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The Latest Breaking News from Bran Black

Better but 'not perfect' tax reform wins expert support

Senators are being told to drown out the cries of vested interests and pass tax changes some economists say will make the economy fairer for working people.

AAP

'Team Australia': big business urged to help in crisis

Conditions for Australian industry took its biggest one-month hit on record as a result of the Middle East oil crisis, prompting extra government support.

AAP

Gas, property lobbies fire up over proposed tax reform

More than three in five Australians want the government to slug gas companies with a 25 per cent export tax, as prices soar due to the war in the Middle East.

AAP

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Unions demand an extra week of annual leave for workers

An extra week of annual leave would add two per cent to employment costs but reduce employee turnover and time lost to injury and stress, unions say.

AAP

CBA boss calls for spending cuts, bold reform in budget

Commonwealth Bank boss Matt Comyn is urging business leaders to encourage the treasurer to take an ambitious spending and tax reform agenda to the budget.

AAP

Pressure to fix gas tax raising less revenue than beer

Senator David Pocock will ramp up pressure on the government to re-examine a fossil fuels tax that raises less money than beer thanks to a "fatal mistake".

AAP

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

AAP

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Grins as environment laws pass in 'win for the country'

An overhaul of environmental laws has cleared parliament, with the prime minister toasting the reforms despite the coalition branding them "economy wrecking".

AAP

No Christmas cheer from Greens for environment overhaul

A prominent conservationist has urged an entire rewrite of long-awaited environmental reforms as Labor remains confident they will pass before Christmas.

AAP

Consumers feeling merry in time for a Christmas splurge

Australian consumers are the most optimistic they've been since early 2022 despite fading prospects of more interest rate cuts.

AAP

Environment minister could approve projects at odds with nature laws under Labor overhaul

New ‘national interest’ provision revealed as extracts of legislation circulated to stakeholders before bill introduced to parliament later this week

The Guardian - AU

'Uninvestable': business lobby blasts WFH mandate

An Australian-first move to mandate working from home will make a state "uninvestable", the peak body for the nation's largest employers says.

AAP

Andrew Forrest’s Fortescue rejects ‘credibility’ of business council modelling on 2035 emissions target

BCA member criticises climate modelling commissioned by lobby group that ‘underplays’ economic opportunities and does not factor in cost of inaction

The Guardian - AU

No modelling in climate review, as lobby urges action

The opposition has dismissed suggestions delays in reaching a climate policy signal uncertainty about reducing emissions.

AAP

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AAP

Business boost as more nuisance tariffs get the chop

Another 500 nuisance tariffs on items such as tyres and wine glasses are set to be slashed, saving Australian businesses millions in compliance costs.

AAP

Big ideas to fix housing left untouched at roundtable

Plans to improve housing supply have emerged from the productivity roundtable, but economists say they won't fix the biggest issues affecting affordability.

AAP

Treasurer mulls making tax fairer for young Australians

Australia's "unfair" tax system has created a situation where retirees can earn the same income as working households, but pay less than half the tax.

The Guardian - AU

AI doom, nature laws and solving the housing problem: five takeaways from day two of economic reform roundtable

Jim Chalmers says ‘a useful consensus’ is emerging in several key reform areas

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The Guardian - AU

AI, red lines and the idea employers hated: five takeaways from day one of economic reform roundtable

Jim Chalmers praised the quality and calibre of engagement as ‘outstanding’. Here’s the main discussion points from Tuesday

AAP

Aussies missing out on payoff from research investment

Australian tech darlings Cochlear and Atlassian have lent their voices to a push to revamp research and development investment and reboot stagnant productivity.

AAP

Australian, Chinese business leaders seek common ground

A roundtable of Chinese and Australian business leaders in Beijing has recommended greater collaboration on green steel, education and agriculture.

AAP

Captains of industry, unions sit at economic roundtable

Leaders from the business, union and welfare sectors will gather in Canberra to come up with ways to bolster Australia's flagging productivity levels.

AAP

Business, union divisions threaten to derail PM summit

The prime minister hopes business groups and unions will unite to address a lagging economy but there are already signs of division before a planned summit.

AAP

Big business wants AI to do 'boring but essential' work

A peak body for some of the nation's biggest businesses has urged a mindset of opportunity rather than fear to help Australia become a global leader in AI.

AAP

Business lobby backs tax boost to bolster productivity

The Business Council of Australia has called for the federal government to hand all companies a 20 per cent investment allowance in the upcoming budget.

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