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Showing 261 - 270 of 320 results for "Taxpayers"

Beware the Budgets

BENJAMIN ONG  |  MONDAY, 11 MAY 2009
... from left field knocks the wind off the gradual but steady stabilisation in the economy. Just in case consumers and taxpayers clam up in fear of their government's efforts to claw back the trillions of dollars spent preventing the recession from becoming ...

ATO relays transitional rules concerns

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
... provisions only apply in specific circumstances. "We are aware these arrangements are being promoted and are concerned that taxpayers may be tempted into such arrangements without realising the transitional provisions may not apply to their circumstances," ...

BUSS(Q) calls for sub-contractor legislation

COMPANY RELEASE  |  WEDNESDAY, 8 APR 2009
... Australians with no super. Where sub-contractors have chosen not to make super contributions, it will fall to the Australian taxpayers to fund these people's old age pensions." He said the Australian Tax Office (ATO) did not seem to monitor this issue ...

Back to the drawing board

BENJAMIN ONG  |  TUESDAY, 31 MAR 2009
... while Obama withholds the money from GM and Chrysler, his Treasury Secretary Timothy Geithner appears to be softening up taxpayers to see more of their tax dollars thrown away. According to Timmy, "Some banks are going to need large amounts of assistance." ...

Bonus hocus pocus

BENJAMIN ONG  |  MONDAY, 30 MAR 2009
So it was written, so it was. No more bonuses. Taxpayers hate that. The government threatens to regulate against that. Hmmm...what can we do? Last Friday, I wrote about the futility of introducing new regulations to ensure that the current global financial ...

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
... assets with an equivalent amount of lucky charms? Main Street versus Wall Street Now that it has been revealed where US taxpayers' money handed down to AIG is being spent, Main Street is not happy and even President popularity is showing signs of fraying. ...

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
... A.I.G. warranted any bonuses at all, much less US$165 million in extra pay. How do they justify this outrage to the taxpayers who are keeping the company afloat?' US President Barack Obama might be regretting that he did not nationalise American International ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... Jackson's 'Thriller', or Michael Jackson himself. Bloomberg reported that, in its attempt to secure more money from the US taxpayers (its fourth), AIG presented to the US government that a world without AIG would cause European banks needing to raise ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... failed and failing institutions - whom I presume could still afford lobsters and caviars and private jets - begging for taxpayers' money have their day (or a full 10 years) serving in soup kitchens?

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... exchange for its non-cumulative preferred shares. This is on top of the US$150 billion the company received from US taxpayers last year. The Treasury will also exchange its existing $40 billion in cumulative perpetual preferred shares for new preferred ...