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Australia's net government debt as percentage of GDP in the 2016–17 budget was estimated at 18.9% ($326.0 billion); much lower than most developed countries. [19] The budget forecasted that net government debt would increase to $346.8 and $356.4 billion in 2017–18 and 2018–19 respectively.
The 1% Club is an Australian television quiz show based on the British program of the same name. It is broadcast on the Seven Network and hosted by Jim Jefferies. [1] The show is styled as an IQ test and the questions are not based on general knowledge, like many shows, but of "logic and common sense". The top prize achievable is $100,000.
A goods and services tax (GST) is a value added tax levied by the federal government at 10% on the supply of most goods and services by entities registered for the tax. The GST was introduced in Australia on 1 July 2000 by the then Howard Liberal government.
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
“Our transaction volume has picked up, but most properties are going into contract 10% to 20% below asking price.” Plus, the more time a home spends on the market, the more likely it is to ...
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