While carbon price and carbon tax is all over the news, many people actually dont know what its all about specifically. Below is a guide and FAQ to get your facts and info on the carbon price in Australia and its effect on the common man as well as business What is the carbon price or carbon tax ? The carbon price is not a tax on … [Read more...] about Australian Carbon Tax 101
Business
Countries Scramble to get more slice of the pie
Since the new “FATCA Rules”, OECD GUIDELINES and changes in the US internal revenue of service policies in relation to international taxation, several countries have started having a look at their own policies. When times are uncertain everyone tries to secure what they have and prevent erosion of existing wealth , and that's what many countries are trying to do right … [Read more...] about Countries Scramble to get more slice of the pie
Australian Banks Half yearly reporting
The banks have been doing good business, here are the half yearly profit and loss reports for the big four banks here in Australia, Westpac , NAB, CommBank and ANZ. Reporting season - Bank profits Australia Westpac 2012 | $3.209 Billion | May 3, Half year profit reporting WESTPAC CEO - Gail kelly Australia’s very own Gail Kelly has joined the ranks of Oprah … [Read more...] about Australian Banks Half yearly reporting
Are the wealthy taking over Australia ?
Australia is losing its “fair go” culture and is under threat from a elite and rich group of wealthy business people – including Andrew forest, Gina Rinehart and Clive Palmer – who are using their riches to undermine good Policy and threaten our democracy –says Treasurer Wayne Swan . Mr swan has steered most businesses in Australia through the GFC with much … [Read more...] about Are the wealthy taking over Australia ?
POLITICS OF A RATE CUT
Damned if you do , Damned if you don't, pardon my English but that seems to be the situation with rate cuts , RBA and banks. RBA today kept the cash rate on hold with no changes to stay at 4.25 per cent The politics of rate cuts ,Banks and Media bashing The situation is getting out of hand come every time when the RBA has to make a … [Read more...] about POLITICS OF A RATE CUT