Strengthening US dollar, rising stock markets and falling bond yields. Two out of those three don’t make any sense at all. It won’t last.
Month: October 2011
Tax Forum
Last week’s tax forum in Canberra did not actually achieve much, other than general agreement that the tax system could be improved. However, one snippet: the assistant treasurer was reported as saying that the tax applied to superannuation income streams and annuities in particular needs review. This would be a welcome review.