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Australian government debt does not take into account government funds held in reserve within statutory authorities such as the Australian Government Future Fund, which at 30 September 2016 was valued at $122.8 billion, [5] and the Reserve Bank of Australia. Nor is the net income of these statutory authorities taken into account.
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
Australia: 49.6 55.702 34.6 ... Money portal; List of countries by future gross government debt; List of sovereign states by tax revenue to GDP ratio;
There is more debt in the world than there is money in circulation. [9] The ratio of total debt to money supply ranges from 1.7 in Japan and Switzerland to 4.7 in Denmark and Iceland. The ratio for the world total is 1.8, according to the above table. A high ratio of public debt to money cannot be sustained, according to some models. [10]
The 6 Smartest Things to Do With Your Tax Refund 7 Ways Fraudsters Are Trying to Scam People in 2024 This article originally appeared on GOBankingRates.com : 5 Common Reasons You Might Owe Taxes ...
As of April 2016, the amount of money owed to the Australian government under the HECS scheme was AUD$60 billion and is expected to increase to $180 billion by 2026. [6] HELP is jointly administered by the Australian Department of Education, Skills and Employment and the Australian Taxation Office (ATO). [7]
Here's how much money the average American owes According to research from The Motley Fool Ascent, Americans collectively owed $17.796 trillion as of the second quarter of 2024.
That financial budgeting app you dutifully follow gives a snapshot of your finances but maybe not the big picture. Just because you stay on budget and even have money left at the end of the month...