(OCR) or cash rate. This is the Australian base rate. Banks pay this interest rate when they take out a loan with a maturity of 1 day from another bank. By buying or selling bonds and other securities issued by the government the RBA can influence the money supply and thus the cash...
The IRU, which represents seven universities, wants: fee relief for domestic students through reform of the Job-Ready Graduates policy package; better pay rates for doctoral students; a dedicated fund within the Australian Research Council (ARC) for Indigenous-led research;...
How do we pay it off? 03/01 Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million. 03/01 Federal jobs went from reliable to risky overnight. Here’s where Americans can find stable work now — and in the ...
From 22 March, she’s entitled to 70% of the adult pay rate. You can calculate junior employee pay rates for specific industries using the Fair Work Ombudsman Pay Calculator.Minimum wage for apprenticesThe pay rate for apprentices, as well as their entitlements, such as sick leave, annual ...
Some would say that if the government wants to link all the data about each person, even against the will of the public, it might be better done by the ABS, as they are obliged to provide at least some privacy protections. However, the problem with giving such task to the ABS is in...
Government co-contribution rates Total income5Your contribution6Co-contribution $45,400 or less $1,000 $500 $51,400 $600 $300 $57,400 $200 $100 $60,400 or more Any amount $0 4 If you claim a tax deduction for after-tax contributions, your contributions will be classed as before-tax...
"But it's not just these last three rate cuts where the banks have failed to pass them on, it's actually what's happened previously under the Labor government, there were 14 different rate cuts and only five of them were passed on in full. ...
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...
Louis (https://fred.stlouisfed.org/); we gather the Australian 10-year government bond yield and the Australian 3-month bank bill rates from the Reserve Bank of Australia (https://www.rba.gov.au/statistics/). To explore the contribution of institution-specific and market-wide variables to...
For a given overall government tax-take there cannot be any aggregate 'income effect' offsetting the favourable 'substitution effect' from lowering marginal tax rates. When the average level of taxes is raised there is a potential rle for 'income effects' since individuals who have been made ...