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2010 Australian Federal Budget
The 2010 Australian federal budget for the Australian financial year ended 30 June 2011 was presented on 11 May 2010 by the Treasurer of Australia, Wayne Swan, the third federal budget presented by Swan, and the third budget of the first Rudd government. The budget forecast a return to surplus in 2012/13. Projections were based on a successful passing of the Resource Super Profits tax based on a 40% of mining company profits. The budget featured changes to regulation regarding savings from 1 July 2011. Tax will only have to be paid on half of the total interest earned so as to encourage people to save. There were changes to the way millions of Australians do their tax returns by decreasing their reliance on tax agents. Sport in Australia is set to receive a funding boost described as the largest in Australian history. The budget was the first ever to be released under a Creative Commons license. Forecasts Deficit The deficit for the 2010–2011 financial year was expected ... [...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] |
Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ... [...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] |
2010 In Australia
The following lists events that happened during 2010 in Australia. Incumbents *Monarch – Elizabeth II *Governor-General – Quentin Bryce *Prime Minister – Kevin Rudd (until 24 June), then Julia Gillard **Deputy Prime Minister – Julia Gillard (until 24 June), then Wayne Swan **Opposition Leader – Tony Abbott * Chief Justice – Robert French State and Territory Leaders *Premier of New South Wales – Kristina Keneally **Opposition Leader – Barry O'Farrell *Premier of Queensland – Anna Bligh **Opposition Leader – John-Paul Langbroek *Premier of South Australia – Mike Rann **Opposition Leader – Isobel Redmond *Premier of Tasmania – David Bartlett **Opposition Leader – Will Hodgman *Premier of Victoria – John Brumby (until 2 December), then Ted Baillieu **Opposition Leader – Ted Baillieu (until 2 December), then Daniel Andrews *Premier of Western Australia – Colin Barnett **Opposition Leader – Eric Ripper *Chief Minister of the Australian Capital Te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Tax Review
The Australia's Future Tax System Review, informally known as the Henry Tax Review was commissioned by the Rudd Government in 2008 and published in 2010. The review was intended to guide tax system reforms over the next 10 to 20 years. Remit The review was commissioned as one of the specific outcomes from the Australia 2020 Summit held in April 2008. The review was a "root and branch" review, restricted only in that it could not consider increasing the rate or broadening the base of the Goods and Services Tax, imposing tax on superannuation payments to retirees over 60 years of age, or already-announced personal income tax changes. Panel The review panel members were: * Dr Ken Henry (Chair), Secretary to the Treasury * Dr Jeff Harmer, Secretary, Department of Families, Housing, Community Services and Indigenous Affairs * Professor John Piggott, Professor of Economics and Associate Dean, Research, Australian School of Business, University of New South Wales * Ms Heather Rido ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian National Debt
:''Throughout this article, the unqualified term "dollar" and the $ symbol refers to the Australian dollar.'' The Australian government debt is the amount owed by the Australian federal government. The Australian Office of Financial Management, which is part of the Treasury Portfolio, is the agency which manages the government debt and does all the borrowing on behalf of the Australian government. Australian government borrowings are subject to limits and regulation by the Loan Council, unless the borrowing is for defence purposes or is a 'temporary' borrowing. Government debt and borrowings (and repayments) have national macroeconomic implications, and are also used as one of the tools available to the national government in the macroeconomic management of the national economy, enabling the government to create or dampen liquidity in financial markets, with flow on effects on the wider economy. The net government debt is gross government debt less its financial assets, which i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Council Of Australia
The Business Council of Australia (BCA) is an industry association that comprises the chief executives of more than 100 of Australia's biggest corporations. It was formed in 1983 by the merger of the Business Roundtable – a spin-off of the Committee for Economic Development of Australia – and the Australian Industry Development Association. The organisation is headquartered in Melbourne with offices in Sydney and Canberra. Its stated goal is to give the business community a greater voice in public policy debates about the direction of Australian society. History AIPL/AIDA The Australian Industries Protection League (AIPL) was established in Melbourne in January 1919 as a successor to the Protectionist Association of Victoria. James Hume Cook, a former federal MP and ally of Nationalist leader Billy Hughes, was appointed secretary of the organisation in 1922 and held the position until his death in 1942. He represented the league at the British Empire Economic Conference in Ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Catholic Health Australia
Catholic Health Australia represents 75 hospitals and 550 residential and community aged care services and comprises Australia's largest non-government not-for-profit grouping of health and aged care services. Catholic Health Australia was established by the Roman Catholic Church in Australia as the representative body of these health and aged care services. It is the largest grouping of non-government health, aged and community care services in Australia and according to Catholic Health Australia, one in every ten Australians being cared for in hospitals or residing in aged care facilities are in Catholic health care institutions. Catholic Health Australia says its foundational principles are to service such interests as advocacy and policy development for the "Dignity of the Human Person"; "Service"; the "Common Good"; and "Preference for the Poor and Under-Served". The group also advocates on behalf of its members to the Australian Governments on health- and aged care-related is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Medical Association
The Australian Medical Association (AMA) is an Australian public company by guarantee formed as a professional association for Australian doctors and medical students. The association is not run by the Australian Government and does not regulate or certify doctors, a responsibility which lies with the Medical Board of Australia and the Australian Health Practitioner Regulation Agency. The association's national headquarters are located in Barton, Australian Capital Territory, in addition to the offices of its branches in each of the states and territories in Australia. Aims and objectives The AMA has a range of representative and scientific committees. One of its stated aims is "leading the health policy debate by developing and promoting alternative policies to those government policies that the AMA considers poorly targeted or ill-informed; responding to issues in the health debate through the provision of a wide range of expert resources; and commissioning and conducting re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joe Hockey
Joseph Benedict Hockey (born 2 August 1965) is a former Australian politician and diplomat. He was the Member of Parliament for North Sydney from 1996 until 2015. He was the Treasurer of Australia in the Abbott Government from 18 September 2013 until September 2015 when he resigned from Cabinet, having refused an alternative offer from the incoming Prime Minister, Malcolm Turnbull. He previously served as the Minister for Human Services and Minister for Employment and Workplace Relations in the Howard Government. He also served as Ambassador of Australia to the United States from January 2016 until January 2020. Hockey's parliamentary resignation triggered a 2015 North Sydney by-election where he was succeeded by Trent Zimmerman who had previously worked for Hockey as a staffer. His appointment as Ambassador of Australia to the United States was announced on 8 December 2015 to replace Kim Beazley, whose term ended in early 2016, and he assumed that position on 29 January 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tony Abbott
Anthony John Abbott (; born 4 November 1957) is a former Australian politician who served as the 28th prime minister of Australia from 2013 to 2015. He held office as the leader of the Liberal Party of Australia. Abbott was born in London, England, to an Australian mother and a British father, and moved to Sydney at the age of two. He studied economics and law at the University of Sydney, and then attended The Queen's College, Oxford, as a Rhodes Scholar, studying Philosophy, Politics and Economics. After graduating from Oxford, Abbott briefly trained as a Roman Catholic seminarian, and later worked as a journalist, manager, and political adviser. In 1992, he was appointed director of Australians for Constitutional Monarchy, a position he held until his election to parliament as a member of parliament (MP) for the division of Warringah at the 1994 Warringah by-election, before the election of the Howard government in 1996. Following the 1998 Australian federal election, 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pharmaceutical Benefits Scheme
The Pharmaceutical Benefits Scheme (PBS) is a program of the Australian Government that subsidises prescription medication for Australian citizens and permanent residents, as well as international visitors covered by a reciprocal health care agreement. The PBS is separate to the Medicare Benefits Schedule, a list of health care services that can be claimed under Medicare, Australia's universal health care insurance scheme. The out-of-pocket amount for some medications has increased since 1960, with increased subsidies for concession holders beginning in 1983. Safety nets were introduced in 2000 and expanded in 2004, limiting the total out-of-pocket expense singles or families would pay per year for health care in Australia. History In 1944, the Chifley Labor Government passed the ''Pharmaceutical Benefits Act 1944'' [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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