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Showing posts with the label profit

Sociological Study Shows Women Get Lower Prices on eBay

Sociology: women make more profit on eBay by selling at lower prices. Men and women are the same - well not really. There may be a drive to make the workplace equal for both sexes. However, there are clear biological differences and thought processes are not the same. Certain parts of the brain are preferred by either sex.  What is involved in selling? Description and layout are paramount. Relevant and stimulating pictures are required. The correct price to sell adequate volume of a product and make a profit are also essential. Men and women see these factors differently. An examination of eBay shows that women sell the same products at lower prices than men. Considering people can easily find the cheapest product in a category because of the way eBay is designed, women managers will make more sells. Researchers said that buyers have lower expectations of women sellers. This is a red herring: buyers do not normally look to see whether a seller is a man or woman. ...

Australian Government Pushes Kangaroo Sales in California

The Australian government is interfering in the democratic process of California. Currently, the state has laws that allow the import and sale of kangaroo products. Conservation lobbyists say international law protects all endangered species. There is one major problem with this stance : kangaroos are not endangered. Indeed, they are pests like rabbits and camels. The law in California expires in January. Assemblyman Mike Gipson intends to extend it and add a clause allowing the sale of parts for shoes and soccer balls. Funds nave been allocated by the Australian government to the Kangaroo Industries Association of Australia which pays for a California lobbyists company to keep trade open. Ethically, being a private body, the Industries Association of Australia should not accept government funding while lobbying to gain economic benefit. However, their claim that a cull is needed on Kangaroos is correct. If you want to know the real situation about kangaroos ask an Aus...

Inquiry Into Tax Dodge by Tech Giants is a Lie Fest

It amazes me how people can blatantly lie, and continue to lie, when everyone else knows the truth. There is a Senate inquiry in Australia into big companies, mainly tech giants, avoiding tax that is owed to this country. Mr King, the head of Apple Australia strongly denies that the company is reducing its tax payments through questionable methods. Fair "crack in the door mate" we all know what is really going on. Is Ireland involved in these methods? Apple and Google are the major companies targeted by the inquiry. Britain is planning to regulate to make them pay what is due there. Other countries are watching to see what Britain does. Of course, the easiest way to get money out of the tech megaliths is to introduce a revenue tax irrespective of profit, because it is profit that is being skimmed off subsidiaries by head office for non-existent services. The Australian Tax Office wants its pound of flesh from internationals as it does from locals. Last year Apple p...

Countries Must Bring in REVENUE TAX

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...

The NBN May Never be Completed

We hear so much praise about progress of the new broadband network being rolled out by the National Broadband Network (NBN). The problem is - there has been little progress. Apart from the acclaimed network in a part of Tasmania, few customers enjoy ultra-fast broadband anywhere else. The Internet divide still exists between city and rural. Obviously the NBN will be laid out in city areas because this is where the greatest income will be obtained. As it now stands rural regions will not get faster Internet until way past 2020. Many people will be dead by then. How do we know if fiber optics will be superceded? Soon the ocean protection walls will be finished around Venice and there are cries that it is old technology and will not save the valuable city. Perhaps the same will be said about the NBN. In the present economic climate where will be few businesses left in populated cities to enjoy the improved communication. Only if the mineral sector declines and the Aussie dollar...