MORTGAGE INTEREST DEDUCTION
An itemized deduction which allows homeowners to reduce the interest they pay on any loan used for building, purchasing, or improving their residence. It can also be taken on loans for secondary homes and vacation residences but with some limitations. The amount of deductible mortgage interest is stated annually by the mortgage company on Form 1098.
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Zero-Rated Goods
Zero-Rated Goods refer to products that do not carry value-added tax (VAT) in countries that use such tax. Most of these goods are food and beverag ...
Recession Resistant
It refers to a company, industry or any other entity which is not significantly affected by a recession.
Idle Funds
Money not invested, thus, not generating interest or investment income. In simplest terms, these are funds not deposited in an interest bearing or ...
Governance, Risk Management and Compliance - GRC
Corporations’ integrated approach to act according to the guidelines set for every category: governance, risk management, and compliance (GRC ...
Regulatory Risk
Regulatory risk is the risk that a change in regulations or laws will impact a business, sector, security or market. Change in laws or regulations ...
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| Time | Country | Indices | Period |
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| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
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| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
