Archive for December 17th, 2009
Tax rent seekers at it again
Posted by John, December 17th, 2009 - under Private equity funds, Tax, Tax avoidance, Tax havens, Tax Office, Texas Pacific Group.
Tags: Australian Tax Office
Comments: 2
Some of may have been following what I wrote about the the private equity fund Texas Pacific Group. See for example Private equity funds and the pillage of Australia. TPG made $1.5 billion profit on its restructuring investment in Myer. The money came from the US via the Cayman Islands, Luxembourg and then the Netherlands. It removed the […]
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Tony Abbott: Is he Churchill or is he Spartacus?
Posted by John, December 17th, 2009 - under John Howard, The Australian, The Liberals, The Right.
Tags: ALP, Australian Labor Party, Australian politics, Bronwyn Bishop
Comments: 3
Tony Abbott is by his own admission the political love child of Bronwyn Bishop and John Howard. With that image in mind, enjoy the rest of your day.