Beware of Bankwest – A Message from Unhappy Banking

About 400 angry ex-Bankwest customers say the bank has been colluding with property valuers to force commercial borrowers to default on their loans. The Perth-based bank is facing two potential class actions over the way it re-valued assets and called in the loans of hundreds of its small to medium-sized business clients after a takeover …

Free Baby Bonus or Paid Parental Leave Calculator released on 12/12/2010

This free Baby Bonus or Paid Parental Leave Calculator Excel spreadsheet is developed to assist parents to decide whether they should take the baby bonus or paid parental leave by examining the after tax family income of the two options. Because you can only get either the Baby Bonus or Paid Parental Leave and if …

Free Traditional vs Hybrid Car Purchase Analysis Calculator released on 11/12/2010

This free Traditional vs Hybrid Car Purchase Analysis Calculator is built to help you find out which car you should purchase by examining net present value (NPV) of the two purchase options. You are considering the purchase of a new vehicle. There are two options for the auto acquisition: a traditional gas-powered car or a …

Rich getting richer drives a widening gap between rich and poor

Well-off Australians are getting richer as tax cuts for the wealthy and ballooning salaries for executives drive a widening gap between rich and poor. Two academics studied wages over a ninety-year period and discovered that the top 1 percent of taxpayers earn nearly 10 percent of Australia’s income. Working with Oxford University professor Sir Tony …