Foreign bosses to pay less
The News Review:
- Foreign bosses to pay less
- Migrants face four-year wait to be Australian
- Who’s playing the race card now?
- Crews guard mobile home park as wildfire burns north of LA
- Bellwether Report.com is Following KB Home.
Foreign bosses to pay less
NEWS.com.au – Sep 15, 2006
The Government plans to spare overseas-sourced executives of Australian companies from having to pay capital gains tax on any increases in their share and options packages. The move is a major win for foreign bosses but puts Australian chiefs at a distinct disadvantage. Home-grown bosses pay tax on wages and the jump in the value of their shares. Pressure is expected to be stepped up on the Government to drop the laws. However, Mr Howard said the proposed legislation was a Budget measure he was determined to press ahead with. "Well, there was until recently part of the tax law that meant people who came here for certain periods of time were treated in a fairly penal fashion under our tax laws," Mr Howard said.
Migrants face four-year wait to be Australian
NEWS.com.au – Sep 15, 2006
"It is absolutely essential. "
It is understood the proposals also include an increase in the waiting period for people to become citizens from three years to four years. The requirement was last year raised from two to three years in an attempt to contain the home-grown terror threat. At that time, then citizenship minister John Cobb said the longer migrants spent in Australian society before gaining citizenship, the less vulnerable they were to "falling in with extreme groups". He said the extra time would allow migrants to "get a job, make mates and go to the pub". A government source yesterday told The Daily Telegraph there had been high-level discussions about upping the eligibility requirements from three to four or even five years. He said there was likely to be public consultation but there would be a short time-frame for people to voice their concerns.
Who’s playing the race card now?
The Age – Sep 15, 2006
However, even as Kim Beazley wants refugees to be processed in Australia, he and others in his party want more thorough regulation of the skilled temporary migrant intake, saying the scheme as it operates now is undermining Australians’ wages and discouraging businesses from training Australian-born workers. His policy is to make sure that companies that have forcibly made employees redundant in the past 12 months should be unable to sponsor replacement workers from overseas. He also emphasises home-grown training programs, and will abolish visas for overseas people to do apprenticeships in Australia. Business, in the meantime, is making hay. Chinese meatworkers and printers, Korean welders, Filipino construction workers, Indian IT workers, English nurses and doctors are arriving in their tens of thousands. Almost 70,000 workers and their families arrived on sub-class 457 visas last financial year, up from 50,000 last year and rising fast. As the number of temporary migrants going into traditional trades areas increases, Labor and the unions are voicing their opposition.
Crews guard mobile home park as wildfire burns north of LA
USA Today – Sep 15, 2006
No injuries were reported as a result of the blaze, which was sparked by someone burning debris. Even with the use of water-dropping helicopters, crews have made little progress because there are few roads or safe access spots in the ridge-corrugated wilderness. Turner said chaparral and juniper have grown thick since the last fire in 1960. Firefighters were forced to attack the edges of the blaze, he said. “You go out a mile or two, find a ridge or a road and you start creating a fire line and start reinforcing that,” he said. On Tuesday, “we started doing that on the southern flank and then the wind shifted on us so we had to get everybody out of the way,” Turner said. Copyright 2007 The Associated Press.
Bellwether Report.com is Following KB Home.
Free with registration – M2 Presswire – AccessMyLibrary.com – Sep 15, 2006
com: Bellwether Report. com is Following KB Home(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:15092006 The Bellwether Report Takes Notice of KB Home (Nyse:KBH) KB Home is movin’ on up. The acquisitive company (formerly Kaufman and Broad Home) has grown to become one of the largest homebuilders in the US. KB Home builds mainly for first-time and trade-up buyers in more than 392 communities in Arizona, California, the Carolinas, Colorado, Florida, Georgia, Illinois, Nevada, New Mexico, and Texas. Its homes range in size from about 1,200 sq.