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yesterdayMonday, 31 August 2015

Importer found to have misled consumers after five-year legal battle; Founder reveals the loneliness of a $US2.5 billion pay day: Midday Roundup

A five-year legal battle involving an importer of haircare products has come to an end, with the full court of the Federal Court of Australia ruling Dateline Imports breached Australian law by suggesting one of its products did not contain formaldehyde. by Broede Carmody
 

Mathias Cormann puts GST hike back on the table to pay for income tax cuts

The prospect of the goods and services tax being raised as a way of paying for income tax cuts has been canvassed by finance minister Mathias Cormann, who has indicated spending cuts alone would not be enough to fund income tax reductions. by Renee Thompson
 

Why Australia needs a small business borrowers’ bill of rights

Providers of online, payday and peer-to-peer loans for small businesses say they are increasingly concerned that the lack of regulation of their sector could see a few bad apples destroy it. by Neil Slonim
 

yesterdayMonday, 31 August 2015

Mayne: how and why investment banks and boards shaft retail investors

Despite banging the drum for years over the unfairness of capital raisings, it is disappointing the way some mainstream media players still don’t understand some of the fundamentals of Australia’s anything-goes system. by Stephen Mayne
 

Friday, 28 August 2015

Woolies chairman steps down amid 13% fall in profits; Sacked Grill’d worker wins payout: Midday Roundup

Ralph Waters will step down from the position of being Woolworths’ chairman and non-executive director, on the back of poor full-year financial results released this morning. by Renee Thompson
 

Small business owners failing to plan for retirement with women less prepared: Study

Australian small business owners are devoting more time and money to planning their employees’ retirement than their own, research shows. by Eloise Keating
 

Big business to bear the brunt of funding user-pay ASIC under new plan

Large corporates will be asked to fork out for the lion’s share of costs under a user-pay model the federal government plans to introduce to fund the Australian Securities and Investments Commission’s regulatory activities. by Eloise Keating
 

Not cool: Tax issues may be behind 23-year-old air-con transport company’s collapse into administration

A family business based in Queensland that has been transporting air conditioners across NSW and Queensland for more than two decades has plunged into voluntary administration. by Renee Thompson
 

Friday, 28 August 2015

The four most dangerous words in property investment

Here are five of the most valuable lessons I have learnt in my property investing career, by Michael Yardney
 
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