08/12/2022
Welcome back to our Weekly Digest. Read on for the latest updates in tax, accounting and the economy.
08/12/2022
Government appears increasingly divided over stage-three tax cuts
Government Services Minister Bill Shorten claims inflation and other cost-of-living pressures are harming Australians earning over the $100,000 threshold.
Australians urged to keep a look out for scams over the holidays
The ACCC is urging shoppers to exercise extreme caution when buying gifts online this festive season, with online fraud on the rise. There was more than $2bn worth of scams last year, and that number is expected to double.
Miners and energy stocks lift the ASX
Despite the lacklustre opening of US markets on Monday, the Australian share market managed to pull ahead. The promising performance reflects investors’ tentative hope that interest rate hikes are coming to an end.
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