Business News

that's how we tax income from savings

Written by Robert Breunig, Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University

Shutterstock

We’re told Australia has a progressive tax system – the more you earn, the higher the rate.

And that’s certainly the case for earnings from wages. An Australian on A$35,000 sacrifices 21 cents out of each extra dollar they earn whereas an Australian on $90,000 sacrifices 39 cents.

That’s how it’s meant to be...

How Proper Training Leads to Increased Profits
In today's competitive business environment, the significance of proper training cannot be overstated. Companies that focus…
Ever wanted to ditch the 9-to-5 and teach snowsports? We followed people who did it for 10 years
Konstantin Shishkin/ShutterstockWorkplace burnout – a state of emotional, physical, and mental exhaustion – and t…
Smart Tips to Grow Your Business Fast with Business Coach
Growing a business takes more than just long hours and a good product. Businesses need a clear direction and someone who ca…
New taxes on super didn’t get much attention in the election campaign. But they could be tricky to implement
Poetra.RH/ShutterstockThe re-election of the Albanese government has led to renewed concern about planned changes to the taxa…
How to Choose the Right Used Forklift for Your Business
Forklifts are essential tools in industries ranging from warehousing and logistics to construction and manufacturing. They …
Labor says its second term will be about productivity reform. These ideas could help shift the dial
Summit Art Creations/ShutterstockIn his victory speech, Prime Minister Anthony Albanese highlighted social policy as a major …

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…

How Sydney Drone Photography Transforms the Way Properties Are Marketed
Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real estate agents to highlight property features, surrounding amenities, and…

What Are Crypto Exchange Tokens?
Cryptocurrency exchanges are becoming more and more popular, as the value of Bitcoin and other cryptocurrencies continues to rise. As demand for these exchanges increases, so does the need for…
Regional journalism is dying: advertising subsidies won't help
ShutterstockAustralia’s regional news outlets are dying a not-so-slow death, and COVID-19 has accelerated their decline. Over the past two years more than a hundred of the 435 regional and community…
Senior hire at Deepend to build UX bench strength
Award-winning full service digital agency, Deepend, is building its senior bench-strength with the appointment of Glen Jeffreys to the position of Head of User Experience. Tasked with driving continued excellence…

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...