Sunday 14 October 2007

Did you know?

* The Howard Government is reputed to be the highest taxing federal government in Australia's history.
Annual tax receipts now stand at about 25% of Gross Domestic Product (GDP).
With the Goods and Services Tax (GST) introduced by John Howard being paid by everyone, including pensioners and the unemployed who otherwise might not have a taxable income.

* Household savings were the highest and national unemployment figures the lowest under the Whitlam Government.

* The 2004-05 financial year saw Australia reach a record balance of trade financial deficit of $24.5 billion and last financial year's balance of trade deficit was $16.5 billion.

* Between 1999-2005 95% of the increase in Australia's energy production was from non-renewable energy sources and total renewable energy production fell by 6% during the same period.

* According to the Australian Government Antarctic Division most ice-shelves fringing the Antarctic Peninsular are showing signs of decline due to climate change.

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