WOW Duicorp, I just about fell off my chair! I agree 100% with that post. The government really holds back internationally competing companies in Australia.
Most of Qantas' competitors are paying 15-20% company tax(if they aren't already owned by an investment arm of their government) and similar for personal tax. It makes it almost impossible to compete. Take a look at the marintine industry in Australia. The government reacted far too late and the industry has just about disappeared.
Will they wait for Australian aviation companies invloved in International operations disappear before they act?
Read this link to understand what the Australian government has to consider for the International side of Qantas, IMO.
http://www.minister.infrastructure.gov.au/aa/releases/2011/September/AA169_2011.aspx
My variation would be a 15-20% flat tax rate for the company tax on International operations and personal income tax for International employees.
Only then will Qantas become competitive again.
WOW Duicorp, I just about fell off my chair! I agree 100% with...
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