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2 weeks ago | 
hrleader.com.au | Kace O'Neill |Emma Partis
| |6 minute read Twenty business groups have called on the government to support businesses to drive economic growth and improve living standards.
This story first appeared on HR Leader’s sister brand, Accounting Times.
A joint letter signed by 20 business groups called on parliamentarians for policy reform to boost business opportunities, cut red tape and make Australia a more attractive investment location.
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2 weeks ago | 
accountingtimes.com.au | Emma Partis
On Thursday, the Greens issued a policy proposal to improve the housing crisis, calling for property tax breaks, including negative gearing and CGT discounts, to be phased out and limited to one investment property only for existing investors.
Under the Greens’ policy, negative gearing and the 50 per cent CGT discount would be phased out, and limited to one investment property for existing investors.
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2 weeks ago | 
accountingtimes.com.au | Emma Partis
Trump has also announced a 90-day pause of ‘reciprocal’ tariffs on Thursday (AEST), which would see most tariffs pared back to a base level of 10 per cent.
The S&P 500 rallied on the news, bolstered by the broad-based reduction in tariffs. However, the escalating trade war between the US and China may affect the Australian economy.
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2 weeks ago | 
accountingtimes.com.au | Emma Partis
A joint letter signed by 20 business groups called on parliamentarians for policy reform to boost business opportunities, cut red tape and make Australia a more attractive investment location.
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2 weeks ago | 
accountantsdaily.com.au | Emma Partis
The biggest trend driving rising house costs isn’t generous investor tax discounts or immigration, the Grattan Institute has said.
• • 8 minute read Analysts from the Grattan Institute have said that the most significant cause exacerbating Australia’s housing crisis is the decline in average household size, in its podcast ‘Election 2025: Evaluating the housing policies’. You’re out of free articles for this month Username or Email Keep me signed in on this device.
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2 weeks ago | 
accountingtimes.com.au | Emma Partis
On Wednesday (AEST), the White House amended its 34 per cent ‘reciprocal’ tariff on China to be 84 per cent, culminating in a 104 per cent total tariff on Chinese imports to the US.
US President Donald Trump also foreshadowed further tariffs on pharmaceuticals in a televised address to the National Republican Congressional Committee on Wednesday.
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2 weeks ago | 
accountingtimes.com.au | Emma Partis
The Westpac-Melbourne Institute Consumer Sentiment Index dropped 6 per cent to 90.1 in April, falling notably following US tariff announcements.
“Sentiment towards the economy showed a clear tariff-related deterioration,” Matthew Hassan, Westpac’s head of Australian macro-forecasting, said.
“The scale and breadth of tariff increases, which included a 10% tariff on Australian goods, came as a major surprise, triggering a sell-off in global financial markets.
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2 weeks ago | 
accountingtimes.com.au | Emma Partis
Analysts from the Grattan Institute have said that the most significant cause exacerbating Australia’s housing crisis is the decline in average household size, in its podcast ‘Election 2025: Evaluating the housing policies’.
RBA data showed that average household size declined from 2.9 people per household in 1983 to just under 2.5 in 2023.
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2 weeks ago | 
accountantsdaily.com.au | Emma Partis
CA ANZ has launched a certificate in AI fluency to equip finance professionals with skills to harness emerging technologies.
• • 7 minute read The certificate is designed to help accounting professionals stay competitive as workforces undergo rapid technological shifts, Simon Hann, group executive of education and marketing at CA ANZ, said. You’re out of free articles for this month Username or Email Keep me signed in on this device.
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2 weeks ago | 
accountingtimes.com.au | Emma Partis
Three-quarters (75 per cent) of middle-market businesses surveyed by Pitcher Partners were not at all prepared or only somewhat prepared for incoming mandatory climate reporting requirements.
“Many middle-market businesses assume the rules won’t impact them in the short term, given the first companies required to report are also Australia’s largest, and perhaps better prepared to disclose their greenhouse gas emissions,” Jyotika Rangel, partner at Pitcher Partners Sydney, said.
