There’s been no improvement in the time in which big businesses pay their small business suppliers, according to the newest data from the Payment Times Reporting Regulator. The regulator recently released its latest half-yearly report – the third in its history since the Payment Times Reporting Act 2020 was legislated – and revealed that payment … Read more
The Reserve Bank of Australia has provided businesses with mixed news in its latest series of economic forecasts out to the June 2025 quarter. On the one hand, the Reserve Bank has forecast: the economy will keep growing until June 2025. unemployment will remain low over the next three years. inflation peaked in December 2022 … Read more
With domestic travel booming and inbound tourism gradually returning to pre-pandemic levels, one of Australia’s leading commercial property experts believes investors may want to take a fresh look at accommodation assets. Ray White Commercial Head of Research Vanessa Rader said Australia enjoyed a busy summer holiday period, with both domestic and international travel sharply increasing … Read more
As of 1 February, paid family and domestic violence leave has become available to employees of businesses with more than 15 staff. This leave entitlement – which will also become available to employees of smaller businesses from 1 August – allows employees to access 10 days of paid family and domestic violence leave in a … Read more
