Business SA calls for bold budget

South Australia's peak business group has urged the state government to take bold action in the upcoming state budget on taxation reform and cutting government waste.Business SA said its budget submission focused on issues critical to SA's long-term economic sustainability and competitiveness.It said issues of concern included reducing and reforming business taxation, improving government efficiency and cutting waste, building and maintaining infrastructure and strengthening the education and training system.

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Source : http://news.smh.com.au/breaking-news-national/business-sa-calls-for-bold-budget-20100906-14xeg.html

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Economic outlook bad, but not as bad as expected last year

Updated long-range projections for Government debt are less unnerving than last year's but still unsustainable, the Treasury says.

Speaking to a conference on retirement income policy and inter-generational equity in Wellington yesterday, Treasury deputy chief executive Gabriel Makhlouf said last year's Long-term Fiscal Statement, prepared at the depth of the recession, had recently been reviewed to reflect the stronger economic and fiscal starting point prevailing now, and policy changes in the Budget.

Source : http://www.nzherald.co.nz/economy/news/article.cfm?c_id=34&objectid=10660543

Aussies to push ahead with web censorship

A change of Prime Minister down under is not enough to kill off one of the most stupid ideas of the 21st century.

It had been thought that when Julia Gillard took over the Australian government that she would allow a little bit of common sense to happen in Aussie politics.

However, it seems that Gillard is cut from the same mold which believes that Australians are precious snowflakes who need protection from the rest of the world.

According to the Sydney Morning Herald, she is going to press ahead with plans to filter the internet Chinese style and cut Australians from a stream of information that the government thinks is too dangerous for them.

Source : http://www.techeye.net/internet/aussies-to-push-ahead-with-web-censorship

Why it's Time to Tax Internet Sales

Buying an $800 couch or television via the tax-free Internet can be nearly $80 cheaper than a purchase made in a high-sales-tax city like San Francisco -- such a deal. But the free ride is costing states and cities billions of dollars a year, and it damages local businesses that find it hard to compete.

The Main Street Fairness Act, introduced this month by Rep. Bill Delahunt (D-Mass.), would end the exemption for big Web retailers like Amazon.com and eBay that fear the change would be a body blow to their business. The Web sales tax issue has been debated and litigated for years, and it is hardly a popular cause, but with state and local governments deeply in debt, the chance to add a massive revenue stream may outweigh the political risks.

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Source : http://www.pcworld.com/article/200870/why_its_time_to_tax_internet_
sales.html