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Economic News

Salary-Packaged Laptop or Phone? Why the FBT Exemption Is Set to End From 1 April 2027

The ATO issued draft Law Companion Ruling LCR 2026/D5 on 26 August 2026. Its main purpose is to explain the new standard deduction for work-related expenses, which is law and applies from the 2026–27 income year.

Sonal Goyal | 12 November 2026

Published Fees: How eftpos, Mastercard and Visa Disclosure Helps Merchants Compare

Ask a smallBusinessowner what it costs to accept a card payment and the answer is often a shrug. The charge arrives as a line on a monthly statement, sometimes bundled, sometimes split into components with unfamiliar names. Comparing one provider with another can feel …

Sonal Goyal | 12 November 2026

Bought a Work Laptop? Employees Can No Longer Use the Low-Value Pool for Work Assets From 2026–27, Draft ATO Guidance Says

The statement appears in draft Law Companion Ruling LCR 2026/D5, published on 26 August 2026. Comments closed on 9 October, and the ruling is proposed to apply from 1 July 2026.

Sonal Goyal | 12 November 2026

Cash Distribution Law in Action: The RBA's Second Designation in Two Months

Most discussion of the Reserve Bank of Australia (RBA) this month has centred on the cash rate. Yet a few days after theMonetary PolicyBoard's 3 November decision, the RBA published a media release about a very different kind of cash: the physical notes and …

Sonal Goyal | 12 November 2026

Senate Committee Due to Report on Labor's Trust and Housing Tax Bills Tomorrow: Five Things to Watch

The House of Representatives passed Tax Reform No. 3, the minimum tax rates bill and Tax Reform No. 4 on 29 October. All three remain bills, not law, until they pass the Senate.

Sonal Goyal | 12 November 2026

Lower Domestic Interchange Caps Since October: What Changes at the Till

At the till, a card payment looks the same as it did in September. The terminal lights up, the card is tapped or inserted, and the sale goes through. What has changed sits underneath. From 1 October 2026, two parts of the Reserve Bank …

Sonal Goyal | 12 November 2026

Why Not Use the Anti-Avoidance Rules We Already Have? The Question Hanging Over the 30% Trust Tax

At the hearings, Liberal Senator Jane Hume asked whether strengthening existing anti-avoidance rules, naming section 100A, Division 7A and Part IVA, could do theJobwithout new red tape.

Sonal Goyal | 12 November 2026

No New Recommendations, Same "Partly Observed" Grades: The ASX Report Card

Every year the Reserve Bank of Australia (RBA) assesses the facilities that clear and settle trades on Australia's main securities exchange. These are not household names, but they sit at the centre of the financial system. When shares change hands or certain securities andDerivativesare …

Sonal Goyal | 12 November 2026

The Coalition Would Scrap Labor's $250 Worker Tax Offset to Help Fund Bracket Indexation: What It Means for You

In the first three years, the plan would be partly funded by abolishing Labor's $250 tax offset for wage earners.

Sonal Goyal | 12 November 2026

CHESS Replacement and ClearStar: The ASX Projects on the RBA's Radar

Regulatory reports often bury their most telling signals in lists. In the Reserve Bank of Australia's (RBA) 2025/26 assessment of the ASX clearing and settlement facilities, one such list sets out where the RBA's supervisors will concentrate their attention. Two named projects appear on …

Sonal Goyal | 12 November 2026
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