What the press is saying about petrol, LPG, diesel, crude oil, biofuel etc.
(Click on the "News Article" link for the full story, opens in new window)
Tax Cut for Small Business - Smoke and Mirrors
12-12-2008 The Age. "Small business will get an 'effective' tax cut by deferring part of their next tax installment", PM Kevin Rudd says.
Businesses with an annual turnover under $2 million will be allowed to postpone 20 per cent of their next Pay As You Go (PAYG) tax installment - due in January and February - until annual tax returns fall due in July.
This is not a tax cut. It's a deferral, and not a reduction, of tax liabilities.
Typically, businesses estimate in advance how much tax they will pay each quarter. These estimates can be varied downwards each quarter but most business operators do not bother, preferring to reconcile their return at the end of the financial year.
ExxonMobil Vows to Maintain Refinery but Carbon Tax Remains a Concern
Norsk Hydro plans to shut down its aluminium smelter at Kurri Kurri in the NSW Hunter Valley.
Qantas announces job cuts as profits slide
Small Business Tax Reduction Scrapped
RBA cuts official interest rate to 3.75%
Mineral Resources Rent Tax (MRRT) Bill 2011 passes the Senate
Private Health Insurance Rebate
Future of Caltex Refineries
150 Qantas catering jobs to go in Adelaide
Rates on Hold
Back to School in 2012
Roads and Traffic Authority Name Change
Politicians pay rise
RBA interest rate cut
Shell to cease refining at Clyde
Shell to close Clyde Refinery
Shell annual profits double to $18.6bn
Back to School 2011
Xstrata Suspends A$ 586 million of Expenditure.
Aussie Dollar Climbs From 10-Month Low Amid Intervention Talk
Fortescue Metals puts $17.5bn projects on hold to review super tax
Rio Tinto to review new Australia investment over tax
Xstrata suspends $30 million exploration in light of the Government’s super profits tax
Rates rise - Again
Backflip on "the Greatest Moral Challenge of our time"
Shell profits fall sharply on weak oil demand
Caltex Australia agrees to purchase Mobil service stations
Perth Motorists Ripped-Off
Jobs at risk after Bushmaster exclusion
Volunteer Sacked For Swearing
Gross Domestic Product shows first negative result in 8 years
RBA rate drop to 3.25%
Victoria: No power, No Trains, No Water
Shell profit 2009
Back to School
“Green Holden” update
$149 Million to build green Holden
Surplus Virtually Gone
Government Stimulus Payments