around AUD $50 billion (₹27,312 crore / US$3.09 billion) in FY26, marking a 9% increase compared…
View More Record surge: India’s tyre exports cross AUD 50 billion, powered by Australia free trade agreement
Is Australia heading for a recession? RBA weighs in with a warning sign
The Reserve Bank of Australia (RBA) has eased fears of a recession, stating that the economy is still expected to grow even if global oil…
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Report uncovers widespread misconduct within the ATO
Australia’s tax authority is facing intense scrutiny after an independent investigation uncovered evidence of maladministration, including the shocking case of a deceased taxpayer being pursued…
View More Report uncovers widespread misconduct within the ATO
Major online retailers caught selling illegal toys despite 14-year ban
Parents across Australia are being urged to inspect their homes for potentially dangerous magnetic toys after the Australian Competition and Consumer Commission (ACCC) uncovered banned…
View More Major online retailers caught selling illegal toys despite 14-year ban
Victoria unveils major cost-of-living package with rego cuts and cheaper public transport
Victorian motorists and public transport users will receive significant cost-of-living relief from June 1, as the state government introduces a 20 per cent vehicle registration…
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Major Australian retailer offshores hundreds of IT jobs to India to reduce costs
Officeworks is set to relocate hundreds of customer service and technology roles overseas as part of a major business transformation strategy aimed at cutting costs…
View More Major Australian retailer offshores hundreds of IT jobs to India to reduce costs