A Two for you, one for me admittance of failure was the theme of a much anticipated report released by the UK Financial Services Regulator (FSA) this week into the spectacular collapse of Royal Bank of Scotland (RBS).
The soon-to-be disbanded FSA was accused of falling asleep at …
No matter what one’s prognostication is on the direction of Australia’s economy in the coming months and years, what we can all agree on is the global economy is witnessing tectonic shifts in economic power.
From this burningpants correspondent’s perspective though, the most interesting changes will be in …
Prime Minister Julia Gillard is in a bit of trouble when it comes to honesty and climate change, according to a small but robust sample of the Australian population.
The research shows Gillard is not really believable when it comes to climate change – in fact Opposition leader …
One of the ways to attract Australia’s rich (by rich we mean more than $1 million outside super and their principal place of residence) to a breakfast focus group is ask them to share their impression of the Gillard Government.
Despite discovering an invariable inclination of the wealthy …
Despite the images which have dominated our television screens, it’s hard to imagine the physical fury of the earth quake which unleashed enough power to move the entire continent of Japan by 2.4 meters and surely makes the twin horrors of Hiroshima and Nagasaki pale into comparison.
Economically …
Inflation is taxation without legislation declared the great economist Milton Friedman.
If so, then with Consumer Price Index (CPI) inflation running at 4% and the Retail Price Index (RPI) now at 5.1%, the UK is starting to resemble one of the worst places for tax in the developed …
