Saturday, February 19, 2005



It Helps to Remember that the Wolves Arrive in Sheepskins Measuring Investment in Blogging – The CEO Bloggers Club

Invisible Hands & Markets: Turnbull has taxing thoughts

Malcolm Turnbull, believed to be the richest person to sit in the Australian Parliament, had some advice for his new Coalition colleagues yesterday: before the Federal Government considers cutting tax rates for the rich it needs to crack down on tax avoidance


Everybody apart from tax practitioners are in the dark about tax matters. It is a black art
Turnbull's tax warning [Debate on Tax ; Business offers tax remedy ]
• · Yesterday’s Fin had a piece by Louise McBride arguing for cuts in personal income tax rate, and including the claim that, according to Tax Office stats, Australian companies had a total taxable income of $1.1 trillion, far more than individuals (about $300 billion), even though individuals pay far more in income tax. McBride’s stats imply that company profits are approximately 150 per cent of GDP ; Watching the human heards: We have an incentive system that directs ... a disproportionate amount of investment into housing The Goldilocks years are over
• · · Australia has 21 per cent of the world’s poker machines Regulating social problems ; A SQUAD of 200 tax collectors would hit 200,000 high-income earners with superannuation tax bills backdated eight years after a $323 million tax office bungle, a Senate committee was told yesterday. Superannuation lottery ; Two shonky financial advisers have dudded more than a thousand people out of their life savings. That's just the tip of the iceberg of superannuation fraud: Andrej and Martin Michalik Up the creek without a pole or a paddle
• · · · Like an incoming tide that lifts all boats, the rising sharemarket looks to have raised our view of the money world. Soaring share portfolios and sparkling super balances have turned our heads. We have even stopped complaining so much about stock brokers and financial planners. Whingers on the wane ; How do you find a good financial adviser? There is a new website which will get you off to a good start Rainmaker
• · · · · A troubling paradox about corporate philanthropy has surfaced. Is such largesse even legal? Tsunami: the backlash ;
• · · · · · Carly Fiorina's confrontational tenure as a Silicon valley CEO unravels - with a $27m handshake Silicon Valley star's fatal error