Mixed response to RBA rate rise
There has been a mixed response from employer and industry groups to the Reserve Bank’s rate rise yesterday.
READ MORESustainable tax conditions only way forward: OECD
The Australian economy had been on a 28-year winning streak of uninterrupted growth before the pandemic. However, despite a return to lockdowns, the OECD has predicted that winning ways can return should the Morrison government create suitable tax conditions.
Despite an inevitable contraction of the Australian economy in the third quarter of the calendar year, the Organisation for Economic Co-operation and Development (OCED) has forecast growth of over 3 per cent for both 2021 and 2022, on the back of a strong economic rebound.
Read more at Nestegg.
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Accountants to decline ‘capacity to repay’ requests
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Heavy cryptocurrency exposure to attract auditor scrutiny
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