Since almost eliminating net debt, the Australian Government%u2019s attention has turned to the financing of broader balance sheet liabilities, such as public sector superannuation. Australia will be developing a significant financial asset portfolio in the %u2018Future Fund%u2019 to smooth the ...
CANBERRA, Dec. 16 (Xinhua) -- The Australian government has slashed its budget surplus projections by almost half. Treasurer Josh Frydenberg on Monday delivered the mid-year economic and fiscal outlook (MYEFO), forecasting a surplus of 5 billion Australian dollars (3.4 billion U.S. dollars) fo...
The government will spend on one-off cost of living payments to provide an income-tax-exempt payment of 250 Australian dollars (187.4 U.S. dollars) for 6 million eligible pensioners, welfare recipients, veterans and concession card holders. In response to record-high petrol prices, the governmen...
Government and Public Finance Last Frequency Range Consolidated Fiscal Balance: % of GDP (%) -1.1 Dec 2023 quarterly Jun 2003 - Dec 2023 Forecast: Government Expenditure (AUD bn) 1,204.174 2029 yearly 1988 - 2029 Forecast: Government Net Debt (AUD bn) 1,728.540 2028 yearly 1989 - 2...
Net sales1.75B1.95B Net income48.1M62.42M Net Debt-16.59M-94.68M More financial data* Estimated data Company Profile Austal Limited is an Australia-based global shipbuilder and defense prime contractor. The Company offers naval, government and commercial operator ships, systems and support. The Com...
Australia’s government has pledged a net A$2.5 billion (£1.2 billion) over the coming decade to roll out the next tranche of Universities Accord reforms, including funding system changes and a tertiary education commission. However, just how much new money will materialise over the four-year...
Government policy has also increased the adoption of BEVs. These include exemptions for zero-emission vehicles (ZEVs) and plug-in hybrid electric vehicles (PHEVs) from custom duty, provided their value is below the luxury-car tax threshold. The Australian government also offers exemptions for fr...
Given a statistically significant positive relationship between size and systemic risk of insurance companies and other FIs, the government may consider imposing limits on expanding size. Moreover, the disentangled (short-, medium-, and long-term) systemic risk's positive relationship with the ...
government, education and community services. Personal Banking provides customers with products and services provides home loans or manage personal finances through deposit, credit or personal loan facilities. Corporate and Institutional Banking provides a range of products and services including client covera...
Albanese described it as "a human tragedy, wrought by this government." "Against all evidence, and all the outcry, the government insisted on using algorithms instead of people to pursue debt recovery against Australians who in many cases had no debt to pay," he said. ...