Kieran Bicheno
Kieran Bicheno Thaii Chung

How to fail at women and business at the same time

THIS past week has been a rocky one for businesses of all levels, and the mistakes and misjudgements have been coming from all directions.

Two-timing insider dealer is sent to prison for two years

THE banking industry has not been short of examples of unscrupulous behaviour in recent years. But Thomas Ammann, the two-timing insider dealer jailed this week, is up there with the best of them.

The Mizuho banker persuaded his two girlfriends, blissfully unaware of each other's existence, to invest fortunes in a firm he knew was about to be bought, also exposing them to the risk of prosecution for insider trading.

The banker was finally arrested in November 2010 in bed with a Japanese woman, and has since fathered a child with a woman who has returned to China.

Maybe prison is the best place for him, he sounds like he needs a rest.

Google's tax avoidance just good capitalism, says boss

THE head of the internet giant Google has defiantly defended his company's tax avoidance strategy claiming he was "proud" of the steps it had taken to cut its tax bill which were just "capitalism".

Governments on both sides of the Atlantic are seeking measures to ensure Google can't use tax loopholes designed for more local megacorporations.

Virgin threatens to pull staff over airport regulation

VIRGIN Australia has reportedly threatened to pull its 1200 staff out of Brisbane in a stoush over access to regional airports.

Deputy Premier Jeff Seeney blamed the Department of Transport for making Peter Beattie look more pro-business than the LNP.

Businesses may be audited to reveal possible underpayments

AS many as 1000 cleaning businesses Australia-wide could be audited by the Fair Work Ombudsman next year, as part of a crackdown on underpayments in the industry.

The competitive cleaning industry, known for the predominance of mum-and-dad businesses, has already been hit by $500,000 in penalties and repayments since the last time the Fair Work Ombudsman's office bin wasn't cleaned properly in 2010.

Google maps back on iPhone after iOS map bungle

GOOGLE Maps have found their way back to the iPhone, and the new alternative was already the top-ranking free app in Apple's Australian iTunes store today, beating other popular free apps like Angry Birds.

The now-famous iOS 6 map disaster resulted in people being stranded in the wilderness and maps resembling an Edvard Munch painting.

iPhone users will now be able to use Google to accurately plot their way around the Australian Tax Office.

Greens accuse LNP's plan of 'inflating house prices'

AN ANNOUNCEMENT by Housing Minister Tim Mander that rainwater tanks and solar, gas or heat pump hot water systems will no longer be compulsory is further evidence that the LNP has a poor grasp of both sustainability and housing affordability, say the Queensland Greens.

Greens Senate candidate Adam Stone said that dropping compulsory improvements to new houses made no sense as a cost-cutting mesaure as the $15,000 new home buyer's grant continues to inflate house prices.

Astrologers have claimed that the economic role-reversal by the two parties is proof that the world will end on December 21st.

Airlines fined $100 million after ACCC investigation

AN AUSTRALIAN Competition and Consumer Commission investigation targeting cartel conduct among a number of international airlines has now netted almost $100 million in penalties.

The judgement against Thai Airways called the cartel agreement "deliberate, systematic conduct involving senior staff", words never before used to describe the actions of senior staff.





Is Google's tax structure good business practice or an unfair dodge?

This poll ended on 18 December 2013.

Current Results

Good for them, this is capitalism at its best


If it's legal, let them do it


They should be paying just as much tax as the rest of us, if not more


This is not a scientific poll. The results reflect only the opinions of those who chose to participate.

Is the ombudsman going for a soft target or is this a serious issue?

This poll ended on 18 December 2013.

Current Results

Why attack small businesses, this is just soft target hunting


Too many vulnerable people are being taken advantage of by the industry


This is not a scientific poll. The results reflect only the opinions of those who chose to participate.






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