|
2011 Australian Federal Budget
The 2011 Australian federal budget for the Australian financial year ended 30 June 2012 was presented on 10 May 2011 by the Treasurer of Australia, Wayne Swan, the fourth federal budget presented by Swan, and the first budget of the Gillard Government. The budget forecast a $22.6 billion deficit and delivered a $44.4 billion deficit. Total receipts Revenue summary *$150,890 million – Individuals Income Tax *$76,650 million – Company and petroleum resource rent taxation *$51,900 million – Sales taxes *$20,714 million – Non-tax revenue *$17,180 million – Petroleum excise *$9,330 million – Superannuation taxation *$9,150 million – Other excise *$7,520 million – Customs Duty *$3,760 million – Fringe Benefits taxation *$2,867 million – Other taxation Spending and expenditures Total expenses for 2011–2012 is expected to be $365.8 billion, which is an increase of 1.0% from estimated expenses as reported by the Mid-Year Economic and Fiscal Outloo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Budgets
Australian(s) may refer to: Australia * Australia, a country * Australians, citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal Australians, indigenous peoples of Australia as identified and defined within Australian law * Australia (continent) ** Indigenous Australians * Australian English, the dialect of the English language spoken in Australia * Australian Aboriginal languages * ''The Australian'', a newspaper * Australiana, things of Australian origins Other uses * Australian (horse), a racehorse * Australian, British Columbia, an unincorporated community in Canada See also * The Australian (other) * Australia (other) * * * Austrian (other) Austrian may refer to: * Austrians, someone from Austria or of Austrian descent ** Someone who is considered an Austrian citizen, see Austrian nationality law * Austrian German dialect * Someth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2011 In Australia
The following lists events that happened during 2011 in Australia. Incumbents *Monarch – Elizabeth II * Governor-General – Quentin Bryce *Prime Minister – Julia Gillard **Deputy Prime Minister – Wayne Swan **Opposition Leader – Tony Abbott * Chief Justice – Robert French State and Territory Leaders *Premier of New South Wales – Kristina Keneally (until 28 March), then Barry O'Farrell **Opposition Leader – Barry O'Farrell (until 28 March), then John Robertson *Premier of Queensland – Anna Bligh **Opposition Leader – John-Paul Langbroek (until 11 April), then Jeff Seeney *Premier of South Australia – Mike Rann (until 21 October), then Jay Weatherill **Opposition Leader – Isobel Redmond *Premier of Tasmania – David Bartlett (until 23 January), then Lara Giddings **Opposition Leader – Will Hodgman *Premier of Victoria – Ted Baillieu **Opposition Leader – Daniel Andrews *Premier of Western Australia – Colin Barnett **Opposition Leader – Eric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Australia
Australia is a highly developed country with a mixed-market economy. As of 2022, Australia was the 14th-largest national economy by nominal GDP (Gross Domestic Product), the 20th-largest by PPP-adjusted GDP, and was the 22nd-largest goods exporter and 24th-largest goods importer. Australia took the record for the longest run of uninterrupted GDP growth in the developed world with the March 2017 financial quarter. It was the 103rd quarter and the 26th year since the country had a technical recession (two consecutive quarters of negative growth). As of June 2021, the country's GDP was estimated at 1.98 trillion. The Australian economy is dominated by its service sector, which in 2017 comprised 62.7% of the GDP and employed 78.8% of the labour force. At the height of the mining boom in 2009–10, the total value-added of the mining industry was 8.4% of GDP. Despite the recent decline in the mining sector, the Australian economy had remained resilient and stable and di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Charities And Not-For-Profits Commission
The Australian Charities and Not-for-profits Commission (ACNC) is the regulatory authority for charities and not-for-profit organisations within Australia. The Commission was established in December 2012 as part of the ''Australian Charities and Not-for-profits Commission Act 2012'' passed by the federal parliament, and is responsible for registering charities and non-profit organisations, ensuring their compliance with Australian law, and for keeping a public register of registered organisations. Purpose and responsibilities The ACNC was created to achieve three fundamental goals towards improving charities and not-for-profits: * maintain, protect, and enhance public trust and confidence in the Australian not-for-profit sector * support and sustain a robust, vibrant, independent, and innovative not-for-profit sector * promote the reduction of unnecessary regulatory obligations on the sector. As part of this, the ACNC is responsible for managing charity and not-for-profit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Broadband Network
The National Broadband Network (NBN) is an Australian national wholesale open-access data network. It includes wired and radio communication components rolled out and operated by NBN Co, a Government-owned corporation. Internet service providers, known under NBN as retail service providers or RSPs, contract with NBN to access the data network and sell fixed Internet access to end users. Rationales for this national telecommunications infrastructure project included replacing the existing copper cable telephony network that is approaching end of life, and the rapidly growing demand for Internet access. As initially proposed by the Rudd Government in 2009, wired connections would have provided up to 100 Mbit/s (later increased to 1000 Mbit/s), decreased to a minimum of 25 Mbit/s in 2013 after the election of the Abbott Government. As the largest infrastructure project in Australia's history, NBN was the subject of significant political contention and has been an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Efficiency Dividend
An efficiency dividend is an annual reduction in resources available to an organization. It is usually applied as a percentage of operational (running) costs. It has been used by the Australian Government The Australian Government, also known as the Commonwealth Government, is the national government of Australia, a federal parliamentary constitutional monarchy. Like other Westminster-style systems of government, the Australian Government ... on Australian Public Service departments and agencies since 1987. Some departments and agencies have been exempted. History A 1.25% efficiency dividend was introduced by the Bob Hawke Government in 1987-88. It was reduced to 1% from 1994-95 to 2004-2005 then increased to 1.25% from 2005-06. For 2008-09 a one-off 2% efficiency dividend on top of the ongoing efficiency dividend was applied. In 2011-12 it was 1.5% and in 2012-13 another extra one-off 2.5% was applied. Controversy Proponents of the efficiency dividend a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue2011
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. This definition is based on IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, in the balance statement, revenue is a subsection of the Equity section and revenue increases equity, it is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). In general usage, revenue is the total amount of income by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of Australia
The Parliament of Australia (officially the Federal Parliament, also called the Commonwealth Parliament) is the legislature, legislative branch of the government of Australia. It consists of three elements: the monarch (represented by the Governor-General of Australia, governor-general), the Australian Senate, Senate and the Australian House of Representatives, House of Representatives.Constitution of Australia, Section 1 of the Constitution of Australia, section 1. The combination of two elected chambers, in which the members of the Senate represent the States and territories of Australia, states and territories while the members of the House represent electoral divisions according to population, is modelled on the United States Congress. Through both chambers, however, there is a Fusion of powers, fused executive, drawn from the Westminster system.. The upper house, the Senate, consists of 76 members: twelve for each state, and two each for the territories, Northern Terr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treasurer Of Australia
The Treasurer of Australia (or Federal Treasurer) is a high ranking official and senior minister of the Crown in the Government of Australia who is the head of the Ministry of the Treasury which is responsible for government expenditure and for collecting revenue. The Treasurer plays a key role in the economic policy of the government. The current Australian Treasurer is Jim Chalmers whose term began on 23 May 2022. The Treasurer implements ministerial powers through the Department of the Treasury and a range of other government agencies. According to constitutional convention, the Treasurer is always a member of the Parliament of Australia with a seat in the House of Representatives. The office is generally seen as equivalent to the Chancellor of the Exchequer in the United Kingdom or the Secretary of the Treasury in the United States or, in some other countries, the finance minister. It is one of only four ministerial positions (along with Prime Minister, Minister for Def ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> 2011 In Australia")
