Links to information about the proposed Flood Levy are now appearing on the web site of the Australian Taxation Office (ATO). The ATO have provided links to the Australian Treasury, which in turn has provided information about the new tax on two bulletins, a Fact Sheet and a Questions & Answers Sheet. A Calculator is [...]
The Australian market marked time over the last month, with very little movement in the major indices. The S&P/ASX 200 Index moved from 4745.2 at the end of December 2010 to 4753.9 at the end of January 2011, a rise of just 0.18%. The best performing sectors during the month were Financials and Consumer Discretionary, [...]
Mount Gambier and the South East will inevitably lose more jobs under a new tax, the Flood Levy, that the Federal Government plans to impose on residents of Australia. Prime Minister Gillard announced last Thursday details of the new tax which her Government will impose in order to pay for Queensland and Victoria reconstruction costs. [...]
Policies by the State and Federal Labour Governments have lead to job losses in the South East, and will lead to further job losses if policy proposals are implemented.
You don’t need to have a receipt to claim a tax deduction for a donation of up to $10 to flood relief “Bucket Appeals” .
Rabobank’s January 2011 Seasonal Outlook expects more of the same when it comes to breaking climate records, as well as continued high agricultural commodity prices.
The ATO will now allow students to claim a deduction for study expenses if they received the youth allowance to study full time.
A Regional Impact Statement will be prepared to assess the risks and benefits of the proposed sale of Forest SA’s future forest harvests.
Long term investors have had a positive start to this financial year with most sectors on the Australian Stock Exchange (ASX) showing above average gains for the 6 months ending 31 December 2010.
Dwelling approval statistics recently released by the Australian Bureau of Statistics (ABS) reinforce the argument that the South Australian economy has become a two-speed economy.