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2012 Australian Federal Budget
The 2012 Australian federal budget for the Australian financial year ended 30 June 2013 was presented on 8 May 2012 by the Treasurer of Australia, Wayne Swan, the fifth federal budget presented by Swan, and the second budget of the Gillard Government. The budget was described as a "battlers" budget with benefits geared towards families and low income earners. It forecast a surplus of $1.5 billion in the financial year ended 30 June 2013. The Gillard Government has emphasised the importance of returning the budget to a surplus so that the Reserve Bank of Australia may be in a better position to cut interest rates and thereby generate positive consumer sentiment. Swan was at pains to emphasise that the Bank would set rates independently. Swan had also stated it important for the confidence of sovereign debt investors following the 2007–2012 global financial crisis. The budget set up funding for a new National Disability Insurance Scheme (NDIS). Measures to improve publi ... [...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] |
Bernie Fraser (economist)
Bernard William Fraser (born 26 February 1941) is an Australian economist and was the Governor of the Reserve Bank of Australia from September 1989 to September 1996. Fraser was born in Junee, New South Wales in 1941. He joined the Commonwealth Public Service in 1961, starting at the Department of National Development. Educated at the University of New England and the Australian National University, Bernie Fraser joined the Commonwealth Public Service in 1961, spending time in Treasury, interspersed with postings in London as a Treasury representative, three years in the Department of Finance and three years as Director of the National Energy Office. He soon moved to the Department of Treasury, in 1963. He was its London representative from 1969 to 1972. In 1981 Fraser was appointed Director of the National Energy Office. He returned to the Treasury in 1984 and became Secretary from September 1984 to September 1989. Fraser is an independent director of several industry superan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duncan Gay
Duncan John Gay (born 2 May 1950), an Australian politician, was the Vice-President of the Executive Council of New South Wales and the Leader of the Government in the Legislative Council from May 2014 to January 2017; and the Minister for Roads, Maritime and Freight from April 2015 to January 2017. Gay was the Leader of the Nationals in the Legislative Council until January 2017 and was a member of the Council from 1988 to 2017, representing The Nationals. He served as the Minister for Roads and Freight, and as the Minister for the North Coast between 2014 and 2015 in the first Baird government; and the Minister for Roads and Ports in the O'Farrell ministry between 2011 and 2014. Early life Gay was born and raised in Crookwell, New South Wales near Goulburn and educated at Crookwell District Rural School. He attended Newington College (1962–1967) in Sydney as a boarding student before studying accountancy and wool classing. He is married to Katie and they have two chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister For Roads And Ports (New South Wales) ''
{{disambiguation ...
Minister may refer to: * Minister (Christianity), a Christian cleric ** Minister (Catholic Church) * Minister (government), a member of government who heads a ministry (government department) ** Minister without portfolio, a member of government with the rank of a normal minister but who doesn't head a ministry ** Shadow minister, a member of a Shadow Cabinet of the opposition ** Minister (Austria) * Minister (diplomacy), the rank of diplomat directly below ambassador * Ministerialis, a member of a noble class in the Holy Roman Empire * ''The Minister'', a 2011 French-Belgian film directed by Pierre Schöller See also *Ministry (other) *Minster (other) *''Yes Minister ''Yes Minister'' is a British political satire sitcom written by Antony Jay and Jonathan Lynn. Comprising three seven-episode series, it was first transmitted on BBC2 from 1980 to 1984. A sequel, ''Yes, Prime Minister'', ran for 16 episodes fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Highway (Australia)
Pacific Highway is a national highway and major transport route along the central east coast of Australia, with the majority of it being part of Australia's Highway 1. The highway and its adjoining Pacific Motorway between Brisbane and Brunswick Heads and Pacific Motorway between Sydney and Newcastle links the state capitals of Sydney in New South Wales with Brisbane in Queensland, approximately paralleling the Tasman Sea of the South Pacific Ocean coast, via Gosford, Newcastle, Taree, Port Macquarie, Kempsey, Coffs Harbour, Grafton, and Ballina. Additionally, between Brunswick Heads and Port Macquarie (excepting for a short stretch around Coffs Harbour), the road is also signed as Pacific Motorway, but has not been legally gazetted as such. Pacific Highway no longer includes former sections of the highway between Brunswick Heads and Brisbane that have been legally renamed. As such, the highway stops short of the Queensland border near the Gold Coast. It is one of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Museum Of Australia
The National Museum of Australia, in the national capital Canberra, preserves and interprets Australia's social history, exploring the key issues, people and events that have shaped the nation. It was formally established by the ''National Museum of Australia Act 1980''. The museum did not have a permanent home until 11 March 2001, when a purpose-built museum building was officially opened. The museum profiles 50,000 years of Indigenous heritage, settlement since 1788 and key events including Federation and the Sydney 2000 Olympics. The museum holds the world's largest collection of Aboriginal bark paintings and stone tools, the heart of champion racehorse Phar Lap and the Holden prototype No. 1 car. The museum also develops and travels exhibitions on subjects ranging from bushrangers to surf lifesaving. The National Museum of Australia Press publishes a wide range of books, catalogues and journals. The museum's Research Centre takes a cross-disciplinary approach to history, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Film And Sound Archive
The National Film and Sound Archive of Australia (NFSA), known as ScreenSound Australia from 1999 to 2004, is Australia's audiovisual archive, responsible for developing, preserving, maintaining, promoting and providing access to a national collection of film, television, sound, radio, video games, new media, and related documents and artefacts. The collection ranges from works created in the late nineteenth century when the recorded sound and film industries were in their infancy, to those made in the present day. The NFSA collection first started as the National Historical Film and Speaking Record Library (within the then Commonwealth National Library) in 1935, becoming an independent cultural organisation in 1984. On 3 October, Prime Minister Bob Hawke officially opened the NFSA's headquarters in Canberra. History of the organisation The work of the Archive can be officially dated to the establishment of the National Historical Film and Speaking Record Library (part of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian National Library
The National Library of Australia (NLA), formerly the Commonwealth National Library and Commonwealth Parliament Library, is the largest reference library in Australia, responsible under the terms of the ''National Library Act 1960'' for "maintaining and developing a national collection of library material, including a comprehensive collection of library material relating to Australia and the Australian people", thus functioning as a national library. It is located in Parkes, Canberra, ACT. Created in 1960 by the ''National Library Act'', by the end of June 2019 its collection contained 7,717,579 items, with its manuscript material occupying of shelf space. The NLA also hosts and manages the renowned Trove cultural heritage discovery service, which includes access to the Australian Web Archive and National edeposit (NED), a large collection of digitised newspapers, official documents, manuscripts and images, as well as born-digital material. History In 1901 the Commonwealth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Bureau Of Statistics
The Australian Bureau of Statistics (ABS) is the independent statutory agency of the Australian Government responsible for statistical collection and analysis and for giving evidence-based advice to federal, state and territory governments. The ABS collects and analyses statistics on economic, population, environmental and social issues, publishing many on their website. The ABS also operates the national Census of Population and Housing that occurs every five years. History In 1901, statistics were collected by each state for their individual use. While attempts were made to coordinate collections through an annual Conference of Statisticians, it was quickly realized that a National Statistical Office would be required to develop nationally comparable statistics. The Commonwealth Bureau of Census and Statistics (CBCS) was established under the Census and Statistics Act in 1905. Sir George Knibbs was appointed as the first Commonwealth Statistician. Initially, the bureau w ... [...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] |
Superannuation In Australia
In Australia, superannuation, or just super, is the term for retirement pension benefit funds. Employers make compulsory contributions into these funds on behalf of their employees. Superannuation is compulsory for all employed people working and residing in Australia. The total balance of a person's superannuation is then used to provide an income stream upon reaching retirement. Federal law dictates minimum amounts that employers must contribute to the super accounts of their employees, on top of standard wages or salaries. Most employees have their super contributed to large funds - either industry funds (not-for-profit mutual funds, managed by boards composed of industry stakeholders), or retail funds (for-profit commercial funds, principally managed by financial institutions). However, some Australians can have their super deposited into self-managed superannuation funds. The Australian Government outlines a set percentage of employee income that should be paid into a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Taxation
A corporate tax, also called corporation tax or company tax, is a direct tax imposed on the income or capital of corporations or analogous legal entities. Many countries impose such taxes at the national level, and a similar tax may be imposed at state or local levels. The taxes may also be referred to as income tax or capital tax. A country's corporate tax may apply to: * corporations incorporated in the country, * corporations doing business in the country on income from that country, * foreign corporations who have a permanent establishment in the country, or * corporations deemed to be resident for tax purposes in the country. Company income subject to tax is often determined much like taxable income for individual taxpayers. Generally, the tax is imposed on net profits. In some jurisdictions, rules for taxing companies may differ significantly from rules for taxing individuals. Certain corporate acts or types of entities may be exempt from tax. The incidence of corporate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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