Scott Morrison's 'no-growth' GST plan was bogus
When Treasurer Scott Morrison asked his top advisers how much a GST increase would boost economic growth, he made sure the answer would be 'not much at all'. Treasurer Scott Morrison: mixed messages on the GST. By dropping Treasury-prepared ...>> view originalOverseas worker ripped off 20K in 3 months
Overseas worker ripped off 20K in 3 monthsAn overseas worker has been ripped off $20,000 in three months by his Melbourne employer, the Fair Work Ombudsman says.The Filipino man was brought to Australia to work as a welder, signing a contract for a 457 visa and pay of $50,000 a year for four years, the ombudsman said.But without the worker's knowledge, the company, Reddot Brewhouse, arranged a short-stay temporary work visa instead, which allowed the employee to remain in Australia for only 88 d..>> view original200m mega-tower to rise on Coast
An artist's impression of the new tower. © The Star Entertainment Group. All rights reserved. Artist’s impression onlyJUPITERS Casino owners have announced plans to build a second tower at its Gold Coast site.The Star Entertainment Group revealed this morning that it had begun the planning process for the new 200m-high hotel tower on the ocean side of the property.It is in addition to the $345 million refurbishment of the existing hotel and the 17-storey luxury tower currently under construction..>> view originalFuture Fund: Peter Costello warns against draining fund
Morrison rebuts negative gearing estimates
Govt helps as virus ravages Tas oysters
Govt helps as virus ravages Tas oystersTasmanian oyster growers hit hard by an oyster virus will be given assistance to keep the industry afloat.The Pacific Oyster Mortality Syndrome, which kills oysters within days, has had a devastating financial impact on the industry.An assistance package of $777,000 was announced by the Tasmanian government on Saturday, offering growers assistance with fees and levies.Biosecurity Tasmania is working to restrict the potential movement of the virus as the ind..>> view originalRio Tinto shows the value of grown-ups
Rio Tinto announced a new round of cost and capital constraint that aims to sustain the company through 2017 while creating and then protecting options for growth once the tide of demand and price turns. When emergency forced Jan du Plessis to call in new leadership at Rio Tinto in early 2013, the chairman's priority was to introduce "some adults" to the task of rebuilding the investment world's confidence in a miner that had been shooting itself in th..>> view originalbanks gripped in bear hug
Video will begin in 5 seconds. 2016 bank preview: Brian Johnson on CBA, NAB and Basel As far back as December, CLSA stock picker Brian Johnson has seen tough times ahead for the big banks, though some will fare better than others. PT1M12S 620 349 When investors dump banks in the frenzied way they have recently, it is often a sign of deeper economic woes.The last time, for example, ANZ Bank shares traded at this week's lows, in mid-2012, the world's financial system was being r..>> view originalMarket tumbles in week of pain
Friday, February 12, 2016
Scott Morrison's 'no-growth' GST plan was bogus and other top stories.
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