Taxes
Aarustralia’s A$14 billion coal industry is expected to be affected with an export ban to China and a terribly upset Prime Minister Scott Morrison said the decision by Beijing would be a “lose-lose” for the environment and trading relationship. Morrison argued – “It really is a lose-lose because coal from other countries, compared to Australian […]
... written on Dec 15 2020When a crook like Najib Razak proposes something, just do the opposite and it should be the best solution. The former premier’s insistence, or rather blackmails without which he threatened to withdraw his support for the fragile backdoor Muhyiddin government, that EPF members must be allowed to withdraw up to RM10,000 as part of Covid-19 […]
... written on Nov 30 2020Why don’t poor countries just print more money? Likewise, why can’t the central bank print money and give the free cash to the people who have become jobless or under-employed due to Covid-19 pandemic? Those are excellent questions – if came from a curious kid. But coming from a deputy minister, it could only mean […]
... written on Nov 21 2020Australia was hoping that by signing the China-backed Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, it will automatically fix, or at least improve the country’s strained relations with China. If only it was so easy. It would take more than an insignificant deal like RCEP, of which the direct economic benefits are limited, to […]
... written on Nov 19 2020Financial planning 101 say if you consistently spend more than you earn, it becomes the secret recipe of huge debt. In the case of (previous) Barisan Nasional government, not only did they spend lavishly beyond their ability to grow the economy, they also plundered and stole money from the national coffers. Everything looked rosy until […]
... written on Nov 08 2020Australia’s economy, already plunged into recession in September – its first recession in 30 years since 1991 – continues to register bad news. And it has nothing to do with Covid-19 pandemic. Rather, it’s a self-inflicted economic backlash after Canberra deliberately campaigned for an international inquiry into the origins of the Coronavirus in April which […]
... written on Nov 04 2020Australia’s economy officially plunged into recession in September after it registered two consecutive quarters of negative growth. Its GDP (gross domestic product) shrank 7% in the April-to-June quarter compared to the previous three months. Not only this is Australia’s first recession in nearly 30 years (since 1991), but also the deepest since the Great Depression […]
... written on Oct 17 2020China-U.S. relations over the next four years will depend on the outcome of the coming November presidential election, which is less than 30 days away. Therefore, whether the American voters realize it or not, they will not only decide the next president of the U.S., but also the future of China-US relations. It’s this reason […]
... written on Oct 09 2020Naturally, there are many reasons why you would want to be good with money; being good with money is more than just making ends meet. Managing your finances wisely can help you keep a good credit score and it also impacts the debts you carry. If you thought that your paycheck was more than […]
... written on Sep 30 2020When The New York Times released a bombshell report on Sunday that Trump paid only US$750 (yes, less than a thousand bucks) in federal income tax in 2016 and 2017 while serving as the U.S. president, it immediately raised eyebrows. The explosive revelation was based on 18 years of tax documents (2000 to 2018). The best […]
... written on Sep 30 2020
