Calls for corporate tax reform in Australia goes unheeded

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Calls for corporate tax reform in Australia goes unheeded

Posted: February 1st, 2021 by Admin

Friday, May 12, 2006

Peter Costello’s budget announcement has led to rejoicing for small businesses, but the lack of joy for those pushing for radical corporate taxation reform has led to many businesses asking “what about us?”

Personal taxation and small business have been the big winners after this year’s federal budget. Although dampened by the twin economic threats of rising interest rates and petrol prices, there should be a reasonable amount of real income savings for both low and high income earners, with those receiving Medicare, or a superannuation benefit, privy to an even lower level of taxation (0% for those on super benefits).

Small business also has benefited from the Howard government’s 11th annual budget, with them receiving a higher level of reducing depreciation, leading to a higher level of deductions in the years following the uptake of new technology or other capital. They are also privy to a AU$435 million dollar tax cut to compensate for their changing accounting requirements under the government’s new AIFRS reporting standards, as well as increasing the uptake of both the small business tax relief scheme and CGT (Capital Gains tax) Concessions.

The budget was not a complete loss for big business however, as superannuation laws have been tweaked to streamline contribution and payment rules previously impeding those with multitudes of staff.

But this is not enough, says Big 4 accounting firm Ernst & Young. In their newly published paper “Taxation of Investment in Australia: the need for ongoing reform”. In it they lead the charge for a greater streamlining and organization of the corporate tax system in Australia, submitting that it will lead to reductions in “disincentives to work save and invest in Australia [as well as improving] the international competitiveness of Australian businesses.” This follows from a recent report brought out by Mr. Costello himself about the need for tax reform in Australia.

A budget night Mr. Costello was notably coy about any future reform of corporate tax in Australia. He alluded to the report by his ministers but kept from outlining the government’s plan precisely.

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Know Which Home Loan Is More Suitable For Your Investment

Posted: January 28th, 2021 by Admin

Know Which Home Loan Is More Suitable for Your Investment

by

Jemz Tors

Looking to borrow for the purchase of a residential property? Then read on. This article will help you know property investment loan better.

Property investment loans are not too different from other type of home loans Perth. Like other home loans Perth, you can choose from either variable or split as well as fixed rates with flexible features such as redraws. However, these days, there are only two types of home loans Perth that are more attractive to investors and recommended by most mortgage brokers Perth.

    * Interest only loans* Line of credit loans

Interest Only Home Loans Perth

If you are into property investment, mortgage broker Perth will definitely recommend interest only loans. As the name suggests, you will only have to pay the interest for a certain period of time which offers a lower initial required payment whilst giving you the choice of paying a bit of the principal when it is convenient to you. This way you can chip away the principal amount over the term of the interest only home loans Perth.

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Benefits:

    * You can pay the principal when it is most convenient for you* Quick capital gain* You can enjoy tax deductions

Line of Credit Home Loans Perth

A line of credit home loans Perth is applicable if you own a property. It is a way to tap into the equity of your existing property and use it as a deposit for your investment.

The line of credit home loans Perth allows you to get a fixed amount. It works like a credit card with a big limit but the equity on your existing properties acts as security for your loan.

To know more about these types of home loans Perth for property investments, you can ask professional help of

TheMortgageGalleryRockinghammortgage brokers Perth

experts.

They will help you compare home loans Perth rates, features, fees and charges.

Call them at

(08) 9527 1800

Or log on to

themortgagegalleryrockingham.com.au/

For more information about

mortgage broker Perth

please visit us online at http://www.themortgagegalleryrockingham.com.au/

Article Source:

ArticleRich.com

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Al Sharpton speaks out on race, rights and what bothers him about his critics

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Al Sharpton speaks out on race, rights and what bothers him about his critics

Posted: January 23rd, 2021 by Admin

Monday, December 3, 2007

At Thanksgiving dinner David Shankbone told his white middle class family that he was to interview Reverend Al Sharpton that Saturday. The announcement caused an impassioned discussion about the civil rights leader’s work, the problems facing the black community and whether Sharpton helps or hurts his cause. Opinion was divided. “He’s an opportunist.” “He only stirs things up.” “Why do I always see his face when there’s a problem?”

Shankbone went to the National Action Network’s headquarters in Harlem with this Thanksgiving discussion to inform the conversation. Below is his interview with Al Sharpton on everything from Tawana Brawley, his purported feud with Barack Obama, criticism by influential African Americans such as Clarence Page, his experience running for President, to how he never expected he would see fifty (he is now 53). “People would say to me, ‘Now that I hear you, even if I disagree with you I don’t think you’re as bad as I thought,'” said Sharpton. “I would say, ‘Let me ask you a question: what was “bad as you thought”?’ And they couldn’t say. They don’t know why they think you’re bad, they just know you’re supposed to be bad because the right wing tells them you’re bad.”

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Hollywood sign modified to read ‘Hollyweed’

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Hollywood sign modified to read ‘Hollyweed’

Posted: January 21st, 2021 by Admin

 Correction — January 22, 2016 The vote on November 9 was of California voters, not the California legislature. 

Tuesday, January 3, 2017

The Hollywood sign in Los Angeles, California was modified to read “Hollyweed” on Sunday. Security camera footage shows the perpetrator was dressed all in black, said Sergeant Robert Payan.

Christopher Garcia, a spokesperson of the Los Angeles Police Department, said the suspected male offender is being investigated for trespassing rather than vandalism. The sign was not physically damaged; the modification was done using black tarpaulins decorated with signs of peace and heart to alter the “O” to read lowercase “e”.

Betsy Isroelit, a Hollywood Sign Trust spokesperson said, “There was obviously recent legislation in California that may have inspired people. But to me, it looks more like a New Year’s Eve prank.” On November 9, legislators voted in favor of a ballot for legalising recreational use of marijuana in California for the age group of 21 and above.

Previously, on January 1, 1976, Daniel Finegood had vandalised the sign using curtains in a similar manner to read “Hollyweed”. As a college student, Finegood had modified the sign for an assignment in art class. Finegood, in 1990, had modified the sign again, signifying a political issue, modifying the sign to read “Oil War” to protest the Persian Gulf War.

The sign was vandalised in 1992 before the US presidential election. Supporters of presidential election candidate Ross Perot altered the sign to read “Perotwood”.

The law legalising recreational marijuana is due to come into effect in 2018.

 This story has updates See Artist who changed Hollywood sign to ‘Hollyweed’ surrenders to authorities, January 12, 2017 
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News briefs: May 6, 2012

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News briefs: May 6, 2012

Posted: January 16th, 2021 by Admin

Sunday, May 6, 2012

Wikinews Audio Briefs
Dateline
Sunday, May 6, 2012
Listen to this brief

Problems? See our media guide.

Retrieved from “https://en.wikinews.org/w/index.php?title=News_briefs:_May_6,_2012&oldid=1497751”

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Italians vote on fertility referendum

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Italians vote on fertility referendum

Posted: January 5th, 2021 by Admin

Sunday, June 12, 2005

On Sunday and Monday, Italians will vote on a referendum that would the abolish certain rules of the law about medically assisted fertility treatment.

Italian Law 40 of February 19, 2004 ruled on some aspects of assisted fertility treatment and established some rigid limits. The law was approved by the majority of Parliament with the encouragement of the government. The opposition protested because there was no agreement among Parliament for such a law and there was also disagreement among the majority. The law was approved using an urgent mechanism of the parliament, an apparatus used only if there is an urgent need for a law.

A Committee against the law has formed and asked for the Referendum.

There will be 4 different votes about 4 different aspects of the law.

The first of them is asking to remove the prohibition of doing scientific studies with embryonic cells. The second is the ban on donor sperm and eggs; the third is a ban on embryo screening for couples with hereditary diseases; and the fourth, the rule that only three embryos per treatment can be created, all of which have to be implanted at the same time.

The referendum is of abrogate type, the only type of referendum permitted by Italian law.

According to the Italian Law, in order for a law (or part of a law) to be abolished by a referendum, there must not only be a majority vote in favor of the abolishment, but also that the valid vote must be more than the majority of the people that have the right to vote.

Since it’s easier for the referendum not to be approved due to lack of presence of voters rather than for the presence of the majority of the “no” vote, the party who wants to keep the law as it is currently, has now asked citizens “not to go vote” rather than to vote “no”.

Even the Catholic Church asked its members to “not go to vote”; the Pope himself asked for that in an indirect way. The president of the Senate and other people in charge of important official positions took this position.

The opposition contested this behavior.

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The Right Doctors To Provide Female Sexual Health In Sarasota

Posted: December 31st, 2020 by Admin

byadmin

Being female requires many different health needs than being male. Finding the right doctors to provide those needs is important to maintaining proper health. In finding those doctors, one must understand the specific needs of a female and which medical specialty can cater to those specific aspects. The female body has a very complex reproductive system. To receive proper care for this, it is best to go to a doctor that specializes in this system. A center that offers Female Sexual Health in Sarasota can be a great source for finding the right doctors for your needs.

A gynecologist is a doctor that specializes in female care. They understand the female body and how it works. They are specially trained in identifying and treating problems of the female reproductive system. Regular visits to a gynecologist is important for Female Sexual Health in Sarasota. A woman should receive a pelvic exam and pap smear every year. This helps to identify many problems and diseases of the reproductive system. It can also provide an early warning for some types of cancer.

Another type of doctor that is specific to feminine care is a doctor that specializes in obstetrics. This field specializes in the specific needs of pregnancy. During pregnancy, the female body goes through many changes. These doctors are specifically trained in these changes. They can be the best resource for providing health for the woman and the child she is carrying. These doctors can identify early any risks to the woman or child. This can help to designate proper treatment to ensure a healthy birth. They also help to ensure the body returns to normalcy after pregnancy.

Once a woman reaches puberty, it is important to seek proper care for her reproductive system. Regular screenings and checkups can prevent many serious reproductive problems. It can also help to promote a healthy system for future reproduction. Once pregnancy occurs, regular visits are necessary to ensure everything is working as it should. This ensures health for both the mother and her child. Find a source for both of these types of doctors can be a great option for women. A facility, such as West Coast OB-GYN, can provide an important resource for the specific health needs of all women.

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Wikinews interviews Stephen Murphy about the upcoming by-election in the Higgins electorate of the Australian parliament

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Wikinews interviews Stephen Murphy about the upcoming by-election in the Higgins electorate of the Australian parliament

Posted: December 31st, 2020 by Admin

Tuesday, December 1, 2009

With two by-elections coming up in Australia, many minor parties and independents will be looking to gain a seat in the House of Representatives. Stephen Murphy is one of the independents.

Mr Murphy is a computer programmer from the Melbourne suburb of Brunswick.

“After growing up in South-East Melbourne I studied Science at Monash with first class Honours, worked in Europe for 10 years and have recently returned to Australia. I work in finance as a computer programmer and speak five languages,” Mr Murphy said.

Wikinews reporter Patrick Gillett held an exclusive email interview with Mr Murphy, candidate for the Division of Higgins.

((WN)) Why do you want to get into parliament?

Stephen Murphy: I am standing up for what I believe is the correct course of action on the biggest issue in Australian politics in 100 years – Kevin Rudd’s flawed emissions trading scheme (ETS).

((WN)) What would the three main policies you are taking into this by-election be?

SM: I will oppose the emissions trading scheme, ensure that all government policy is based on accurate scientific evidence and return common sense to Canberra

((WN)) How would you address these policies?

SM: By asking for a Royal Commission into climate change so that the facts (such as that global warming stopped in 2001 and the emissions trading scheme will not change the climate one bit) are openly presented to the Australian people.

((WN)) Sending asylum seekers to Indonesia: good or bad?

SM: Any government policy that does not properly consider all implications (be it emissions trading, or any other issue) is a bad one.

((WN)) Is the Australian dollar’s near parity with the US dollar a sign that the Australian economy is healthy, the US economy in chaos or both?

SM: It’s a sign of both. Many countries around the world look with envy at how well (relatively) Australia is doing, to our credit! It is of concern that the American economy is in such bad shape and that their levels of debt seem unsustainable.

((WN)) How do you rate the governments economic stimulus package?

SM: The economic stimulus package was poorly targeted and poorly carried out. When we could have been building roads, dams, railways and hospitals yet instead we were paying for tattoos, PlayStations and overseas holidays.

((WN)) Should it be wound back?

SM: The question about levels of stimulus spending is a complicated one and requires expertise in economics, however one could say in general terms that all government spending should be well targeted and spent in the most efficient way.

((WN)) Is Kevin Rudd a better Prime Minister than John Howard?’

SM: Australian voters are the best judge of that and we will know in 2019 🙂

((WN)) Is the Carbon Pollution Reduction Scheme an effective solution to climate change? Why?

SM: Absolutely not. The CPRS will not change the climate by any amount that we can measure – it’s just a new tax that will hurt Australians and drive businesses and jobs overseas. Since 2003 there has been mountains of new scientific data which contradicts the popular theory that human carbon dioxide emissions are causing significant global warming. Recently, many of the scientists who wrote the IPCC report (on which the ETS / CPRS is based) have been reported as manipulating scientific data to create scary global warming scenarios. The science is definitely not settled

((WN)) Is there a better solution?

SM: We can very easily refocus the momentum and goodwill that has been generated on climate change and channel this energy into other worthwhile environmental projects in Australia that will make a difference.

((WN)) Why should the electorate vote for you?

SM: I will oppose the ETS and support responsible environmental policies instead of radical environmental policies that could end up costing every Australian taxpayer $4550 per year in new taxes.

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Shootings in Cleveland high school leave five injured, gunman dead

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Shootings in Cleveland high school leave five injured, gunman dead

Posted: December 31st, 2020 by Admin

Wednesday, October 10, 2007

A 14-year-old student opened fire in a Cleveland, Ohio high school today, wounding four people. The gunman then fatally shot himself.

Police were called to the scene at 1:15 p.m. EST, with reports of a gunman in the school. The gunman, 14-year-old Asa H. Coon, entered the school with a gun in each hand. Students were evacuated, with the gunman reportedly still in the building for some time afterward.

According to Cleveland mayor Frank Jackson, two adult males, ages 57 and 42, and two teenage males, ages 18 and 14, were wounded, and taken to local hospitals. A third teenager, a 14-year-old female, hurt her knee while running from the school.

A spokesperson for the hospital would not give details of the students’ names or conditions, but Jackson said in an afternoon press conference that all three teenagers were in stable condition.

According to one student, 14-year-old student Michael Peek was the first person shot, after reportedly punching Coon in the face. The student indicated that Peek did not know that Coon was armed at the time. 18-year-old student Darnell Rodgers told the media that he was the other student shot, a graze wound for which he was treated and subsequently released.

The 57-year-old teacher, David Kachadourian, was listed in good condition. 42-year-old teacher Michael Grassie was in surgery and his condition was unavailable.

The gunman was reportedly upset about a recent suspension arising from a fight that happened Monday near the school.

According to one student interviewed by CNN, the gunman said he “worshiped the devil” and had mentioned committing a shooting at the school. Another student noted that the gunman often wore a trench coat and an empty pistol belt to class.

A security guard was present on the first floor of the building, but the position of a guard on the third floor was eliminated. While metal detectors were present in the building, they were not always in use; it is unclear whether they were in use at the time of the shooting.

The school, SuccessTech Academy, is a non-traditional school within the Cleveland Metropolitan School District, described on their web site as a “small, nontraditional high school that provides a learning environment in which all student believe in their ability to succeed.” It opened five years ago.

SuccessTech is located on the third, fourth and fifth floors of a building in downtown Cleveland that also houses some administrative offices.

The school owes its existence in part to a grant from the Bill and Melinda Gates Foundation, which helped to fund the creation of the school.

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Dove ad viewed more than 3 million times on YouTube

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Dove ad viewed more than 3 million times on YouTube

Posted: December 29th, 2020 by Admin

Saturday, November 4, 2006

An advertisement for Dove beauty products has been viewed by well over three million people, without ever being on television. A copywriter from Ogilvy Toronto, the advertising agency that created a spot named “evolution”, uploaded the advertisement to video sharing website YouTube.

While the official upload of the ad itself has been viewed 1,119,262 times, there are dozens of copies of the ad on YouTube, adding to a minimum of 3,059,546 views. The official copy of the video is the website’s 12th most viewed this month, 53rd of all time.

Unofficial uploads have each received high levels of viewership, with 449595, 445322, 207906, 201670, 195265, 116501, and 102634 plays.

The agency did not originally intend to upload the video to YouTube, only display it on the company’s homepage. Staff member Tim Piper uploaded it to his account on October 6, about a week before it first got media coverage on Good Morning America.

The ad begins with a woman walking into a photo shoot. From there, she is primped and plucked by hair and makeup artists, then tweaked on a Photoshop-like program. The photo-manipulation is then posted on a billboard for the fictional “Easel Foundation Makeup” brand. Two young, teenage girls walk past, glancing at the board. “No wonder our perception of beauty is distorted” ends the ad in text, “Every girl deserves to feel beautiful just the way she is.”

The creative team for the ad included Tim Piper, Mike Kirkland, Janet Kestin, Nancy Vonk, directors T Piper (treatment and post production) and Yael Staav (live action) from Reginald Pike, Soho post production, Rogue editing, Vapor music, Gabor Jurina and Make-up: Diana Carreiro, and Reginald Pike.

The official French copy of the ad has only received 132 views, although it was only uploaded on November 2, 2006.

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