Friday, August 24, 2018

The race is on - 43: Banks should brace for impact: The Big Techs are coming!

Warring Liberals face high noon leadership showdown - Scorpio - Peter Craig Dutton: born 18 November 1970

ABC leadership challenge looms - live
Caroline Overington profiles Bondi Iceberg Swimmer: Whatever it takes. It's a Labor Party line, but nobody has owned it like Malcolm Turnbull (The Man that Kerry Packer Threaten to AssAssinate).

The BBC in the UK described the leadership debacle as a “political jungle”.

“Welcome to the jungle” its broadcast piece began, complete with ominous music.

It points out that Malcolm Turnbull ousted Tony Abbott in a leadership challenge. And that Abbott had taken over from Kevin Rudd who just months earlier had ousted Julia Gillard, who in 2010 had ousted Kevin Rudd.

“Yeah, we know, its confusing,” the video concludes

THE world’s media is struggling to understand what is happening in Australia with some calling it a “political jungle” and others concluding “yeah, we know, it’s confusing

Another Brick in the Wall: Liberal leadership contender Peter Dutton has had his electoral office at Strathpine vandalised. Police say brick pavers have been thrown at the front windows and doors. Six windows have been smashed and the two front doors have holes in the laminated glass. #Libspill #Auspol

Polling shows Shorten would surge in popularity if Dutton was PM – as it happened

Analysis of 43: Turnbull has just strapped a bomb to himself and dared them to come get him

Malcolm Turnbull leadership crisis: Julie Bishop to challenge along with Dutton - 

Malcolm Turnbull's fate to be sealed in Liberal leadership showdown

We do not mean to alarm you but apart from being the third primary pseudo perfect number , 42 is also

  • 101010 in binary
  • The name of Buzz Lightyear's spaceship
  • The number of times a piece of paper should be folded so that it reaches beyond the orbit of the moon
  • What the Large Hadron Collider scientists named their new building when they acquired more office space recently

From the author Douglas Adams

“The answer to this is very simple. It was a joke. It had to be a number, an ordinary, smallish number, and I chose that one. Binary representations, base 13, Tibetan monks are all complete nonsense. I sat on my desk, stared in to the garden and thought 42 will do. I typed it out. End of story."

Got it ? These are the major reasons as to why 42 is considered the answer to everything ( the universe , life etc ).
42: The answer to life, the universe and everything | The Independent

Sometimes we use words so frequently, they begin to lose sharpness of meaning. The word “collaboration” has become one such buzzword in enterprise contexts. Broken down, the meaning is simple: co-labor, or working together. But in digitally transforming organizations, the development and execution of productive, synergistic collaboration practices is anything but simple.

The Rapid Evolution of the Digital Workplace

What Managers Need to Know About Social Tools

Problem-solving techniques take on new twist

When Artificial Intelligence Sentiment Analysis Meets Yammer

We invite you to submit a paper to the upcoming Australasian Tax Teachers’ Association’s 31st Annual Conference. The theme of the conference is Taxation, Innovation and Education: Tax in a Changing World.

The Curtin Law School at Curtin University will host the conference at the Duxton Hotel in Perth from 16th to 18th January 2019.

Leandra Lederman (Indiana), Does Enforcement Reduce Voluntary Tax Compliance?, 2018 BYU L. Rev. 
Governments generally use enforcement methods, such as audits and the imposition of penalties, to deter noncompliance with tax laws. Although this approach is consistent with most economic modeling of tax compliance, some scholars caution that enforcement may backfire, “crowding out” taxpayers’ intrinsic motivations to pay taxes to such an extent that they reduce their tax payments. This article analyzes the existing evidence to determine if and when this occurs.

Via LLRX – Banks should brace for impact: The Big Techs are coming! – Data, BI & Analytics expert Siraj Patel discusses the global financial services and products industry in the context of the urgency for existing business models to adapt and innovate in this time of disintermediation, product un-bundling and marketplaces that offer customer rapidly changing banking options.

The Australian Taxation Office (ATO) has not yet used its sweeping power to reconstruct transactions for transfer pricing purposes; however, that may soon change, Australian Deputy Commissioner Mark Konza said at the Tax Institute’s 2018 National Transfer Pricing in Conference held August 8.
Speaking in Sydney, Konza said that the ATO is currently considering the using its transfer pricing reconstruction power to address cross-border related party arrangements that do not appear to make commercial sense and that result in moving value created in Australia out of Australia. 
“For example, we may need to consider the substitution of arm’s length arrangements where an Australian entity seeks to transfer significant assets from Australia or allows the relative value of its Australian assets to erode in ways that independent entities acting commercially would not,” Konza told the conference.
Mark Konza: Australia may exercise transfer pricing reconstruction power, will change approach to allocation of risk, official says