SHOPS and restaurants could face fines up to $1.1 million if waiters or sales staff wrongly blame the carbon tax for price rises or exaggerate the impact.
And households are being warned to watch out for telephone scammers offering to deposit carbon tax compensation into their bank accounts.
The prices watchdog, the ACCC, will today launch its countdown to the July 1 carbon tax with a special focus on helping small businesses understand their obligations and consumers to be vigilant for false claims.
It is releasing internet videos to help business, a 16-page guide and has set up a dedicated website www.accc.gov.au/carbon.
ACCC deputy chairman Dr Michael Schaper told the Herald Sun companies were entitled to increase their prices and did not have to justify or explain why.
"It is business as usual,'' Dr Schaper said.
But if they blamed the carbon tax they must be able to prove it and not use it as a cover for other price increases related to wages, rent or stock.
"If a business claims that a price is linked to the carbon price, that claim must be truthful and have a reasonable basis,'' he said.
Dr Schaper said the warning applied to comments made by staff over the phone, on the shop floor or in meetings.
His decision to give up his American citizenship before the Facebook initial public offering drew criticism for his perceived breach of financial and patriotic duties, including the duty to pay income taxes.
Depending on how the Facebook stock develops, Saverin could end up paying *more* in taxes as a result of his expatriation. If Facebook's stock falls low enough, he could actually lose everything and still owe the US government millions.
Sounds "fair," right? - Chris
Welcome to the World's Nicest Prison
posted 05/27/2012, 10:43 PM (CNN.com) [Category: Tyranny/Police State] Bastoy, Norway (CNN) -- Jan Petter Vala, who is serving a prison sentence for murder, has hands the size of dinner plates and shoulders like those of an ox. In an alcoholic rage, he used his brutish strength to strangle his girlfriend to death a few years ago.
On a recent Thursday, however, at this summer-camp-like island prison in southern Norway, where convicts hold keys to their rooms and there are no armed guards or fences, Vala used those same enormous hands to help bring lif... (more)
It turns out prisons don't have to be government run rape-rooms. Shocking, I know. - Chris
Attorney and Host of The Mind of Money, Douglass Lodmell interviews well known author, economist and speculator, Doug Casey (http://www.caseyresearch.com). Doug has a wealth of information and thoughts on everything from the economy, international living, investing in gold and the future of of world. I highly recommend this video.
In the next few years a slew of countries, including China, India, and Japan, are looking to put unmanned probes on the lunar surface. But more unprecedented are the 26 teams currently racing to win the Google Lunar X Prize -- a contest that will award $20 million to the first private ... (more)
First off, the US has no ownership over that unclaimed land, second I say tare it the hell up, let's see what they find. - Chris
Hands-free motion control, a technology pioneered by Nintendo's Wii and later improved upon by Microsoft's Kinect, just took a very big leap forward. Industries from gaming to surgery to architecture, engineering, and design may never be the same.
With the unveiling today of its Leap 3D motion control system, a San Francisco startup called Leap Motion ha... (more)
Bilderberg power masters meet in the US
posted 05/27/2012, 9:33 PM (RT) [Category: Geopolitics]
Every time a “Bilderberg Meeting” takes place, important things happen. The last time they met in the US was an election year, 2008 – and the world got Obama. This year they’re back in the US: will they decide who the next president of the United State
When in 2008 they gathered from June 5 to 8 in Chantilly, Virginia – just a stone’s throw from the Washington DC – Barack Obama and Hillary Clinton were neck-in-neck in the battle for the Democratic Party’s presidential candidacy. <... (more)