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Job retention schemes during the pandemic prioritised preservation over reallocation, but evidence on their allocative and productivity consequences is scarce. Using tax data for Australia, this column shows that job reallocation and firm exit remained connected to firm productivity over the course of the pandemic. Australia’s job retention scheme, JobKeeper, initially
Promoted by Intuit Quickbooks The Tax Institute’s Senior Advocate, Robyn Jacobson, outlined her insights on some of the key measures announced at this year’s Federal Budget at the recent Pro Pow
By Justin Hendry on Mar 4, 2021 12:15PM Home Affairs tops the list. Eighty-four IT projects worth $10 million or more are currently in-flight across the federal government, with more than a quarter underway at just one department. The Digital Transformation Agency detailed the list of high-cost projects in its submission [pdf] to the Australian Public Service senate inquiry this week. It is the first public snapshot to be released since the DTA’s digital governance and investment division stopped actively monitoring projects and assigning them ‘en...
Accounting professionals are likely to remain in hot demand over the coming year as they continue to play a pivotal role in shaping the journey towards the nation’s economic recovery.