So Bazz the million dollar question is, had it not been fir the arrangement with the parent company, would the company you worked for even have existed.

It would appear not if going by the recent concerns being aired by economists about the decline in business investment and who can blame them as they already work in a ridiculously expensive environment and they are no doubt taking note of the talk of the witch hunt, along with carbon tax No2 and a possible rebirth of the very unreasonable mining tax.

Dream on, bring on a republic I say if that's what's needed to replace our out dated tax system, along with several other issues that need to go back to the drawing board.

With the current tax system whereby the more one contributes the less they receive in the end is going to have quite a few defectors one would imagine because no one seems willing to introduce real tax reform or address serious issues like welfare and indigenous waste.

Big Joe was talking out of line, he had no authority to speak. Did you see his timeline about 20 years to accomplish a republic.

The miners going through Singapore is no more than a tax dodge. How else do you explain it. The less profit they show here is the less tax payable. Singapore’s tax rate is far less than in Australia. And that profit money never comes to Australia.

The grounds of that scam is enough to take national control of iron ore mining, no doubt coal has similar schemes.

You have no hope of tax reform with a conservative govt;. they can’t even make a move in that direction. Their only effort at doing something about tax was to further the tax burden on the workers.

And now we are in election mode they say tax relief is in order for the workers.

The miners in an expensive environment, so what has that got to do with us, they can pull up stumps anytime they like and not return.

The environment is hardly right at the moment for tax cuts. Abbott promised 1 million jobs, and where are we. This govt; has no idea of how to stimulate the economy to get employment in good shape.

100 Billion $ on the debt and unemployment in free fall. An all-time record. We need an election to clear the air and get things moving, Business and consumers are in a state of waiting for an election.

Before the last election investment was around 60 % of GDP and now investment has hit rock bottom. No one trusts Abbott.

Doog, if an election was called soon I would most likely vote labor. Not because I support them, rather the op, but what I think we need is for labor to Finnish what they started, that's bring us to our knees because then we can throw the baby out, with the bath water, and start agin.

While we are in free fall, we don't know where the bottom is but I'm sure labor could find it, going on their past two failed attempts that is.

Rechtub, I see no connection between a republic and the tax system.
The company I worked for, which had a partial AWA shareholding, was
a UK computer company, so it continues still to today after mergers
in the UK. I doubt if the profit was much affected by spare parts costs.
I suspect that many commentators here and in parliament and the media
have the wrong cause for what is going on in the world economy.
Certainly Joe Hockey is right when he says that growth is the answer,
however he does not understand that growth is the problem.

Notice how worldwide all the talking heads are saying "we must increase growth".
The problem is they do not understand that we cannot increase growth.

Welcome to the zero growth world.
Read this, which is not about growth so much but the overall view;

http://www.resilience.org/stories/2015-08-27/deflationary-collapse-ahead

Rechub You stay with your conservative inmates, they need you in fact Abbott may just well have a job for you.

No matter what Labor done your opinion would not change, your ideals are brutal, and that will not change.

We can not have slave labour, not can we have a society dumbed down with martial law. Imagine what that idiotic plan would do for tourists in Victoria.
That is not the Australian way. We are for a fair and just govt; Not a govt; with out scruples, we need a middle of the road govt; that is fair and just to all, business and individuals alike.

This govt ; does not reflect that in fact this govt; does not have enough ambience to cast a shadow. We are in cars-ration, not being able to trust our govt;

Labor’s spending was not a patch on this govt; 100 billion in 2 years with another budget to go. Not being able to see some fault says heaps, and not in Australia’s interests.

Are we going to cruse and wind down time to the next election, I hope not the damage is enormous without further denigration.

Your fear of Labor is unfounded, when the chips are down Labor comes to power, even in war.

Bazz No one has a Chrystal ball, any talk of the end to growth is conjecture, and best left to conspiracy believers.

World economy has got little to do with company’s as they say [ maximizing tax ] it is just another way of Tax dodging.

Selling to a foreign country to transfer the goods on to the eventual buyer, for the purpose of minimizing tax, is tax dodging from the country supplying the goods.

The third party in a foreign country gets the biggest part of profit and the supplying country gets the smallest part of the profit. That is a racket, and should be stopped now, or forfeiture of their rights to mine in this country.