Tag: OECD

‘Gamble responsibly’ message is a cop-out. Regulators must step up

Australians experience the biggest gambling losses per capita in the world.

With a suicide rate of 10.4 per 100,000 people, according to Australian Institute of Health and Welfare, we rank about 18 out of 36 among OECD countries. And in terms of gambling, we are among the worst, experiencing the biggest losses per capita. The two can be linked: studies show gambling is the cause of an estimated 400 suicides annually.

Source: ‘Gamble responsibly’ message is a cop-out. Regulators must step up

The Global Tax System Is Broken. We Can’t Trust Rich Countries to Fix It.

The world is finally recognizing the harms of corporate tax avoidance. But the OECD’s solution to the problem is designed by rich countries, for rich countries. We need an alternative.

Source: The Global Tax System Is Broken. We Can’t Trust Rich Countries to Fix It.

Global milestone as 136 countries agree to abolish tax havens

Matthias Corman doing what he always did in Australia “cutting company taxes” while seeming to raise them then sitting down to share a large  Havanna after the sting. Just full of self-praise a reward for doing nothing yet again. Can some 60 countries now legitimately declare themselves to be Tax Havens because they didn’t sign up tp Corman’s plan?

Out of the 140 countries involved, 136 supported the deal, with Kenya, Nigeria, Pakistan and Sri Lanka abstaining for now.

Source: Global milestone as 136 countries agree to abolish tax havens

Morrison delivers for foreign corporations: Lowest wage rise on record

Australian workers have received all-time low annual wages rise over the financial year just ended, reports Alan Austin. AUSTRALIA HAD ALWAYS rewarded workers with steady wage increases year on year as industrial cooperation and improving productivity have generated ever-rising company profits. That is, until 2013, when the current Coalition Government came to power. In the eight years since then, wage rises have fallen to a fresh all-time low six times, the latest at an appalling 1.71%, according to last week’s data.

Source: Morrison delivers for foreign corporations: Lowest wage rise on record