If the variable rate were to increase uniformly by 0.9 per
cent per year for the next five years, one would still be slightly better off with the variable rate mortgage (assuming that half of the annual rate increase starts now).
Since 2012, the leaving rate has remained at around three per
cent per year for both primary and secondary schools.
Their departments are among the first ministries to agree cuts of 8 per
cent per year for the next four years.
Business taxes also got some respite, as the chancellor announced plans to cut corporation tax by one per
cent per year for the next four years, bringing it down to 24p in the pound.
Campbell says you can buy a stamp collection rider for about 40
cents per year for each $ 100 in appraised value.
Not exact matches
IBT Education has reported a five
per cent drop in net profit to $ 14.1 million
for the half -
year to December 2005 but has forecast strong profit growth in the current six - month period.
Best Buy Co. said comparable store sales dipped 0.8
per cent for the nine weeks ended Jan. 4, but that was better than the 1.7
per cent decline in the prior -
year period.
Nanos Research, which conducts a weekly survey
for Bloomberg, found that almost a quarter of respondents at the end of September said their personal financial situation had worsened over the past
year, compared with about 20
per cent in early August.
Yet the Prime Minister's Office appears to think an economy that has been growing at an annual rate of around three
per cent for nearly a
year is too weak to absorb interest rates that still are near record lows.
-- Net debt ballooned to $ 269.2 billion
for the
year ending March 31 from $ 252.1 billion the previous
year, leaving a debt - to - GDP ratio of 38.9
per cent, which is expected to grow to 40.3
per cent next
year.
This was ahead of analysts» expectations
for 26
cents, according to Thomson Reuters I / B / E / S, but down from $ 1.09
per share a
year ago, when a buoyant stock market boosted investment returns.
New vehicle sales in Western Australia registered a slight increase in March compared with the same month last
year, while sales
for the 12 months to March were up 5.3
per cent on the prior
year, according to the latest data from the Federal Chamber of Automotive Industries.
The 0.4
per cent growth rate
for the gross domestic product, the economy's total output of goods and services, was the weakest quarterly performance in almost two
years and followed a much faster 3.1
per cent increase in the third quarter.
Shares in scooter manufacturer Vmoto have dived 20
per cent today after the company announced on Friday it expected to record a $ 2.24 million loss
for the first half of the 2011 financial
year.
Chinese direct investment in the European Union jumped by 77
per cent last
year to more than 35 billion euros (US$ 38 billion), compared with 2015, while EU acquisitions in China fell
for the second consecutive
year, according to the Rhodium Group.
Henderson - based contractor Civmec lifted profit to $ S10.4 million ($ A10 million)
for the first half of the financial
year, up 59
per cent, on the back of a big surge in revenue.
Neither existed in Germany or the Netherlands just a few
years ago, but they now account
for 17
per cent and 32
per cent of their respective markets, the analysis firm says.
A «currently discussed» option is
for first home buyers to receive interest rates at two
per cent below the standard variable rate
for up to two or three
years.
In Ontario,
for example, around 82
per cent of 18 - to 29 -
year - olds consumed alcohol in 2015, according to a report from equity research firm Cowen and Co..
This was ahead of analysts» expectations
for 26
cents, according to Thomson Reuters I / B / E / S, but down from $ 1.09
per share a
year ago, when a buoyant stock market boosted...
In July, the Bank of Canada estimated that 47
per cent of residential mortgages with the Big Six banks will be up
for renewal in less than a
year, with another 31
per cent due in the next one to three
years.
Motor vehicles sales in Western Australia
for the
year to November are down 8.5
per cent on the same period last
year, with sports utility vehicles the only part of the market that held up.
Industrial hardware and parts supplier Coventry Group has announced a net profit of $ 19 million
for the
year ended June 30, lodging a 6
per cent increase in revenue to push it back into the black.
About 70
per cent of mortgages in Canada are fixed rate, with the majority of those loans set
for five -
year terms.
MGM Resorts,
for example, agreed to pay employees an extra 35
cents per hour in the first
year of the contract, 50
cents more in the second
year and an additional 55
cents in the third.
Last
year, the Bank of Canada estimated that 31
per cent of residential mortgages with the Big Six bank lenders are up
for renewal in the next one to three
years.
Car dealers in Western Australia will be hoping
for a pickup this
year, after the release of data showing a 7.9
per cent fall in new car sales in 2015 in WA, while the rest of the nation reported its best
year on record.
NICK Tana's Australian Fast Foods, which runs the Chicken Treat and Red Rooster food chains, has reported a strong 48
per cent increase in net profit to $ 5.6 million
for the
year to June 2005.
Budget cuts not possible - Buswell The state government's economic policy was in tatters last night after Treasurer Troy Buswell conceded he would not achieve the controversial 3
per cent cuts expected to pay
for election promises in this
year's budget.
End - of - financial -
year specials failed to maintain May's positive tone on new car sales
for Western Australia, with numbers
for June down 5.5
per cent as the financial
year ended with a whimper.
Waste management and industrial services company Toxfree has reported a 33
per cent jump in net profit to $ 10.5 million
for the first half of the financial
year.
Adjusted income from continuing operating activities
for the quarter totalled $ 78.7 million or 33
cents per share in the quarter, down from $ 84.7 million or 35
cents per share a
year earlier.
CREA said Friday the level of sales activity marked a four -
year low
for the month of March and was seven
per cent below the 10 -
year average.
Since introducing its pods
for the Keurig system last
year, he said Starbucks has captured 15
per cent of the market.
Mobile banking was the route of choice
for 17
per cent of those surveyed, up from five
per cent four
years earlier.
For the full
year, Quebecor earned a profit attributable to shareholders of $ 369.7 million or $ 1.53
per share in 2017, up from $ 194.7 million or 80
cents per share in 2016.
On an adjusted basis, Restaurant Brands, which also owns Burger King and Popeyes, says it earned 66
cents per share
for the quarter, up from 36
cents per share a
year ago.
For instance, business spending on research and development has actually dropped to 0.89
per cent of gross domestic product in 2011 from 1.29
per cent 10
years earlier.
Metrolinx said a regional increase in the HST to 14
per cent from the current 13
per cent would bring in $ 1.3 billion a
year from taxpayers in the region, after deducting $ 105 million in tax credits
for lower - income households.
«Compensation went up
for every single executive save one on a
year - over-
year basis and shareholders saw an 80
per cent decline.»
Cannabis oil sales accounted 23
per cent of Canopy's revenue
for the latest quarter, compared to 13
per cent in the same period a
year ago.
Construction services outfit Global Construction Services has increased profits by more than 10
per cent for the
year to June 30, climbing above $ 10 million despite a softening construction market especially in the residential segment.
If these increases occur, this will be the sixth consecutive
year in which Telus has increased its divided by 10
per cent or more in what Entwistle calls a multi-
year dividend growth program, which remains a priority
for the company.
Perth - based IT firm ASG Group posted a near - 3
per cent fall in first - half profit but maintained its revenue guidance
for the full
year.
The number of applications
for university places this
year has fallen by 25.4
per cent in Western Australia, as a result of the change 12
years ago in the school starting age.
For the first quarter of its fiscal
year 2017, which ended March 3, the company reported quarterly earnings
per share of 94
cents (non-GAAP) and revenue of $ 1.68 billion.
Local miner Sandfire Resources has delivered its first - ever fully franked dividend to shareholders, despite an 11.7
per cent slide in net profit to $ 69 million
for the financial
year.
Perth - based contractor SRG says it expects a 50
per cent uplift in underlying profit before tax
for the 2016 financial
year.
Monadelphous Group says it will be looking to reduce costs to weather the current market conditions, with the company announcing a 23.6
per cent slide in net profit
for the 2015 financial
year, to $ 105.8 million.
This
year's awards are open to all Australian business women that meet the entry criteria in the following categories: * Westpac Group Business Owner Award (owners with a 50
per cent share or more in a business, with responsibility
for key management decision making); * Australian Government Private and Corporate Sector Award (employees in the private and corporate sectors, or owners with less than a 50
per cent share of a business); * Hudson Community and Government Award (employees of government departments, statutory bodies and not -
for - profit organisations); * Panasonic Young Business Women's Award (women aged 30
years and under, with any of the above criteria).