Australian (ASX) Stock Market Forum

****ASF Breaking News****

Jump to new
 
This highlights how stupid our politicians are, I have put it here because both sides of politics argree with the idea, both are crazy. They want to overseas companies, to collect the GST on goods under $1000, novel idea.

http://www.smh.com.au/business/reta...ralian-shoppers-over-gst-20170417-gvmkoe.html

Just in case you can't access the link, I have copied the relevant parts, that show the stupidity. IMO

The proposed tax treats online sales platforms like eBay and Amazon as the supplier, meaning they would be responsible for applying the tax.

But eBay said that it did not own, hold or distribute goods, nor handle payments.

"In reality, buyers use the eBay search engine to find goods and choose which seller to transact with," Mr Park said.

"Deeming eBay to be a seller is a fiction designed by the Government to give the impression of raising revenue."
Mr Park also said the proposed tax was overly complex, with goods worth under $1000 having tax applied by the seller while goods worth over $1000 would be shipped tax-free and taxed by Australian customs upon entry to the country.

"Separate goods in one box would appear to attract both tax treatments," he said.

Mr Park suggested shipping companies, including Australia Post and its parcel arm StarTrack, be made responsible for tax.

"These companies can require buyers to declare whether a good is new and to nominate a value of the good as part of the pricing of parcel delivery to Australia," he said.

In its submission, Amazon said GST should be levied on all goods to but said it shouldn't have to collecting the tax, agreeing with eBay that shipping companies should be made responsible.

The July 1 start date for the new tax was "completely unrealistic", with both businesses and government unable to implement required changes by then, Mr Park said.

I can't wait to see how this pans out.
 
Police officer killed, another wounded in Paris shooting



?m=02&d=20170420&t=2&i=1181398076&w=&fh=&fw=&ll=780&pl=468&sq=&r=LYNXMPED3J1HW.jpg

Police secure the Champs Elysee Avenue after one policeman was killed and another wounded in a shooting incident in Paris, France, April 20, 2017. REUTERS/Christian Hartmann
http://www.reuters.com/article/us-france-shooting-idUSKBN17M2I8
 

Attachments

  • ?m=02&d=20170420&t=2&i=1181398076&w=&fh=&fw=&ll=780&pl=468&sq=&r=LYNXMPED3J1HW.jpg
    ?m=02&d=20170420&t=2&i=1181398076&w=&fh=&fw=&ll=780&pl=468&sq=&r=LYNXMPED3J1HW.jpg
    58.9 KB · Views: 23
Hopefully all is well in London, at the Palace. News pending.

Markets won't react well to negative news, since Her Maj and Phil are such strong stabilizing forces. Icons you could say.
 
Might have to get 2day fm to ring them up again..
 
Highly unusual the whole thing, and no explanation has been offered by the media. Basically a low-level announcement after an emergency 3am call to staff. Huh?

So I'll speculate... If anyone else has a better explanation, let's hear it.

I think Palace security might be testing the waters. I mean, the day will come, right? Hopefully not for many years but it will come. Does London go into meltdown? Do financial markets fall through the floor? Do the Muslims start dancing in the streets? They want to know if any special preparations need to be made, I guess. Unexpected reactions or consequences.
 
Gringotts Bank said:
I think Palace security might be testing the waters. I mean, the day will come, right? Hopefully not for many years but it will come. Does London go into meltdown? Do financial markets fall through the floor? Do the Muslims start dancing in the streets? They want to know if any special preparations need to be made, I guess. Unexpected reactions or consequences.
Click to expand...

Yes, the day will come as it has before, but so what ? Others will take over. The demise of 90+ year olds is not surprising.

I can't really see the point of giving a whole nation the jitters with an emergency meeting when they could just make a public announcement at the appropriate time and sent an email to all staff just beforehand.

But then, the ways of the high and mighty are not for the plebs to contemplate while doing the ironing or mowing the lawn.
:rolleyes:
 
SirRumpole said:
Yes, the day will come as it has before, but so what ? Others will take over. The demise of 90+ year olds is not surprising.

I can't really see the point of giving a whole nation the jitters with an emergency meeting when they could just make a public announcement at the appropriate time and sent an email to all staff just beforehand.

But then, the ways of the high and mighty are not for the plebs to contemplate while doing the ironing or mowing the lawn.
:rolleyes:
Click to expand...

Yeh life will go on. Lawns will get mown no matter what.

The symbolism is very powerful, however. Especially regarding the Queen. Never any scandal or fuss surrounds her, working into her nineties, she's a class act all the way. Her values, and the way she has lived provides massive stability to the country. Now consider the unrest that envelops Europe due to the immigration of people with totally different lifestyles and values, and you can see the importance.
 
Last year's Qantas pie chart...
20160224-quantapiechart.jpg


Last night's...
be14e2ad4b3df84105ae5a96c1c175c8.jpg


Fred Nile strikes again. LOL
 

Attachments

  • 20160224-quantapiechart.jpg
    20160224-quantapiechart.jpg
    17.5 KB · Views: 30
  • be14e2ad4b3df84105ae5a96c1c175c8.jpg
    be14e2ad4b3df84105ae5a96c1c175c8.jpg
    36.6 KB · Views: 31
PZ99 said:
Last year's Qantas pie chart...
20160224-quantapiechart.jpg


Last night's...
be14e2ad4b3df84105ae5a96c1c175c8.jpg


Fred Nile strikes again. LOL
Click to expand...

He does look like Fred doesn't he hahaha
 

Attachments

  • 20160224-quantapiechart.jpg
    20160224-quantapiechart.jpg
    17.5 KB · Views: 22
  • be14e2ad4b3df84105ae5a96c1c175c8.jpg
    be14e2ad4b3df84105ae5a96c1c175c8.jpg
    36.6 KB · Views: 22

Similar threads

Glen48
Life in the USA
Replies
4
Views
4K
Monkey C Doo
M
R
IRAQ: the Big (neo) Con
Replies
1
Views
5K
basilio
basilio
Top