Most here would know that the future fund moved alot of its investments to the Cayman's in 2009, as well as got FOI exemptions. Great example to the Aussie taxpayer I say.
Apparently things are booming in the Cayman's. I do like this bit of the Cayman's model.
"we are continually saddened that there is still a hard-line group of EU politicians who cannot grasp that low taxes stimulate economies and high taxes do exactly the opposite by creating less of everything, including very often, tax revenue. That is the basis for the success of the Cayman model"
http://www.hedgeweek.com/2010/07/16/54658/cayman-islands-seeing-over-100-new-fund-registrations-month
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Bruce Garlick, Executive Chairman
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