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Market Loses $20 Billion Amid US Stocks Dip

Market Loses $20 Billion Amid US Stocks Dip

Some $20 billion was lost today in the local market after US stocks dove last Friday, the lowest performance this year.  Meanwhile, the..

June 4, 2012 with 0 Comments
ACTU Disappointed Over Wage Increase

ACTU Disappointed Over Wage Increase

The Australian Council of Trade Unions said it is disappointed with the wage increase, which was raised to only 2.9 percent. According to..

June 3, 2012 with 0 Comments
Advisers Face Risks Over SMSFs

Advisers Face Risks Over SMSFs

According to a specialist lawyer, clients need to be advised by their financial advisers about setting up their self managed super funds...

June 3, 2012 with 0 Comments
BlueScope Disputes Tax Bill

BlueScope Disputes Tax Bill

Steel producer BlueScope has announced that it will challenge the amended tax return that would require the publicly listed company to pay..

June 3, 2012 with 0 Comments
Rinehart Pushes for Board Seat

Rinehart Pushes for Board Seat

Mining magnate Gina Rinehart wants a seat at the Fairfax board and she increased her stake to more than 13 percent. This means that..

June 2, 2012 with 0 Comments
Tax Office Sues Former MP; MP Sues Co-Directors

Tax Office Sues Former MP; MP Sues Co-Directors

It’s a merry-go-round of countersuits.  The Tax Office is going after Belinda Neal for a $1.4 million debt owed by the Central Coast..

June 2, 2012 with 0 Comments
ATO to Investigate Tech Companies

ATO to Investigate Tech Companies

Just a day after Opposition spokesman Malcolm Turnbull questioned why Google paid a meager amount for tax, the Australian Tax Office..

May 27, 2012 with 0 Comments
Pensioners to Benefit from Carbon Tax

Pensioners to Benefit from Carbon Tax

Prime Minister Julia Gillard said pensioners can benefit as much as $130 a year, thanks to the carbon tax.  Seniors who are eligible are..

May 27, 2012 with 0 Comments
1715 Foreign Workers Surprised Cameron

1715 Foreign Workers Surprised Cameron

Labor Senator Doug Cameron expressed his surprised with the federal government’s announcement that it is hiring more than 1,700 foreign..

May 26, 2012 with 0 Comments
Turnbull Questions Google’s Tax Bill

Turnbull Questions Google’s Tax Bill

Opposition spokesman Malcolm Turnbull is wondering why search engine giant Google paid a very small tax in Australia despite an estimated..

May 26, 2012 with 0 Comments
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