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Top Cosboa News

Australia's First-Quarter Economic Growth Stays Flat at 1.3%, Missing Estimates
Economy · Australia

Australia's First-Quarter Economic Growth Stays Flat at 1.3%, Missing Estimates

75% Left coverage: 4 sources
The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years to bolster growth.See the Story
Real Wages Finally Rise, but at What Cost to Small Business?
Wages · Australia

Real Wages Finally Rise, but at What Cost to Small Business?

A 3.5% wage rise is coming: good news for workers, but can Australia's small businesses survive the added pressure?See the Story
What Small Businesses Need to Know After the 2025 Election
Australia · Australia

What Small Businesses Need to Know After the 2025 Election

The recent re-election of the Albanese Government, with a strong majority, signals significant changes ahead for Australian workplace laws. For small businesses, understanding and preparing for these changes is crucial to ensure compliance, manage costs, and maintain good workplace relations.Key changes likely to affect small business:Wage regulation and bargaining: • The Government plans to strengthen protections for penalty rates, making it ha…Read Article

Productivity Commission Calls for Corporate Tax Reform, Cheaper Net Zero Policies

100% Right coverage: 2 sources
Australia’s Productivity Commission (PC) has identified 15 key reform areas to help pull the country out of the quagmire of sluggish productivity growth, where it has remained entrenched for a decade. Following the release of the PC’s Productivity Pitch in December 2024, the commission collected more than 500 ideas from all over Australia about improving productivity across the economy. It then combined the ideas, expert consultation, and the co…Australia · AustraliaSee the Story

Australia Prime Minister reveals his second term Cabinet and ministry

48% Left coverage: 23 sources
Peter Dutton · AustraliaSee the Story

Opinion Article: When business loses, Australia loses bigger

Today, the Business Council and COSBOA will host the Business Debate between Treasurer Jim Chalmers and shadow treasurer Angus Taylor. What the business community hopes to see more than anything is a debate based on policies that support growth, are evidence-based and provide real solutions – a debate that gives business confidence that we can be at the heart of our recovery.Australia · AustraliaRead Article

Small business tax cut boosts economy, creates jobs

COSBOA: Small business tax cut could boost Australia’s economy by $11.4 billion and create 3,370 permanent jobs. In Short COSBOA’s economic modelling suggests that reducing the small business tax rate from 25% to 20% could boost the economy by $11.4 billion and create around 3,370 jobs. CEO Luke Achterstraat urges major parties to adopt this fiscally prudent proposal, which could enhance cash flow, innovation, and overall economic growth for sma…Economy · AustraliaSee the Story

Chalmers, Taylor to face off in business-focused election debate

The Treasurer and his counterpart in Opposition will pit their business policies against each other in an April 23 debate.Australia · AustraliaSee the Story

Election vow to save Aussies $2.5k a year

100% Right coverage: 2 sources
First-home buyers who don’t have access to the bank of mum and dad could save up to $2500 annually on their mortgage payments through the Coalition’s push to lower borrowing requirements for first-home owners.Oceania · AustraliaSee the Story

Non-compete ban may also free big earners in tech and finance

100% Right coverage: 1 sources
Labor’s new rules could extend to white-collar workers who make more than $175,000 when including bonuses.Finance · AustraliaSee the Story

Small business owners and miners push for tax cuts ahead of 2025 election

Small business leaders across Australia, representing the country’s 2.6 million small business owners, have launched a targeted campaign urging Prime Minister Anthony Albanese and Opposition Leader Peter Dutton to reduce company taxes. The push focuses on a tax cut for businesses with annual turnovers of under $20 million, aiming to alleviate financial strain and prevent further closures. The Council of Small Business Organisations Australia (CO…Australia · AustraliaSee the Story

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