1+ week, 15+ hour ago   (1639+ words) In May the ATO finalised Taxation Ruling TR 2026/1 and two compliance guidelines, PCG 2026/2 and PCG 2026/3, replacing IT 2167, its rental property ruling since 1985. The transitional period ended on 1 July 2026. Negative gearing allows investors to offset a rental loss against other income,…...

2+ week, 6+ day ago   (1626+ words) The June 2026 quarter Survey of Business Expectations shows some relief after a very weak March quarter, but no one should confuse a bounce from a very low base with strength when it comes to business confidence. Cost of doing business…...

3+ week, 4+ day ago   (1618+ words) Policymakers are still likely to suggest labour market conditions remain a little tight. The participation rate edged lower after reaching a near-record high in June, helping to contain the rise in the unemployment rate to 4.5%, up from 4.4% in June. The…...

3+ week, 5+ day ago   (1643+ words) The heat is slowly coming out of the labour market with wage pressures remaining steady. In the June quarter, the Wage Price Index (WPI), the Reserve Bank’s preferred measure of wages, rose by 0.8%. This was the fifth consecutive quarter in…...