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^ But in a real world, there will be no such change or reduction to the income of government. So the question then becomes the mix of who pays the bulk of the tax. Example. You are pulling $100k a year and put $20k into Super. To not put that money into super, $20k is taxed at 48.5% and...

Seems the fear was unjustified. Only if you are pulling $100k out of your super in its pension phase will there be a 15% tax increase, affecting about 16,000 of the wealthiest. Wealth is concentrated too much in the hands of too few but this I dont agree with. Their super nest egg, be it $2...

Blame Gillard! Oh wait, maybe not on this one. But still, some realism here. The headlines are 500 jobs gone. But the economy creates new jobs everyday with new industry, new companies etc etc. We hear how "jobs are gone" but there's no balance in reporting that new companies/business...

Yeah I have esuperfund. Interesting the clause 14.12 where the fund annual has to state the market value (priced in fiat I suppose) of the fund members assets. Will members have to get (and pay for) annual valuations of assets that are not immediately known, eg property, painting etc? You can...

Thailand they call gold "grow" (which is usually 96.5% pure) and it is measured in baht which is confusing because that's also the name of the currency.

Silver nearly tested that $26.50 but bounce before it did. Still the key resistance point.

^ This all might be true, but if your investment strategy is essentially betting that the global financial system will collapse then I'd suggest the odds are heavily stacked against you.

Well, what value would you put on gold silver in 15 years time? Gold would have to be $US3,750/oz and silver $US67/oz for it to compete with other investments. Stock markets on average double every 10 years. This has been historically true for the past 113 years (going back to 1900). So...

Thanks peeps. Removed from the folder made them look different and a silver color to boot.

First thought they are fakes but perhaps the mint put out some 2010 Lunar Tiger's I'm not aware of? Obviously not made of silver given the price. Just seeing if anyone has a clue about these...

Should be remembered however that if a company has paid $X in dividends it is under no obligation to keep the dividend amount into the future. A company can cut (or cease), hold steady or increase the dividend it pays to shareholders pretty much whenever it likes. Term deposits on the other...

Dividend Yield is the dividend paid by the company over the last year to shareholders divided by the current share price. Eg. If the share price is $1 and the company paid 10c in dividends over the last year, it would be 0.10/1.0 = 10%. So 10% would be dividend yield but it is often written a...

Pawn brokers & second hand dealers are subject to this. Every purchase they make for an item in their shop must record the ID of the seller. But a buyer from the pawn broker doesnt have to give ID etc. I believe in some states/jurisdictions there's also an embargo of 30 days or so on the...

Disturbing that by market cap 4 of the biggest 5 companies in Australia are banks. 1. Commonwealth Bank Australia 2. BHP Billiton Ltd 3. Westpac Banking Corp 4. ANZ Banking Group 5. National Australia Bank Ltd

^ You will find that in the ASX50 most will pay a dividend, then in the ASX100 about half, then ASX200 some will pay a dividend and by the time you get to the All Ords index only a few will pay. As for finding a table of it, not sure, good luck hunting !

Could be worse, 60% unemployment in Spain for the under 25's, and over 26% unemployment rate. Greece has similar rates to Spain. The Eurozone has 12% unemployment and rising. Ouch.

You can use your credit card as a debit card. When the balance is zero and say $5k credit, just transfer $1k or whatever you want to your card, so it goes into debit. Then you can pay for the airline tickets, car rental or whatever than you have to use a credit card to pay for. You never have...

Gotta love the Monday morning coaching from the likes of Pascoe. He makes mention that over the past 20 months you'd have done better to be in high yielding bank stock than gold. And with hindsight that's great, also if I had bet on red on roulette 4 times in a row last week at the casino I...

For what's made to be a "coin" it must be legal tender. If what's made is not legal tender it is then just a round, medallion or whatever you'd like to call it. Also if its a coin, to copy it is counterfeit but to copy a round would only be a breach of intellectual property/copyright.

Yeah the Italians are complaining that the cash (aka tax avoiding) ways of the past are harder to maintain. By law now a receipt has to be issued for every sale. Cumbersome and really peeves them off that they will have to pay tax!