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Calls for corporate tax reform in Australia goes unheeded

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.

Retrieved from “https://en.wikinews.org/w/index.php?title=Calls_for_corporate_tax_reform_in_Australia_goes_unheeded&oldid=565549”
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Submitted by: Sean Goudeloc

Many people aspire to get some cash out from the stock market. Even though it is difficult, many have found Forex to be an excellent gateway to become rich and to achieve their long-term goals. And to make sure that they will get something from it, most of them have studied the concepts of technical trading.

This trading is dependent on technical analysis. As you might not know, technical analysis is an effective trading system or tool that helps traders interpret market information for possibilities and opportunities in the trading market. Using this tool, traders can make decisions on whether they will move or not during their trades.

On the other hand, even though it is called technical analysis, its primary goal is to unravel patterns brought on by investor behavior and human psychology. This system uses volume data, price, stock quotes, and stock charts. The results of an analysis of these factors will show traders trends in the financial market.

Technical analysis gives its users an idea if the current trend is bullish or bearish. Bullish, in Forex language, means that investments are having value appreciation, while bearish means that prices are going to have a long-term decline.

[youtube]http://www.youtube.com/watch?v=hCqzMwTaP48[/youtube]

Once traders foresee that an investment will have a bullish advance, they would certainly buy stocks from it. However, a trader must be attentive on the support and resistance levels of the stock trends before he buys some stocks.

Technical analysis is not all about identifying positive trends alone. It can also provide insightful information if a sudden reversal occurs. In case you do not know what a reversal means, technically, it is an event wherein bullish trends will suddenly shift to bearish trends. And if you have already read about charting patterns, one perfect example of a pattern that predicts a reversal is the head and shoulders chart pattern.

Since the Forex market is very difficult to predict even with the use of technical analysis, modern traders mix program trading with technical trading. Program trading is a technique wherein large financial institutions make use of computers in trading blocks in stocks.

Traders will let those institutions handle their stocks automatically. And to make sure that they will prevent any massive loss due to the automation, they can set limits on how much the system can buy, and how much the system can lose before it stops trading.

As a word of advice, make sure that you exhaust all the data you can use during your trades. If you limit your analysis by using volume data and share price alone, the results of your analysis might not be as accurate. Do not forget to use or obtain the annual reports and financial statements of corporate investors, for you to get a more accurate evaluation about the merits of a certain stock investment.

The things mentioned here are only snippets of what you need to know about technical trading. Remember that you must never stop learning, reading, and being updated about the stock market and the Forex scene. Put in mind that the greatest weapon you can use in the trading scene to win is data.

About the Author: If you are looking for information on

technical trading

, click on the link. Or you can visit

lifestylesecretreview.com/

for more information.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1800602&ca=Finances

Filled Under: Money Transfer
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One million baby cribs recalled due to potentially fatal design flaw

Saturday, September 22, 2007

The U.S. Consumer Product Safety Commission (CPSC) announced yesterday that Simplicity Inc. is recalling nearly one million baby cribs after two infant deaths have been linked to a design failure.

Simplicity Inc. supplies cribs to large American big-box retailers such as Wal-Mart Inc., and several other giant retailers including Target Corp. and Big Lots Inc.

A dangerous gap can be created if the drop-side of the crib has been installed upside-down, and thus becomes detached. That space can cause infants to be suffocated.

Parents are being urged by the company to check their Simplicity cribs to make sure the drop-side was installed correctly and is not a safety hazard. The cribs being recalled have these model numbers: 4600, 4605, 4705, 5000, 8000, 8324, 8800, 8740, 8910, 8994, 8050, 8750, 8760 and 8996.

The affected cribs cost between US$100 and $300, and were sold between January of 1998 through May of 2007.

Two separate deaths have been reported because the drop-side was installed upside down. Fifty-five non-fatal entrapment cases have been reported. And, the CPSC is now investigating a third infant death involving a newer-style crib.

Simplicity Inc. says the faulty cribs were made in China. However, according to CPSC, the recall is about the design flaws that the U.S. manufacturers designed into the product, not a made-in-China problem.

Retrieved from “https://en.wikinews.org/w/index.php?title=One_million_baby_cribs_recalled_due_to_potentially_fatal_design_flaw&oldid=510706”
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Canada’s Don Valley West (Ward 25) city council candidates speak

Friday, November 3, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Don Valley West (Ward 25). Three candidates responded to Wikinews’ requests for an interview. This ward’s candidates include John Blair, Robertson Boyle, Tony Dickins, Cliff Jenkins (incumbent), and Peter Kapsalis.

For more information on the election, read Toronto municipal election, 2006.

Retrieved from “https://en.wikinews.org/w/index.php?title=Canada%27s_Don_Valley_West_(Ward_25)_city_council_candidates_speak&oldid=435105”
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Michael Jackson’s Neverland Ranch to be auctioned off

Tuesday, February 26, 2008

Neverland Valley Ranch, owned by Michael Jackson, is to be sold at auction on March 19, 2008, unless Jackson pays over US$24 million.

Financial Title Company, the trustee of his Santa Barbara County, California, home and amusement park, has foreclosed on the property. They notified Jackson of the foreclosure and sale on Monday. Jackson had only just recently paid an overdue property tax bill of $600,000.

The court filing, addressed to Jackson, says, “You are in default of a deed of trust … Unless you take action to protect your property it may be sold at a public sale.” Fox News published the filing.

The foreclosure includes the ranch and all possessions on the property, inside or out.

The foreclosure auction will take place in front of the Santa Barbara County Courthouse in Santa Barbara. Jackson has until then to pay $24,525,906.61 he owes the title company.

In 2006, Jackson refinanced previous loans that had been bought up by Fortress Investment Group. The $300-million loan was secured with the aid of Sony Music Entertainment. However, the Neverland property was not part of that deal.

Jackson has not lived at Neverland since June 30, 2005, when he moved to Bahrain after a rape charge and subsequent acquittal.

Retrieved from “https://en.wikinews.org/w/index.php?title=Michael_Jackson%27s_Neverland_Ranch_to_be_auctioned_off&oldid=742241”
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Horse needs pampering as humans. Good horse- riding accessories can not only add up to the comfort, security and luxury of a rider but act as protective gears for horse too. The two most important accessories- Horse bits and boots are discussed here in detail to enlighten the significance of good horse riding aids. Bits are mouthpiece for the horse used to control the horse. While looking for horse accessories, there are few critical points which should be addressed such as fitting, fabric/material, weight and height. An accessory should be durable and comfortable both for the horse and rider. Such an accessory is horse boots which are again, a protective gear for horse. These boots are made up of aluminum and steel. The grooves in the boots make them light weight and provide a better hold. Balance, shape, extension and support of the boot is very critical to understand. For a safe and joyous ride, the quality and fitting of horse tack accessories should be at par. You should also see to it that horse is comfortable with them. Too tight or too loose mouthpiece is of no use but can put riders life at stake.These above mentioned key points can be understood after the shoeing is done for one week or two. Though, it is very difficult to evaluate the factors with a pen and on a ground, yet critical. You can remove horse boots in winters or whenever you are not riding it. Though, most of the riding experts recommended putting the boots on in winter to prevent any adverse effect on hooves. For an added comfort, you can put in some pads underneath. They also prevent bruises on the sole of horses. However, before you decided to purchase horse tack equipments, consult a professional farrier. Similarly, the mouthpiece should be fitted really well in horses mouth. No bar should remain outside the mouth. Also, see if the mouthpiece has not restricted the saliva secretion of horse and it should not make it dry or painful. Horse bits are equally important for riders safety. If it is not fitted well, rider wont be able to control it properly.

[youtube]http://www.youtube.com/watch?v=YBle6woL0PY[/youtube]
Filled Under: Sports
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Historic manuscript “The Housebook” reported sold in Germany

Thursday, February 14, 2008

The German noble family of Waldburg-Wolfegg has sold the manuscript known as the The Housebook to an unknown buyer. There is speculation in the German press that it was purchased by Baron August von Finck who currently resides in Switzerland, and that the price paid was €20 million.

It is unclear whether the purchase is in fact legally valid because the manuscript was sold without the permission of the government of Tübingen required by the law of fideikommiss dissolution (similar to the common law institution Fee tail). German law forbids the export of such a precious manuscript, which is registered in the list of national cultural property.

The Housebook of Wolfegg is an illustrated manuscript that was created after 1480 by an unidentified artist known as the “Master of the Housebook” (or Master of the Amsterdam Cabinet) and possibly other artists. It was exhibited at the National Gallery of Art in the United States in 1998.

Retrieved from “https://en.wikinews.org/w/index.php?title=Historic_manuscript_%22The_Housebook%22_reported_sold_in_Germany&oldid=4274456”
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October

2

Psychiatrist Dr. Jerald Block tells Wikinews about addiction to the Internet

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Psychiatrist Dr. Jerald Block tells Wikinews about addiction to the Internet
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Wednesday, October 22, 2008

Dr. Jerald Block is a psychiatrist based in Portland, Oregon, United States. Dr. Block has attracted some media attention due to one theory of his – the idea that Internet addiction can be viewed as a distinct mental condition.

In an interview with Wikinews, Dr. Block discusses this theory, including what needs to be done about it, and the alleged violent response that can arise from an addict’s withdrawal. Below is the full exclusive interview.

Retrieved from “https://en.wikinews.org/w/index.php?title=Psychiatrist_Dr._Jerald_Block_tells_Wikinews_about_addiction_to_the_Internet&oldid=4318325”
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October

2

Neanderthals ‘knew what they were doing’: Archæologist Dr Naomi Martisius discusses her findings about Neanderthals’ behaviour with Wikinews

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Neanderthals ‘knew what they were doing’: Archæologist Dr Naomi Martisius discusses her findings about Neanderthals’ behaviour with Wikinews
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Sunday, June 28, 2020

Last month, a study conducted by archæologist Dr. Naomi Martisius and other researchers concluded Neanderthals living in Europe tens of thousands of years ago were more sophisticated than previously thought. The now-extinct species used to carefully select bones from a particular animal species to manufacture their bone tools, the research showed. The research was published on May 8 in Nature’s Scientific Reports journal.

Dr Martisius and her team used five bone tools discovered from Neanderthals’ sites in southwest France for this research. Four of these bone tools were found in a site called Abri Peyrony and the other one was from Pech-de-l’Azé I. These tools were just a few centimetres in size and were about 50 thousand years old, Dr Martisius told Wikinews. Microscopy analysis of these bone tools called lissoirs (smoothers) suggested Neanderthals used these tools for working animal skin to leathers.

The study stated the fauna of the sites were primarily medium-sized ungulates such as reindeer, in one layer nearly 90%. Despite the overabundance of medium-sized ungulates, Neanderthals used ribs of large bovids for making lissoirs. Dr Martisius told Wikinews this was likely due to the physical characteristics of the bovid ribs, which were “thicker” and “stronger” as compared to the “thin and flimsy ribs” of reindeers. In order to check the origins of the bone tools, the researchers used a technology called non-destructive Zooarchæology by Mass Spectrometry (ZooMS).

Instead of damaging the bone artefacts in order to discover its origins, the researchers collected collagen from the plastic containers in which these artefacts were kept. Collagen is a type of protein. These bone artefacts were kept in plastic containers: some were kept for about five years, some for just a few months. During this time, the collagen proteins from bone tools were stuck to the walls of its plastic containers. The collagen samples collected from the walls of the containers are broken into smaller molecules called peptides by using a chemical enzyme called trypsin.

After the trypsin has broken collagen fibres into peptides, it is analysed using a technology called Matrix-assisted laser desorption/ionization (MALDI) Time-of-Flight mass spectrometer (ToF MS). The assisting matrix is a coloured compound. The acidic peptide is combined with the matrix, vapourised, and peptides are released. Some of them are positively-charged particles which travel across a vacuum tube in an electric field. Depending on the weight of the peptides, these molecules reach the end of the vacuum tube at different instances of time, forming a spectrum. These graphs are like unique fingerprints of a species: they are different for different species of animals. Looking at the database of such graphs, taxonomic identifications of the collagen proteins came be made.

All four bone tools from Abri Peyrony gave positive results and showed that the bones were made from large bovids, even though reindeer were more abundant during that time. One of the advantages of using bovid ribs over reindeer’s thin ribs was the bovid ribs would be more resistant to breaking during flexion, Dr Martisius said.

Dr Martisius said such non-destructive ZooMS analysis was previously conducted, but for tools no older than a few centuries. She said such an analysis had never been previously conducted for artefacts so ancient.

Wikinews caught up with Dr Martisius to discuss this research in-depth.

Retrieved from “https://en.wikinews.org/w/index.php?title=Neanderthals_%27knew_what_they_were_doing%27:_Archæologist_Dr_Naomi_Martisius_discusses_her_findings_about_Neanderthals%27_behaviour_with_Wikinews&oldid=4678768”
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October

1

Advantages Of Outdoor Wheelchair Lifts

There are a lot of advantages of outdoor wheelchair lifts because this lifts has several of pieces that promotes the freedom of a disable person. If you have a disable person in home then this wheelchair lift is a great gift for him. More of the consumers in these dayss love to have this handicap wheelchair lift. It is very convenient and effective lift which is used to transfer disable person from one place to another. Some of the outdoor Handicap wheelchair lifts advantages and benefits are as follows.

Top most important benefit of outdoor wheelchair lifts is, it is very effective in terms of surpassing climate changing. These out door wheelchair lifts are manufactured with the stainless steel and aluminum that is why these are very tough in either hot or cold whether. And even snow and cold seasons are not a big issue for these hard and tough outdoor handicap wheelchair lifts, because these lifts can be controlled and handled in the even the 15 degree Celsius climate temperature. This is the one of the biggest reasons of its popularity. But you should never activate this wheelchair lift if the snow is around the whole machine.

This handicap liftis a water proof machine. So that is why the water will not able to enter in the engine of this machine in the rainy season.

This outdoor wheelchair lift is manufacture with light weight equipment and it is portable. So that is why everybody can use this machine anytime, everywhere. Its light weight parts made for easy mobility access.

The outdoor wheelchair handicap lift is available in two models in the market. These are electric wheelchair lifts and hydraulic wheelchair lifts. You can purchase that lift which is more suitable for you or your loved ones. If you think electric operated lift is able to meets your needs then you should purchase this electric operated outdoor lift and if you want to cut down the electricity bill then you should consider to have hydraulic operated outdoor wheelchair handicap lift.

Anyone can ride on this wheelchair lift because modern and latest wheelchair lifts are able to lift 250 to 500 pounds weight.

If you purchased outdoor wheelchair lift and now you want to have an indoor wheelchair lift. Then there is good news for you, you can use this outdoor wheelchair lift for indoor application as well.

Purchasing outdoor wheelchair lift is a good choice because of all upper mentioned benefits.

Filled Under: Hydraulic Equipment