[DoF] Outlook.

Day 3,131, 14:24 Published in Australia Australia by Reserve Bank of Australia


G'day,

It may be another relatively quiet month for Finance. I don't expect any economic changes to go live until next term, and we may not get any of the finer detail until later this term at the earliest.

Once those details come in, I will work on some education articles, especially on company placement.



When we have a clearer picture of the shape of the new economy, I will establish a productivity commission, made up of any eAustralian citizen in participating, whether they be government, economists, business owners, consumers, employees, MU commanders with or without supply communes, soldiers, or mythological beings who live under bridges.

eAusProdCom will look at all aspects of the changes; what we have, and what we need to thrive, whether it be combining bonuses with neighbours via rentals, tax rates, or loans and stimulus.



Last Term's Report:

With most of the focus on the craziness that was the Resource Wars, finance was pretty quiet. There wasn't much sense tweaking a system that was about to change, and I for this reason I also decided to put the Boss Bucks, or ideas about restarting the Tank Bank, on hold. They may need to be reworked after the changes.

Nathan Hill took on the job as a rookie, and dutifully tallied the books and collected the rent. He's been busy with exams the past couple of weeks, so I've decided to post his final balance sheet here:



Despite having most of our territories occupied, we still did well tax wise, likely because of the extra market activity, as well as the rising average wage, and averaged just under 4K a day. We had no agreements with TW partners for tax credits like we usually would, but given the effort put in by all countries in both fighting and combat orders, I think we definitely got value above whatever extra tax we might have otherwise earned.

This Term's Forecast:

This term we're looking well on track for another healthy budget surplus, maybe 100K, based on the MPPs we're currently looking into. Most days we've been netting at least 5K in tax, with an average of 5.5K.

The local goods and job markets seem globally competitive with a fairly good balance of local production, local traders, and imports.

I've also been again using government orgs for low risk Monetary Market trading, although the market seems slow at present. First round I netted $400. Could be most people are holding onto their money and gold and waiting to see what happens next.



Dread Pirate Hobbits
(The Ship's Bursar formerly known as Gudzwabofer)
eAustralian Minister of Finance.