My blog operated for 10 years and, at one stage, had more than 1000 hits per day. It has remained unloved and almost unused for two years now. The delete button is presenting itself as an option. There are problems in posting photographs that I cannot resolve and cross-postings to Facebook, where I tend to reside these days, only work on occasion. Giving the matter thought.
Articles from Harry Clarke
Xmas is a celebration of what is guessed to be the approximate birth date of Jesus Christ. It is an important occasion in almost all civilised societies for both Christians and Non-Christians alike.
The case for diversifying your equity portfolio internationally is obvious given that Australian equities are such a small component on the overall international equity market and given the strong growth potential in many newly emerging markets. One way of doing this – that I have in the past thought was a sound idea is to buy “low load” (low transaction cost) exchange traded funds from firms such as Vanguard. I have increasingly developed reservations about pursuing this path.
Introduction. One of the important constraints on tax reform in Australia is widespread ignorance about notions of tax incidence. A mistaken theory of tax incidence – the “flypaper theory” – suggests that taxes impact on those groups that they are directly levied on. So, payroll taxes and superannuation levies fall on the companies they are levied on.
The move by Chinese interests to purchase 1.3% of Australia (the Kidman properties) for $300m is against Australia’s economic and political interests. The land will be used by the Chinese to pursue pastoral activities in Australia using imported Chinese capital resources and, at least down the line, Chinese workers.
An interesting debate on superannuation was initiated in the AFR a few days back by Geoff Carmody. His argument was that the current system of superannuation should be scrapped and replaced by an age pension entitlement for all.
This Age journalist complains about the $18 cost of his son’s cross town journeys to visit his girlfriend. His diagnosis of the problem is, however, wrong. The costs of using CityLink in Melbourne are based on guaranteeing a secure profit for Transurban. The objective is cost-recovery with a margin.