The United Nations raised a few eyebrows recently when it suggested taxing rich Muslims, football, and Uber as a way of bridging a shortfall in aid funding. On a list of unconventional taxation ideas, this ranks right up there with the best of them. But we shouldn’t be too surprised by any of this. When it comes to questionable international bodies, the UN has few peers.
The post Why the UN’s Global Tax Proposal is a Dangerous Game appeared first on The Daily Reckoning Australia.
If you’re in the hunt for a home loan, you may have noticed the market has rarely been as varied as it is today. The simpler days of the First Home Owners Grant under Howard are long behind us.
The post Banks are Right to Tailor Owner Occupier Home Loan Rates appeared first on The Daily Reckoning Australia.
The Bank of America has issued an encouraging outlook for the Australian economy in 2016. Against the backdrop of steadying global growth, the bank is forecasting a positive, if modest, year ahead.
The BoA looked at ten areas that should determine how the Aussie economy fares. Below, we’ll take a look at what the bank had to say about each of them. We’ll also give our verdict on the bank’s assessments.
The post The Verdict on the Australian Economy in 2016 appeared first on The Daily ReckSee Original Article
Demand for oil in China is expected to grow 3% this year. So in theory Iran could take the market share of whatever growth in oil demand comes out of China.
The post Why Iran Wants to Supply China With Oil appeared first on The Daily Reckoning Australia.
Let’s put the option to vote for Bloomberg to one side and pretend the choice is between Clinton and Trump.
The post Clinton Versus Trump… Who Gets Your Vote? appeared first on The Daily Reckoning Australia.