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Thread: High Court rules penalty rate cuts to stay

  1. #1
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    High Court rules penalty rate cuts to stay

    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

  2. #2
    Tombie Guest
    Welcome to a 7 day world..

    Personally it should be base hours to 37.6 and then penalty rates after that..

    As a modern society WE asked for 24/7 convenience- this is an outcome of such.

  3. #3
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    Good to see mods are paying attention, moving this back to walrus. Can't say any more, without the usual suspects reducing it to a ****fight.I'll say this. Small business can't afford penalty rates, in the most part. Low paid workers can't afford to lose penalty rates. I say, raise the basic wage to get to the point that over 7 days, weekend penalty rates aren't needed. Or, reduce taxes for small business, not big business. There would be a way, if big business didn't run government.
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

  4. #4
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    I posted this elsewhere, but all of our useless politicians should watch this.

    If Russ Ackoff had given a TED Talk... - YouTube
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

  5. #5
    Tombie Guest
    Bob,

    Big business still pays a LOT of tax..
    And small business with a decent accountant don’t pay a huge amount.

    Wages are always the biggest variable cost, especially in Hospitality..

    Reality is that the old days of cheap beers and counter meals are gone! Pubs and eateries pay a decent base hourly rate in many cases, you just have to work weekends, nights and split shifts to be in that industry.

  6. #6
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    Sure they do, Tombie, sure they do. Doesn't mean they are avoiding tax, just means they are being looked after by the tax system. AKA, government.

    Who pays what? ATO names large companies that paid zero tax in 2014-15 - ABC News (Australian Broadcasting Corporation)
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

  7. #7
    Tombie Guest
    Come on Bob, you’re smarter than that....

    If you’re capitalising, and spending on construction/r&d etc you can claim a legitimate tax concession.

    This applies to ALL business.

    Also, total income declared isn’t EBITDA, so whilst the company may have made an income of 15million its possible it spent the Same or more, plus depreciation...

    Smart people in all business sizes minimise tax...

    And those Huge corporations- the amount of Payroll, inventory, royalties etc they pay are significant...

    Never lose sight of the bigger picture.
    Tax hard and lose investment, no investment=no jobs for a significant portion of workers...

    So it’s not always about the “obvious” High Court rules penalty rate cuts to stay

  8. #8
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    Quote Originally Posted by Tombie View Post
    Come on Bob, you’re smarter than that....

    If you’re capitalising, and spending on construction/r&d etc you can claim a legitimate tax concession.

    This applies to ALL business.

    Also, total income declared isn’t EBITDA, so whilst the company may have made an income of 15million its possible it spent the Same or more, plus depreciation...

    Smart people in all business sizes minimise tax...

    And those Huge corporations- the amount of Payroll, inventory, royalties etc they pay are significant...

    Never lose sight of the bigger picture.
    Tax hard and lose investment, no investment=no jobs for a significant portion of workers...

    So it’s not always about the “obvious” High Court rules penalty rate cuts to stay
    No, I am not smarter than that. You pay tax or you don't.

    Tax Loopholes: Big business avoids company tax
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

  9. #9
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    Not just an Australian problem, and not illegal. But most Australian businesses can not take advantage of these tax dodges. Meanwhile, workers get pushed into higher tax brackets by tax creep. You can't please everyone, but big business please themselves. EDIT. I know this is 2014, but it gives a good overview of the problem.As stated, the G20 may have started in train procedures to control the problem. I'm not aware ,if they have.

    https://www.economist.com/news/finan...axmen-transfer
    I’m pretty sure the dinosaurs died out when they stopped gathering food and started having meetings to discuss gathering food

    A bookshop is one of the only pieces of evidence we have that people are still thinking

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