Adventure Ausrama Blog

Aussies make technology firms hand over their cash to state coffers. blog Australia makes multinationals pay more tax. An audit by the the OECD brought to light how much money the big companies owed. With countries toughening up the rules, it is becoming increasingly difficult for the tax avoiders to keep all the profit.  ⎳ Australia a Hits a Multinationals a With a New a Tax a Rules ⎳ The OECD recommended ways to stop the cash going to tax havens. Nations have taken notice and passed new legislation. Australia's rules are clear: if you earn in Australia you must hand over the tax.  Large businesses will have no choice.   ⦿3 Australia b Hits b Multinationals b With b New b Tax b Rules ⦿3 Messing around with intercompany transfers between international branches to artificially reduce income will also face obstacles.  The mother conpany providing overpriced inputs to outlying branches will end.  Microsoft, Apple and Google have had their wings clipped. ...

 ▶ Work at op shops is a stupid way to get the dole. | work on the dole financially + uneconomic + unemployment + ces + government + benefits | stories news. ◀ | Australian conservatives keep flogging their dead horse - blaming the unemployed for lack of jobs. The government should be creating more employment, not making job seekers waste their time showing up at the Salvation Army and St Vincent de Paul Society to play cricket in the yard. This is what they do all day.      ||| me ces no benefits work as dole eh financially en uneconomic do unemployment of ces if government go benefits | If the right wingers had their way they would ban unions and pay poverty wages to make more millionaire businessmen like Prime Minister Malcolm Turnbull. Ironically, the PM got rich by fortuitously buying Ozimail shares when they were at a rock-bottom price. Those who have made millions in business are not skillful. They are arrogant, walking all over ordinary people - raping...

It was during the Depression. The world seemed to be coming to an end - the worst financial crisis the world had ever seen. Yet, out there, someone was thinking of the future. Hazel Bishop had a dream of setting up her own successful business. And she had ideas! The lady had to end her studies because she had no money to pay for a higher degree. Her only asset was a bachelors degree in chemistry. This was enough, however. At the time the makeup market was sown up by large companies who blocked access to newcomers. Hazel could see no barriers. She set about experimenting with different ingredients for lipstick. The old joke of a man kissing a woman then going home to his wife who could see the smear of lipstick on his face was doing the rounds - a real "found out" joke. It was common knowledge at the time that bromo acids stained the lips, the drawback being that the acid peeled the top layer of skins off. Hazel searched for an additive which would preven...

personally, I do not fear sharks nor am I protective of them. However, they should be left alone to live their lives their way. Ecotourism is restricting their freedom to roam. Any country that can do it, is doing it to bring in the tourist dollars. More than eight billion people a year go seeking experiences in supposedly protected areas, which are commercialized. This is like the whole population of the planet trampling over pristine environments, because that is exactly what a high number of visitors do. Crazy tourists actually swim with sharks. Let's face it, Man is dinner to sharks. This is the rule of things. The dangerous creatures come very close to swimmers. They are becoming domesticated. Note, many dog owners have been attacked by their pet! More, complete strangers have been mauled. Tourists are affecting the natural selection of sharks. To attract them to tourist boats they are fed. Consequently, they have a better chance of survival. The man ...

Multinational companies are making a mockery of national tax policies. Countries have set up collection systems based on the pre-internet period. Everything today is mobile. People and money are flowing freely around the world. Google, Apple, Facebook and others are moving income from all their national operations to Ireland where the tax rate is ridiculously low. They inundate branches in other countries with mythical charges from head office, so profit is reduced to zero. Of course, in reality it is not zero. What countries should do is instigate a REVENUE TAX. This idea will shock and frighten CEOs. It is the last thing they want. Companies should be levied with either revenue tax or company tax whichever is the greater. Setting a revenue tax rate at a realistic 4 per cent will solve national tax collection problems. Companies will not be able to avoid paying some tax. Say a company has revue of $100 million. The tax payable on this would be $4 million. If...

Was the Australian Securities and Investment Commission (ASIC) set up to improve business or just be a nuisance to operations. Its job should be to police the industry and make things run smoothly. However, putting one's nose in when it is not needed is not the best thing to do. The mining boom is coming to an end as the Chinese economy pulls back from high growth due to wages rising thus demand falling. Companies are looking to move to other Asian countries where labor is cheaper. Australian mining companies are looking to become producers of other things such as technology. With this move comes threats from ASIC for the miners to keep their noses clean. Apparently they must inform shareholders before they buy tech companies. We have not reached a point yet where shareholders manage companies. Surely, it is up to the CEO and the board to set future company developments and intentions. ASIC is making accusations that mining companies are "cooking the book...

The marketing game has changed. Long gone are the days when ad program were created for free-to-air TV advertisers. People spend most of their day on the phone, so advertising must be online. Not only that, but the "early bird gets the worm". If you have a new marketing idea and put it on the Internet first then you win with rising sales. The new marketing concept that leads to sales is spread quickly through social media. Marketers must not only be in the game: they need to be ahead of the game. New ideas win out. Replicating the old ways of doing things no longer works. Any perceived barriers are avoided by buyers and you lose out on sales. Economics used to presume that consumers were all knowing about prices. Today, they really do know the price of things. They may look in the big stores. However, they usually buy online. Buyers really analyze the advertisers message now. They look for "catches" in ads and ignore them moving on to buy elsewh...

The Personal Computer is dead. We have seen this many times in the media. This, of course, is not true. b usinesses rely on PCs. Tablets and mobile phones just don't cut the mustard when it comes to high output data and Internet usage. Try typing a report on a tablet whether it has an attachable keyboard or not and you will be doing it all day. Those tiny keys are just not realistic for most people. AMD is ratcheting up investment in the Australian commercial computer market. It sees boom times ahead with its new quadruple chip. The company sees Australia as a test market for "differentiation and better value." Australia is now known as a "channel" for AMD. Many companies are selling AMD products including HP, Dell and Lenovo. AMD is becoming the server of choice in the market. India is a huge market for AMD particularly in education. Its main target is government contracts. The sheer range of offerings by AMD outranks all its rivals. Inde...

There is clearly something wrong with the Australian economy. We seem to in the same position of Indonesia several decades ago when it had oil and the high price was pushing up the value of the currency. A high currency makes it difficult for those producing "non-boom" products to export. That is why the US is printing more dollars to weaken the currency, improve the economy and create more jobs. Nothing much is happening for it though because the US dollar is the major international currency as gold used to be. Just why Australian shopkeepers are crying fowl is more difficult to understand. A strong currency means imports are cheaper. Australians are very import dependent in their spending habits and buying cheap imports is what they like to do. They buy such imports over more expensive Australian made products, but this shouldn't hurt the bottom line of retailers. They claim Australians are spending less. Though figures show this to be the case, spendin...