What do most australian invest in?
Australians have long had a reputation for being astute investors, often favouring strategies that balance long-term stability with the potential for steady growth. While individual portfolios vary, several investment choices dominate the landscape, shaped by cultural values, government policy, and economic opportunity.
What Would Happen if Australia’s GST Jumped to 15%?
Australia’s Goods and Services Tax has remained at 10% since its introduction in 2000, but from time to time the idea of increasing it surfaces in political and economic debates. Raising the GST to 15% would mark one of the most significant changes to the nation’s tax system in a generation, and its effects would ripple far beyond the Treasury’s balance sheet.