Letters to the Editor - 03/12 - Heathrow noise, Autumn Statement, Best of...
Heathrow noise [Re: Our innovative Heathrow plan could expand capacity without huge costs, Friday] It’s not clear to me that the author’s suggestions would limit the number of additional residents...
View ArticleTaxes and pension contributions are squeezing workers’ pay
IT WAS meant to be one of the most basic rules of economics: the more people produce, the more they get paid. It is a long-standing, near-universal relationship that helps to explain why some jobs are...
View ArticleBaijiu producer hit hard by mainland China crackdown
Baijiu producer Silver Base's interim loss jumped 335 per cent from the same period last year as it continues to reel from Beijing's drive to check the practice of giving expensive gifts as part of a...
View ArticleBroken promise alters application of Centrelink income test
It has not taken long for the wheels to start falling off the Abbott campaign promise wagon. One of the major promises made was the ironclad guarantee that no adverse changes would be made to...
View ArticleNZ population hits 4.24 million
New Zealand's population is now 4.24 million and is getting older and more ethnically diverse, this year's census has shown. Statistics New Zealand this morning released key census information on the...
View ArticleScott Burns: Guides for a sea change
Most soon-to-be retirees won’t know what they missed. They’ll just know that life seems a lot more difficult for them than for their parents. They won’t know exactly why. So let me tell you about a...
View ArticleScrap death taxes to solve battle of generations
Related Articles Tax threat for buy-to-let 01 Dec 2013 Steep rise in families caught by inheritance tax 25 Nov 2013 Housing boom sparks inheritance tax haul 01 Oct 2013 Will you get a mini-budget tax...
View ArticleEconomists’ propose tax break to ease the burden for struggling two-worker...
Put yourself, this holiday shopping season, in the shoes of a store clerk and his family. Say you earn $11 an hour, which is a bit less than the national average for retail salespeople. And say that’s...
View ArticleSusan Tompor: Detroit retirees facing cuts anxiously await bankruptcy...
After 38 years of working as a clerk at the main branch of the Detroit Public Library, Barbara Yokom retired in April 2012. A little more than a year later, Detroit filed for Chapter 9 relief and...
View ArticleA look at Illinois' pension crisis, proposed fix
CHICAGO (AP) For years, Illinois' multibillion-dollar pension crisis has dragged down the state's finances and jeopardized the retirement funds of hundreds of thousands of public employees. Yet...
View ArticleRetirement management analysts may help boomers with withdrawals
Most soon-to-be retirees won’t know what they missed. They’ll just know that life seems a lot more difficult for them than it did for their parents. They won’t know exactly why. So let me tell you...
View ArticlePuerto Ricans fleeing debt battle
Tax increases, pension cuts and a fall in jobs are part of the strategy to save Puerto Rico from another rating downgrade A cruise ship docks in Old San Juan, the centre for Puerto Rican tourism....
View Article>Key details of decision over Ill. pension crisis
SPRINGFIELD, Ill. (AP) — Illinois lawmakers are convening in the state Capitol for what could be a historic vote to finally close the gap on the state's $100 billion unfunded public pension shortfall,...
View ArticleGovernment Action Plan for Household Debt Relief (Ministry for Foreign...
(Source: Ministry for Foreign Affairs of Iceland) 1.12.2013 The Icelandic government yesterday announced an action plan aimed at reducing the country's housing debt. Firstly, the principal of indexed...
View ArticleStates with the highest minimum wages
The White House recently announced President Obama's support for a Senate bill that would increase the federal minimum wage to $10.10 an hour. While it remains to be seen whether the bill will make it...
View ArticleSelf-employed workers' earnings slump by nearly a third
Middle and lower earners who work for themselves have seen their income fall significantly since the recession began in 2008 There has been a significant rise in rise in the number of people...
View ArticleAndrew Silton: The 401(k) was never intended to be the retirement plan
Americans are painfully aware that they are financially ill-prepared for retirement. Studies show that younger workers aren’t saving enough money and older folks are postponing retirement. Investment...
View ArticleWhat the experts say about Britain's prospects
Six economists give their views on autumn statement DAVID BLANCHFLOWER Former member of Bank of England monetary policy committee Over the three quarters from the last quarter of 2009 to the second...
View ArticleCoalition push to dump low-income super policy to hurt workers in Nationals'...
Federal National Party leader Warren Truss. Workers in his seat could be hit by a Coalition bid to dump the low-income superannuaton contribution. Photo: Alex Ellinghausen The Nationals may be...
View ArticleWithdrawal of council tax support leads to 30% increase in court proceedings
Councils that passed on government's cut to means-tested council tax relief report doubling in rate of liability orders sent to non-payers See a Google Map of the figures from each local authority...
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