Crypto currency on phone. | Newsreel

1.5 million crypto holders facing capital pain

Up to a third of Australians who have sold Cryptocurrency over the past 12 months may be in for a shock when they lodge their tax return this year. A recent survey found
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Couple with piggy bank

Implications of superannuation tax plans for SMSF members

Despite Federal Government plans to tax superannuation balances greater than $3 million not yet legislated, there are actions individuals can take before July
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Clothing and accessory retail sales lifted in May - Newsreel

Queensland comeback masks soft national spending

Queenslanders drove a slight increase in national household spending in April, according the Australian Bureau of Statistics (ABS). The latest data showed household
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Cyclone Alfred. | Newsreel

GDP growth soft in March quarter at 0.2 percent

Stalled Government spending and a drop in public investment contributed to an almost stagnant Australian economy in the first quarter of the year. Australian Bureau of
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Container ship at sea. | Newsreel

Growth forecasts trimmed as US and China go backwards

The OECD has lowered its global growth forecasts in light of the current state of geo-politics. The economic organistaion’s latest Economic Outlook projects global
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Piggy bank with Australian dollars. | Newsreel

End of the road for Super Guarantee increases

A 14-year journey ends of July 1, when the final increase in superannuation for Australians kicks in. Super Members Council CEO Misha Schubert said on that day the Super
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Gold bullion. | Newsreel

Deficit nears $15b despite surging US demand for gold

Australia’s current account deficit is nudging $15 billion, as the nation’s current account balance rose in the March quarter. The latest Australian Bureau of
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Land in drought. | Newsreel

Billion-dollar hit to agricultural production in 2025-26

The drought in southern Australia is expected to lead to a drop in Australia’s agricultural production of more than $2 billion in the next financial year. The latest
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Cargo ship and truck. \ Newsreel

Push to localise supply chains a risk to global GDP

Global moves to on-shore manufacturing and production could undermine, rather than strengthen, supply chain resilience, according to the OECD. In its latest Supply Chain
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Group dining out at restaurant. | Newsreel

Queensland comeback not enough for retail figures

A Queensland bounce-back was not enough to stop national retail figures slipping into the red in April. The latest Australian Bureau of Statistics (ABS) data showed
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