1 – Research Proposal & Ethics Jason Suon – 10517900 Due: 8th September 2014 Mark Value: 40% Table of Contents Introduction and background 3 Research Objectives 3 Literature Review 3 Income Tax 3 Filing your income tax return 4 Provisional tax 4 Fringe benefit tax 4 Comparing Australian and NZ business tax 5 Research Methodology 5 Research Strategy 5 Secondary research methodology 5 Primary research methodology 5 Time-frames & Costs 5 Ethical Issues 5 Bibliography 6 Introduction and background
levels in the economy. (c)An increase in international economic turbulence The increase in international economic turbulence will shift the aggregate demand curve to the left, as consumption and investment decline due to the lack of consumer and business confidence. The short run supply curve would shift to the right because the price level is lower than expected and costs have fallen in the economy. The appreciation in the foreign exchange rate of the economy’s currency will make imports more
Hungry Jack’s, Subway. All of them offer to the costumer fast food, but Subway offer something different as such healthy food. The lifestyles of Australian changed strongly over the last 20 years, this due to there are more women working and even people which are working more hours. (Australian Bureau of Statistics, 2006). By needs of Australians, currently food and also mealtimes have changed dramatically and the industry of fast food has been really quick to make easy solutions for the needs
standard in retail industry. The study applies two typically firms which are Woolworths from Australia and Walmart from the United States and compare the two firms in 4 perspectives. Firstly, the different in recognition of intangible assets, revenue, tax, inventory under IFRS (Aus) and U.S.GAAP. Secondly, describe consequence of the different recognition of accounting items and how it affects to financial statement and different regulation under AISC (Aus) and SEC (US). Thirdly, describe the factors
Executive Summary Tax reform is the crucial component in Government’s policy agenda so as to frame more employment, production, and opportunities. It is mostly initiated for the improvement of levy policy in order to implement social as well as the economic benefits. This policy paper explores and suggest tax reforms for small businesses in Australia and also analyzes the various consequences of its impacts in terms of unemployment, poverty, inequality, and on the overall economy. Since much of the
Source of funding is regarding who owns the shares in the most powerful listed companies within each nation. The major sources of financing for business are either family members, banks, governments, or shareholders (Doupnik & Perera, 2012, p. 29). For example, due to being a communist state with very little opportunity for private ownership, China’s major company financing is dominated by the Chinese
Current macroeconomic conditions in Australia Introduction It is said that the Australian economy was picking up in the March quarter in 2015, although the growth rate of the economy is still below the average over the past year. And there were some early indications that the strength of growing in the June quarter was not as strong as in the March quarter (Rba.gov.au 2015). Different kinds of macroeconomic indicators construct a picture of current macroeconomic conditions in Australia. There are
Illicit drug use is a major problem in Australian culture as a recent study in 2012 by the United Nations has concluded that Australia has the highest rate of recreational drug users in the world (Toohey,2012). An Illicit drug can be defined as “the non-medical use of a variety of drugs which include: amphetamine- type stimulants, cannabis, cocaine, heroin and other opioids, and MDMA (ecstasy) (Hall W, Ross J, Lynskey M, Law M, Degenhardt L.,2000). Australian Governments on all levels including non-governments
Investing plays a huge role in any country, business or individual’s life. Investing is the action or process of purchasing an asset in hope that it will generate income and ultimately appreciate within the future. They can be goods that are not used right away, but held onto and used in the future in order to create wealth, or a monetary asset that will provide income in the future and will be sold at a higher price for a profit. Recently, many Australian based multinational corporations (MNC) have
An economic outlook from the Organisation for Economic Cooperation and Development (OECD) in June 2016 described the Australian housing market as “The unwinding of housing market tensions to date may presage dramatic and destabilis-ing developments, rather than herald a soft landing” (OECD 2016, ). This report rais-es the debate of ‘Australian housing bubble’ again to the hottest topic since 2014 when the International Monetary Fund (IMF) reported Australia as having the third highest house price-to-income