| ABN (n) |
Australian Business Number
A tax number that qualifies you as a business. |
| ATO (n) |
Australian Tax Office
equivalent to the IRS |
| AUD, AUD$, A$ (n) |
Australian dollar
|
| award rates (n) |
minimum standard pay and conditions (pay scale)
|
BAS (n) (pronounced baaz) |
Business Activity Statement
Tax form for figuring your GST payment. |
| bickie (n) |
dollar
|
| bludge, bludger (n) |
person who dodges work
|
| bourse (n) |
stock exchange
|
| brass, brass razoo (adj) |
money
"He hasn't got a brass razoo." |
| CBD (n) |
Central Business District, downtown area of a city
"I've got to go into the CBD." |
| clawback (v) (adj) |
the recovery of funds already disbursed
"The plan would clawback benefits." |
| compo (n) |
worker's compensation
|
| crust (adj) |
wage money
|
| diary (n) |
appointment book or calendar, Day Runner
|
| docket (n) |
receipt, ticket
|
| dosh (n) |
money
"Bring the dosh." |
| drive-away (adj) |
out-the-door price (car dealership)
Price of the car, GST, stamp duty, license, and third party insurance included. |
| EFTPOS (n) |
debit card, Electronic Funds Transfer At Point Of Sale
Can access check or savings accounts by credit or bank card through a terminal in a shop or bank. |
| excess (n) |
deductible (insurance)
"My car insurance has a $200 excess on theft." |
| expression of interest (n) |
a real estate term meaning one is asked to bid on a property
|
| exy (adj) |
expensive
|
| FIRB (n) |
Federal Investment Review Board
|
| flat chat (v) |
very busy, very fast
|
| flat spot (adj) |
an opening in the schedule
"Do you have a flat spot tomorrow?" |
| flick it on (v) |
quick resale
|
| flog (v) |
to sell something
"I'm going to flog off my old Ford Falcon." |
| follow on customer (adj) |
repeat customer
|
| franking credits (n) |
Tax credits for investors on dividends from company profits that have already had taxes paid on them.
Eliminates double taxation: first on company's profits, second on dividends from those profits. A standard stock benefit. |
| gold coin (n) |
$1 or $2 Australian coins (gold-colored)
"Admission to the charity fete by gold coin donation." |
| GST |
Goods and Services Tax
ten percent nationwide |
| imputation (adj) |
way of avoiding double taxation on dividends
See section on franking credits. |
| let off (v) |
to be laid off from a job
|
| long service leave (n) |
a sabbatical
|
| make a quid (v) |
earn a living
A quid is slang for a pound (unit of money in Aus. until 1966). |
| mooted (v) |
suggested
|
| no shortage of oscar (adj) |
having lots of money
|
| outcome (n) (adj) |
results
|
| outgoings (adj) |
expenditures
|
| overtime loadings (n) |
overtime pay
|
| pay rise (n) |
pay raise
|
| PAYG (n) |
payroll withholding tax
Pay As You Go |
| penalty rates (n) |
rates of pay higher than normal rates, for work performed outside normal working hours
|
| pensioner (adj) |
retiree
|
| rationalisation (v) |
To eliminate equipment or staff to make a business more efficient.
|
| redundant (v) (adj) |
laid off from work
"I was made redundant." |
| rort (v) |
to steal, illegally taking advantage of the system (an Aussie tradition)
"The pollies travelling first class on the ratepayers is a rort." |
| sack, to (v) |
to fire someone
"The boss sacked him for taking too many sickies." |
| SEATS (n) |
Stock Exchange Automated Trading System
replaced the "cry-out" trading on the share (stock) exchange floor. |
| shares (n) |
stocks (stock market)
also known as: share market |
| sickie (n) |
sick day
"He's taking a sickie to go surfing." |
| skint (adj) |
broke, out of money
|
| spruik, spruiker (n) |
to promote; a huckster, pitchman, super salesman
|
| stock take (n) (v) |
inventory
"Myer are having a huge end of year stock take sale." |
| stood down (v) |
laid off, forced to resign
"They were stood down without pay." |
| stores (n) |
supplies
"The stores were delivered to the clinic." |
| superannuation, super (n) |
retirement fund
|
| tee-up (v) |
to set up an appointment
We'll tee-up a meeting |
| TFN (n) |
Tax File Number
equivalent to Social Security Number |
| the order of the boot (adj) |
to get fired
|