Concerns over the impact of flooding in Queensland and Victoria on economic activity and prices have clouded an otherwise positive start to 2011 for the Australian economy, leading the Reserve Bank of Australia (RBA) to again leave the cash rate unchanged at 4.75% in February. The consumer price index (CPI) rose by 0.4% in the [...]
When you take out insurance, there are three ways you can pay your premiums: A level premium based on your age when your cover commences. Your premiums will only vary if a change is made to the actual premium rates. A stepped premium that increases as you age. A decreasing cover where your premium stays [...]
Geoffrey Newman, Wealth editor From: The Australian March 01, 2011 12:00AM CANBERRA will relax the annual caps on super contributions by older Australians but yesterday said it would not index the new thresholds for inflation, prompting accusations it was undermining its own policy. The government announced last year it would maintain higher caps on concessionally [...]
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