Tag: recession

ATO Releases Over $5.3bn In Tax Refunds

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It is good news for many Aussie taxpayers as the ATO has disbursed over $5.3 billion in tax refunds in July. With over 2.1 million recipients, it brings the average refund to about $2,490. With the new financial year only having recently started, it is a helpful injection into the…

AU Extended lockdown for NSW may spark a recession

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The more dangerous Delta variant of the Coronavirus has led to an increased number of cases in NSW; the state will now remain in an extended lockdown until at least the end of August 2021. The current lockdown has repeatedly been extended, as the infected number of people continues to…