Business

Irrespective of your personal income tax rate, a super fund deducts at least the 15 per cent contributions tax when the payment is a concessional contribution.

Why you can skip super top-ups if you earn this much

New income tax rates that take effect in six weeks mean it’s time for many superannuation members to revisit their voluntary contribution levels, or risk wasting up to $3400 in unnecessary tax.

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If you’re involved in a family trust, special tax concessions announced by Treasurer Jim Chalmers last week mean now might be the time to rearrange your affairs.

How Chalmers’ Budget changes affect your family trust

If you’re involved in a family trust, special tax concessions announced by Treasurer Jim Chalmers last week mean now might be the time to rearrange your affairs.

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Fuel excise relief appreciated by Australian motorists may not end on June 30. (Joel Carrett/AAP PHOTOS)

Finger to the wind on extending fuel excise discount

Both the government and opposition are non-committal on whether Australians should continue to receive a petrol tax discount.

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Chris Bowen

Mixed messages on Chris Bowen’s half-baked gas plan

BEN HARVEY: How will the gas reservation scheme work? No one seems to know.

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Indonesia AirAsia has axed flights from Melbourne and Adelaide to Bali.

Major airline axes Aussie flights to Bali over jet fuel costs

A budget airline has axed two major Australian routes to Bali, citing the surging price of fuel.

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Treasurer Jim Chalmers is being accused of introducing a death tax by stealth with Budget proposals on family trusts and investment properties.

How Labor is introducing a death tax by stealth

Treasurer Jim Chalmers is being accused of introducing a death tax by stealth with Budget proposals on family trusts and investment properties.

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Australians are reminded to check if they have lost or unclaimed money, with approximately $2.7 billion waiting to be reunited with its rightful owners.
CBA’s record sell-off has raised a bigger question for investors: if Australia’s largest stocks start to wobble, how much strain Australia’s top stocks take? sergeitokmakov

What CBA’s stock plunge means to your shares

CBA’s record sell-off has raised a bigger question for investors: if Australia’s largest stocks start to wobble, how much strain Australia’s top stocks take?

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The largest supply shock in petroleum history is getting larger fast. 

Oil market floating in eye of storm but prices may soon rise

THE ECONOMIST: The largest supply shock in petroleum history is getting larger fast. 

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Analysts warn a landmark ruling against Coles could have unintended consequences for consumers.

Shoppers could pay more after Coles misconduct ruling

Supermarket prices could stay higher for longer following a ruling that Coles misled its customers with non-genuine discounts, according to one retail expert.

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More Australian shoppers are considering home brand products.

Why own brand supermarket products booming in popularity

Home brand products are ‘closing the trust gap’ in the supermarket aisle.

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Boost Juice Founder Janine Allis.

‘Unfair’: Top Aussie entrepreneur slams Albo’s CGT backflip

One of Australia’s most successful entrepreneurs has slammed Labor’s budget and said they would never have started a global empire under the new capital gains tax rules.

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Sukhinder Singh Cassidy is the CEO of Xero.

Software company feeds the artificial teeth that bit it

Xero is trying to claw its way out of the software stock wreckage by leaning into the very force that helped put it there: artificial intelligence.

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Opposition leader Angus Taylor has pledged to end the bracket creep.

Angus Taylor’s bold pledge to ‘end the inflation tax’

In his first formal Budget reply Opposition Leader Angus Taylor will detail the bold and expensive pledge as One Nation claims credit for coalition’s policy of cutting welfare for migrants.

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In September 2024, the Australian Competition and Consumer Commission launched separate, but similar, proceedings against Coles and Woolworths, claiming both supermarkets jacked up prices on everyday items before offering discounts at prices higher or equal to the original shelf life.

Coles loses sham discounts fight, shoppers to pay the price

Shoppers can expect higher prices for longer at the supermarket, experts say, after the Federal Court found Coles misled consumers with sham discounts in a landmark win for the consumer watchdog.

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