Australian tax – ATO Ogratuit http://atoogratuit.com/ Sat, 18 Sep 2021 03:59:09 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://atoogratuit.com/wp-content/uploads/2021/06/icon-5-150x150.png Australian tax – ATO Ogratuit http://atoogratuit.com/ 32 32 Australian multibrand clothing company Globe International’s sales jump 76% https://atoogratuit.com/australian-multibrand-clothing-company-globe-internationals-sales-jump-76/ https://atoogratuit.com/australian-multibrand-clothing-company-globe-internationals-sales-jump-76/#respond Sat, 18 Sep 2021 03:18:26 +0000 https://atoogratuit.com/australian-multibrand-clothing-company-globe-internationals-sales-jump-76/ Globe International Limited, an Australian footwear and apparel manufacturer and designer, reported a 76% jump in sales to $ 266.5 million in the fiscal year ended June 30, 2021, compared to the previous year. The company’s earnings before interest and taxes (EBIT) increased from $ 7.3 million in FY20 to $ 46.7 million in the […]]]>

Globe International Limited, an Australian footwear and apparel manufacturer and designer, reported a 76% jump in sales to $ 266.5 million in the fiscal year ended June 30, 2021, compared to the previous year. The company’s earnings before interest and taxes (EBIT) increased from $ 7.3 million in FY20 to $ 46.7 million in the current year.

Globe International Limited, an Australian footwear and apparel manufacturer and designer, reported a 76% jump in sales to $ 266.5 million in the fiscal year ended June 30, 2021, compared to the previous year. The company’s earnings before interest and taxes (EBIT) increased from $ 7.3 million in FY20 to $ 46.7 million in the current year.

“It has been an exceptional year in many ways. We achieved a record performance over the year as our business benefited from a captive market for our products. Our consumers had government stimulus money to spend, but limitations on how to spend it due to restrictions in place around the world for much of the year, ” Matt Hill, CEO of Globe International Limited, said in a press release.

Globe International Limited, an Australian footwear and apparel manufacturer and designer, reported a 76% jump in sales to $ 266.5 million in the fiscal year ended June 30, 2021, compared to the previous year. The company’s earnings before interest and taxes (EBIT) increased from $ 7.3 million in FY20 to $ 46.7 million in the current year.

Sales growth was driven by the group’s four main brand pillars, namely FXD, Impala, Salty Crew and Globe hardgoods, according to the company. Together, these brands include all of the group’s main product categories: skateboards, clothing, footwear, workwear and roller skates.

Globe International Limited, an Australian footwear and apparel manufacturer and designer, reported a 76% jump in sales to $ 266.5 million in the fiscal year ended June 30, 2021, compared to the previous year. The company’s earnings before interest and taxes (EBIT) increased from $ 7.3 million in FY20 to $ 46.7 million in the current year.

Regionally, all divisions recorded sales growth of 50% or more in fiscal 2021. North America stood out, with a 141% increase in revenue, in part fueled by a shift to online sales. Across the Australian group, online sales were four times higher than in fiscal 20 and wholesale sales increased 63% for the year.

Globe International Limited, an Australian footwear and apparel manufacturer and designer, reported a 76% jump in sales to $ 266.5 million in the fiscal year ended June 30, 2021, compared to the previous year. The company’s earnings before interest and taxes (EBIT) increased from $ 7.3 million in FY20 to $ 46.7 million in the current year.

Additionally, after-tax net income for the year reached $ 33.3 million (EF20: $ 6.1 million).

Globe International Limited, an Australian footwear and apparel manufacturer and designer, reported a 76% jump in sales to $ 266.5 million in the fiscal year ended June 30, 2021, compared to the previous year. The company’s earnings before interest and taxes (EBIT) increased from $ 7.3 million in FY20 to $ 46.7 million in the current year.

Looking ahead, Hill said, “We don’t expect to see the kind of extraordinary sales and profitability growth we’ve seen in FY21, but we are optimistic about where our companies are heading. brands and their outlook for the coming year. Business conditions so far this fiscal year have been difficult, but performance has remained strong. “

Fibre2Fashion Information Office (JL)


Source link

]]>
https://atoogratuit.com/australian-multibrand-clothing-company-globe-internationals-sales-jump-76/feed/ 0
Dismay at China’s World Bank rigging scandal https://atoogratuit.com/dismay-at-chinas-world-bank-rigging-scandal/ https://atoogratuit.com/dismay-at-chinas-world-bank-rigging-scandal/#respond Fri, 17 Sep 2021 19:10:00 +0000 https://atoogratuit.com/dismay-at-chinas-world-bank-rigging-scandal/ Some investors and activists have expressed dismay at revelations that World Bank executives pressured staff to boost China’s score in an influential report that ranks countries based on how easy it is to make money there. business. They also said that the World Bank’s subsequent discontinuation of the “Doing Business” series of annual reports may […]]]>

Some investors and activists have expressed dismay at revelations that World Bank executives pressured staff to boost China’s score in an influential report that ranks countries based on how easy it is to make money there. business.

They also said that the World Bank’s subsequent discontinuation of the “Doing Business” series of annual reports may make it more difficult for investors to assess where to put their money.

“The more I think about it, the worse it looks,” said Tim Ash of BlueBay Asset Management, adding that reports released since 2003 have become important to banks and businesses around the world.

“Any quantitative country risk model has built this into the ratings. Money and investments are allocated on the back of this series.”

An investigation by law firm WilmerHale, at the request of the World Bank’s ethics committee, concluded that World Bank chiefs, including Kristalina Georgieva – now head of the International Monetary Fund – had exerted “undue pressure” to increase China’s scores in the “Doing Business 2018” report.

At the time, the US-based multilateral lender was seeking Chinese support for a major capital raise.

China is the third largest shareholder of the World Bank after the United States and Japan.

Georgieva said she disagreed “fundamentally with the findings and interpretations” of the report, which was released on Thursday, and briefed the IMF’s board.

The Tax Justice Network advocacy group hailed the ethics committee’s investigation.

“The bigger question is how, if it is even possible, the Bank can eliminate the institution’s apparent corruption,” UK-based group CEO Alex Cobham said on Twitter.

Economists said such reports – by the World Bank and others – were useful but had long been vulnerable to manipulation.

They said some governments, especially in emerging countries that want to show progress and attract investment, might become fixated on their stance on reports that assess everything from the ease of paying taxes to legal fees.

The United Arab Emirates, 16th in the latest 2020 report, aimed to top the rankings in 2021 while Russia climbed to 28th in 2020, from 120th in 2011.

President Vladimir Putin has challenged the country to enter the top 20 by the end of the last decade.

When asked to comment on the World Bank’s dropping of ratings, Kremlin spokesman Dmitry Peskov said on Friday: “The task of improving the business climate is unrelated to the existence of ratings. Ratings are only a criterion. “

Previous World Bank research, however, suggested that foreign direct investment flows were higher for economies that performed better in its reports.

But Charles Robertson, chief economist at Renaissance Capital, said the ease of doing business had been losing credibility for years.

Some countries employ investment firms, including his own, and even former government officials to advise them on how to improve their rankings.

“There were large discrepancies between the corruption rank (s) of some countries and the ease of doing business scores, implying that these were only nominal improvements rather than to reflect an underlying economic change, ”he said.

“As an economist, however, it would be a real shame if we lost access to the underlying data. It’s really interesting, for example, to know that it takes 900 hours for a company in Brazil to process the data. taxes, while for elsewhere it takes 900 hours just 70, “Robertson added.

with PA


Source link

]]>
https://atoogratuit.com/dismay-at-chinas-world-bank-rigging-scandal/feed/ 0
Market drops for second week with ASX down 0.8% https://atoogratuit.com/market-drops-for-second-week-with-asx-down-0-8/ https://atoogratuit.com/market-drops-for-second-week-with-asx-down-0-8/#respond Fri, 17 Sep 2021 06:04:46 +0000 https://atoogratuit.com/market-drops-for-second-week-with-asx-down-0-8/ The Australian stock market limped to the finish line on Friday as stocks were weighed down by expectations of another drop in the price of iron ore. The S & P / ASX200 ended down 0.76% at 7403.7 for the day, pushing the index down 2.9 points for the week as a whole. A brief […]]]>

The Australian stock market limped to the finish line on Friday as stocks were weighed down by expectations of another drop in the price of iron ore.

The S & P / ASX200 ended down 0.76% at 7403.7 for the day, pushing the index down 2.9 points for the week as a whole.

A brief surge in the price of oil mid-week propelled energy stocks higher on Thursday, but miners sank the market at Friday’s open after the price of iron ore extended its recent decline to s’ set at US $ 107.21 per tonne.

No respite is expected from falling iron ore prices. Credit:Jacky Ghossein

Fortescue led the declines on Friday, losing 11.5% for the session to $ 15.27 and securing a downgrade from UBS, while Rio Tinto ended the day down 4.7 for 39.16 cents at 98, $ 8 and BHP lost 3.4% to $ 39.06.

Gold stocks also suffered from the drop in the price of gold, with Newcrest down 3.1% to $ 23.78.

Analysts warned investors this week that there was more pain ahead for iron ore, with expectations that weaker steel production in China would lead to a market surplus sooner than expected.

The UBS team cut its price forecast for 2021 to 2023 by 10% on Friday, with expectations that China’s steel production will level off by 2023.

“We expect the price to drop below $ 100 / t by the end of 2021 and average to $ 89 per tonne in 2022 (against a consensus of around $ 132 per tonne),” wrote Myles Allsop in a note to customers.

Exiting lockdowns was also on the minds of investors this week, with Victoria and New South Wales both moving towards higher vaccination rates and a modest easing of restrictions.

Kalkine stock research firm chief executive Kunal Sawhney said it seemed like the market was still digesting the impacts of lockdowns on the job market.

“The closures forced several companies to cut hours and lay off workers in August, keeping employment levels muted. While the unemployment rate fell to its lowest level in almost 13 years, this was mainly due to a sharp drop in the number of people looking for work, ”he said.

Amid these broader economic worries, stocks with positive news to share have performed the best this week. Pharmaceutical wholesaler API ended the week up 10.5%, reaching $ 1.47 after announcing to investors that it would open its books to its buyout contender, Wesfarmers.

Ailing department store Myer posted gains of 12.6% to 58 cents after revealing its 2021 figures, which saw the company rebound to profit but refuse to reinstate its dividend.

Telecommunications giant Telstra also finished with a 1.3% lead to $ 3.92 in a week when boss Andy Penn revealed the company’s business strategy for the next four years.


Source link

]]>
https://atoogratuit.com/market-drops-for-second-week-with-asx-down-0-8/feed/ 0
I see no sign that “ugly Australia” has learned from her treatment of Gillard https://atoogratuit.com/i-see-no-sign-that-ugly-australia-has-learned-from-her-treatment-of-gillard/ https://atoogratuit.com/i-see-no-sign-that-ugly-australia-has-learned-from-her-treatment-of-gillard/#respond Thu, 16 Sep 2021 19:00:00 +0000 https://atoogratuit.com/i-see-no-sign-that-ugly-australia-has-learned-from-her-treatment-of-gillard/ No wonder Julia Gillard didn’t watch Strong female leader, the documentary about how she was vilified and humiliated as Australia’s first female Prime Minister from 2010 to 2013. “I am aware of the content,” she said in a video message that week.” No need for her to be traumatized again when the rest of us […]]]>

No wonder Julia Gillard didn’t watch Strong female leader, the documentary about how she was vilified and humiliated as Australia’s first female Prime Minister from 2010 to 2013. “I am aware of the content,” she said in a video message that week.”

No need for her to be traumatized again when the rest of us remember the relentless efforts of the opposition, many media outlets and, increasingly, many of her own male colleagues, to undermine her legitimacy and, ultimately, orchestrating his removal from Office.

Julia Gillard on the day she was sworn in as Prime Minister in 2010, with then Governor General Quentin Bryce.Credit:Government house

When the hugely popular Gillard, then Deputy Prime Minister, agreed to challenge Kevin Rudd for the top job, I’m sure she had no idea what she was going to do. Former Labor leaders had ‘stabbed’ their predecessors in the back, and everyone recovered, especially caucus members who enjoyed staying in power. Why not this time?

The answer, of course, lies in her gender. Too many Australians apparently couldn’t hack having a woman as the head of the nation. Why it was, and remains, the case is still unexplained – perhaps inexplicable – but Strong female leader provides grim confirmation of what happened.

There is nothing in the movie that I hadn’t seen, or written, but I still gasped as I watched the radios shock Gillard’s dad, ask him sassy questions about his boy’s sexuality. living partner, or reprimand the Prime Minister for having arrived a few minutes late in his workshop. We weren’t shown the worst of Larry Pickering’s cartoons of a naked PM wearing a giant dildo, but what we saw was bad enough, as were the vile photoshopped sexualized images that thousands of ordinary Australians have received. via e-mail channels in the workplace.

Loading

It is difficult to understand the source of the anger among so many seemingly average Australians, but there was no doubt about its depth. Nor the unambiguously sexual nature of their taunts. Why, in a march against a carbon tax, would you carry a handwritten “Sack the crack” sign? Or describe the Prime Minister as “a liar scrag”? Or a “soft”? It’s not in the movie, but I was aware of a woman who shouted that word at Gillard from the public gallery of Parliament during Question Time.

How is it that instead of celebrating a historic milestone for gender equality in this country, so many Australians discover their inner misogynist and join the ugly crowds screaming for its demise? It was “disgusting,” said Rob Oakeshott, one of the independents who handed over the Gillard government after the 2010 election left a parliament suspended, speaking in the House the day after Gillard’s impeachment. He hoped things would improve. “But,” he added, “we have to face ugly australia. “

I see no sign that we have done so.


Source link

]]>
https://atoogratuit.com/i-see-no-sign-that-ugly-australia-has-learned-from-her-treatment-of-gillard/feed/ 0
Resolution Minerals supplements its cash reserves to finance exploration at 64North and Benmara https://atoogratuit.com/resolution-minerals-supplements-its-cash-reserves-to-finance-exploration-at-64north-and-benmara/ https://atoogratuit.com/resolution-minerals-supplements-its-cash-reserves-to-finance-exploration-at-64north-and-benmara/#respond Wed, 15 Sep 2021 02:08:12 +0000 https://atoogratuit.com/resolution-minerals-supplements-its-cash-reserves-to-finance-exploration-at-64north-and-benmara/ The $ 1.7 million placement and the $ 1.5 million share purchase plan will add $ 3.2 million to Resolution’s bank balance to fund exploration of its priority projects. With Resolution Minerals (ASX: RML) continuing to explore its portfolio, the company has revealed that it has received firm commitments to undertake a $ 1.7 million […]]]>
The $ 1.7 million placement and the $ 1.5 million share purchase plan will add $ 3.2 million to Resolution’s bank balance to fund exploration of its priority projects.

With Resolution Minerals (ASX: RML) continuing to explore its portfolio, the company has revealed that it has received firm commitments to undertake a $ 1.7 million placement.

The company has received commitments from institutional and sophisticated investors who will participate in the offering of $ 1.7 million and subscribe for Resolution shares at $ 0.02 each.

Eligible shareholders will also have the opportunity to participate in a $ 1.5 million stock purchase plan that will be under the same conditions as the placement.

In addition, placement participants will receive options on a one-for-two basis. The options will have an exercise price of $ 0.03 and a two-year expiration period.

Junior mining exploration incentive credits

Today’s news follows a resolution announcing last week that the Australian tax office had approved its application to participate in the federal government’s junior mining exploration incentive scheme.

The program allows Resolution to receive a stipend of up to $ 1.25 million in JMEI credits.

In this context, JMEI credits can be distributed to Resolution shareholders as tax credits for the 2021-2022 fiscal year ending in June.

This means Australian resident investors with JMEI credits are entitled to refundable tax offsets or postage credits.

To be eligible for these credits, shareholders must have participated in Resolution’s fundraising activities between September 1, 20231 and June 30, 2022.

Therefore, shareholders who participate in the share purchase plan announced today will be eligible.

JMEI credits will be distributed pro rata.

Advance exploration projects

Funds from the $ 3.2 million fundraising will be used to advance exploration on Resolution’s 64North and Benmara projects.

Resolution has secured a 30% stake in 64North and gains 80% of the assets adjacent to the Pogo gold mine from Northern Star Resources (ASX: NST), with an 11 million ounce endowment including resources , reserves and historical production.

64North is located in the gold province of Tintina, Alaska, which is home to numerous gold mines and deposits.

In Australia, Resolution has established 663 square kilometers of properties that make up the Benmara project, considered promising for copper, silver, lead, zinc and cobalt.

A multipurpose time-domain electromagnetic survey over Benmara identified large-scale primary targets.

Resolution has a 2,500m target drill program scheduled to begin later this month.


Source link

]]>
https://atoogratuit.com/resolution-minerals-supplements-its-cash-reserves-to-finance-exploration-at-64north-and-benmara/feed/ 0
Spring has arrived and the harvest countdown is underway | Queensland Country Life https://atoogratuit.com/spring-has-arrived-and-the-harvest-countdown-is-underway-queensland-country-life/ https://atoogratuit.com/spring-has-arrived-and-the-harvest-countdown-is-underway-queensland-country-life/#respond Sat, 11 Sep 2021 00:00:00 +0000 https://atoogratuit.com/spring-has-arrived-and-the-harvest-countdown-is-underway-queensland-country-life/ September has arrived and the countdown to the Queensland wheat and barley harvest is on. After a cold front and associated trough caused widespread rains over Victoria and NSW at the end of last week, the weather will become drier and warmer. Overall, temperatures will reach the mid to high 20s by the middle of […]]]>

September has arrived and the countdown to the Queensland wheat and barley harvest is on.

After a cold front and associated trough caused widespread rains over Victoria and NSW at the end of last week, the weather will become drier and warmer. Overall, temperatures will reach the mid to high 20s by the middle of the week. The absence of excessive heat allows crops to maximize available soil moisture as they mature in the weeks to come.

National winter grain production forecasts were bolstered by rains last week over NSW and Victoria. Victoria received an overall 15-20mm Thursday and Friday to relief from farmers after below-average winter rainfall over large areas of the state. NSW received an overall average of 15-25mm in the state’s growing areas, putting them on track for another season of well above average yields.

The falls have been disappointing in South Africa where farmers are eager to see the rain.

Farmers in WA are also eager to see rain after a drier than normal August. Farmers say the yield potential is well above average, but crops are waiting for rain to take full advantage of the good start to the season.

Australia exported 1.95 million tonnes of wheat in July, down from 2.78 million tonnes shipped in June, according to recently released ABS trade data. Indonesia was the main destination for wheat exports, with about 670,000 tonnes, up from about 800,000 tonnes in June.

Australia’s wheat exports to Indonesia and other Asian destinations have exploded in recent months as it is difficult for them to source from Black Sea countries.

Newswires report that Asian wheat buyers are struggling to buy the expected volumes from Russia and Ukraine. Russian wheat farmers are withholding wheat sales in hopes the government can ease the heavy export taxes currently in place later in the season. The Russian government has introduced export taxes on grain exports to curb spiraling food inflation. The variable export tax system currently means that exporters must pay more than US $ 35 per tonne.

Russia’s export tax is good news for Australian grain farmers as it stifles wheat flows from the world’s largest exporter, putting upward pressure on world prices, while pushing demand towards others. countries, like Australia.


Source link

]]>
https://atoogratuit.com/spring-has-arrived-and-the-harvest-countdown-is-underway-queensland-country-life/feed/ 0
Victoria reports 221 new local cases https://atoogratuit.com/victoria-reports-221-new-local-cases/ https://atoogratuit.com/victoria-reports-221-new-local-cases/#respond Wed, 08 Sep 2021 00:24:12 +0000 https://atoogratuit.com/victoria-reports-221-new-local-cases/ Sydney could see more than 2,000 cases of COVID-19 per day from mid-September and more than 4,000 people hospitalized with the virus across the city. The projections come from the Burnet Institute modeling provided to the NSW government on the database through August 27. Premier Gladys Berejiklian has warned that October will be a difficult […]]]>

Sydney could see more than 2,000 cases of COVID-19 per day from mid-September and more than 4,000 people hospitalized with the virus across the city.

The projections come from the Burnet Institute modeling provided to the NSW government on the database through August 27.

Premier Gladys Berejiklian has warned that October will be a difficult time for NSW hospitals as they buckle under the weight of hospitalized infections.

Modeling from the Burnet Institute indicates that the seven-day daily average of Greater Sydney cases is expected to peak between 1219 and 2046 between September 13 and 20.

In the 12 areas of local government concern, this is expected to peak at a seven-day average from 1129 to 1967 between September 13 and 20.

There will be corresponding peaks in hospital demand between 2286 and 4016 across Greater Sydney, with demand from 2222 to 3938 across the 12 hotspots.

However, restrictions and the availability of additional Pfizer vaccine doses are believed to have had a significant impact on the outbreak.

Without restrictions, cases are estimated to have reached nearly 590,000 in total as well as 5,808 deaths between June and December.

Instead, the restrictions and the initial rollout of the vaccine prevented an estimated 488,020 cases and 4,830 deaths.

It is estimated that the 530,000 additional doses of Pfizer vaccine, rushed to the southwest and west of Sydney for young people, stopped 24,267 cases and 254 additional deaths.

Hospitalizations in Sydney hotspots will still hover above 1,000 cases per day through the end of October – slowly declining from the peak expected in mid-September.

Cases are still expected in hospital until early January, but they will be significantly lower, well below the 200-100 mark.

Likewise, the seven-day case average will drop below 500 in late October and below around 200 in late November, with no cases expected beyond January 9.


Source link

]]>
https://atoogratuit.com/victoria-reports-221-new-local-cases/feed/ 0
Warning as cybercriminals target social and tax payments linked to COVID https://atoogratuit.com/warning-as-cybercriminals-target-social-and-tax-payments-linked-to-covid/ https://atoogratuit.com/warning-as-cybercriminals-target-social-and-tax-payments-linked-to-covid/#respond Fri, 03 Sep 2021 22:18:00 +0000 https://atoogratuit.com/warning-as-cybercriminals-target-social-and-tax-payments-linked-to-covid/ Working from home during COVID-19 shutdowns has triggered an exponential growth in online fraud and telecommunications, according to tech company Citadel Group. “People are very sensitive to a number of issues around COVID right now, and so are open to the types of hooks or barbs that scammers will tackle,” Citadel CEO Mark told AAP. […]]]>

Working from home during COVID-19 shutdowns has triggered an exponential growth in online fraud and telecommunications, according to tech company Citadel Group.

“People are very sensitive to a number of issues around COVID right now, and so are open to the types of hooks or barbs that scammers will tackle,” Citadel CEO Mark told AAP. McConnell.

Scammers negotiate on social and tax benefits related to COVID and the availability of drugs, using calls, texts and emails to target people’s personal information and create a profile ready to be exploited.

“Scammers are particularly opportunistic during COVID and they capitalize on the fact that people are at home and that they are more likely to drop out,” said Mr. McConnell.

He pointed out that computing used in work-from-home setups is an issue, with older laptops or hard drives likely to be running outdated antivirus software, patches and security upgrades.

Scammers negotiate on COVID-related social and tax benefits and the availability of drugs, using calls, texts and emails. Credit: Getty Images

“The server sitting under your desk or in your cabinet, it’s not monitored 24/7, it’s open to all levels of attack,” he said.

“The wormhole they come in are redundant versions of licenses, unsupported software, unpatched software.”

Citadel Group chief information security officer Rahul Khurana told AAP that updating machines and migrating data to the cloud should help.

“It protects you from a lot of vulnerabilities,” he said.

In the first half of 2021, Australia was the third most hacked country in the world behind the United States and the United Kingdom, according to a recent report by global consulting firm Accenture.

Accenture found that Australia accounted for 11% of global cyber attacks, with a 125% increase in global cyber intrusions compared to the same period last year.

Some large Australian companies have suffered cyber attacks during the pandemic. Nine Entertainment was hit in March, endangering the organization’s news bulletins and nightly TV broadcasts.

In 2020, two ransomware infections at Toll disrupted the delivery of goods and services across the country, with Telstra, Optus and Woolworths among those affected when Toll went offline.

Last year, Chinese hackers launched a major attack on Australian government networks, including the defense and health departments, while universities and businesses were also targets.

The growing attacks have led the federal government to warn that Australian organizations are under sustained digital assault.


Source link

]]>
https://atoogratuit.com/warning-as-cybercriminals-target-social-and-tax-payments-linked-to-covid/feed/ 0
New Zealand does not give millions of dollars to the Taliban https://atoogratuit.com/new-zealand-does-not-give-millions-of-dollars-to-the-taliban/ https://atoogratuit.com/new-zealand-does-not-give-millions-of-dollars-to-the-taliban/#respond Wed, 01 Sep 2021 03:10:51 +0000 https://atoogratuit.com/new-zealand-does-not-give-millions-of-dollars-to-the-taliban/ The statement A Facebook post claims the New Zealand government is giving millions of dollars in taxpayer money to gangs and the Taliban. The Message of August 23 includes photos of New Zealand Prime Minister Jacinda Ardern, a group carrying Mongrel Mob vests and Taliban fighters in the Afghan presidential palace, alongside a quote attributed […]]]>

The statement

A Facebook post claims the New Zealand government is giving millions of dollars in taxpayer money to gangs and the Taliban.

The Message of August 23 includes photos of New Zealand Prime Minister Jacinda Ardern, a group carrying Mongrel Mob vests and Taliban fighters in the Afghan presidential palace, alongside a quote attributed to Ms Ardern: “I want every New Zealand taxpayer to know that I love giving your hard-earned taxes.”

“First I gave $ 2.75 million to the lovely and helpful MM (Mongrel Mob). Now I gave $ 3 million to the kind and generous Taliban. I’m so nice I (sic) can’t believe me, ”the text continues.

At the time of writing, the post has been shared over 1,000 times and viewed over 120,000 times. Similar allegations regarding the financing of the Taliban are included in a Youtube video and several other Facebook publications (see examples here, here and here).

A Facebook post claims the New Zealand government gave the Taliban $ 1 million.

Analysis

The New Zealand government has funded programs involving members of the Mongrel Mob, but not the motorcycle gang itself. It also provided humanitarian aid to international organizations in Afghanistan, but that funding was not intended for the Taliban.

In July, It has been reported that Ms Ardern’s government has allocated NZ $ 2.75 million for a drug addiction program run by members of the Mongrel Mob. Funding came from the Proceeds of Crime Fund and not from tax revenues.

Methamphetamine rehabilitation program, Kahukura, is run by an organization called Hard2Reach, and its co-director, Harry Tam, was a member of Mongrel Mob since many decades.

The Hard2Reach website states that the government-funded Kahukura was initially run as a pilot run by a group of chapters from the Mongrel Mob called the Chaindogs in Hawkes Bay. He said the pilot program was aimed “at tackling the poor health and high suicide rate in their Chaindog community” and had been successful.

Regarding the Taliban’s allegation of the post, the the government announced on August 20, it provided NZ $ 3 million in humanitarian aid to International Committee of the Red Cross (ICRC) and the United Nations Refugee Agency (UNHCR) to help those affected by the recent conflict in Afghanistan.

In a press releaseForeign Minister Nanaia Mahuta said the ICRC “was focusing on the protection of civilians and the provision of essential services, including emergency health care, water and sanitation”.

She said UNHCR “provides a range of protection and assistance” to internally displaced Afghans and Afghan refugees in neighboring countries.

A spokesperson for the Taliban later thanked the New Zealand government for directing aid to help the Afghan people, but the militant Islamist group did not claim that it was receiving aid directly.

A spokesperson for the New Zealand Ministry of Foreign Affairs and Trade said FactCheck AAP by email, the government “is not providing funding to the Taliban.”

The spokesperson said the ICRC and UNHCR “are providing humanitarian protection and assistance to Afghan communities affected by the crisis and operating independently of the Taliban.”

“Both agencies are credible and effective international humanitarian organizations providing humanitarian assistance in accordance with international humanitarian principles.

“They have considerable experience of operating in complex environments and have systems in place to ensure that aid gets to the right recipients. “

An ICRC spokesperson confirmed FactCheck AAP in an email that the funding would be used for programs to help victims of the conflict in Afghanistan.

These programs included the provision of health care support for war wounded and other patients, first aid training sessions, COVID-19 protective equipment to hospitals, braces and physical rehabilitation services. and health services to detainees, the spokesperson said.

The ICRC would also fund “direct civilian assistance and programs such as improving access to water” and “select beneficiaries of assistance solely on the basis of need”.

“All funds donated to the ICRC are intended to help those affected by conflict, regardless of the side of a given conflict and regardless of the responsible authorities,” the spokesperson said.

UNHCR did not respond to a AAP fact check request for comments on the Taliban funding request. However, the organization’s website says it provides emergency assistance to refugees and assistance to internally displaced persons returning to their homes or being resettled.

UNHCR says Afghanistan is the largest voluntary repatriation operation in its history. New Zealand contributed US $ 1,049,685 to the program on August 23; in comparison, the UK contributed over US $ 28 million while Germany contributed over US $ 11 million.

The website did not say whether Taliban refugees would be among those eligible for assistance under the program.

Jacinda Ardern’s New Zealand government funded aid work in Afghanistan.

The verdict

The New Zealand government did not directly fund the Mongrel Mob, as suggested in the post, but allocated NZ $ 2.75 million for a drug rehab program partly run by gang members. Funding for the program did not come from tax revenues as it is claimed, but rather from assets seized from criminals.

The government has not given NZ $ 3 million in funding to the Taliban. Rather, it funded two international aid agencies to provide health care and help refugees in Afghanistan. This funding is not administered by or directed to the Islamist group.

Partly wrong – Content that contains factual inaccuracies.

AAP FactCheck is an accredited member of the International fact-checking network. To keep up with our latest fact checks, follow us on Facebook and Twitter.



Source link

]]>
https://atoogratuit.com/new-zealand-does-not-give-millions-of-dollars-to-the-taliban/feed/ 0
Aussie Broadband Beats FY21 Forecast https://atoogratuit.com/aussie-broadband-beats-fy21-forecast/ https://atoogratuit.com/aussie-broadband-beats-fy21-forecast/#respond Mon, 30 Aug 2021 04:33:00 +0000 https://atoogratuit.com/aussie-broadband-beats-fy21-forecast/ Phil Britt (Aussie Broadband) Credit: Aussie Broadband Aussie Broadband has exceeded expectations for its first financial results since going public, capitalizing on the environment created by the COVID-19 pandemic. After being listed on the Australian Securities Exchange (ASX) in October, the telecommunications provider beat the figures shown in its prospectus for income and pre-tax profits […]]]>

Phil Britt (Aussie Broadband)

Credit: Aussie Broadband

Aussie Broadband has exceeded expectations for its first financial results since going public, capitalizing on the environment created by the COVID-19 pandemic.

After being listed on the Australian Securities Exchange (ASX) in October, the telecommunications provider beat the figures shown in its prospectus for income and pre-tax profits for the 12 months ending June 30.

In particular, the NBn specialist saw its revenue increase 84% year-on-year to $ 350 million, 3.6% ahead of its prospectus forecast.

Its earnings before interest, taxes, depreciation, and amortization rose 433 percent for the year to $ 19.1 million, 55 percent ahead of its prospectus forecast.

The increase in EBITDA, according to the documents listed on the ASX, was due to customer growth in the commercial and residential segments, an increase in the average revenue per user (ARPU), careful management of HVACs, as well as the extension of COVID-19 virtual connectivity by NBN. Circuit Credits (CVC) and promotional discounts.


Source link

]]>
https://atoogratuit.com/aussie-broadband-beats-fy21-forecast/feed/ 0