The changeover to decimal currency in 1966 created a massive amount of work for the ATO. In NSW alone, staff manually converted 200,000 accounts worth $450 million.
- Default fund search for term
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The super fund an individual's employer pays their super guarantee payments into if they do not nominate a specific super fund.
- Dependant search for term
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A person whom an individual looks after and who needs their financial support, such as a child.
- Dividend search for term
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A share of a company's distribution paid to a shareholder.
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Fact 22
Return
The net amount an individual receives from an investment.
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