A group of crossbench parliamentarians have revived the idea of increasing the rate of the goods and services tax from 10% or removing exemptions on food, education and health purchases.

Asked to find an extra A$20 billion per year to fund government priorities like building nuclear submarines and responding to climate change, Australia’s top economists overwhelmingly back land tax, increased resource taxes, an attack on negative gearing and extending the scope of the goods and services tax.

The NSW Government has promised to cut the cost of doing business by slashing red tape and committing to a target of one million small businesses by 2030.

A new one-stop-shop for hospitality businesses that will streamline application processes has been launched by the NSW Government.

Reducing the working week by one day is gathering steam in many places worldwide, but what are the benefits versus the challenges for employers exactly?

Business owners are being reminded that from 1 July 2022 there will be changes to super eligibility and increases to the super guarantee rate, national minimum wage, award minimum wage, company fees and business name fees.

Farmers and small-business owners are concerned after learning the Coalition government may not continue with an instant asset write-off after 2023.

After a strong surge in November with the lifting of lockdowns small business were feeling the pinch of lower consumer confidence in January as sales dropped.

Tax and business experts have raised concerns about statements made by Prime Minister Scott Morrison that rapid antigen tests (RATs) for COVID-19 are 'tax deductible'.

One third of small businesses in Australia will need around $45,000 to ensure they can take advantage of opportunities as business opens up in the lead up to Christmas.

A recently released study has found that only 18 per cent of all transactions in Australia are routable, in stark contrast to the banking industry’s claim that they have made least cost routing available to 90 per cent of Australian retailers.

Our lives are constantly changing, so it’s essential to reset and refresh your goals regularly. Now that EOFY is over, it’s the perfect time to take stock and reset both your personal business goals and your plans for the new financial year.

Jack Froude retires from accounting.