Frack,
Maybe it is time to look at getting some funds repatriated to off shore.
New Zealand seems to be doing well at the moment. Tax rates there are about 20%.
I don't like the direction Australia is going. Keating made the suggestion the other day to levy Superannuation accounts to look after people needing Govt. support in their old age. Basically an insurance scheme levied at 2%-3% of your Superannuation each year.
National Superannuation is a great scheme, but unfortunately it has already been hijacked by the "finance industry" creaming off margins.
Now the politicians are taking a closer look to see how they can do the same.
When people have access to other peoples money they become predictable.
Reference Keatings speech on ABC News site 9/5/2014 10.50am.
Cheers,
Mickph.
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