AP: Government Releases Fiscal Policy

Day 387, 23:06 Published in Australia Australia by Vincent Grey

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AP:FINANCE - Federal Reserve Announces Fiscal Policy

NSW: Finance Minister Cottus Acci today released the Government's fiscal policy which is aimed at stabilizing Australia's weakened economy. The new policy includes a new Reserved Retail Pricing system (RRP) to balance Australian goods prices.

Minister Arci says the new policy would allow both companies and consumers to have a good idea on how much items should be valued at.


FULL POLICY RELEASE:
(source Ministry of Finance)

National Budget
The Minister of Finance will liase with the Cabinet Ministers who will request funds and present plans for spending, resulting in an overall budget for each month.

Monetary Market
After only a few days as a bi-region Nation, the MM is beginning to settle somewhat. The National Bank of Australia will regulate the market to ensure Australians are given a fair go when they wish to transfer AUD to GOLD and vice-versa.

The Wage Table
The Wage Table ensures both companies & consumers have a good idea on what wages should be in Australia.

SkillWage
1.00$1.00
1.50$1.85
2.00$2.70
2.50$3.55
3.00$4.40
3.50$5.25
4.00$6.10
4.50$6.95
5.00$7.80
5.50$8.65
6.00$9.50
6.50$10.35
7.00$11.20
7.50$12.05
8.00$12.90
8.50$13.75
9.00$14.60
9.50$15.45
10.00$16.30


The RRP System
The Recommended Retail Price System ensures both companies & consumers have a good idea on how much items should be valued at.

The RRP is not to be taken too literally at this stage, as prices will no doubt be higher than RRP due to the unworkable 5 AUD minimum wage.

But here it is, nonetheless.

Q1 RM
$0.43
$0.45
Q2 RM
$0.86
$0.90
Q3 RM
$1.28
$1.35
Q4 RM
$1.71
$1.80
Q5 RM
$2.14
$2.25

Q1 Food
$0.95
$1.00
Q2 Food
$1.90
$2.00
Q3 Food
$2.85
$3.00
Q4 Food
$3.80
$4.00
Q5 Food
$4.75
$5.00

Q1 Gift
$1.90
$2.00
Q2 Gift
$3.80
$4.00
Q3 Gift
$5.70
$6.00
Q4 Gift
$7.60
$8.00
Q5 Gift
$9.50
$10.00

Q1 Weapon
$4.75
$5.00
Q2 Weapon
$9.50
$10.00
Q3 Weapon
$14.25
$15.00
Q4 Weapon
$19.00
$20.00
Q5 Weapon
$23.75
$25.00

Q1 Moving
$9.50
$10.00
Q2 Moving
$19.00
$20.00
Q3 Moving
$28.50
$30.00
Q4 Moving
$38.00
$40.00
Q5 Moving
$47.50
$50.00

Q1 House
$190.00
$200.00
Q2 House
$380.00
$400.00
Q3 House
$570.00
$600.00
Q4 House
$760.00
$800.00
Q5 House
$950.00
$1,000.00

Q1 Buildings
$1,900.00
$2,000.00
Q2 Buildings
$3,800.00
$4,000.00
Q3 Buildings
$5,700.00
$6,000.00
Q4 Buildings
$7,600.00
$8,000.00
Q5 Buildings
$9,500.00
$10,000.00

-source: Federal Government

END
V.Grey
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