Excess Private Health Insurance Refund or Reduction

Changes in the Tax system have resulted in many people losing part of the 30% Rebate on Private Medical Insurance premiums.

Those singles with an income of over $84,000 in the 2012-13 tax year, are now only eligible for up to a 20% rebate on those premiums.

The problem is … Read the rest

Median Wage in Australia 2012

2012 Median Wages in Australia.

In May 2012 the Median weekly total cash earnings for all full-time adult employees was $1,261.00. ($65,572 pa)

Estimations for Median Male and Female weekly total cash earnings for all full-time adult employees are:

Male: $1,350 per week ($70,214 pa)
Female: $1,125 per week ($58,511 … Read the rest

Australian Median Wage 2012

2012 Average Median Wage in Australian.

In May 2012 the Median weekly total cash earnings for all ADULT full-time employees was $1,261. (A$65,572 per year).
This figure was $1,250.00 for all full-time employees, including non-adult.

In May 2012, the average weekly total cash earnings for all employees was $1,122.60 and … Read the rest

Financial Stress changes in Australia 2001 to 2008

The Household, Income and Labour Dynamics in Australia (HILDA) Survey is a nationally representative panel study of Australian households.

The study was commissioned, and is funded by, the Australian Government Department of Families, Housing, Community Services and Indigenous Affairs (FaHCSIA) and is managed by the Melbourne Institute of Applied Economic … Read the rest

Milk Price War in Australia

The term “Milk Price War” has been mentioned many times since the two main supermarkets began to discount their Milk prices.

Even the Australian Parliament got involved … this was one newspaper headline in February 2011

PARLIAMENT will investigate a milk price war after concerns the major supermarkets are attempting … Read the rest

Average Wages in May in each Australian State

Seasonally Adjusted Male Full Time average weekly Total earnings, for each State in Australia, for May in each of the last three years.

State May-2011 Annual Rise May-2010 Annual Rise May-2009 NSW $1,468.60 3.48% $1,419.20 5.38% $1,346.70 VIC $1,407.20 2.69% $1,370.40 5.67% $1,296.90 QLD $1,456.70 4.81% $1,389.90 6.03% $1,310.80 SA
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