New Australian Prime Minister Julia Gilliard has retreated from the bald tough approach of her predecessor, Kevin Rudd on the proposed mining super tax.
Ms Gilliard has stepped back from the controversy that surrounded the issue and has suspended the Government’s proposed advertising campaign which was to explain the reasons behind the tax.
In turn the [...]
Kevin Rudd seeking to confirm his position prior to leaving for the G20 summit in Canada found his support within the party had eroded.
Rudd ‘s popularity has been falling for many months and his fight with the major mining companies appears to have tipped the balance against him. He had attempted to bring in a [...]
After white house talks, President Obama has announced that BP must set aside 20 Billion, which is equivalent to their annual profit and the funds will be managed by Kenneth Feinberg, to provide compensation to oil spill victims.
Kenneth Feinberg is a lawyer who also oversaw the 911 compensation packages after the 911 attacks.
BP chairman Carl-Henric [...]
We have some good news and some bad news. The good news is that Wisconsin Unemployment is down and has been decreasing steadily.
The bad news is that fraud, people taking advantage of the system and claiming and receiving payments that they are not entitled to is up. Known fraud stands at $17 million for 2009
The [...]
Recently Rightmove , the leading property website in the UK issued some statistics on overseas property searches within their own websites.
It seems as if Brits are being encouraged by the recent drops in the Euro to consider purchasing property abroad. Given the state of the pound this is somewhat startling but may indicate an increasing [...]
Everyone says the bubble will burst and the recovery is just around the corner. We all wait patiently for the housing market to restart and no one is waiting more patiently than in MN.
Foreclosure filings are up 7 % for the month of May, compared to last years stats and unfortunately MN outperforms the national [...]
Questions are being asked today about the safety practices of a Vancouver demolition company that was taking down a building in downtown Vancouver…
These you tube videos show the building falling outwards, the safety gates getting squished and people running to get out of the way.
A pedestrian and a car were the intended targets yet everyone [...]
In what appears to be an internal disagreement, the BC Energy minister has resigned over the upcoming HST scheduled to take effect on July 01
This HST decision is something the provincial government pounced on within days of winning their third term in 2009. This is probably why many BC residents are upset, the government made [...]
When your company is not quite ready for the big Nasdaq IPO, the Toronto Stock Exchange may be just the place.
US companies are turning to Canada’s major stock market to raise funds to grow their businesses.
The big issues are tax planning and compliance issues, but doing a cross border IPO is really not that [...]
Indications are that the new Chancellor of the Exchequer, George Osborne is about to raise the CGT rates from 18% upwards. Some scaremongers are suggesting it may well go to 50%!
Estate Agents are of the opinion that if this happens then the purchase of secondary, or “buy to let” houses will be seriously curtailed. Existing [...]
