25 August 2015

Managing Money

9 Nov 2023
TND: Record corporate tax receipts, but fossil fuel giants still paid zero
16 Jan 2022
MW: Mining magnate Gina Rinehart, whose net worth is estimated to be $14.6 billion, and real estate developer Harry Triguboff, said to be worth $9 billion, are among the richest Australians, according to Forbes.

1 Sep 2021
Crikey: Inland rail a carbon abatement initiative? Actually it’s a cavalcade of coal

10 Jul 2020 
Attn taxpayers: Morrison Govt poised to give your money to Kerry Stokes billionaire proprietor of Seven network for mining project. AFR cheerleaders doing pirouettesThread 

19 Apr 2020
MW:  Smiling. Qantas chief executive Alan Joyce

24 Sep 2019
Pratt Consolidated Holdings spot on by MW
2 Mar 2019 
Alan Austin reports @MW:  Coalition doubles all government debt accumulated since Federation in under six years.
Australia’s gross debt updated Friday morning:  $543,409,430,000'
5 Nov 2018
And info from Mark regarding the big end of town misleading the public and their donations to Liberal Party
3 Nov 2018 Mates for mates
2 Nov 2018
6 June 2018
 
31 May 2018
OnlineGST on goods under $1000
23 & 24 May 2018  
Updates on tax cuts 
 
smh 8.08pm:  Scott Morrison reveals new details on income tax cut as Labor votes for full package
Update on Company Tax Bill via auspol
22 May 2018  Company Tax Bill
Turnbull govt's plan to change company tax is blocked in the Senate:
Labor (26) + Greens (9) + Centre Alliance (2) + Tim Storer (1) + ON (3) =  41
Coaltion (30) + DL (1) + CoryB (1) + SM (1) + FA (1) =  34
Derryn Hinch (1)?
76 senators are expected to vote on this bill.
39 votes are required to pass this bill. 38 votes are required to block this bill. Source
Wonder why ON did not vote with the govt?  Is it because of the longman by-election?
13 May 2018
 
2 May 2018 Tax 
Gu: Australian nursing home giants shifting millions in profits offshore, rpt finds
Bupa
27 Apr 2018 TheGuardian: 62 Australians who earned more than $1m in 2015-16 paid no tax

28 March 2018 #Company Tax
SMH: Tim Storer: the hole in the government's tax cut plan
 

Emma Alberici
Independent senator Tim Storer during question time in the Senate.Independent senator Tim Storer during question time in the Senate.Independent senator Tim Storer during question time in the Senate.
8 Dec 2017 
MW: ATO data dump - naming and shaming the nation’s biggest tax cheats 
The Age: Big firms including News Corp, Exxon & Chevron paid no tax in 2016, Tax Office says
NewsCorp Income $2.9 bn, Exxon Mobil $6.7 bn and Chervon $2.1 bn 
7 Dec 2017
  
GuATO says 36% of big firms and multinationals paid no tax
Andrew Leigh, Shadow Assistant Treasurer on the Turnbull government re ATO data dump
8 November 2017
Gu  Paradise Papers:  The desperate inequality behind global tax dodging 
Gu:  Qld Labor keeps promise on Great Barrier Reef 
coal-ship loading ban
 
27 Oct 2017 
 
27 July 2017
  
 
 
 
Day of action around Australia 

Australia’s $1 billion loan to Adani is ripe for a High Court challenge

Coalition risks paying 'far too much' for submarines, experts say



Understand why the opposition leader Bill Shorten has been aimed at by media monguls. 
  Latest twitters from Rupert Murdoch and Mark Riley prove it


"The department says it has 82 communications staff, 
22 of whom are dedicated to its "24/7 media operations", including social media."



30 July 2017 
The River Murray
SA Senators, Premier, SA water minister and farmers unite.







  

on Murray Darling
Letter from Tony Burke to Auditor General seeking for an investigation into allegations

Labor preparing to announce major new tax policy to rival negative gearing crackdown 
 
The Age: The trouble with trusts: Australia's multibillion-dollar tax avoidance 

11 July 2017   
 
14 June 2017   Doubled electricity prices
 
Finkel Review:  A bluffer's guide for those who haven't read it

1 June 2017  nswICAC v ministeral misconduct
 
 
1 June 2017 
Who's NAIF Board member with a Conflict of Interest?
Karla Way-McPhail, who runs mining labour & equipment hire companies and is on
 the NAIF board, who provide recommendations of $900m taxpayer loan to Adani 

 
28 May 2017  RE: The myth that Adani coal is boom or bust for Qld economy
 
27 May 2017  GetUp:  The $1 billion NAIF loan to Adani not going ahead
 
Why does The Qld Government refuse to support the deal?
People made thousands calls to voters
People took to the streets
People made true headlines and
People win!
  
18 May 2017 fyi via #auspol
protest: Frydenberg's office, Friday 5pm 

Since observing this forum, I have noticed that a great deal of news from Murdoch's press have tried to tear Labor apart by all means.  The use of Fake News for distraction is an example. Yesterday on Insiders, more time was spent on labor leadership stablebility and today on #7.30?.  Surely, a lot of us know the reasons why Murdoch support Lib.  Just look at the very recent reform package to abolish license fee in media before the budget evening.
Bill Shorten said: 'The Australian taxpayer should not be an ATM for Indian coal mining companies".

 28 May 2017 

13 May 2017  Labor plan to name multinationals on tax evasion
 
12 May 2017  Media Reform
 
Part of Article in The Conversation 12 May 2017
'Why media reform in Australia has been so hard to achieve' by Tim Dwyer, Syd Uni 

6 May 2017  Media reform package announced by the government. Murdoch paid no tax and won't pay for license fees.

 Trump and Turnbull invited to a party in NY hosted by Murdoch yesterday 5 May
3 May 2017 
12 April 2017  The Drum - Panel and discussion on Adani Loan
2016 news 
#adani  
21 April 2017  
ATO court victory. Chevron faces $300 million tax bill Rpt by Stephen Long  

19 Dec 2016  The truth is that this government's agenda is 'to take from the poor to give to the rich' 
 Submarines deal for cpyne's job
13 Dec 2016  #PensionCuts  
  
12 Dec 2016
8 Dec 2016  Politics v policy
7 Dec 2016
Frydenberg: carbon price is on the table.  'We know that there's been a large number of bodies that have recommended an emissions intensity scheme... We'll look at that'. 
Comments withdrawn on the next day due to backbench forces: 'The Turnbull Government is not contemplating such a scheme. We're not advocating for such a scheme.
 
Politics v Policy, Advice from experts (2015 catoon) to save $15B off electricity bills 
Get Up petition: money for hospitals, medicare, the homeless, the poor...instead 
Adani protest  
#adani  
Frydenberg: carbon price is on the table. Comments withdrawn on the next day due to backbench forces
Green Army to be dumped.
Catoon@the Age (L). Pix@auspol (R)
1 December 2016  Bp tax
Spend spend... to look like a winner
 
15% rate back again with deal done by Libs and Greens agreeing on: 
a fund of $100m for Landcare and some superannuation payments on departure 
 

 
Chris Bowen had fun with 'co-Treasurers'
pointing out Richard Di Natale's signature on the Treasurer's letterhead (L) 
30 nov: 15% rate voted down in Senate 
  
24 November 2016  Backpacker tax
Current rate: 32.5% 
The gov. proposed 19% and was agreed by other parties.
Jacqui Lambie amended 10.5% rate in Senate with support from Labor, the Greens, David Levonhjelm and One Nation.
The Senate amendment is rejected in the HoR or by the gov (>1 vote only)
A 15% rate proposed by ON on Insiders 27nov
Updated 28 Nov: Agreed by the gov.

24 Nov 2016 
Fire alert from Alan Moir
Shane Wright, WA on Insiders 27nov: debt record 461B + losing AAA rating   
16 Nov 2016 
25 Oct 2016  GetUp
The Coalition spent $215,000 on 22 business class flights to Paris to learn to save money...

20 Oct 2016 The Age
A senate committee hears Philip Ruddock is receiving his full parliamentary pension
while also being paid to be a special envoy.
 
  

14 Sep 2016  Pension entitlement
 

According to GetUp, Government cancelled the plan 
9 Sep 2016 gu Asic should open up journalists' access to info, not choke it
25 August 2016 gu
2 Sep 2016 #auspol: tax havens 
  
30 August 2016  #TaxedNots

 
9 Feb 17.56 AEDT gu 
Voters prefer raising multinational tax rate over increasing GST, poll shows 

4 February 2016 The Age
Malcolm Turnbull, Scott Morrison face backbench backlash if Liberals hike GST
1 February 2016 06.24 AEDT gu - GST Debate
Majority of voters reject increasing the tax

28 Jan 2016 9.53am The Age
Rupert Murdoch attacks Google for paying 'token' taxes
23 January 2016  abcNEWS 
Google agrees to pay Britain 130 million pounds in back taxes
13 Jan 2016 Labor Herald/GST
Why won't Prime Minister Malcolm Turnbull debate a 15% GST?

11 January 2016 gu - Wayne Swan
Tax avoidance impoverishes us all. Fighting it requires challenging the powerful

18 Dec 2015 smh  
Crack down on big companies before cutting welfare, say crossbenchers

17 December 2015  
5.55pm The Age Which of Australia's biggest companies are not paying tax
14.41 gu ATO report shows nearly 600 big companies paid no tax in 2013-14
1.43pm smh Zero tax: Half of Au's 1300 public companies have been under ATO review
 
 
9.09am abcNEWS Tax Transparency
Tax paid by Australia's largest companies on $100m profits revealed in new report  
Labor says Lib never wanted public to see ATO list showing major corporations pay no tax
9 December 2015   
8 Dec 2015 8.53pm smh  Everything is on the table: leaked COAG agenda reveals GST changes being considered
"Labor opposes any increase to the GST because it is a regressive tax, meaning poorer people pay a greater proportion of their income on tax compared to those on higher incomes"
 
the Victorian Government says: to hike the GST is unfair and 

4 December 2015
19.45 gu Tax transparency: Senate votes down last-ditch attempt to remove exemption 
 
3 December 2015  Federal politics/multinational tax
18.53 gu Senator Cory Bernardi says he won't vote for the tax deal as it didn't go to the party room - as it happened
15.59 gu Greens accused of 'selling out' over deal with Coalition on tax transparency
12.08pm smh Scott Morrison strikes 11th hour deal with Greens on tax avoidance law
2 December 2015 10.26am The Australian 
Government loses cross bench support for super shake-up bill

1 December 2015 15.22 the guardian/Tax transparency 
One in six exempt companies are political donors or govt contractors 

26 November 2015 Labor Herald
Five reasons why a 15% GST isn't the answer to Australia's tax problems

23 Nov 2015 22.34 AEDT the guardian
Tax transparency: full list of exempt companies revealed as Senate battle looms

19 Nov 3.55pm abcNEWS FactCheck
Was superannuation designed to get people off the pension?  

15 November 2015 ABC-Insiders
 Fran Kelly from RN and Lenore Taylor from the Guardian Australia
Tax reform dominated question time.
Malcolm Turnbull: "The Government does not have a proposal to increase the GST"
12 Nov 2015 

"Labor opposes any increase to the GST because it is a regressive tax, meaning poorer people pay a greater proportion of their income on tax compared to those on higher incomes"

8 Nov 2015 abc-Insiders Tax Talk
 
  
2 November 2015 Q&A Re: GST on a hike
  

  
  the Sunday Mail, 1 November 2015 (R)
 
30 August 2015 6.03PM  Financial Review: GST hike to pay for income tax cuts

25 August 2015 18.14 AEST the guardian/GST/Daniel Hurst

23 July 2015  The Age Political News  GST rise on cards..
 
Federal shadow treasurer Chris Bowen criticised:
"You promised on 33 separate occasions before the last election not to change the GST,
Mr Bowen said directed at the Prime Minister:
"Today you confirmed that you will continue your attack on low & middle-income earners by adding to their cost of living. Add that to a long list of betrayals of the Au people."
24 July 2015 11.24am  The Age/Political News/James Massola

"On economic policy, Mr Shorten set out a clear contrast over tax policy, arguing Labor would require foreign multinationals to pay more tax rather than asking working Australians to pay more GST."
The Buffett rule was introduced to the Labor conference in Melbourne. 
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27 Oct 2015 4.53pm abcNEWS
gu 21 Oct First Dog on Joe Hockey

  
 
22 October 2015 The Age  Lost superannuation money

20 Oct 2015 newmatilda.com 
A Minimum Tax for the Wealthy by Warren E. Buffett
  

  

23 September 2015 8.15pm The SMH
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abc7.30
29 Sep 2015 the guardian

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4 September 2015 19.16 AEST the guardian/Aus politics
                Source: @Kiera