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The Latest Breaking News from Business

Income tax changes ruled out this budget but push for new review into revenue gathers steam

The Treasurer may have ruled out making changes to the stage 3 income tax cuts in his first budget, but there is a growing push for more comprehensive tax reform from experts and the parliamentary crossbench.

ABC News

The Aussie dollar is dropping against the US currency, but it’s not all bad news

A higher US dollar isn't great news for global trade, but some Australian businesses are able to benefit and travellers have reason to smile as well.

ABC News

Reserve Bank set for another double-sized interest rate rise as borrowers brace for pain

The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers.

ABC News

From analysis to the latest developments in health,
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Skilled migrant workers speak up about sponsorship visa exploitation and workplace sexual harassment

The Australian government is lifting the permanent migration cap to fill labour shortages. But many skilled migrants who have experienced exploitation in the workplace are warning it is a recipe for disaster without better protections.

ABC News

Jacob Rees-Mogg tipped to be next business secretary if Liz Truss wins Tory leadership

The multi-millionaire is expected to be put in charge of tackling the ongoing energy crisis - and has already been in talks with firms

The National (Scotland)

About 50kg of nickel goes into each Tesla battery but the world isn't producing enough to keep up with demand

Nickel is a critical metal in batteries, and the world's miners are struggling to keep up with booming demand as consumers switch to renewables.

ABC News

Ex-Bank of England chief economist Andy Haldane warns inflation here ‘for years’ as business calls for emergency budget

The British Chamber of Commerce want an immediate VAT cut and a reversal of recent National Insurance rises in an emergency snap budget

Evening Standard

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Recession is necessary and 'ordinary people will suffer the most', warns investment guru

World-renowned contrarian investor Marc Faber says the failure of central banks to start raising interest rates sooner will lead to recession and an implosion in asset prices.

ABC News

Boris Becker ‘used business account as own piggy bank to pay personal expenses’

The six-time Grand Slam tennis champion denies the charges.

The Independent UK

Economy bounces back from Delta lockdowns with strong growth at the end of 2021

Australia's economy just posted its equal-best quarter of economic growth in nearly 46 years as it bounced back from the east-coast Delta lockdowns. But not everyone is cheering, with rising costs and supply shortages still hitting many businesses and consumers.

ABC News

Labour: NI rise ‘will make a bad situation for British businesses even worse’

Shadow business minister Seema Malhotra raised concerns over the level of inflation as well as ‘spiralling’ energy costs.

The Independent UK

Steel campaigners demand action for £2bn industry after latest government talks

The first meeting of the Steel Council for five months took place as sector bosses and union leaders urged Business Secretary Kwasi Kwarteng to help the industry with energy costs and cutting emissions

Daily Mirror

Moment police kick barrister's family off BA flight in nanny business class row

Charles Banner QC claims the "pettiness and vindictiveness" of British Airways staff sparked the incident after his family were all booted off after their nanny was downgraded to economy

Daily Mirror

Two years into the COVID-19 crisis, why are some businesses thriving while others still struggle?

The Omicron COVID wave is hitting some Australian business owners who were hoping for a fresh start in 2022. But many are beating the pandemic odds, and thriving.

ABC News

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Evening Standard

‘Get back to work’ says Business Secretary as Plan B ends

Business Secretary Kwasi Kwarteng took on union bosses on Friday as he called for people to “get back to work” as Plan B ends.

TechRadar

KashFlow accounting service review

Potent online accounting software that aims to take the strain out of small business bookkeeping.

TechRadar

Visualping web content monitoring review

In our Visualping review, we test out the sophisticated website monitoring tool used by over 83% of Fortune 500 companies.

TechRadar

Declaree expense tracker review

Take care of everything from credit card costs to travel with this simple to use business app.

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news in one place.

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Kiplinger

Five Things You Can Get at Costco Without a Membership

We highlighted several popular Costco benefits that don't require a membership to the warehouse club. Take a look.

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