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Economy Recession

Australia’s Hidden Recession

#Recession #Economy #Australia Former Treasurer Peter Costello believes Australia has been in a hidden recession. References Has Australia had a hidden recession? Peter Costello thinks so https://au.finance.yahoo.com/news/has-australia-had-a-hidden-recession-peter-costello-thinks-so-011830750.html

Categories
Economy Recession

Tax Returns to Save the Economy

#Economy #Recession #RBA The RBA is hoping that tax returns will save the Australian economy. References Australians reap tax refunds worth $17.4 billion, as RBA signals tax cuts will boost https://www.abc.net.au/news/2019-09-26/australians-reap-tax-refunds-worth-$17.4-billion/11548186?section=business

Categories
Economy

Tax $1080 Tax Return Surprise

#TaxReturn #Australia #ATO People are surprised that they won’t get a tax return if they haven’t paid any taxes. Perhaps we need to improve our financial education? References https://www.news.com.au/finance/money/tax/why-scott-morrisons-1080-tax-bonus-may-never-reach-your-bank-account/news-story/46558679e55bd937ba7a72709ba0b241