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Amendment History of Acts Interpretation Act 1901 SEC 15

Submitted by exfacie on Wed, 01/26/2011 - 16:33

The original version of the Acts Interpretation Act 1901 2 contained no subsections for Section 15, only the following text:

15. Every Act amending another Act shall, unless contrary intention appears, be construed with such other Act and as part thereof.

This section remains unchanged. Section 15A first appeared by way of Acts Interpretation Act 1930 23 and was modified by way of Acts Interpretation Act 1937 10. Section 15A has not been modified since this time. As of January 2011, Section 15A is defined by the following text:

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Are You Ready to Rumble? (Martin Armstrong)

Submitted by exfacie on Sun, 01/16/2011 - 21:49

The first newsletter published by Martin Armstrong for the year 2011 is entitled, "Are You Ready to Rumble?". It is a commentary and analysis of some of the major markets and currencies in the world. Notably, there are two pages dedicated to the Australian share market (All Ords) and the Australian dollar. His analysis is bullish for both the Australian All Ords and the Australian dollar. The confidence turning point of mid-June appears to be of significance (according to Armstrong).

On the All Ords:

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A Brief History of Currency Debasement in Australia

Submitted by exfacie on Sun, 01/16/2011 - 16:42

In 1910 the first Australian coins were minted. Prior to this time the colonies of Australia used British money for commerce and trade. Since then the country has a long and unenviable history of currency debasement. The following timeline is a list of significant events in the history of Australian money.

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$100+ Reduction in the Medical Expenses Tax Offset Benefit

Submitted by exfacie on Sun, 01/16/2011 - 15:54

A nasty little 'nickel and dime' act by the federal parliament late last year. The implication of Schedule 5 of the Tax Laws Amendment (2010 Measure No. 4) Act 2010 is that the Act:

  • introduces indexation to the Medical Expenses Tax Offset (starting fin. year 2011/12), and
  • Increases the claim threshold from $1,500 to $2,000 (in the current fin. year of 2010/11).

This means those who incurred medical costs in this financial year of $1,500 or more will be $100 worse off.   References

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