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Australia's savings rate is low, and getting lower. Whether they know it or not, many households are becoming financially stretched, but with a taste for the high life - and historically low interest rates - there seems to be little incentive to save.
Despite warnings about Bitcoin’s market volatility and unregulated nature – with detractors such as Warren Buffett dubbing the cryptocurrency “the latest economic bubble” – cryptocurrencies have captured investors’ imaginations.
You won’t find them in Treasurer Scott Morrison's budget night speech, but there are plenty of smaller, and possibly unusual, items of interest in the Budget 2018 papers.
Accountants and the tax profession will find plenty of measures in the fine print of the 2018 Federal Budget papers that will affect individuals and business clients.
A budget to strengthen the economy, create jobs and guarantee essential services while ensuring the Australian Government lives within its means was the promise of tonight’s Federal Budget.
Governments are seeking new ways to tax motorists as the rise of electric cars threatens fuel excise revenues.
The 2018-19 Victorian Budget focuses on using strong revenue growth from the state receiving a larger GST share and a robust property sector to fund new infrastructure spending.
How will Melbourne Metro Rail Authority's Wayne Reaburn FCPA keep the multibillion-dollar, decade-long Metro Tunnel rail project on track and away from controversy? He knows from experience that paying close attention to detail is a great place to start.
Despite economic growth, low inflation and a tightening job market, global interest rates remain stubbornly low and show no sign of increasing significantly anytime soon.
As tempting as it is, loaning money to family and friends is fraught with danger. The interest rate may be low, but emotional costs can be high. Getting the right documentation in place is the best protection.
The message to finance players, big and small, is clear - disrupt yourself or be disrupted. We look at how smart companies in the Asia-Pacific are changing the ways they think and work, whether it's transforming digital finance, cybersecurity or fintechs.
Australia's universities educate workers of the future and conduct research that informs and improves lives every day. They hope getting the community on side will support their case for better government funding.
Will the UK’s prolonged divorce from the European Union be an opportunity to restore the country to global eminence by reinvigorating the Commonwealth as a trading network?
When it comes to money, humans are not rational creatures. Behavioural economics uses subtle prods to shift our bad habits.
Semi-autonomous vehicles are predicted to arrive in Australia by 2020. Fully autonomous cars are expected in 2025, according to the Future of Car Ownership report by the NRMA. Driverless cars may improve road safety and enhance the mobility of older people, but they also present significant issues around data privacy. What do the experts think?
As cryptocurrencies continue to lure investors and make them fortunes – or not – authorities around the globe are assessing how to treat altcoins for tax purposes. One clear consensus is emerging: if you spend or invest in them, it is crucial to understand how such transactions are treated for tax purposes.
What role can accountants play during Australia’s huge A$195 billion defence spend, amid demands for innovation, transparency and a nation’s security?
With 1.3 million Chinese tourists already heading Down Under annually, here’s how Australian operators plan to remain China’s flavour of the month.