Technical Tips & Resources
Resources
- Interest Rates 2009 Download
Government Securities Interest Rates for the calculation of present values as at 30 June 2009. - Interest Rates 2008 Download
Government Securities Interest Rates for the calculation of present values as at 30 June 2008. - Interest Rates 14 March 2008 (Queensland amalgamations) Download
Government Securities Interest Rates for the calculation of present values as at close of business 14 March 2008. - Interest Rates 2007 Download
Government Securities Interest Rates for the calculation of present values as at 30 June 2007. - Interest Rates 2006 Download
Government Securities Interest Rates for the calculation of present values as at 30 June 2006. - Interest Rates 2005 Download
Government Securities Interest Rates for the calculation of present values as at 30 June 2005. - Interest Rates 2004 Download
Government Securities Interest Rates for the calculation of employee benefits as at 30 June 2004. These interest rates also apply for the calculation to be made under Australian International Financial Reporting Standard AASB 119 - the AASB has decided that a"deep corporate bond market" does not exist in Australia, and government securities interest rates must therefore be used. - Interest Rates 2003 Download
Government Securities Interest Rates for the calculation of employee benefits as at 30 June 2003. - Interest Rates 2002 Download
Government Securities Interest Rates for the calculation of employee leave entitlements as at 30 June 2002. - Interest Rates 2001 Download
Government Securities Interest Rates for the calculation of employee leave entitlements as at 30 June 2001. - RatePegging.xls Download
We have prepared a chart that compares rate pegging increases since December 1983 to CPI and other indices. This chart will be periodically updated, and was last updated 17 May 2007. As a free service to the industry, we would be pleased to customise our chart to include the actual rate charges adopted by your Council, upon request by email. - RFS Assets (RFS.pdf) Download
There is much debate whether RFS assets should be recognised or not. We'll pass on this - discuss it with your Auditor. BUT, if you choose not to recognise, we set out the procedures and the appropriate disclosures. (PDF format, 143 kb)
Interest Rates for Present Value Calculations
Other Resources
Assessing Investment Risks
Our dislike of CDOs for Council investments has been known in the industry for some time.
This has entirely been on the basis that we feel local government officers should be too busy
to spend the time fully researching such complex investment products. We don't claim any
prescience in relation to the US sub-prime mortgage market melt-down.
Here's a quick and reliable guide to assessing the risks inherent in an investment.
The risks are ALWAYS there. Download
WOULD YOU BELIEVE ......
Councils are more "efficient" than State Government Departments! Smaller Councils are more "efficient" than larger!An assignment we undertook for the Independent Inquiry into the Financial Sustainability of Local Government (NSW) adapted NSW Local Government figures for the "corporate overhead percentage" calculation used in assessing the efficiency of State Government Departments.
Our report has now been posted on the Inquiry's website - www.lgi.org.au - or download the Executive Summary or Full Report here. Executive Summary or Full Report
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