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Expert panel backs stamp duty abolition and GST reform

An independent, expert review panel, chaired by David Thodey AO, has recommended replacing stamp duty with a broad-based land tax and raising, or expanding the coverage of GST. You can read the full media release here.

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RBA looks into central bank digital currency

The RBA released a submission to the Senate Select Committee on Financial Technology and Regulatory Technology in December. The submission states that the RBA is keeping a watchful eye on the global d

Australian economic and fiscal update delivered

The Treasurer delivered Australia's economic and fiscal update yesterday. The update highlights the benefit to unemployment and GDP, among other things, provided by the Government's fiscal stimulus. T

Australia's cash rate remains at 25 basis points

RBA maintains Australia's target cash rate at a historically low 25 basis points. You can read the statement by RBA Governor, Philip Lowe, following this link. #smallbusiness #interestrate #australian

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