18/08/2022
Welcome back to our Weekly Digest. Read on for the latest updates in tax, accounting and the economy.
18/08/2022
Economist predicts rising interest rates will soon finally ease
Independent economist Saul Eslake predicts that interest rates will settle somewhere around 2.5% by the end of the year.
Signs emerge that the rental crisis has peaked, but many renters in trouble as costs are at an all-time high
The pandemic brought a slew of changes in the rental market as people transformed extra bedrooms into offices and prioritised having their own space. With rental rates hovering at less than 1 percent and not shrinking further after extreme rental price hikes, some think the crisis has finally peaked.
RBA explores digital currency options
With crypto in the news so often lately, and not for positive reasons, why is the RBA considering its use for itself? A year-long research project with the Digital Finance Cooperative Research Centre is underway to determine the viability of a digital currency.
Get in touch
Contact us if you have any questions or want to discuss the next steps for your business.
Star Highlights
Make sure to let us know if you have had any crypto trading as we need more information to be able to complete your tax return. Click on this blog for more info.
Star Reminders
We are currently working through the June 2022 Quarter BASs.
They are due for lodgement by 25 August 2022.