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Every big business that would benefit from the company tax cut, in one chart

POLITICS
From the banks to mining giants, and the supermarket duopoly, hundreds of businesses are in line for the Government's planned big company tax cut. The problem for the Government? The Senate doesn't support it. That hasn't stopped Malcolm Turnbull and his team trying to win the crossbench over. Its latest...
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Could Labor’s tax changes make the system fairer or hurt investors?

POLITICS
Under dividend imputation rules, Australians are given franking credits on the dividends they receive for the shares they own in order to avoid company profits being taxed twice. Because the company has already paid tax on its earnings, its dividend payments to shareholders come with credits that reduce...
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The financial sector is professional gambling in action

POLITICS
The financial sector is professional gambling in action Shutterstock/f8studio Chris Brady, University of Salford The American journalist and poet Ambrose Bierce wrote in his 1906 satire The Devil’s Dictionary that “the gambling known as business looks with severe disfavour on the business known as gambling”. That phrase has a particular ring of truth...
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ExxonMobil avoids corporate tax until 2021

FUA AWARDS
ExxonMobile reported revenues of $9.6bn in 2013-14, $8.5bn in 2014-15 and $6.7bn in 2015-16. ExxonMobil told a Senate inquiry on Wednesday 14th Mardch 2018 that it did not expect to pay any Australian corporate tax until 2021, meaning it would not have paid the tax for eight years, and was again accused of...
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One Belt, One Road: Explained

POLITICS
It is an attempt by the Chinese to secure global dominance at a time when the United States is stepping back, and on the domestic front to keep growth and wealth strong for decades to come. More than 2,000 years ago, China’s imperial envoy Zhang Qian helped to establish the...
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‘Staggering’: $90 billion lost in resources tax

FUA AWARDS
'Staggering': $90 billion lost in resources tax By Eryk Bagshaw 12 March 2018 — 3:47pm An Oxford University expert says Australia would be $90 billion better off if it adopted European-style resource tax policies and argues the Turnbull government has given up on collecting a meaningful amount of revenue from some of its...
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You can’t just call any risk a sovereign risk

POLITICS
What is 'Sovereign Risk' Sovereign risk is the risk that a central bank will impose foreign exchange regulations that will significantly reduce or negate the value of its forex contracts. It also includes the risk that a foreign nation will either fail to meet debt repayments or not honor sovereign debt payments. "sovereign risk"...
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The Digital Skill Set of a journalist – editor – publisher

POLITICS
      Unlike many online news portals, your Pigsfly Newspaper doesn’t hold any annoying advertising, we don’t try and sell you anything nor have we put up a paywall – We want to keep our communiques as open and honest as we can. Your Pigsfly Newspaper is fiercely independent and...
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Close up: the government’s facial recognition plan could reveal more than just your identity

POLITICS
Close up: the government's facial recognition plan could reveal more than just your identity Zapp Photo shutterstock. Jake Goldenfein, Swinburne University of Technology A Bill to set up the federal government’s biometric identity system is currently going through Parliament. But there are concerns over just how much information the system would be...
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Revealed: the extent of job-swapping between public servants and fossil fuel lobbyists

POLITICS
This was the same firm that Robb had publicly defended when it controversially acquired a 99-year lease for the Port of Darwin in 2015. Two years after clinching a historic free trade deal with Beijing, former trade minister Andrew Robb has become a "high-level economic consultant" with the Chinese company...
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