So, that’s the easy part out of the way. After weeks of flip-flopping by our newest Senators, 60 hours of debate, a few amendments and a lot of confusion, the carbon tax has finally been repealed. And the nation now finds itself plunged into a fresh round of confusion over what it will all mean for the average household. The […]
read more>If you didn’t know any better, you’d assume from the blanket coverage of interest rate movements that everybody in the country has a mortgage and we’re all desperate for rates to go down, down, down. But the reality is that about one-third of Australians – many of them FiftyUps – have paid off their mortgage. If that’s you, you may […]
read more>Some of you noticed, some of you didn’t. But a couple of weeks ago on July 1, your power bill went up. In Queensland, it went up by an average of almost $200 a year. Australia gave Tony Abbott a mandate last September to abolish the Carbon Tax on the basis it would reduce our power bills. Clive Palmer has now […]
read more>Is Today the Day? The latest news reports the Senate is working through proposed amendments to the carbon tax repeal bills and is likely to vote before 2:00pm eastern time. Since Clive Palmer’s spectacular double back-flip on the Carbon Tax, it’s been impossible to work out what will happen next. It was only two weeks ago that Palmer announced, alongside Al Gore, that […]
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