That time has arrived once again – we are officially in ‘pre-Christmas trade’! As we all know, that can mean frantic attempts keep clothes on hangers rather than change room floors; clearing tried-on footwear again and again and again; helping indecisive gift-buyers find that special something; and the never-ending carols loop (that sends your staff […]
Retailers praise Federal Court for preserving independent umpire’s integrity, after union challenge to penalty rates quashed The National Retail Association (NRA) has this morning praised the Federal Court for rejecting the unions’ attempts to have the penalty rates ruling of the independent umpire, the Fair Work Commission (FWC), overruled. The Court has this morning handed […]
On May 3, 2016, Federal Treasurer Scott Morrison MP handed down the Federal Government’s 2016/17 Budget. This is the third budget for the current Coalition Liberal-National Government and the first for Scott Morrison. This budget is critical to the formation of the economic plan that will be taken to the upcoming election, to be held […]
This week I hosted follow up discussions with the office of the new Treasurer Scott Morrison. We discussed a number of topics including the implementation timeline for scrapping the GST Low Value Threshold, the need for further tax reform, and the Financial Systems Inquiry. Regarding the costs of credit card facilities, the message from […]
Analysts were saying that the next move in interest rates would be upwards and we saw evidence of that this week – not from the Reserve Bank, but from Westpac, which announced a 0.2 per cent increase in its variable rate mortgage. It’s not the first bank to nudge its rates upwards, but it is […]