Australians delight in their nation punching above its weight. But there's little to celebrate in being the world's silver medallists; we're a nose behind the Swiss when it comes to household debt. i With the present-buying, holiday-taking season nigh, millions of Australians could soon find themselves sinking even deeper in the red.
Older readers may remember a time when credit was hard to come by and people were cautious about going into debt. But those days are long g...
Entertainment expenses - what can I claim?
The days of the Long Lunches of the 1980s may be well behind us, but there is still a lot of confusion around when entertainment expenses can be claimed as a tax deduction and how this interacts with Fringe Benefits Tax (FBT). It can be easy to make mistakes that can add a lot to your business's tax bill!
When is food and drink (and other entertainment) deductible?
It can be difficult, at first glance, to determine where you...
11 December 2018Read More
by Rhodes Docherty
The retail sector is experiencing a dramatic shake up with massive growth in online shopping indicating a shift in how consumers interact with products, sales and spaces.
Recent figures speak for themselves. Domestic online sales represented more than 50% of 2017 total retail sales growth in Australia as opposed to three years ago when they accounted for less than 10%.i
This rapid growth is staggering in a sector that has otherwise been sluggish of late. But what does it mean for consumers?...