The extent to which an investor or business is using borrowed money.
General interest charge (GIC)
ATO term - GIC is an interest charge imposed where there is a late payment of a tax debt. GIC is only applicable to certain unpaid superannuation debts.
Global Industry Classification Standard (GICS)
Set of global sector and industry definitions. See Standard & Poors.
A medium to long term fixed interest investment issued by domestic or foreign governments which pays fixed interest rate (coupon rate) for the term of the investment. The original invested amount (face value) is repaid at the end of the term (maturity).
A contribution made by the Australian Government to a person's superannuation account based on that person's income, source of income and personal super contribution. It is designed to help lower income earners build up their super before retirement.
gross tax gap
ATO term - The net gap plus the amount of revenue we raise and collect through our compliance activities.
Assets such as shares and property that not only produce an income but have the potential to grow in value over time.
A fund that invests in growth assets. A growth fund is more likely to produce higher returns over the long term but is usually more volatile in the short term.
Goods and Services Tax.
A person who guarantees a loan for someone else. The guarantor is legally responsible for paying the other person's debts if the debtor can't pay them.