Venture capital: financing growth

Article Abstract:

Venture capital companies provide economic growth in Australia. Money is provided for new companies as well as for management buyouts. Companies which receive venture capital in Australia between 1992 and 1996 had employee growth reach an average of 20% compared to growth of 2% for the top 100 Australian firms and had sales growth reach an average of 42% compared to 6% for the top 100 Australian firms.

Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, Services

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The new tax package: measuring up?

Article Abstract:

A new tax package has been passed in Australia. The goods and services tax base is 12.5% because of the partial exclusion of food. With broader exclusions, other taxes will remain in place. Income tax reductions have also been decreased for individuals who earn over $50,000 Australian each year.

Public Finance Activities, Tax Administration, Tax policy

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