Business News

No longer a temporary COVID measure, the government's super changes will most help wealthy tax dodgers

Written by Kevin Davis, Emeritus Professor of Finance, The University of Melbourne

hidesy/Shutterstock

On May 29, the government announced by way of media release the extension of an emergency COVID measure.

The temporary halving of minimum drawdown rates for retirement superannuation accounts — introduced in March 2020 while the Australian stock market was in freefall — would continue for another year.

The explanation...

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Pre-Budget Expectations

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“Time is running out to get Payday ready,” Brighter Super urges

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PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

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BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

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No longer a temporary COVID measure, the government's super changes will most help wealthy tax dodgers

Aurecon bolsters South Australian leadership to support major infrastructure growth

Worried about your job? You’re not alone. But there are proven ways to ease job insecurity

In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation

Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?

Family and business trusts could soon have to pay more tax – with a few likely exceptions

After dumping Inland Rail, Australia has no plan to stop relying on diesel trucks for freight

Traditions of Rural Bali at Villa Sabana

NEW SOUTH WALES ABORIGINAL LAND COUNCIL LODGE COMPLAINT WITH THE AUSTRALIAN HUMAN RIGHTS COMMISSION ON CROWN LANDS BILL

If you’re pregnant, do you have to tell your boss? And what are the rules for employers?

Why it’s time telcos rethink location and put customer experience first

Does CBD Help With Anxiety?

Pre-Budget Expectations

“Time is running out to get Payday ready,” Brighter Super urges

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers