Cairns, Australia News
Local news for Cairns, Australia continually updated from thousands of sources on the web.
1 min ago | WebCPA
The Organization for Economic Cooperation and Development has released its first set of recommendations for a coordinated international approach to combat tax avoidance by multinational enterprises, under the OECD/G20 Base Erosion and Profit Shifting Project. The OECD and the Group of 20 finance ministers hope to create a single set of international tax rules to end the erosion of tax bases and the artificial shifting of profits to jurisdictions to avoid paying tax.
4 hrs ago | Sydney Morning Herald
A new report by the Organisation for Economic Co-operation and Development recommends that companies be forced to report their earnings and the tax they pay in every country they operate. The OECD released on Tuesday a set of recommendations designed to tackle profit shifting and tax avoidance by multinational corporations, before the G20 finance ministers meeting this week.
5 hrs ago | Townsville Bulletin
A MAN accused of breaking into a grandmother's home, tying her up with duct tape and raping her has been released on bail. The 21-year-old Townsville man allegedly broke into the 64-year-old's home with his face covered by a bandage and eye holes cut out.
5 hrs ago | Townsville Bulletin
The final report of the Inquiry into the Development of Northern Australia, tabled on September 4, recommended an institute of tropical sports and medicine be based in Townsville, Cairns or Darwin. "Cairns, Darwin or Townsville could conceivably host an institute for tropical sports and medicine, each having strengths in terms of their capacity to host the institute," the report said.
7 hrs ago | Business Times
The official said the finance ministers and central bank governors from the three countries will exchange views on macroeconomic conditions and regional financial cooperation.
ELEANOR HALL: The Federal Treasurer has rebuffed suggestions of a property bubble in Australia. Joe Hockey told a business forum in Sydney that Australian house prices have surged because there's not enough supply to meet demand.
Group of 20 officials meeting this week will probably discuss whether there are additional steps they can take to counteract the lack of demand in the global economy, a Canadian finance department official said. The official, speaking to reporters in Ottawa on condition of anonymity, said policy makers are concerned the lack of near-term global demand may be weakening growth.
As global finance leaders converge on Cairns this week, cafes and restaurants of far north Queensland have come together to show off the so called tastes of the tropics. Twenty finance ministers and central bank governors, around 1,000 delegates and 300 local and international media are expected in Cairns this week.
Colin Bishop and Alex Dombroski are two teens who shared a life experience this past summer that most people their age haven't. Bishop and Dombroski, both 17, traveled to Cairns, Australia as Youth Ambassadors with the Sidney Sister Cities Association.
RESTAURANTS, cellar doors, chocolatier, cliff climbing gym, gondola chairlift and skyrail - the overhaul of the Penny Royal site just got one big step closer. RESTAURANTS, cellar doors, chocolatier, cliff climbing gym, gondola chairlift and skyrail - the overhaul of the Penny Royal site just got one big step closer.
Bank of England Governor Mark Carney will leave a meeting of Group of 20 finance ministers and central bank governors early next week in order to be back in Britain in time for the result of Scotland's Sept. 18 independence vote.
The OECD will reveal on 16 September its first recommendations for international action to tackle "base erosion and profit shifting" . The stated aim of the BEPS project is to provide governments with "clear international solutions for fighting corporate tax planning strategies that exploit gaps in existing rules and allow profits to 'disappear' or shift to low/no tax locations".
It is all about models at the weekend in Cardwell, not fashion models, but model trains, planes, boats and automobiles. Event organiser Keith Everingham says over two days Cardwell is scaling down its 150th birthday celebrations, attracting hobbyists and their air, land and sea creations from all over Queensland.
Updated: Tue Sep 16, 2014 12:51 pm
Copyright © 2014 Topix LLC