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NSW budget: Here are 10 key measures for small businesses

NSW budget: Here are 10 key measures for small businesses
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Plan to reopen international borders 'absolutely' needed

Plan to reopen international borders absolutely needed03/05/2021|9min
The Business Council of Australia CEO Jennifer Westacott has renewed calls for targets to reopen the economy and international borders in a careful manner.
New South Wales Treasurer Dominic Perrottet last week urged the federal government to set targets for reopening Australia to the rest of the world in line with the vaccine rollout.
“We have to continue to be vigilant on quarantine and testing and tracing. We’ve got to be in this for the long haul,” Ms Westacott told Sky News.
“Absolutely we now need a plan to reopen the economy.” ....

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The Middle East Times - International

The Middle East Times - International
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Lawyers and accountants attack NSW stamp duty reforms

MacroBusiness
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at 11:00 am on April 20, 2021 | 8 comments
The New South Wales Government last year announced gutsy reforms to the state’s tax system, which will offer owner-occupiers an alternative to paying stamp duty via a fixed $500 up-front fee plus an annual 0.3% tax on the property’s unimproved land value.
Under the proposed reforms, the average buyer of a Sydney house would be given the choice to either pay a $51,000 lump sum (the current stamp duty requirement) or about $2,000 per year.
But once the property is subject to the annual tax, all future owners of that property would also be required to continue paying it. ....

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Will the economy shed 100,000 jobs when JobKeeper payments stop?

JobKeeper payments end on 28 March and many are talking about what it will mean for the Australian economy. Here are a few insights. ....

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