{"id":10386,"date":"2023-10-31T09:12:43","date_gmt":"2023-10-30T22:12:43","guid":{"rendered":"https:\/\/countax.com.au\/?post_type=weekly-digest&p=10386"},"modified":"2023-10-31T09:27:59","modified_gmt":"2023-10-30T22:27:59","slug":"weekly-digest-1-november-2023","status":"publish","type":"weekly-digest","link":"https:\/\/countax.com.au\/weekly-digest\/weekly-digest-1-november-2023\/","title":{"rendered":"Weekly Digest \u2013 1 November 2023"},"content":{"rendered":"
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.<\/p>\n
Recent Xero data reveals the ongoing resilience of Australian small businesses<\/a> despite a deceleration in sales and wages growth. Sales growth remains stronger compared to other XSBI markets.<\/p>\n A panel of economists questioned by Finder for its RBA Survey have said there is a roughly one-in-three chance<\/a> that Australia will find itself in a recession in 2024.<\/p>\n In another cost of living blow, the availability of rental properties is \u201cat critical levels\u201d and the RBA said the situation is unlikely to improve in the short term<\/a>.<\/p>\n Australia\u2019s financial watchdog has issued an eight-year ban to a former\u00a0PwC\u00a0partner<\/a> at the heart of a confidentiality scandal that triggered a reputation crisis at the firm and a costly sell-off.<\/p>\n ANZ, along with the Australian Centre for International Trade and Investment, and the Australian Chamber of Commerce and Industry, have just released the\u00a02023 National Trade Survey report.<\/a> Australian businesses want to embrace the opportunity of international trade \u2013 but the landscape can often be harder than it should be. There\u2019s a real opportunity for policymakers and industry to work together to help our home-grown businesses thrive in global markets.<\/a><\/p>\n Commercial bank cash orders declined two-thirds and cash payments halved<\/a> over three years to 2022, according to the RBA.<\/p>\n Superannuation is a major asset in many estates, but many people don’t realise that superannuation is not automatically left in accordance with their will<\/a>.<\/p>\nExperts say Australia at 1-in-3 risk of hitting recession next year<\/h2>\n
RBA\u2019s horror rental prediction<\/h2>\n
PwC partner at centre of tax advice scandal banned by Asic for eight years<\/h2>\n
From Australia to the world<\/h2>\n
Reserve Bank says cash orders have plunged by two-thirds in 3 years<\/h2>\n
Superannuation beneficiaries need to be considered for when you die<\/h2>\n
NAB survey shows Gen Z Aussies are saving up to spend big on experiences<\/h2>\n