Financial Topics
Opes Prime Collapse Result
Monday, September 28th, 2009Find Out The Opes Prime Collapse Result - How Much Did The Creditors Get..
Federal Budget 2009 - Winners and Losers
Thursday, May 14th, 2009Here is a gist of the winners and losers in Budget 2009:
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Budget 2009 - First Home Buyers Boost
Thursday, May 14th, 2009Back in 2000, the Federal Government announced a $7000 first home owners grant to help the first home buyers enter the property market. In 2008, the Federal Government announced a $7000 first home boost - So since 2008 September buyers of an established home/apartment receive $14,000 and buyers of a new home/apartment receive $21,000. This [...]
Budget 2009 - Tax Cuts
Thursday, May 14th, 2009Last year the Government promised a two part personal income tax cuts. The second part of this tax cuts was due to be announced in this budget. There was a lot of media speculation that the Government will scrap these cuts - but the Government kept its promise. The tax cuts were announced in budget [...]
Budget 2009 - Changes To Private Health Insurance Incentives
Thursday, May 14th, 2009To reduce burden on public health system and to encourage more people to take up private health insurance the Government currently provides us with a 30% rebate on the premium paid and fines the high income earners who don’t take up private health insurance with a medicare surcharge.
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Budget 2009 - Paid Parental Leave
Thursday, May 14th, 2009Budget 2009 has a bright spot for would-be parents - From 2011, the primary carer will receive paid parental leave. To be eligible for the parental leave, the primary carer has to be earning less than $150,000 - so if a mum is a primary carer then she has to be earning less than $150,000 [...]
Budget 2009 - Changes To Superannuation
Thursday, May 14th, 2009A couple of significant changes to superannuation were announced in the 2009 budget. The first one was the reduction in superannuation caps (for concessional superannuation contributions). The second was the reduction in co-contribution amounts. Here is my detailed review about these changes and how they will affect us:
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Budget 2009 - For Carers
Thursday, May 14th, 2009The carers are winners in the budget 2009. Those who receive a carer payment will receive the pension increases of $32.49 a week for singles.
Also ,a permanent carer supplement of $600 a year will be introduced for carer payment recipients and an extra $600 a year for carer allowance recipients for each person in their [...]
Budget 2009 - Pensioners & Pension Age
Thursday, May 14th, 2009On May 12th, Wayne Swan, our federal treasurer, delivered 2009 Federal Budget. In a series of posts I am going to write about how this budget will affect us all.
Aged Pensioners
Single aged pensioners will receive $32.49 more a week; couples will get an extra $10.14. 2009 Budget replaces the current pension incomes and [...]
ATM Fee Charges and How To Avoid Them…
Monday, May 4th, 2009If you use an ATM that is not owned by your bank then you will be charged a hefty ATM fee. The ATMs not owned by your bank are called foreign ATMs. When you use these ATMs, the fee that will be debited from your account will be displayed on the screen. You will [...]
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