Australian Budget redirects 'boom' funds
                   
offtopicz.com     May 13, 2008            

The Federal Treasurer, Wayne Swan, says Labor's first Federal Budget in 13 years is tough but fair and aimed at restoring the balance in favour of low to middle income earners. Mr Swan says the Budget, which forecasts a surplus of $21.7bn (1.8 per cent of GDP), prioritises easing the cost of... [read full story]                    


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Australia to sign up to anti-torture treaty (ABC)

yahoo.com     37 mins ago   3 related          

The Federal Government is moving to ratify an optional protocol to the United Nations Convention Against Torture and is also considering bringing in legislation to formally outlaw it in Australia. Attorney-General Robert...                    

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Swan flags super reform

yahoo.com     1 hr ago   5 related          

Federal Treasurer Wayne Swan says streamlining the pension and superannuation systems is a key component of the Federal Government's plan to streamline the economy. Mr Swan told delegates at a national finance conference on the...                    

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Jobs spike unlikely to stop rate cut

yahoo.com     15 hrs ago   1 related          

Thursday August 7, 2008, 4:51 pm An unexpected surge in the number of full-time employees last month is unlikely to stand in the way of an interest rate cut, economists say. New government data showed full-time employment...                    

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Auto Affordability Best in 28 Years Comerica Bank Chief Economist Reports (PR Newswire)

yahoo.com     18 mins ago   3 related          

Thursday August 7, 6:15 pm ET DALLAS, Aug. 7 /PRNewswire-FirstCall/ -- The purchase of an average-priced new vehicle took 23.1 weeks of median family income in the second quarter, according to the Auto Affordability Index...                    

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