Gday Trevor
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Australia might be a wealthy country but a lot of that goes OS to a select few.
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It would appear a lot may "quietly" stay here as well
Heard on the news at lunch that VECCI wants to be deemed a charity so it doesnt have to pay tax. Just found this.
http://www.theage.com.au/victoria/vi...111-30ns4.html
I liked this bit
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VECCI, which counts some of the country's wealthiest businesses among its 5800 dues-paying members, posted an operating profit of $3.55 million in 2012-13. It holds $73.3 million in assets and paid more than $20.4 million in wages to 248 employees.
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Sooo 248 gasbags on an average of $85K a year and they now want my taxes to help fund em???? You dont get a choice who to to donate to in these cases.
Andrew