Business News

Australians are losing more of their income to tax than in decades, new report shows

Written by Roger Wilkins, Professorial Fellow and Co-Director, HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Australians are now paying the highest average rate of income tax in more than two decades, raising concerns too much of the tax burden may be falling on Australian workers in their prime.

That’s according to the latest annual report from the Household, Income and Labour Dynamics in Australia (HILDA) survey, released today. I...

Aurecon bolsters South Australian leadership to support major infrastructure growth
Asia Pacific design, engineering and advisory company Aurecon is reinforcing its investment into South Australia by annou…
Worried about your job? You’re not alone. But there are proven ways to ease job insecurity
Victoria Aleksandrova/Unsplash, CC BYUnemployment in Australia is currently at 4.3% – below average for the past centur…
In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation
Crafting a federal budget is never easy. Tonight’s budget is harder than most. The government faces irreconcilable pres…
Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?
Fadel Senna /AFP via Getty ImagesAfter weeks of blockades by Iran and the United States in the Strait of Hormuz, it’s c…
Family and business trusts could soon have to pay more tax – with a few likely exceptions
Should some of Australia’s more than 1 million family and small business trusts face higher taxes in future, bringing t…
After dumping Inland Rail, Australia has no plan to stop relying on diesel trucks for freight
Double stacked cargo freight trains like this were planned for the Inland Rail -- until its northern half from central NSW to…

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…

NEW SOUTH WALES ABORIGINAL LAND COUNCIL LODGE COMPLAINT WITH THE AUSTRALIAN HUMAN RIGHTS COMMISSION ON CROWN LANDS BILL
The New South Wales Aboriginal Land Council (NSWALC) has formally lodged a complaint with the Australian Human Rights Commission (AHRC) regarding the Crown Land Management Amendment (Statutory Review) Bill 2026…

PawsEco: The first ever virtual marketplace for pet store owners
Pet industry expert, Rio Afero, launches the first virtual e-commerce platform designed to support pet store expansion, as pet-ownership soars in Australia to over 61% The COVID-19 pandemic has had a…
Toxic work cultures start with incivility and mediocre leadership. What can you do about it?
ShutterstockYou’re in a meeting, with something important to say. Just as you begin, a colleague sighs and shares an eye-roll with their buddy. And not for the first time.Workplaces aren’t…
The new banking code looks impressive, but what will it achieve?
The Banking Association says "in and of itself" the code it won't restore trust.ShutterstockOn July 1, the banking industry got yet another code of conduct – its fifth since 1993…

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...

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

Superannuation fund Brighter Super is encouraging business owners to prepare now for Payday Super, ahead of the new laws taking effect from 1 July...

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

PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

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

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

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

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

Australians are losing more of their income to tax than in decades, new report shows

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

PawsEco: The first ever virtual marketplace for pet store owners

Toxic work cultures start with incivility and mediocre leadership. What can you do about it?

The new banking code looks impressive, but what will it achieve?

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