Category Archives: Articles
Telstra says NBN plan under Coalition will be both cheaper and faster to roll out – Jamie McIntyre
Telstra says NBN plan under Coalition will be both cheaper and faster to roll out.
As reported in 'The Australian' Telstra chief David Thodey said adopting the fibre to node network proposed by the opposition would be lower cost and faster than the approach to laying fibre to the home and could result in faster payments to the telco for the use of its infrastructure.
Telstra Chief also said if the opposition does win office next year, re-negotiations of the Telstra NBN deal would " not be significant Read more [...]
Should The Rich Pay More Tax? by Jamie McIntyre
If you follow US politics you will have heard Obama's political campaign to increase taxes on the rich.
The argument is: everyone should pay their fair amount.
On the surface it sounds reasonable… despite being deeply flawed.
And I'm sure there are many millionaires who don't care if they pay more tax; billionaires even, like Warren Buffet.
And good on them.
However if they think raising taxes on the rich will solve the country’s economic problems, they are sadly mistaken.
Obama Read more [...]
Does Australia Need A New Political Force? – Jamie McIntyre
According to a recent article in the Australian Financial Review, if an election was held now and voting wasn’t compulsory there would be record low voter turnout because on the whole, Australians aren’t happy with our current political leaders and choices.
As shown in the Queensland election, Labour voters have deserted their party in droves and it appears largely based on Federal issues. Mostly the unwanted carbon tax Gillard promised us all would never occur under her government.
Australians Read more [...]
Government not contemplating changes to negative gearing: Wayne Swan
Original Article By Larry Schlesinger in Property Observer
Tuesday, 10 April 2012
Treasurer Wayne Swan has ruled out any changes to negative gearing arrangements for property investment despite the NSW Labor leader John Robertson saying there should be a debate about its effects on the property market.
Robertson is concerned about the potential of negative gearing to push up property prices and make property unaffordable for the next generation of home owners.
"Everyone, I think, is Read more [...]
Facebook acquires Instagram for $1billion
Facebook has just paid $1billion to acquire Instagram, a photosharing application that has had 30million downloads from Apples App store.
It allows users to take photographs from their smart phones, add special effects to them and then easily share them with friends via social media networks.
It is Facebook's biggest aquistion to date.
Instagram has only 12 staff and has never made a profit and is only 551 days old.
In this booming sector one doesn't have to have a company make profit Read more [...]
21st Century Education To Go Retail
21st Century Education To Go Retail
By Selise McLaggan
21st Century Group CEO Mr Jamie McIntyre announced plans last week for a potential retail roll out of 21st Century Education stores throughout Australia and New Zealand, commencing late April this year.
"At a time when many retailers are moving online we’re going in the opposite direction.” Says Mr McIntyre.
“We feel our largest growth opportunities exist in having a national network of retail booths and stores – to not only Read more [...]
Facebook shares have pushed its value over $100billion market value
Facebook shares have pushed its value over $100billion market value
150,000 Facebook shares sold for $44 each in the latest auction on Share Post, a trading platform for stocks in private companies, according to news.com.au
That's a 10% gain from the company's previous high of $40 a share.
At $44 a share , Facebook is worth around $103.5billion.
Shares have risen from low $30s before it filed for its IPO.
It is planned to list on Nasdaq in May for around $100 billion.
21st Century Read more [...]
