BUSINESS NEWS AND ARTICLES

June 2019 infrastructure update

  • July 15, 2019
  • FENCiT
The Territory Government is creating jobs for Territorians. During the month of June 2019 alone 57 construction contracts valued over $31 million were awarded to 100% local Territory business. The...

Tax time tips for small business

  • July 11, 2019
  • FENCiT
The Taxation Office is lending a helping hand to nearly four million small businesses to get their tax right this tax time. Assistant Commissioner Peter Holt said the ATO understands...

Perimeter fencing for NT reserve

  • July 11, 2019
  • FENCiT
The first stage of works to upgrade Purkiss Reserve will get underway soon, with the contract to deliver new perimeter fencing awarded to local company Harvey Developments (NT) Pty Ltd....

Cattle markets & southern rain stabilise rural commodities index

  • July 11, 2019
  • FENCiT
Reduced volatility in cattle markets and good rain in south-eastern Australia and the West Australian wheatbelt saw the National Australia Bank (NAB) Rural Commodities Index fall by just 0.1 per...

‘Cash in hand’ payments to workers no longer tax deductible

  • July 11, 2019
  • FENCiT
The Australian Taxation Office (ATO) has reminded employers that any ‘cash in hand’ payments made to workers from 1 July 2019 will not be tax deductible. ‘Cash in hand’ refers...

Passage of tax cuts benefits all Australians

  • July 9, 2019
  • FENCiT
The Australian Chamber of Commerce and Industry, Australia’s largest and most representative business network, warmly welcomes the passage of the personal income tax package through the Senate. “The tax cuts...

APRA lending guidelines and income tax cuts provide welcome confidence…

  • July 5, 2019
  • FENCiT
APRA’s decision on residential mortgage lending guidelines and successful passage of the Federal Government’s personal income tax cuts package will provide a welcome shot of confidence for the property sector...

Tax reform benefits should not be underestimated

  • July 5, 2019
  • FENCiT
“The expected passage through the Senate today (July 4 2019) of the Government’s personal income tax reform program is important in its own right and an encouraging start to the...

Australian PCI®: Construction downturn eases slightly in June 2019

  • July 5, 2019
  • FENCiT
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 2.6 points to 43.0 in June 2019, indicating a slight easing in the construction industry's...

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