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Tax-evasion scheme involved network of companies and dummy directors, court told

Tax-evasion scheme involved network of companies and dummy directors, court told

by Shared by ABC Online. | Jun 13, 2017 | News

The Federal Court heard last week that Philip Whiteman also installed people — including a homeless man — as company directors without their knowledge in order to shield the real directors from authorities.Read the full story at ABC online. 
Economy grows at 0.3 per cent in March quarter dragged down by exports, housing

Economy grows at 0.3 per cent in March quarter dragged down by exports, housing

by Shared by ABC Online. | Jun 8, 2017 | News

The soft reading means in seasonally adjusted terms, annual growth has slowed to 1.7 per cent from the 2.4 per cent record in the fourth quarter last year.Read the full article on ABC Online.
First home buyers need 40 years to save for Sydney deposit: UBS

First home buyers need 40 years to save for Sydney deposit: UBS

by Shared by ABC Online. | Jun 5, 2017 | News

You could build a decent sized Egyptian pyramid with manual labour, construct a massive channel connecting the Atlantic and Pacific oceans and still have another decade up your sleeve to develop the Apollo program to get the first man on the moon.There would also be...
The black economy: A $40 billion black hole the Government is scrambling to plug

The black economy: A $40 billion black hole the Government is scrambling to plug

by Shared by ABC Online. | May 31, 2017 | News

And while the black economy is estimated to be worth as much as a fleet of 12 new submarines, no-one knows exactly what the figure is.Read the full article on ABC Online.
More speed humps ahead for economy with business investment and retailing still weak

More speed humps ahead for economy with business investment and retailing still weak

by Shared by ABC Online. | May 29, 2017 | News

The prosecution of the case that the economy has stalled, or even reversed, may be given more evidence this week with key data in business investment and retail.Economists have been rejigging their spreadsheets. The common theme is economic growth forecasts have been...
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