Investing In International Property – Opening An Overseas Bank Account

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The Bank stated that it’s going to ‘look through’ the impact inflation as a result of the grow in GST, the Emissions Trading Scheme, plus other related tax fluctuates. The Bank forecasts that however another 2.7% tend to be added to inflation considering these former factors, more than Consumer Price Index crowning at 4.8% in June 2011. Taking aside these factors, the underlying inflation rate would be 2.1%.

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