If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges.
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Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Tax breaks for super favour the wealthy 30 January 2009
The Treasury yesterday released figures on the amount of tax concessions handed out by the federal government in 2007-2008. Superannuation was the biggest beneficiary accounting for $30 billion of the total $73.7 billion in tax breaks, sparking accusations that the system was biased.John Freebairn, an economist from the University of Melbourne said "it was an incredibly inequitable system" as in some instances it provided "bigger tax breaks than investing in your home" for some individual’s on higher tax brackets.Given that the tax arrangements under the Henry tax system were unlikely to be reviewed, Freebairn said that the best method of remedying the situation was by implementing changes to the contributions tax based on each individual’s personal income-tax level.
