Aussies warned over new myGov scam
A new scam is trying to trick Aussies into handing over their banking details by claiming they are entitled to a $750 payment. The scam text claims to be sent by government…
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The Australian Taxation Office (ATO) text message offering Centrelink payment to watch out for
Australians are warned the message could lead to identity theft or financial loss. The Australian Taxation Office (ATO) is warning Australians to delete a text message that advises recipients they have Centrelink…
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Australia set for budget rebound, signals fiscal restraint
Australia’s Labor government is set to reveal a vast improvement in the budget’s bottom line next week as its coffers bulge with tax windfalls, yet the outlook will be a sober one…
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A rising number of households on the cusp of financial stress, but RBA says banking system isn’t at risk
Australian homes and businesses are vulnerable to financial stability risks as rising inflation and interest rates continue to pressure the global economy. A growing share of Australian households have also been seeking…
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Expand FBT break to EV chargers, solar panels, batteries
Removing upfront costs of switching from petrol to electric could increase EV take-up, says management consultant. Employees with an FBT-exempt electric vehicle should also be able to claim tax breaks for the…
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Financial reports evolving into ‘critical risk management tool’, says BDO
Financial reports have seen a dramatic shift in recent years with companies increasingly relying on them to drive strategy and manage risk, according to the mid-tier firm. BDO partner Kevin Frohbus said…
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