|
Australian Federal Budget
An Australian federal budget is a document that sets out the estimated revenues and expenditures of the Australian Treasury in the following financial year, proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. Budgets are called by the year in which they are presented to Parliament and relate to a financial year that commences on the following 1 July and ends on 30 June of the following year, so that the budget brought down in May relates to the / financial year (1 July – 30 June , FY). Revenue estimates detailed in the budget are raised through the Australian taxation system, with government spending (including transfers to the states) representing a sizeable proportion of the overall economy. Besides presenting the government's expected revenues and expenditures, the federal budget is also a political statement of the government's intentions and priorities, and has profound mac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Treasury
The Treasury, fully Department of the Treasury, is the Australian Government ministerial department responsible for economic policy, fiscal policy, market regulation, and the Australian federal budget. The Treasury is one of only two government departments that have existed continuously since Federation in 1901, the other being the Attorney-General's Department. The most senior public servant in the Treasury is the department secretary, currently Steven Kennedy who was appointed in September 2019. Ministerial responsibility for the department lies with the Treasurer, currently Jim Chalmers who took office in the Albanese government in May 2022. History The Australian Treasury was established in Melbourne in January 1901, after the federation of the six Australian colonies. In 1910, the federal government passed the ''Australian Notes Act 1910'' which gave control over the issue of Australian bank notes to The Treasury and prohibited the circulation of state notes and withdr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1996 Australian Federal Election
The 1996 Australian federal election was held to determine the members of the Chronology of Australian federal parliaments, 38th Parliament of Australia. It was held on 2 March 1996. All 148 seats of the Australian House of Representatives, House of Representatives and 40 seats of the 76-seat Australian Senate, Senate were up for election. The centre-right Coalition (Australia), Liberal/National Coalition led by List of Australian Leaders of the Opposition, Opposition Leader John Howard of the Liberal Party of Australia, Liberal Party and coalition partner Tim Fischer of the National Party of Australia, National Party defeated the incumbent centre-left Australian Labor Party government led by Prime Minister of Australia, Prime Minister Paul Keating in a landslide victory. The election marked the end of the 5-term, 13-year Hawke-Keating Government that began in 1983 Australian federal election, 1983. Howard was sworn in as the new Prime Minister of Australia on 11 March 1996, alo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Quarterly
''Australian Quarterly'' is Australia's longest running political science journal, established in 1929. Its original focus on science policy quickly broadened to encompass a wide range of political, economic, and social issues. From 1929 to mid-1997 the journal was published quarterly. In the latter part of 1997 it switched to a magazine format, changed its name to ''AQ: Journal of Contemporary Analysis'', and began appearing bimonthly. In 2006 it changed its name again to ''AQ: Australian Quarterly'', which it remains; it continues to appear bimonthly. ''AQ: Australian Quarterly'' is published in Sydney, Australia by the Australian Institute of Policy and Science, formerly known as the Australian Institute of Political Science. It is a core journal in the Worldwide Political Science Abstracts database, and issues more than three years old are available online through JSTOR JSTOR (; short for ''Journal Storage'') is a digital library founded in 1995 in New York City. Origina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of Australia
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. The bank's main policy role is to control inflation levels within a target range of 2-3%, by controlling the unemployment rate according to the NAIRU, via controlling the official cash rate. The NAIRU was implemented in most Western nations after 1975, and has been maintained at a target of 5-6% unemployment. The average unemployment rate in Australia between the end of the second world war and the implementation of the NAIRU was consistently between 1-2%. Since the implementation of the NAIRU, the average unemployment rate in Australia has been close to 6%. The RBA also provides services to the Government of Australia and services to other central banks and official institutions. The RBA currently comprises the Payments System Board, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliamentary Library Of Australia
The Parliamentary Library of Australia (or Commonwealth Parliamentary Library) is the library of the Parliament of Australia, administered by its Department of Parliamentary Services. It provides library services to elected officials, namely members of the Senate and House of Representatives, as well as their staff, parliamentary committees, the Governor-General of Australia, and the staff of parliamentary departments. History The library was established in 1901, the year of the federation of the Commonwealth of Australia. Control of the new library was controversial as the fledgling parliament was located in Melbourne where the Victorian premier and the library committee of the State Library of Victoria sought to influence the control and management of the library. From 1923 the library used two names describing the two roles and two collections ''Commonwealth Parliament Library'' which designated the parliamentary collection and ''Commonwealth National Library'' to designate th ... [...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] |
Organisation For Economic Co-operation And Development
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a Forum (legal), forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are High income economy, high-income economies with a very high Human Development Index, Human Development Index (HDI), and are regarded as Developed country, developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of List of countries by GDP (nominal), global nominal GDP (US$49.6 trill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Historical Australian Budget Data1
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opposition (Australia)
In Australian parliamentary practice, the Opposition consists of the second largest party or coalition of parties in the Australian House of Representatives, with its leader being given the title "Leader of the Opposition". The Opposition serves the same function as the official opposition in other Commonwealth of Nations monarchies that follow the Westminster conventions and practices. It is seen as the alternative government and the existing administration's main opponent in the Australian Parliament and at a general election. By convention, the Opposition Leader in the federal Parliament comes from the House of Representatives, as does the deputy, although the Government and Opposition may also both have leaders in the Senate. The Opposition is sometimes styled as ''His Majesty's Loyal Opposition'' to show that, although the group may be against the sitting government, it remains loyal to the Crown (the embodiment of the Australian state), and thus to Australia. The current Op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sky News Australia
Sky News Australia is an Australian news channel owned by News Corp Australia. Originally launched on 19 February 1996, it broadcasts rolling news coverage throughout the day, while its prime time lineup is dedicated to opinion-based programs featuring a line-up of conservative commentators. Sky News Australia is distributed on pay television in Australia and New Zealand, while a free-to-air version of the service, Sky News Regional (which features programming from Sky News Australia and Fox Sports News) is distributed on digital terrestrial television by Southern Cross Austereo and selected WIN Television stations. The channel also operates two spin-off services, Sky News Weather Channel, and public affairs service Sky News Extra (formerly A-PAC). The channel was originally a joint venture between British broadcaster BSkyB (thus making it a spin-off of the Sky News channel in the United Kingdom), Seven Media Group, and Nine Entertainment Co., as Australian News Channel Pt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Broadcasting Corporation
The Australian Broadcasting Corporation (ABC) is the national broadcaster of Australia. It is principally funded by direct grants from the Australian Government and is administered by a government-appointed board. The ABC is a publicly-owned body that is politically independent and fully accountable, with its charter enshrined in legislation, the ''Australian Broadcasting Corporation Act 1983''. ABC Commercial, a profit-making division of the corporation, also helps to generate funding for content provision. The ABC was established as the Australian Broadcasting Commission on 1 July 1932 by an act of federal parliament. It effectively replaced the Australian Broadcasting Company, a private company established in 1924 to provide programming for A-class radio stations. The ABC was given statutory powers that reinforced its independence from the government and enhanced its news-gathering role. Modelled after the British Broadcasting Corporation (BBC), which is funded by a tel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_in_2014.svg "Click for more on -> Gross Domestic Product")
.jpg "Click for more on -> Historical Australian Budget Data1")
