Day: August 21, 2015

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ACCC to approve Qantas-China Eastern alliance

Qantas’s proposed alliance with China Eastern looks set for takeoff, with Australia’s competition regulator approving the partnership with conditions attached and reversing an earlier draft ruling to reject the tie-up. The Australian Competition and Consumer Commission (ACCC) says the two airlines have to report their average fares, month by month, on each route that they operate between Australia and China as part of their partnership. Moreover, the ACCC’s authorisation also required Qantas and China Eastern to increase their …

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Melbourne named world’s most liveable city, for fifth year running

Melbourne has been named the world’s most liveable city in The Economist’s annual study for the fifth year running. Melbourne has topped The Economist’s liveability rankings for a fifth consecutive year. But planning experts have warned that, while the liveability rankings were “marketing nirvana”, they were meaningless for much of Melbourne, and got in the way of improving the city. And a social services group said the ranking failed to recognise the growing disparity between those rich enough to live where …

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Treasurers’ tax summit set to impose GST on all online imports

Treasurers are set to approve subjecting all imported parcels to the GST. Tax summit: Victoria and NSW at loggerheads Joe Hockey: Genuine reform needed to pave the way to lower taxes State and Commonwealth treasurers meeting in Canberra are set to agree on a zero tax threshold for online purchases, a move that would subject all imported parcels to goods and services tax. At present online imports of books, discs and electronic equipment are only …

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