Cuts to the Baby Bonus – In the Mid-Year Economic and Fiscal Outlook (MYEFO) released today, the government predicted a slim $1.5 billion surplus in 2012/13, compared with its previous $3.5 billion forecast in the May Budget. It also said this financial year’s deficit would be a larger $37.1 billion shortfall than the $22.6 billion [...]
Tags: Baby Bonus, budget
Posted in Money, Politics
Unemployment To Drop To 4.5 Percent – Treasury believes the budget is on track to return to surplus as promised, pencilling in an underlying cash balance of $3.1 billion in 2012-13, up from the May budget forecast of $1 billion, and marginally down from the pre-election forecast of $3.5 billion. Advertisement: Story continues below The [...]
Tags: 1 Billion, Advertisement, budget, Business Investment, Cash Balance, Economic Growth, economy, household, Swan, Treasurer Wayne, Treasury, unemployment rate, Wayne Swan
Posted in Money
Brumby Promises More Police For Victoria – Almost 2000 extra police have been promised for Victoria by the Brumby Government in a $673 million budget splash. The biggest single one-off boost to police numbers in Victoria’s history will be made over five years.
Tags: budget, Economic Management, Extra, Frontline, Global Financial Crisis, Mr Brumby, New Generation, Office Workers, Opposition, Pledge, Police History, Police Numbers, Police Office, Police Officers, Promise, Single One, Victoria Government, Victoria Police
Posted in Politics
Government To Release Henry Tax Review – The biggest review of Australia’s tax system in more than 60 years will be released within two months. Treasurer Wayne Swan announced on Sunday the much-anticipated Henry tax review would be made public by the time the budget is delivered on May 11.
Tags: Abc Television, budget, Cutting Company, Decade, Firm Commitment, Incentives, Ken Henry, Motorists, Mr Henry, Mr Swan, Opposition Claims, Resource Firms, Secret Agenda, Swan, Tax Returns, Treasurer Wayne, Treasury Secretary, Wayne Swan, Welfare, World War Ii
Posted in Money
Yes, It is official now that federal government is closed Tuesday Feb 9, 2010, according to OPM.gov. Obviously, the federal government is closed on Tuesday not because of its budget, but because of the big snow storm. We were just barely able to get on the opm.gov website and saw the notice. A notice on [...]
Tags: Absence, budget, Emergency Employees, Emergency Government, Federal Government Operating Status, Government Employees, Heavy Traffic, High Volume, Opm Gov, Snow Storm, Time Employees, Washington Dc Area, Work Schedules, Workday
Posted in General
No Comments