Search results
Results from the WOW.Com Content Network
Australia's net government debt as percentage of GDP in the 2016–17 budget was estimated at 18.9% ($326.0 billion); much lower than most developed countries. [19] The budget forecasted that net government debt would increase to $346.8 and $356.4 billion in 2017–18 and 2018–19 respectively.
The agreement may be incomplete because the parties have failed to reach agreement on all of the essential elements or have decided that an essential matter should be determined by future agreement; [54] [71] The agreement may be uncertain because the terms are too vague or ambiguous for a meaning to be attributed by a court; [72] [73]
The 1927 Financial Agreement, apart from establishing a new grants regime, provided for commonwealth assistance in state debt reduction and, most importantly, established the Loan Council. Henceforth all governmental borrowing, except for purposes of defence, was to be under Loan Council control.
Negotiations between Deakin, Forrest and state premiers produced the financial agreement of 1909, which gave the states per capita grants of 25 shillings annually. [2] Deakin proposed two constitutional amendments at the 1910 ballot to ratify these administrative changes, though the second question was much more pressing than the first.
Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation itself. [1]
NEXTDC's debt syndication follows another capital raising of A$750 million in total announced on Tuesday, comprising a share purchase plan capped at A$200 million and a placement of A$550 million ...
The Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA), signed in 1983, marked a significant step towards bilateral trade agreements, creating a single economic market between the two nations. The 1990s saw Australia engaging in further bilateral agreements, including those with countries in the Asia-Pacific region.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!