SmartTax and QuickTax

Article Abstract:

Australians who completed electronic tax returns for themselves in 1997 are likely familiar with QuickTax from Intuit and and Smart Tax from Mysterious Pursuit. The programs have been on the market for several years and have enjoyed strong growth. The applications are not very different, both being essentially electronic versions of the annual TaxPack of the tax office. There are software products for Macintosh users.

Australia, Product/Service Evaluation, Tax administration and procedure, Tax administration, Technology application, Tax policy, Tax returns, SmartTax (Personal/home software), QuickTax (Personal/home software)

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Members get say soon

Article Abstract:

Approximately 2 million AMP members will not have to pay for shares if they approve demutualisation. Share entitlements are expected to be announced Oct 1997 with the demutualisation proposal. Informational meetings will be held in Oct and Nov. Shares of the two other life insurers have done well on the exchange since listing.

Planning, Insurance industry, Australian Mutual Provident Society

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Hedge fund fear factor

Article Abstract:

Australian banks do not have a direct exposure to the US hedge funds, but hedge funds have introduced a new level of risk through increased market volatility in the short and long term. Hedge funds managed to destabilize the world markets, resulting in increased costs for all investors, which they can do little to prevent.

Economic aspects, Risk (Economics), Hedge funds

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