Horror story

Article Abstract:

The land tax ruling given by Office of State Revenue, New South Wales became a cause for dispute, forcing the state government to withdraw it. The accounting fraternity called it unfair, especially since it was applicable retrospectively. Implications of said ruling are discussed. The adverse effects of such retracing of steps by the state government on impression about state's financial management are also discussed.

Forecasts, trends, outlooks, Public Administration, Public affairs, Taxes, State & Local Government, State Government, New South Wales, Forecasts and trends, Market trend/market analysis, Public opinion, Tax policy, Land value taxation

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The Wall Street gang moves in

Article Abstract:

Merrill Lynch International (Australia) holds a top three share of Australian securities business, including mergers and acquisitions, customer services and funds management. John Magowan heads the company, which started with the acquisition of McIntosh Securities in 1995. Australia represents only about 1.5% of global investing, but the location provides a convenient base for global services.

Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers, Statistical Data Included, Management, Australia, International trade, Securities industry, Magowan, John, Merrill Lynch International (Australia)

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