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economy

The ATO focus areas for 2022/23

As the end of the financial year approaches, it's important for business owners and taxpayers to be aware of the Australian Taxation Office's (ATO) key focus areas this financial year. Understanding these focus areas can help keep you on the right side of the ATO and minimise the risk of audits or penalties.

21 June 2023

digital and cyber

ACCC explores social media risk to business

In 2022, Australians reported losses of more than $80 million to scams initiated on social media alone, up from reported losses of $56 million in 2021 and $27 million in 2020.

31 May 2023

economy

‘Two parts’ to State Budget: Pallas

Treasurer of Victoria Tim Pallas told Victorian Chamber guests that the 2023/24 Victorian Budget was “a really difficult budget” but was confident of the path ahead for business in the State.

24 May 2023

economy

Business boost as commercial stamp duty phased out

The Victorian Chamber of Commerce and Industry welcomes the Victorian Government announcement to replace stamp duty for commercial and industrial properties with an annual property tax.

22 May 2023

digital and cyber

Trusted .au domain ranked in world’s top 10

The .au domain has recently been recognised as one of the most popular and trusted domains globally, despite Australia’s relatively small population.

19 May 2023

economy

Federal Budget delivers modest business relief

The fundamentals of defence, skills and the transition to a net-zero economy are clear winners in an otherwise modest 2023-2024 Federal Budget that focuses on cost-of-living relief.

State and Federal Budgets

10 May 2023

economy

Small Business Energy Incentive revealed

The 2023-24 Federal Budget will allocate $314 million towards a new energy program aimed at lowering business power bills and emissions.

03 May 2023

digital and cyber

Secure your business this Privacy Awareness Week

Privacy Awareness Week (1 to 7 May 2023) is a global campaign that highlights the importance of online privacy and protecting all personal information.

03 May 2023

economy

Employees’ financial wellbeing is good for business

Increased cost of living is the number one issue facing many Australians today. It’s also likely affecting the emotional and financial wellbeing of your employees.

01 May 2023

digital and cyber

Cybercrime: The importance of a chain of command

Pitcher Partners Business Radar report has shown that business leaders may overestimate their organisation’s preparedness for a cyber-attack or data breach, potentially leading to underestimation of the risks they face.

01 May 2023

economy

Business can save economy

There has been a real shift over the past few weeks which should not be mistaken for the encroaching chill of our impending winter.

29 April 2023

economy

Innovation key to Victoria’s net-zero transition

The shift to a net-zero economy will require a collective effort but is a challenge Victoria can rise to with the right mindset and the right actions, enabling government and industry to work together to reach our emission targets and seize the economic opportunities for Victoria.

ESG

12 April 2023

economy

ATO finalises work from home deduction approach for 2023

The Australian Taxation Office (ATO) has released final guidance on how employees may choose to calculate their work from home deductions for this financial year.

27 March 2023

economy

Manufacturing and energy grants for business

State and federal grants are available now for small and medium businesses seeking energy efficiency upgrades as well as manufacturing growth opportunities.

14 March 2023

economy

Growing business concern over energy impacts

A new Victorian Chamber survey has revealed most businesses are increasingly concerned about the impact of energy prices and want Government support on long-term solutions to reach a net-zero economy.

01 March 2023

economy

Circular economy grants launch

The Victorian Government’s Circular Economy Business Innovation Centre (CEBIC) has launched for more than $4.8 million in funding to stimulate innovation and commercialisation of circular solutions.

28 February 2023


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