Imagine a tax system that penalised work
http://www.theage.com.au/business/imagine-a-tax-system-that-penalised-work-20110329-1ceqb.html March 30, 2011 Illustration: John Spooner IMAGINE that you have just become treasurer or finance minister in the government of a newly independent nation. Imagine also that, for some reason, you wanted to create a tax system that encouraged the accumulation of wealth through borrowing and speculating, as opposed to working and saving. So [...]
Commsec Reports
Daily Reckoning
- The Case for Austerity: Keynesianism, Pharaoh and the Frogs May 19, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- The European Union is Doomed — Economically and Politically May 19, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- The Physical Gold Market – From the Weak to the Strong May 18, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- Eduardo Saverin and Team Freedom Versus Team State May 18, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- Washington DC: Immune to the Financial Crisis May 18, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- Why JP Morgan is Playing the Same Old Rigged Game May 17, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- How the Feds Fight a Great Correction and Prolong Economic Depressions May 17, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- Turning on China’s Economy May 17, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- Why Greece Can’t Afford to Stay in the Euro May 16, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
- Will China Become Australia’s Godfather? May 16, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
Technology
- Casey Stoner drops to second - Sydney Morning Herald May 21, 2012
- Solar eclipse 2012 awaited by East Asia, western US - Newsday May 21, 2012
- Umbilical cord tissue from newborn babies is being collected and cryogenically ... - NEWS.com.au May 21, 2012
- Pakistan Blocks Twitter Over Cartoon Contest - New York Times May 21, 2012
- Rain just a trickle in driest May since 1859 - The Age May 21, 2012
- Facebook founder updates his status - Sydney Morning Herald May 21, 2012
- The science of a changing climate - ABC Online May 20, 2012
- The nasties of the net - Sydney Morning Herald May 20, 2012
- A look at social network history - News24 May 20, 2012
- The Facebook IPO Journey - Moneycontrol.com May 19, 2012
Google Reader Shared Items
- The social paradox (AccMan Pro)
- This is how the network might deliver value (AccMan Pro)
- iXBRL to be delayed? (AccMan Pro)
- Drinking water from sunlight and seawater (Chemistry World RSS)
- Nanoparticles successfully deliver RNA interference in cancer patients (Chemistry World RSS)
- Instant insight: Catalysis for coal conversion (Chemistry World RSS)
- Nuclear power without radioactivity (Chemistry World RSS)
- New electrolyte for dye-based solar cells (Chemistry World RSS)
- From crab shell to fuel cell (Chemistry World RSS)
- IBM Details World's Fastest Graphene Transistor (PCWorld Latest Technology News)
Proactive Investors
- First quarter gold demand underpinned by China, Central Banks and ETFs May 19, 2012
- APPEA 2012 Conference Wrap: It's a gas world after all May 19, 2012
- Globe Metals & Mining’s Mark Sumich talks Chinese funding and the upcoming DFS at One2One Forum May 19, 2012
- Celeste Copper extends earn-in agreement with Cornish Minerals May 19, 2012
- ENK and a world class nickel deposit in the Philippines May 18, 2012
- Elementos: drilling at Manantiales extends main gold zone to 300m deep May 18, 2012
- Eastern Iron defines iron ore JORC Resource in central Queensland May 18, 2012
- Strike Energy finds one of thickest coal seams in Cooper Basin with Davenport-1 unconventional play May 18, 2012
- Acuvax expands business with controlling stake in BioHealth May 18, 2012
- Admirality Resources discovers new iron targets near Soberana Prospect, Chile May 18, 2012
Quotes
| ^AORD | 4098.800 | |||||||
| ^AXJO | 4046.500 | |||||||
| MRQ.AX | 0.260 | |||||||
| DUL.AX | 0.035 | |||||||
| GDY.AX | 0.130 | |||||||
| ICN.AX | 0.215 | |||||||
| RXL.AX | 0.022 | |||||||
| VIL.AX | 0.004 | |||||||
| MNC.AX | 0.125 | |||||||
| CXS.AX | 0.000 | |||||||
| DML.AX | 1.315 | |||||||
| AXT.AX | 0.029 | |||||||
| SLX.AX | 3.150 | |||||||
| ORE.AX | 1.245 | |||||||
| GXY.AX | 0.570 | |||||||
| BFE.AX | 0.080 | |||||||
| AVB.AX | 0.067 | |||||||
| WPL.AX | 30.990 | |||||||
| TLH.AX | 0.00 | |||||||
| LYC.AX | 0.885 | |||||||
| ARU.AX | 0.210 | |||||||
| ALK.AX | 0.920 | |||||||
| EQX.AX | 2.100 | |||||||
| MNC.AX | 0.125 | |||||||
| RDM.AX | 0.145 | |||||||
| ^AXMJ | 9599.200 | |||||||
| RIO.AX | 55.200 | |||||||
| BHP.AX | 31.460 | |||||||
| ^AXXJ | 4515.900 | |||||||
| WBC.AX | 20.410 | |||||||
| NAB.AX | 23.320 | |||||||
| CBA.AX | 49.400 | |||||||
| ANZ.AX | 20.840 | |||||||
| ^AXIJ | 512.500 | |||||||
| INDU | 0.00 | |||||||
| ^FTSE | 5267.62 | |||||||
| NASDAQ | 2778.79 | |||||||
World Finance News
- G-8 Press Greece to Stay in Euro as Merkel Sticks to Austerity - San Francisco Chronicle May 20, 2012
- Facebook closes flat first day on market - Southeast Missourian May 20, 2012
- 10000 march at Frankfurt Occupy protest rally - BusinessWeek May 20, 2012
- Discord at Key JPMorgan Unit Is Faulted in Loss - New York Times May 20, 2012
- Will Lowe's Save Home Improvement's Earnings Season? - Investor's Business Daily May 19, 2012
- WASHINGTON — The unemployment rate fell in two-thirds of US- 4:46 am - Great Falls Tribune May 19, 2012
- Facebook Flops: Look Out Below! - Barron's May 19, 2012
- Gold rises but falls short of $US1600 - Sydney Morning Herald May 19, 2012
- GM to Forgo Pricey Super Bowl Ads - Wall Street Journal May 19, 2012
- China's secret? It owes Americans nearly $1 trillion - Bradenton Herald May 19, 2012
Shareswatch
- The Shareswatch Random Stocks Portfolio: May 2012 May 17, 2012
- Fact-checking Japan’s critics. May 16, 2012
- Are Australian stocks poised to trend lower? May 8, 2012
- Why the U.S. Dollar is Critical for the S&P 500 Index this Week. April 30, 2012
- Gillard’s last stand & Wonky Wayne and the Budget Factory. April 25, 2012
- Stock charts review: BHP, RIO, GMI, GFF, S&P/ASX 200 Financials & Small Ordinaries Index. April 13, 2012
- Mongolia Rivals Australia to Supply China’s Resources Demand. April 3, 2012
Commodities
- Wall St in 12th straight loss May 19, 2012
- Commodities hit by global panic May 17, 2012
- Copper lower on China worries May 12, 2012
- Gold sets fresh 2012 low May 12, 2012
- Lots of gas on road to recovery May 10, 2012
- Commodities crash on Greece fear May 9, 2012
- No mad cow, it's pink slime time May 3, 2012
- Dollar falls ahead of RBA decision May 1, 2012
- 'Gold finger' roils market May 1, 2012
- Oil set to challenge key level April 28, 2012