@DougCameron51 Albo is a vindictive paranoid. It got him where he is today. And he's not about to give it up. Because that's the entirety of who he is.
That and the grudge against a father who abandoned him.
WHERE THE DARK MONEY HIDES โ
One rule for them
If you buy something over $10,000 in cash, the transaction is reported to AUSTRAC.
If you fail to file a personal tax return, the ATO can pursue you for penalties.
If you are a company director and you don't lodge annual accounts, ASIC can prosecute you.
If you accept a gift over $300 in a private-sector role, in most Australian companies you have to declare it.
If you are a public servant, you have to declare gifts, hospitality, conflicts of interest, and secondary employment.
If you are a charity, ACNC requires you to lodge an Annual Information Statement including your donor income.
If you are a small business, you have to file a BAS every quarter and reconcile it against your GST records.
If you are a member of the public wanting to know who paid for the political party you vote for, well, that's more complicated.
Donations under $16,899 don't have to be disclosed at all.
Donations through custodian-held companies don't have to name the beneficial owner.
Donations through trusts don't have to name the beneficiary.
Party-owned investment vehicles can channel money in circular flows and only the net position appears on the donor register.
Approximately 1,100 large proprietary companies were exempt from lodging financial accounts with ASIC from 1995 until August 2022, including ten Pratt-group entities.
Political parties are exempt from FOI. Their internal fundraising records, business forum membership lists, and preselection donor lists are not accessible under any transparency mechanism available to a citizen.
Every rule that applies to ordinary Australians in their commercial and civic life exists because Parliament decided transparency and accountability were important enough to require it.
Every carve-out that applies to political parties in their political-finance life exists because the same Parliament decided transparency and accountability were less important than parliamentary convenience.
One rule for you. One rule for them.
That is not an accident. That is the design.
Cold hard facts. 100% truth. No misinformation.
Peter Lyndon-James ๐ฆ๐บ
Sources:
AUSTRAC threshold reporting rules; Australian Taxation Office penalty provisions; Corporations Act 2001 (director accounts lodgement obligations); Public Service Act 1999 and equivalent state Acts (public sector declaration rules); ACNC governance standards; Commonwealth Electoral Act 1918 (disclosure threshold and exemptions); Freedom of Information Act 1982 (political party exemption); Treasury Laws Amendment (2022 Measures No. 1) Act 2022 (abolition of grandfathered ASIC exemption).
@Kryten_42 1st part on data centre exits basically shows Albanese arriving (with fistfuls of taxpayer money) after the horse has already bolted.
https://t.co/q82LFL8NMq
Both major parties do it. The Libs benefited from years of post WWII immigration from Baltic countries, Hungary after the failed uprising of 1956, Western Ukranians, Polish Catholics, & Croats that supported a Nazi aligned government in the war itself.
None of these were likely to ever support an allegedly Socialist ALP.
Damn. This is inconvenient. There must be big bikkies on offer as soon as he gets out. And he has to stand and silently wait.
I hope the Government thinks to overcompensate him for his suffering. It should be meeting expectations for all who serve the public at the highest levels. Otherwise what's the point?
@AvidCommentator Health Minister Butler: makes funny videos whilst presiding over Australia's 2 biggest expanding crimes scenes
(NDIS & the Anti-Tobacco wars)
AUKUS was the price Albo thought he had to pay to become PM.
Otherwise, Morrison would've wedged the bejeezus out of him.
And it's paid off big time; Salary, Superannuation, free bed and breakfast at the Lodge, the list is long... Versus what he got as Opposition Leader it's no contest...
A Korean observer comments.
"Thatโs what makes Australiaโs bungled two-step, sometimes cha-cha towards nuclear powered submarines with AUKUS so feckless. Between the ridiculous amounts of money being wasted, and the ever-decreasing likelihood of securing any subs at all, the ultimate result of securing them will be to decrease national sovereignty and to position Australia in sharp opposition to the dominant regional state."
https://t.co/1w7FZJ4V9O
@DarcyAmaroo The 2 hour detailed study that Albanese & his Leadership Team (Marles, Wong) undertook before agreeing to AUKUS may turn out to be insufficient (both for Australia's long term defense capabilities & Budget priorities & his own political longevity)
@GeoffreyHuntley I'm guessing Backstairs passage. One of the world's most important strategic choke-points (if you were heading for Victor Harbor) Luckily, so far overlooked by international defense establishments.
@JeffLormans How long will 2nd hand ones last?
From his point of view? Hopefully, at least until he hands in his deputy sheriff's badge, and collects his first big contract in the defense industry.
After that? So long, and thanks for all the fish.
How can it be Australia's worst defense deal if it was proposed by one of the world's leading defense intellectuals (former PM Scott Morrison) & then accepted by the current PM and his top-notch leadership team (Marles, Wong) after an incredibly detailed 2-hour review?
Doesn't make sense.
@RonniSalt More likely to get them from the US Government who actually believe in freedom of information, rather than just paying bureaucratic lip service.