Tuesday, October 27, 2015

Cloud Finance and Building the Lucky Country

Building the Lucky Country #5: The Purpose of Place Reconsidered
Deloitte: Place can mean many things to many people - from the good, to the bad, to the ugly. But every place also has potential, and we believe it’s time to reconsider the role our cities and regions can play in creating Australian prosperity.
Full report

The proliferation of digital technology, social media and cloud-based platforms has revolutionised the tax and finance industry. Technological agility and efficient tax practices now go hand in hand across the board. Organisations that are quick to embrace technology not only improve the efficiency of their tax and financial practice, but see reduced costs and improved business opportunities over time.

2020 isn’t as far away as it used to be (to paraphrase Yogi), but the answers show that respondents expect significant changes in the coming five years. Top 13 Predictions for the Future of Banking

Britain’s biggest banks to be forced to separate retail banks from investment armsTelegraph. Note this is “ring fencing,” not Glass-Steagall type splits.

The flashy deputy mayor of Sydney’s Auburn council and his business partner are being sued for almost $700,000 over alleged improper behaviour relating to their construction company, which was liquidated following action by the tax office Wedding deputy mayor Salim Mehajer sued amid tax strife  

A joint investigation by the Australian Competition and Consumer Commission (ACCC) and the NSW Fair Trading Department will allege that the Unique International College in Sydney's western suburbs engaged in "unconscionable conduct" in pushing disadvantaged students into signing up for courses worth up to $25,000 Crackdown on Sydney private college recruiting illiterate and disabled students

Bylong Valley Snake near notorious Eddie Obeid's Property Cherry Dale Park ...

Australian Council of Learned Academies, 23 September 2015. Technology and Australia’s Future focuses on how technology changes, the nature of its impacts, how it can be predicted and the types of interventions that help deal with the complexity and uncertainty inherent in technological change.

Last year, Stephen Littlechild, formerly a U.K. monopolies regulator and now a fellow at Cambridge University, produced a spoof paper, "Applying behavioural economics at the Regulatory Conduct Authority." This took a (real) paper from Britain's Financial Conduct Authority on the mistakes and biases to which consumers of financial services are prone, and recast it.
 Who's Phooling Whom?

The Rise of the Lifestyle Accountant (Chris Hooper, Going Concern).

Decadence and Madness at the Top: Inside Britain’s Secretive Bullingdon Club Der Speigel