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.


Odense SC win Danish squash championship

Friday, May 2, 2008

Odense Squash Club (OSC) won the Danish team club championship in squash. During the weekend of April 26 and 27, the final four of the Danish championship were played at OSC home stadium, Squash Center Danmark, due to OSC winning the league system this season. OSC beat Herlev/Hjorten Squash (Herlev) 6-1 in the final.

OSC was the favourite to take the gold this weekend, as they had already won league play with a comfortable lead over København Squash Klub (KSK), and therefore had home court and could pick their opponent in the first semi-final. OSC chose to play Åbyhøj Squash Klub (ÅSK) in the first semi final, and beat them with ease 6-1, only loosing the women’s second to Ditte Nielsen (ÅSK).

During the other semi, the favoured professionals from KSK, ran in to serious problems, as injured star player Alex Stait was not able to play for KSK giving the young Herlev team a chance in this semi. After 5 matches and down by two matches, Mikkel Kragholm (Herlev) and Thomas Pilak (Herlev) became double match winners when they each beat their opponents by 3-0 and 3-1, winning the match 4-3 for Herlev.

The final was, however, dominated by OSC, and Herlev wasn’t ever in the match. Only Danish individual champion Morten Sørensen was able to win for Herlev. Herlev lost the rest of the matches. OSC’s players proved to be to strong for last years bronze winners from Herlev. OSC won the Danish championship 6-1 in the final at Squash Center Danmark in Odense.


Plastic Surgery Process Liposuction}

Plastic surgery process Liposuction


harshikaLiposuction delhi

is processes which can aid body sculpt by removing surplus fat from particular parts of the patient body such as the abdomen, buttocks, hips, thighs, knees, chin, upper arms, cheeks and neck to give a more natural look.

There are numerous methods some are the tumescent technique, ultrasound-assisted lipoplasty (UAL), and the super-wet method by surgeon give a more accepted results with quicker recovery times.

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Whereas exercise and dieting might be helpful for losing surplus fat from the body, several fat place are very defiant and might not respond to efforts at weight loss. Through the help of liposuction methods might be an alternative in these conditions. Liposuction is not a shortcut option to work out and diet.

It is a form of body curving and not a weight loss technique. The amount of fat get distant removed differ by physician, technique, and patient, but the usual amount is normally 3 to 5 liters.

The person is good for the treatments by the liposuction are normal weighted persons with rigid, stretchy skin with surplus fat in certain parts.

However age is not a most important concern, older patients might have reduced skin softness and might not attain the similar results as a younger patient. In liposuction localized deposits of fat are aloof to recontour one or more parts of the body. By doing the tiny cut, a narrow cannula is put in and used to suction out the fat layer under the skin. The cannula is inserted and pulled inside the fat layer, breach up the fat cells and suctioning them out. The suction stroke is given by a large syringe or vacuum pump, depending on the surgeon’s preferred and part of surgery.

After plastic surgery Delhi

, various fluids drainage from the incisions is probable to stop and control swelling and to make your skin pull back and improved fit its new curves; patient is fitted with a cozy elastic item of clothing to wear over the cured part for a few weeks. Few side comprises ache, swelling, burning, bleeding and short-term deadness. Pain could be lessening with the help of some prescribed drugs.

Types of Liposuction

There are numerous kinds of liposuction process nowadays available, all of which use a wand-like tool known as cannula to get rid of surplus fat. Tumescent liposuction engages the insertion of a large amount of painkiller into the region that is being cured; the wet and super-wet methods are difference of this sort of liposuction.

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George Bush: Rescue plan will get through

Tuesday, September 30, 2008

George W. Bush vowed to get the USD 700 billion economic rescue plan through congress in a statement to the media made today.

“Yesterday, the House of Representatives voted on a financial rescue plan that had been negotiated by Congressional leaders of both parties and my administration,” Bush reminded the audience. “Unfortunately, the measure was defeated by a narrow margin. I’m disappointed by the outcome, but I assure our citizens and citizens around the world that this is not the end of the legislative process.”

“Producing legislation is complicated, and it can be contentious. It matters little what a path a bill takes to become law,” he continued. “We’re at a critical moment for our economy, and we need legislation that decisively address the troubled assets now clogging the financial system, helps lenders resume the flow of credit to consumers and businesses, and allows the American economy to get moving again.”

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    “I recognize this is a difficult vote for members of Congress. Many of them don’t like the fact that our economy has reached this point, and I understand that. But the reality is that we are in an urgent situation, and the consequences will grow worse each day if we do not act. The dramatic drop in the stock market that we saw yesterday will have a direct impact on the retirement accounts, pension funds, and personal savings of millions of our citizens. And if our nation continues on this course, the economic damage will be painful and lasting.”World and US markets today are up after severe declines yesterday. Most have recovered 30% of their previous losses, meaning that the potential government expenditure was similar to the market losses.

    Bush then said that he knows “many Americans are especially worried about the cost of the legislation.” He then attempted to justify the cost. “The bill the House considered yesterday commits up to 700 billion taxpayer dollars to purchase troubled assets from banks and other financial institutions. That, no question, is a large amount of money. We’re also dealing with a large problem. But to put that in perspective, the drop in the stock market yesterday represented more than a trillion dollars in losses.”

    If passed, the bailout plan would have allowed for the United States government to purchase devalued mortgage backed securities, resulting from the subprime mortgage crisis, from troubled financial institutions. The US Treasury Secretary Henry Paulson said the plan could cost up to $700 billion.



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    What To Feed Your German Shepherd

    Submitted by: Thomasdt Burton

    Your German Shepherd deserves treatment suit for a king or queen, which include a great superior diet to sustain this difficult-functioning dog’s complicated nutritional requires.

    Unfortunately, the German Shepherd breed has been identified to endure from allergic reactions that manifest by themselves in pores and skin complications. By feeding your beloved German Shepherd a special diet plan that you prepare by yourself, in your individual kitchen area, employing German Shepherd canine meals recipes that include normal substances that you can obtain at the neighborhood grocery retail outlet, you can support relieve some of the difficulties prompted by your German Shepherd’s nutrition and allergy issues.

    Providing for your German Shepherd’s treatment implies you will need to present the finest puppy foods you can pay for. An inexpensive remedy to substantial-priced top quality dog foods is to make your unique dog foods. Begin with 5 common elements, and flip them into a collection of German Shepherd puppy foods recipes that your dog enjoys.

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    The five primary ingredients identified in nutritious puppy foods are protein, starch, vegetable, fat and seasoning. Have fun with these elements to come across the mixture of substances that get the most thrilled response from your German Shepherd.

    When putting collectively canine meals recipes for your German Shepherd’s diet, use eggs or lean meat for the protein. There are dozens of substances you can use for the starch. Start out with oatmeal, breadcrumbs, baked potatoes, steamed rice or boiled noodles. Look at distinctive cooked greens until finally you come across 1 your puppy likes. Some dogs like tomatoes though some others like peas, carrots or celery. You are going to know you have discovered the suitable one particular for your German Shepherd’s nutrition when your dog begs for additional!

    German Shepherds have sensitive stomachs, so an important feature of German Shepherd nutrition is to make any dietary modifications little by little to make it easy for the puppy adequate time to adapt its procedure to the new diet regime. This is genuine even when the canines are quite compact. Request your German Shepherd breeder for a sample of puppy foods so you can carry on to feed your new puppy the exact puppy foods as the breeder fed it. Add a little bit of nutritious homemade meals to the breeder’s foods each day, until finally ultimately your puppy is consuming one hundred percent homemade meals.

    Talk to your veterinarian previous to you make any improvements to your German Shepherd’s diet plan. If your German Shepherd has been diagnosed with a health care ailment or will take prescription medicine, consulting your vet is really crucial, as ingredients in dog food might interact with your German Shepherd’s medications. The extra information and facts about your German Shepherd’s treatment you can find out, the superior treatment you can give your dog.

    It is the typical for dog owners to make the assumption that industrial puppy foods diet programs are a complete and balanced food supply for their dog. You must realize that your German Shepherd has equivalent nutritional requirements to humans if you want to feed them your own eating plan simply because you are apprehensive about the excellent of commercial diet plans, which frequently range enormously across different brand names.

    About the Author: For more information go to




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    Manitoba volunteers go to war against Red River flooding

    Monday, April 6, 2009

    Over 1,600 volunteers registered to help build approximately 65,000 of the 500,000 sandbags to create dikes 20.5 feet (6.2 meters) high to protect the City of Winnipeg, Manitoba in the war against the Red River of the North flood.

    700 volunteers answered at the rural municipality of St. Andrews alone. Once sandbags are filled for West St. Paul, St. Andrews, and Selkirk, then frozen culverts must be cleared.

    The height of the river is expected to be Thursday, and predictions are that it will be less than Flood of the Century of 1997. There is no precipitation in the forecast, and snow in the province should be melted by the end of the week.

    “The fear right now is we have to get that ice out of the river. The Amphibex [Excavators] are still working and breaking the ice apart, and everyday we buy with the warm weather and the current, it is thinning the ice down a bit, so when it does start to move, the better chance it’ll move right out into the lake,” said Paul Guyder, the emergency coordinator for the RMs of St. Andrews and St. Clements.

    “I feel that we’ve done everything humanly possible to get ready,” said Gary Doer, Premier of Manitoba, “But … there are fallibilities with human behaviour. We can take every preventative measure as human beings possible and we can still get Mother Nature proving again she is superior.”

    Communities with ring diking will partially or fully close their dikes at the beginning of the week. Provincial officials are considering opening the Red River Floodway gates around mid-week before ice is fully melted.

    Ice jams could cause flooding within the city, however opening the gates could spare neighbourhood flooding when the river rises to the estimated 6.3 meters (20.7 feet) height. The province does have back up plans for dealing with ice jams within the city if they do occur. The unpredictability of ice jams and the ensuing water level rise may cause neighbourhood flooding. The city is raising dikes where the river has jammed with ice in the past such as on tight curves and past bridges. Likewise there are excavators and backhoes positioned at these points.

    Vulnerable neighbourhoods on the river banks have been reinforced with sandbag dikes at vulnerable areas from the massive volunteer effort over the weekend. Guyader feels no more extra volunteers are needed, however volunteers are still being asked to leave their names and number in case of unpredicted need. Existing personnel will assess roads, and help with clean up.

    Approximately 400 of the 800 people who evacuated the Roseau River Anishinabe First Nation have returned to their homes.

    Former Premier, Dufferin Roblin, brought forward the floodway as a protection for Winnipeg residents and economy following the 1950 Red River Flood. The Red River floodway, “Duff’s Ditch” was finally finished in 1968, and its floodway gates have been opened 20 times saving Winnipeg from an estimated CA$10 billion in damages. The floodway expansion began in 2005 at a price of $665 million.

    Polish and Chinese experts have come to survey the Red River Floodway, and Dennis Walaker, mayor of Fargo, North Dakota recognises the need for Red River flood defences down river. “Every town that you drive by from the Canadian line up to Winnipeg is either elevated or ring-diked,” said Walaker.


    Several groups seek to purchase Saturn auto brand

    Thursday, May 7, 2009

    Penske Automotive Group, Inc., an Ohio-based investment group and Telesto Ventures have indicated separately that they are interested in purchasing the Saturn auto brand from General Motors (GM).

    According to The Wall Street Journal, Nissan-Renault is interested in purchasing Saturn. Bloomberg, however, indicated that Nissan-Renault may be a partner of Penske’s potential bid. If Penske acquired the brand, they would distribute Saturn vehicles and outsource the assembly.

    GM revealed that the Saturn brand along with Saab and Hummer were up for sale when unveiling their restructuring plans to Congress for governmental loans. While the Pontiac brand was originally to be a niche brand, GM had changed their plans recently and decided to eliminate the brand.

    Telesto Ventures is an investment group that includes private equity firm Black Oak Partners LLC of Oklahoma City and several Saturn dealerships. Initially, Telesto will purchase Saturn branded cars from GM then act as a general retailer for foreign brands. Telesto is in talks with several foreign manufacturers.

    The Ohio group includes many former senior auto company managers plus private financial backers, chemists and engineers who live in Michigan, Ohio, Indiana and Florida. This group plans to initially purchase cars from GM then purchase existing but closed plants due to automaker restructuring. Additionally, one of the partners indicated a willingness to accept some “legacy” cost in relation to the United Auto Workers. The Ohio group is also pursuing possible loans or other support from national and state governments.

    GM is reviewing several offers for Saturn. GM has contracted with S.J. Girsky & Co. to advise them on the sale.


    Magnitude 7.7 earthquake strikes Antofagasta, Chile

    Thursday, November 15, 2007

    Authorities in Chile say at least two people have been killed and more than 100 injured after a powerful earthquake struck in the north, sending terrified residents into the streets and cutting power to some of the country’s copper mines. According to the United States Geological Survey (USGS), the quake struck on Wednesday, November 14, 2007 at 15:40:53 UTC.

    Officials said two women were killed Wednesday when their houses in the town of Tocopilla collapsed during the 7.7 magnitude earthquake. They also said another person may have died in a tunnel collapse there, which has trapped some 50 workers.

    Government spokesperson Ricardo Lagos said “They will be evacuated by the Navy via the ocean. As far as we know there are no injured or dead [among the workers].”

    The USGS said the quake was centered west of the town of Calama. It was felt as far away as the Chilean capital, Santiago, and neighboring Peru and Bolivia.

    Television images showed cars crushed under the concrete awning of a hotel in Antofagasta, 170 kilometers south of the epicenter.

    The police chief of Arequipa, Hernan Tamayo said, “People ran out into the streets because of how prolonged the quake was. There was a lot of alarm but no material or human damage.”

    The quake was followed by six aftershocks with magnitudes of up to 5.7. Additionally, the quake triggered a tsunami warning which was later lifted.

    In Tocopilla, 115 people were injured. Mayor Luis Moyano said about 1,200 houses had been flattened. “Today, the people of Tocopilla are going to have to sleep in the streets,” he said in a radio address.

    In total, 3,000 homes have been destroyed in Chile, according to the Housing Minister. The government has airlifted hundreds of portable homes to provide shelter.

    In August, an 8.0 magnitude earthquake struck Peru, killing about 540 people and injuring more than 1,000 others. The southern port city of Pisco was one of the areas devastated by the powerful quake, which lasted two minutes.

    This article is based on Powerful Earthquake Strikes Northern Chile by VOA News which has a copyright policy compatible with our CC-BY 2.5. Specifically “Copyright status of work by the U.S. government

    Cosmetic And Reconstructive Surgery

    The Only Effective Heartburn Treatment

    Submitted by: Jeff W. Martin

    There are typically three principal kinds of treatment for Heartburn: classical medicine, surgical operations and the natural/holistic solution. These methods are very different in the way that they operate and their approach to resolving the different underlying factors, as well as in their effects over the long-term. It s important to select the correct and most effective solution for you and that means getting precise information on the real reasons that lie behind the symptoms of heartburn.

    Heartburn is the external manifestation of acid reflux or GERD (gastro-esophageal reflux disease). GERD is what happens when the muscular valve between the esophagus and the stomach is weakened. This valve is also known as the lower esophageal sphincter (LES). When the LES is in a normal, healthy state, it allows food to pass one way into the stomach, but shuts afterwards to prevent acidic stomach contents from being pushed back the opposite way. It is when this muscle relaxes at the wrong moment that acid content refluxes into the esophagus and causes the pain and burning that is known as heartburn.

    Physicians habitually treat heartburn and associated problems by prescribing medications, some of which can be bought over the counter. These drugs to treat acid reflux can be further divided into three categories:


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    , examples being Maalox, Rolaids, Mylanta and Tums. They neutralize stomach acid by creating a covering that envelops the food content.


    H2 blockers

    to reduce acid creation, examples being Pepcid AC, Axid AR and Zantac 75. They diminish acid production in the stomach.


    PPI (Proton Pump Inhibitors)

    , examples of these being Nexium, Protonix and Prilosec, which act by blocking the stomach cell mechanism that releases acid.

    Although short-term alleviation of pain can be effected by these drugs, long-term usage can lead to a number of problems. These drugs do not treat the underlying causes but only the symptoms and they do this by changing the chemical ingredients of the gastric system. The Journal of Gastrointestinal Surgery published an article in 2004 to show that PPIs do not help with the frequency of reflux attacks for GERD victims. PPIs simply change the acidic contents into alkali ones. The reflux still occurs in the esophagus with acid content now being changed in to an alkaline bile that may in fact be no better. These drugs in general only have a temporary effect and can also lead to long-term dependency. GERD drugs such as these can also generate many undesirable secondary effects.

    The next alternative to drugs is surgical intervention. The surgeon uses the upper part of the stomach to wrap around the lower part of the esophagus in order to reinforce the valve mechanism between the esophagus and the stomach. This is designed to stop the valve opening when it should not, thereby halting the flow back of stomach contents into the esophagus.

    This solution is not without its problems however. Risks and secondary effects include cramps in the abdomen, diarrhea, nauseous feelings, bloating and problems in swallowing. A patient who relies solely on this is likely to be disappointed as without the right lifestyle of diet alterations, heartburn symptoms can come back again.

    The major drawback of these classical methods for resolving heartburn is that they all target local GERD symptoms and give solutions only for reducing the symptom, and not the real cause. They try to decrease the quantity of acid produced, or neutralize the acid or tighten mechanically the LES. Yet in no case are the real causes being addressed.

    It is the simultaneous existence of different medical and lifestyle factors that provoke acid reflux. Genetic weakness, fatty foods, being overweight and specific lifestyle and nutrition factors all conspire to weaken the LES which stops it from closing properly. Inner equilibrium can also be perturbed by Candida infection and poor diet and lifestyle habits, including undue stress and inadequate sleep patterns, which lead to excess acidity, toxic accumulation and fermentation. It is the underlying factors that must be tackled to treat heartburn. This is the only possibility for permanently solve acid reflux and to prevent it from happening again.

    About the Author: Jeff Martin is an author of the best-selling e-book, “Heartburn No More- Open The Door To an Acid Reflux Free Life”. To Learn More About His Unique 5-Step Holistic Acid Reflux Cure System Visit:

    Heartburn No More

    . For further information visit:

    Heartburn Treatment



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