The government has raised this year’s budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.
Both the manufacturing and services industry, fell from 53.9 in July to 52.6 in August.
The IHS Markit Services Purchasing Managers’ Index rose to a one year high of 53.8 in July, up from 49.6 in June.
At present, the Consulting community continues to be made liable for payment of GST on behalf of the employer.
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