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ACCC clears Telstra’s NBN migration plan

Telstra’s $11 billion deal to lease its infrastructure to help build the national broadband network has been given full approval by the competition regulator and the taxman. The ACCC on Friday announced it had approved the NBN’s migration plan, which was one of the final hurdles preventing Telstra’s full transition to the government’s plan to use […]

Taxman zeroes in on cash economy

Taxman zeroes in on cash economy Small businesses operating in the cash economy are being targeted, with tax authorities tracking the credit card transactions of almost 1 million businesses. The Australian Taxation Office says data relating to about 900,000 merchants, which it will collect from the major banks and credit card providers, will be electronically […]