For the sake of the long term viability of our banking system the necessary thing to be doing.
So now with first home owners shackled up, foreigners told to stick it, and investors now seeing cash in the bank as most attractive Risk v Reward, just who is going to be buying these Oz Houses?
Ruddprime®™
http://www.theage.com.au/national/budget-cut-to-bank-interest-tax-20100509-ulrx.html
So now with first home owners shackled up, foreigners told to stick it, and investors now seeing cash in the bank as most attractive Risk v Reward, just who is going to be buying these Oz Houses?
Ruddprime®™
http://www.theage.com.au/national/budget-cut-to-bank-interest-tax-20100509-ulrx.html
PETER MARTIN
May 10, 2010
A TAX cut on bank interest to as little as 18 per cent and simple ''one click'' tax returns are two reforms likely in tomorrow's federal budget, which is expected to return Australia to surplus two years earlier than previously projected.
In releasing the government's response to the Henry review a week ago, Treasurer Wayne Swan said he was ''attracted'' to its ideas for making tax time simpler and improving the incentives to save.
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