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Australian Economy

This tag is associated with 2 posts

Tax On Diesel (2008)


There has been much debate recently about tax on diesel.  This tax was introduced to fund the infrastructure for natural gas, but this infrastructure has never happened.  So the question arises: why do we still pay the tax. When diesel first became popular, it was because it was cheaper.  It was cheaper, because it is … Continue reading

Westpac and National Home Interest Rates Rise (2008)


Westpac have raised their interest rates yet again.  The Sydney Morning Herald reported that the bank had raised its rate to 9.37%, following the National bank’s rise to 9.36% on Wednesday. The fact that they went higher than the National seems to be an invitation for the other major banks to get on the bandwagon … Continue reading

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