Business News

The government could be boosting the budget bottom line with a change to how it taxes gas

Written by Diane Kraal, Senior Lecturer, Business Law and Taxation Dept, Monash Business School, Monash University

Resources usually give the budget a healthy boost in economic boom times but the government could be reaping more revenue if it changed the way it taxes gas projects, my new modelling shows.

A small change in the method for valuing gas would increase revenue from the petroleum resource rent tax by US$15.5 billion to 2030, compared to the current...

The Cost-Benefit Analysis of Chiropractic Care for Australian Small Businesses
Running a small business in Australia comes with many challenges. Between managing staff, meeting customer expectations, an…
Regulatory Earthquake: Why UK's Joint and Several Liability Reforms Are Now a Strategic Imperative for Every Global HR Director
The UK's temporary labor market is on the cusp of a seismic transformation, one that will fundamentally redefine your role …
The RBA has cut rates for the third time this year. More relief may be on the way
The Reserve Bank of Australia lowered the official interest rate by 25 basis points to 3.60% at its meeting today, marking th…
AI is peeling back the layers of ‘low-value’ work – NZ may be well placed to adapt
Malte MuellerGetty ImagesAs generative artificial intelligence (AI) advances at breakneck speed, it is upending assumptions a…
No one holds the government to account on spending. We need a budget watchdog that can bite
Treasurer Jim Chalmers has made budget sustainability one of the key pillars of the reform roundtable to be held next week.Co…
Australian workers are likely to change occupations twice in the next 20 years. How do we help them do this?
Over the next two decades, the average Australian worker is likely to change occupations at least twice. Rapid technological …

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Restoring Australia’s Past: Timeless Materials & Techniques in Heritage Conservation
Heritage restoration balances the need for maintaining historical authenticity and structural integrity for generations to come. Heritage work differs from modern construction, as it calls for specialized knowledge of traditional…

Nexia SupaCare
Nexia Melbourne is one of the most respected accounting firms in Victoria and is part of the wider Nexia Australia and New Zealand group, supported by global links to Nexia…
Demand for Back Office Support, Digital Content Creators and eCommerce Experts are on the Rise
Fiverr’s 8th Business Trends Index reveals that Australian businesses are looking for ways to streamline their back office and are also investing in their web strategy to pursue new growth…
From Ancient Times to Modern Construction: The Evolution of Engraved Bricks
Bricks, the building blocks of civilizations, have played a pivotal role in developing human settlements for thousands of years. While initially utilitarian, their significance expanded to encompass structural and aesthetic…

Carma appoints Owen Wilson as Chair of the Board

Carma’s next phase of growth to be guided by REA Group’s outgoing CEO who oversaw realestate.com.au rise to be Australia's #1 place for property ...

Digital Upgrade to Boost Efficiency Across Tasmanian Ports

TasPorts is undertaking a multimillion-dollar digital transformation that will improve efficiency, and enable smarter, more sustainable operations a...

Simplifying ecommerce integrations: How to streamline your setup without the stress

In today’s fast-moving retail world, having an ecommerce presence isn’t optional. Platforms like Shopify, WooCommerce, and Squarespace have lowered...

Shop Small Returns to Back the Small Businesses Supporting Local Communities

The annual Shop Small movement by American Express is returning for its 13th year in Australia to galvanise support for the country’s vibrant smal...

Introducing Commerce, the New Parent Brand of BigCommerce, Feedonomics and Makeswift, Powering an AI-Driven Future

Commerce’s open, intelligent ecosystem connects the tools and systems that drive growth and empower businesses to unlock data potential and deliver ...

How better billing can boost performance and profits in uncertain times

Optimising your revenue management function will help you put your business on stronger footing. The fact that economic conditions are tricky i...