How Does Australia's Tax Rate Compare To The Rest Of The World?

May 16, 2016

No matter where you live or how much money you make, you probably think you’re paying too much tax. But are Aussies really that hard done by? This infographic provides some answers. The below infographic comes from the payroll and contractor management company Ayers. It breaks down the amount of tax paid by single individuals on an average income in various parts of the world. Interestingly, Australia didn’t even make the top 10: countries with higher tax rates included the USA, the UK and, Germany New Zealand. Belgium currently tops the world with the average salary taxed a whopping 42.8%.

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Donegal Insurance Group

Our family of property and casualty insurance companies provides full lines of personal, farm and commercial insurance products across multiple regions of the United States. We are proud of our heritage, which spans 125 years in the insurance business. The Donegal Insurance Group family of companies includes Donegal Mutual Insurance Company, Atlantic States Insurance Company, Southern Insurance Company of Virginia, Le Mars Insurance Company, Peninsula Insurance Company, Peninsula Indemnity Company, Sheboygan Falls Insurance Company, Southern Mutual Insurance Company, Michigan Insurance Company, Mountain States Commercial Insurance Company and Mountain States Indemnity Company.

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What to expect from Open Finance in 2021?

Infographic | April 7, 2021

Open Finance involves an extension of Open Banking principles to a wider field of financial services and products. It is a new paradigm where data from multiple sources beyond banking can help build innovative and inclusive financial services. These conditions make Open Finance a perfect fit for Latin America, a region where users’ financial lives don’t take place exclusively within the walls of banks. In part, because part of the population is still underserved by traditional financial institutions: only 51 percent of adults in the region are bank account owners. And, increasingly, because emerging fintech providers are targeting these customers with digital solutions.

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Are You Keeping Up With FinTech in 2021?

Infographic | January 19, 2021

Ask yourself: Is your IT where it needs to be to keep up in the world of finance? Financial organizations are experiencing some of the most rapid changes of any industry and it’s thanks in large part to technology. Big data, automation, security — these are the areas organizations like yours need to be thinking about and investing in.

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Financial Management – The 5 Jar Method

Infographic | March 9, 2020

How well we manage our money is more important for our financial wellbeing than the size of our income. You see…the default for most of us is to pay for whatever we need to pay for and then “save” the rest. This is not a sound financial plan. Most Australians live pay cheque to pay cheque. While there are numerous root causes for this, they all manifest as a failure to manage money effectively.

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7 Technologies disrupting the Finance Industry

Infographic | March 9, 2020

Change is not easy for any type of organization. More so for companies who have to abide by strict laws and regulations like financial institutions. Most existing banking and related laws are based on outdated legacy systems of traditional companies that are not flexible and do not necessarily reflect the current financial ecosystem.

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Why Fast and Accurate Financial Reporting is Critical for Construction Firms

Infographic | March 9, 2020

Executing the vision of your construction firm is priority number one. This list shows the top ten ways that fast and accurate financial reporting delivers increased value to your firm, helping to round out your vision. From enabling cash flow for new projects to the decision-making process needed for predictive trends, this infographic can empower your organization to meet both today’s and tomorrow’s challenges in the construction industry.

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Gamification in Banking and Financial Services

Infographic | February 20, 2020

When there is a lack of trust and engagement, customers don’t consume products and services. Engagement is critical to keep your customers loyal to your brand. At the same time low engagement among employees causes high levels of stress and burn out. This results in decreased performance, not to mention that stress causes higher error rates, poor quality work, staff turnover and absenteeism.

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Spotlight

Donegal Insurance Group

Our family of property and casualty insurance companies provides full lines of personal, farm and commercial insurance products across multiple regions of the United States. We are proud of our heritage, which spans 125 years in the insurance business. The Donegal Insurance Group family of companies includes Donegal Mutual Insurance Company, Atlantic States Insurance Company, Southern Insurance Company of Virginia, Le Mars Insurance Company, Peninsula Insurance Company, Peninsula Indemnity Company, Sheboygan Falls Insurance Company, Southern Mutual Insurance Company, Michigan Insurance Company, Mountain States Commercial Insurance Company and Mountain States Indemnity Company.

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