MALCOLM Turnbull invited Labor’s manager of opposition business to don a sandwich board declaring the Prime Minister has a “lot of money” as he mounted a withering counter-attack to the opposition’s continued questions of his multimillion-dollar investments in the Cayman Islands.

The invitation to Tony Burke, who the government has pointed out was among Labor MPs who also had funds tied up in the Cayman Islands, accompanied the self-made millionaire Prime Minister’s speech about his wealth to parliament, which brought a rowdy opposition to silence.

“If the honourable member (Mr Burke) wants to go round wearing a sandwich board saying ‘Malcolm Turnbull’s got a lot of money’ feel free. I think people know that I’ve got a lot of money,” Mr Turnbull said.

The Wentworth MP and former merchant banker said he and his wife Lucy got rich by working hard, but conceded there was luck involved.

“We’ve worked hard, we’ve paid our taxes, we’ve given back,” he said.

“Of course hard work is important but, you know, there are taxi drivers that work harder than I ever have and they don’t have much money.”

Mr Turnbull has millions of dollars invested in funds in the tax haven of the Cayman Islands. Some require a minimum investment of $1 million.

Mr Turnbull said all his investments are in overseas managed funds and he had no control over where those funds end up.

He said all profits made were declared as income earned in Australia and tax was paid at Australian tax rates.

The increased profitability, he said, meant he paid more tax in Australia than he generally would.

The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands.

http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951

The fact that Turnbull has been criticised for having money hidden in tax havens has nothing per say to do with his wealth.

This is the Turnbull method of extracting himself from a very different and awkward situation.

Armchair_Politician wrote on Oct 16^th, 2015 at 5:28am:

The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951

If that is correct then they should all be criticised.

Dnarever wrote on Oct 16^th, 2015 at 5:47am:

Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised.

I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water.

Armchair_Politician wrote on Oct 16^th, 2015 at 5:51am:

Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water.

Would you call that Tax avoidance by proxy ?

Dnarever wrote on Oct 16^th, 2015 at 5:55am:

Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ?

He pays tax in Australia on his earnings. What part of that do you not get? :-?

Dnarever wrote on Oct 16^th, 2015 at 5:55am:

Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ?

Since there has been no tax avoidance at all isn't your statement rather foolish?

Armchair_Politician wrote on Oct 16^th, 2015 at 6:33am:

Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-?

He is struggling against his natural hypocrisy and so now he reverts to lying.  It is a classic DNA move and an epic failure.

Armchair_Politician wrote on Oct 16^th, 2015 at 6:33am:

Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-?

Then why would he need money hidden in a tax shelter ? Believe him if you like.

Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ?

mariacostel wrote on Oct 16^th, 2015 at 7:27am:

Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? He is struggling against his natural hypocrisy and so now he reverts to lying.  It is a classic DNA move and an epic failure.

Yes Maria but you just have to accept that AP is like that, it's not his fault really.

Dnarever wrote on Oct 16^th, 2015 at 10:33am:

Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? Then why would he need money hidden in a tax shelter ? Believe him if you like. Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ?

It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests.

Dnarever wrote on Oct 16^th, 2015 at 10:37am:

mariacostel wrote on Oct 16th, 2015 at 7:27am: Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? He is struggling against his natural hypocrisy and so now he reverts to lying.  It is a classic DNA move and an epic failure. Yes Maria but you just have to accept that AP is like that, it's not his fault really.

Maria was referring to you, dumbazz.

Armchair_Politician wrote on Oct 16^th, 2015 at 10:41am:

Dnarever wrote on Oct 16th, 2015 at 10:37am: mariacostel wrote on Oct 16th, 2015 at 7:27am: Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? He is struggling against his natural hypocrisy and so now he reverts to lying.  It is a classic DNA move and an epic failure. Yes Maria but you just have to accept that AP is like that, it's not his fault really. Maria was referring to you, dumbazz.

Probably the reason that I copied the comment in the record abuse topic or maybe I was defending your honour.

Armchair_Politician wrote on Oct 16^th, 2015 at 10:40am:

Dnarever wrote on Oct 16th, 2015 at 10:33am: Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? Then why would he need money hidden in a tax shelter ? Believe him if you like. Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ? It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests.

So the claim is that he is in fact paying Australian tax on investments that are designed to not be subject to Australian taxation ?

If you believe that I should say something about your intelligence that could be posted on the record abuse topic.

Dnarever wrote on Oct 16^th, 2015 at 10:33am:

Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? Then why would he need money hidden in a tax shelter ? Believe him if you like. Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ?

There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.

By the way, the Future Fund and all super funds do the same thing.

A dope would have read the article and worked that out themselves.

Dnarever wrote on Oct 16^th, 2015 at 10:54am:

Armchair_Politician wrote on Oct 16th, 2015 at 10:40am: Dnarever wrote on Oct 16th, 2015 at 10:33am: Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? Then why would he need money hidden in a tax shelter ? Believe him if you like. Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ? It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests. So the claim is that he is in fact paying Australian tax on investments that are designed to not be subject to Australian taxation ? If you believe that I should say something about your intelligence that could be posted on the record abuse topic.

Why don't you ask the ALP front bench, half of which have investments in the Cayman Islands. Or the Future Fund. Or every super fund in the country. Or every managed investment fund.

mariacostel wrote on Oct 16^th, 2015 at 4:54pm:

Dnarever wrote on Oct 16th, 2015 at 10:54am: Armchair_Politician wrote on Oct 16th, 2015 at 10:40am: Dnarever wrote on Oct 16th, 2015 at 10:33am: Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? Then why would he need money hidden in a tax shelter ? Believe him if you like. Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ? It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests. So the claim is that he is in fact paying Australian tax on investments that are designed to not be subject to Australian taxation ? If you believe that I should say something about your intelligence that could be posted on the record abuse topic. Why don't you ask the ALP front bench, half of which have investments in the Cayman Islands. Or the Future Fund. Or every super fund in the country. Or every managed investment fund.

I have already been critical of them it is just that nobody is desperately trying to defend them.

Dnarever wrote on Oct 16^th, 2015 at 7:18pm:

I have already been critical of them it is just that nobody is desperately trying to defend them.

you noticed that just because the rightards haven't stopped trying to defend turncoat, they assume others are defending labor, even when no one has!  ;D ;D ;D

Dnarever wrote on Oct 16^th, 2015 at 7:18pm:

mariacostel wrote on Oct 16th, 2015 at 4:54pm: Dnarever wrote on Oct 16th, 2015 at 10:54am: Armchair_Politician wrote on Oct 16th, 2015 at 10:40am: Dnarever wrote on Oct 16th, 2015 at 10:33am: Armchair_Politician wrote on Oct 16th, 2015 at 6:33am: Dnarever wrote on Oct 16th, 2015 at 5:55am: Armchair_Politician wrote on Oct 16th, 2015 at 5:51am: Dnarever wrote on Oct 16th, 2015 at 5:47am: Armchair_Politician wrote on Oct 16th, 2015 at 5:28am: The government has pointed out that Opposition Leader Bill Shorten, his deputy Tanya Plibersek and Mr Burke also have funds tied up in the Cayman Islands. http://www.dailytelegraph.com.au/news/nsw/malcolm-turnbull-labor-continues-attacks-over-pms-cayman-islands-holdings/story-fni0cx12-1227570814951 If that is correct then they should all be criticised. I don't know the circumstances of their investments, but Turnbull's are managed by people abroad who are paid by him but he has no say on where his funds are invested. This was a deliberate measure undertaken to ensure there could not possibly ever be any accusations of conflict of interest in his parliamentary role when he first entered politics. All of the relevant parliamentary authorities know of his investments and none have noted any issues. The only ones with an issue are Labor (in all their hypocrisy) and the rusted-on Laborites who support them come hell or high water. Would you call that Tax avoidance by proxy ? He pays tax in Australia on his earnings. What part of that do you not get? :-? Then why would he need money hidden in a tax shelter ? Believe him if you like. Or if so why would he be earning money in the Caymans and paying Australian tax on it when it is not subject to Australian taxation ? It's not hidden - the relevant parliamentary offices know all about it and it's disclosed in his register of interests. So the claim is that he is in fact paying Australian tax on investments that are designed to not be subject to Australian taxation ? If you believe that I should say something about your intelligence that could be posted on the record abuse topic. Why don't you ask the ALP front bench, half of which have investments in the Cayman Islands. Or the Future Fund. Or every super fund in the country. Or every managed investment fund. I have already been critical of them it is just that nobody is desperately trying to defend them.

So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him?

That is more than a little desperate and rather pitiful.

mariacostel wrote on Oct 17^th, 2015 at 7:41am:

Dnarever wrote on Oct 16th, 2015 at 7:18pm: I have already been critical of them it is just that nobody is desperately trying to defend them. So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him? That is more than a little desperate and rather pitiful.

I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's.

Not everything legal is ethical especially when we are talking about the PM.

Dnarever wrote on Oct 17^th, 2015 at 9:51am:

mariacostel wrote on Oct 17th, 2015 at 7:41am: Dnarever wrote on Oct 16th, 2015 at 7:18pm: I have already been critical of them it is just that nobody is desperately trying to defend them. So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him? That is more than a little desperate and rather pitiful. I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's. Not everything legal is ethical especially when we are talking about the PM.

Tax avoidance? I know you struggle with facts not to your liking, but neither Turnbull, super funds or the Future Fund is avoiding tax. Simply being domiciled in the Cayman Islands does not make it a tax dodge. That's the belief of simpletons and ignorants aka Bill Shorten and you.

List of tax havens and countries of financial secrecy


The higher FSI, the larger influence on world economy in terms of economical secrecy or tax avoidance.


1. Switzerland (FSI 1765,2)
2. Luxembourg (FSI 1454,4)
3. Hong Kong (FSI 1283,4)
4. Cayman Islands (FSI 1233,5)
5. Singapore (FSI 1216,8)
6. United States (Mainland) (FSI 1212,9)
7. Lebanon (FSI 747,8)
8. Germany (FSI 738,3)
9. Jersey (FSI 591,2)
10. Japan (FSI 513,1)


4. Cayman Islands (FSI 1233,5)

The government's primary source of income is indirect taxation: there is no income tax, capital gains tax, or corporation tax.

mariacostel wrote on Oct 16^th, 2015 at 4:52pm:

There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves.

The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE.


Right, if you want to believe that rubbish

By the way, the Future Fund and all super funds do the same thing.


Super funds by investing in tax free entities maintain their tax exempt status.

mariacostel wrote on Oct 16^th, 2015 at 4:52pm:

It comes HERE and is taxed HERE.

not if it's income on their super it's not.  :D :D :D

Dnarever wrote on Oct 17^th, 2015 at 2:41pm:

mariacostel wrote on Oct 16th, 2015 at 4:52pm: There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. Right, if you want to believe that rubbish By the way, the Future Fund and all super funds do the same thing. Super funds by investing in tax free entities maintain their tax exempt status.

Super funds are tax-free entities are they?  That would be news to them - and everyone else.

How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it.

Envy is an ugly beast and you have it in spades.

mariacostel wrote on Oct 17^th, 2015 at 3:07pm:

Dnarever wrote on Oct 17th, 2015 at 2:41pm: mariacostel wrote on Oct 16th, 2015 at 4:52pm: There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. Right, if you want to believe that rubbish By the way, the Future Fund and all super funds do the same thing. Super funds by investing in tax free entities maintain their tax exempt status. Super funds are tax-free entities are they?  That would be news to them - and everyone else. How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it. Envy is an ugly beast and you have it in spades.

I didn't think you would make me specify for superannuation income streams.

I made the silly assumption that you actually knew something.

mariacostel wrote on Oct 17^th, 2015 at 12:35pm:

Dnarever wrote on Oct 17th, 2015 at 9:51am: mariacostel wrote on Oct 17th, 2015 at 7:41am: Dnarever wrote on Oct 16th, 2015 at 7:18pm: I have already been critical of them it is just that nobody is desperately trying to defend them. So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him? That is more than a little desperate and rather pitiful. I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's. Not everything legal is ethical especially when we are talking about the PM. Tax avoidance? I know you struggle with facts not to your liking, but neither Turnbull, super funds or the Future Fund is avoiding tax. Simply being domiciled in the Cayman Islands does not make it a tax dodge. That's the belief of simpletons and ignorants aka Bill Shorten and you.

That’s true, dear. Companies are set up in the Caymans to make use of the coconuts and hula girls, no?

Turnbull learned about tax from Kerry Packer. Back in the 80s, they were all doing it. Rivkin, Richo, all the Sydney boys. Turnbull is just following suit, and he will look after his people as PM, you can bank on it.

Others base their companies in Switzerland and Luxemburg. They do this, of course, to make use of all that cheese.

Anything else is the belief of simpletons and ignorants.

Dnarever wrote on Oct 17^th, 2015 at 3:20pm:

mariacostel wrote on Oct 17th, 2015 at 3:07pm: Dnarever wrote on Oct 17th, 2015 at 2:41pm: mariacostel wrote on Oct 16th, 2015 at 4:52pm: There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. Right, if you want to believe that rubbish By the way, the Future Fund and all super funds do the same thing. Super funds by investing in tax free entities maintain their tax exempt status. Super funds are tax-free entities are they?  That would be news to them - and everyone else. How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it. Envy is an ugly beast and you have it in spades. I didn't think you would make me specify for superannuation income streams. I made the silly assumption that you actually knew something.

Superannuation income streams are tax free no matter where they are by AUSTRALIAN LAW, not by virtue of where they are located.  Are you aware that ANY income you receive no matter where from is subject to Australian law if you are a citizen and resident?

Give it up DNA. You are looking sillier by the post. Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite.

Karnal wrote on Oct 17^th, 2015 at 3:20pm:

mariacostel wrote on Oct 17th, 2015 at 12:35pm: Dnarever wrote on Oct 17th, 2015 at 9:51am: mariacostel wrote on Oct 17th, 2015 at 7:41am: Dnarever wrote on Oct 16th, 2015 at 7:18pm: I have already been critical of them it is just that nobody is desperately trying to defend them. So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him? That is more than a little desperate and rather pitiful. I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's. Not everything legal is ethical especially when we are talking about the PM. Tax avoidance? I know you struggle with facts not to your liking, but neither Turnbull, super funds or the Future Fund is avoiding tax. Simply being domiciled in the Cayman Islands does not make it a tax dodge. That's the belief of simpletons and ignorants aka Bill Shorten and you. That’s true, dear. Companies are set up in the Caymans to make use of the coconuts and hula girls, no? Turnbull learned about tax from Kerry Packer. Back in the 80s, they were all doing it. Rivkin, Richo, all the Sydney boys. Turnbull is just following suit, and he will look after his people as PM, you can bank on it. Others base their companies in Switzerland and Luxemburg. They do this, of course, to make use of all that cheese. Anything else is the belief of simpletons and ignorants.

The Cayman Islands is in the Caribbean Sea dearest. They don't have coconuts and hula girls there. You are thinking of the pacific.

Thanks, Homo. Malcolm must invest there for all that rum and pirate gold then.

Ahar!

mariacostel wrote on Oct 17^th, 2015 at 12:35pm:

Dnarever wrote on Oct 17th, 2015 at 9:51am: mariacostel wrote on Oct 17th, 2015 at 7:41am: Dnarever wrote on Oct 16th, 2015 at 7:18pm: I have already been critical of them it is just that nobody is desperately trying to defend them. So let me get your 'train of thought'. You attack Turnbull for something both legal and ethical and exceptionally commonplace and then criticise people for defending him? That is more than a little desperate and rather pitiful. I would question how ethical or common place it is for Australians to be involved in tax avoidance via the Cayman's. Not everything legal is ethical especially when we are talking about the PM. Tax avoidance? I know you struggle with facts not to your liking, but neither Turnbull, super funds or the Future Fund is avoiding tax. Simply being domiciled in the Cayman Islands does not make it a tax dodge. That's the belief of simpletons and ignorants aka Bill Shorten and you.

They need to make out it is illegal so they can get more tax to pay for bludging simpletons and ignorants and blow ins living off our welfare system.

Karnal wrote on Oct 17^th, 2015 at 3:34pm:

Thanks, Homo. Malcolm must invest there for all that rum and pirate gold then. Ahar!

It's fine pointing out Turnball as being a richo. Don't overlook Rudd and his wife though. Even Paul Keating. Didn't Rudd's wife made a packet from the importation of cheap Labor from the 3rd world straight into her recruitment company?

mariacostel wrote on Oct 17^th, 2015 at 3:28pm:

Dnarever wrote on Oct 17th, 2015 at 3:20pm: mariacostel wrote on Oct 17th, 2015 at 3:07pm: Dnarever wrote on Oct 17th, 2015 at 2:41pm: mariacostel wrote on Oct 16th, 2015 at 4:52pm: There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. Right, if you want to believe that rubbish By the way, the Future Fund and all super funds do the same thing. Super funds by investing in tax free entities maintain their tax exempt status. Super funds are tax-free entities are they?  That would be news to them - and everyone else. How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it. Envy is an ugly beast and you have it in spades. I didn't think you would make me specify for superannuation income streams. I made the silly assumption that you actually knew something. Superannuation income streams are tax free no matter where they are by AUSTRALIAN LAW, not by virtue of where they are located.  Are you aware that ANY income you receive no matter where from is subject to Australian law if you are a citizen and resident? Give it up DNA. You are looking sillier by the post. Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite.

Superannuation income streams are tax free no matter where they are


The stream to the person is - the investment by the provider isn't. Investing in a tax protected manner maintains the tax free status end to end.

double plus good wrote on Oct 17^th, 2015 at 3:37pm:

Karnal wrote on Oct 17th, 2015 at 3:34pm: Thanks, Homo. Malcolm must invest there for all that rum and pirate gold then. Ahar! It's fine pointing out Turnball as being a richo.

That’s a relief. I thought Maria might get us in trouble for it.

mariacostel wrote on Oct 17^th, 2015 at 3:28pm:

Dnarever wrote on Oct 17th, 2015 at 3:20pm: mariacostel wrote on Oct 17th, 2015 at 3:07pm: Dnarever wrote on Oct 17th, 2015 at 2:41pm: mariacostel wrote on Oct 16th, 2015 at 4:52pm: There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. Right, if you want to believe that rubbish By the way, the Future Fund and all super funds do the same thing. Super funds by investing in tax free entities maintain their tax exempt status. Super funds are tax-free entities are they?  That would be news to them - and everyone else. How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it. Envy is an ugly beast and you have it in spades. I didn't think you would make me specify for superannuation income streams. I made the silly assumption that you actually knew something. Superannuation income streams are tax free no matter where they are by AUSTRALIAN LAW, not by virtue of where they are located.  Are you aware that ANY income you receive no matter where from is subject to Australian law if you are a citizen and resident? Give it up DNA. You are looking sillier by the post. Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite.

Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite

Do you mean Bolt or Akerman ?

Dnarever wrote on Oct 17^th, 2015 at 3:50pm:

mariacostel wrote on Oct 17th, 2015 at 3:28pm: Dnarever wrote on Oct 17th, 2015 at 3:20pm: mariacostel wrote on Oct 17th, 2015 at 3:07pm: Dnarever wrote on Oct 17th, 2015 at 2:41pm: mariacostel wrote on Oct 16th, 2015 at 4:52pm: There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. Right, if you want to believe that rubbish By the way, the Future Fund and all super funds do the same thing. Super funds by investing in tax free entities maintain their tax exempt status. Super funds are tax-free entities are they?  That would be news to them - and everyone else. How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it. Envy is an ugly beast and you have it in spades. I didn't think you would make me specify for superannuation income streams. I made the silly assumption that you actually knew something. Superannuation income streams are tax free no matter where they are by AUSTRALIAN LAW, not by virtue of where they are located.  Are you aware that ANY income you receive no matter where from is subject to Australian law if you are a citizen and resident? Give it up DNA. You are looking sillier by the post. Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite. Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite Do you mean Bolt or Akerman ?

Actually, Peter Hartcher in today’s Herald.

The more the MSM try to bury this the more it is discussed and disseminated.

Malodorous is the hypocrite, dodging both metadata retention and Australian tax. That message is getting through.

Karnal wrote on Oct 17^th, 2015 at 3:55pm:

Actually, Peter Hartcher in today’s Herald.

Thanks.

Dnarever wrote on Oct 17^th, 2015 at 3:50pm:

mariacostel wrote on Oct 17th, 2015 at 3:28pm: Dnarever wrote on Oct 17th, 2015 at 3:20pm: mariacostel wrote on Oct 17th, 2015 at 3:07pm: Dnarever wrote on Oct 17th, 2015 at 2:41pm: mariacostel wrote on Oct 16th, 2015 at 4:52pm: There are many ways for you to be ignorant and you seem to want to try them all.  The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. By the way, the Future Fund and all super funds do the same thing. A dope would have read the article and worked that out themselves. The income from investments is sent to Australia... Get that bit yet? It comes HERE and is taxed HERE. Right, if you want to believe that rubbish By the way, the Future Fund and all super funds do the same thing. Super funds by investing in tax free entities maintain their tax exempt status. Super funds are tax-free entities are they?  That would be news to them - and everyone else. How pitiful is that you now resort to fabricating claims in the hope that the stupid will accept it. Envy is an ugly beast and you have it in spades. I didn't think you would make me specify for superannuation income streams. I made the silly assumption that you actually knew something. Superannuation income streams are tax free no matter where they are by AUSTRALIAN LAW, not by virtue of where they are located.  Are you aware that ANY income you receive no matter where from is subject to Australian law if you are a citizen and resident? Give it up DNA. You are looking sillier by the post. Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite. Even the political commentators are mocking labor for this stellar screwup.  Turnbull looks good while Shorten looks like a fool as well as a hypocrite Do you mean Bolt or Akerman ?

No. ALL OF THEM. They are all commenting on what a pitiful and pointless display it was. Imagine how dumb it was for Shorten to attack Turnbull for having investments in the Caymens when HE HAD THEM - along with half his front bench/

Stupid is as stupid does.

After reading Anne Davies article in the Herald where she stated Australia has a tax sharing agreement with the Cayman Islands which increases Australias ability to collect due taxes Labor should drop this issue like a hot potato.

Especially as the trust is not Australian.  :D

Plenty of new angles of attack for next week. Not much talent on the Lib front bench.

Jovial Monk wrote on Oct 17^th, 2015 at 7:20pm:

Especially as the trust is not Australian.  :D Plenty of new angles of attack for next week. Not much talent on the Lib front bench.

I'm not sure what the point is Shorten even said in a quick press conference after question time "We are not saying Malcolm has done anything illegal'' Malcolm is too smart to hide his finances from the ATO he has little to gain and a lot to lose.

But they got that impression out there.

They niggle at him long enough he will explode into anger.

Watching Turnbull in question time he looks very calm and confident, I don't know why Labor aren't pushing hard on FTTN I this is vastly inferior compared to FTTP.The rotting and inefficient copper plan is a complete disaster.

Jovial Monk wrote on Oct 17^th, 2015 at 7:53pm:

But they got that impression out there. They niggle at him long enough he will explode into anger.

The only impression that 'got out there' was that Shorten was a fool. Turnbull came out well and truly on top as Laurie Oakes reported.

Russell brand summed it up pretty well ... He has such a way with words


He then went on to criticise Turnbull and revelations - hammered by the Labor party this week - that the prime minister has some of his wealth located in the Cayman Islands. But he did it in a very Russell Brand sort of way, with one of the stranger metaphors ever used in Australian public life.

"[Turnbull] goes he's got money in the Cayman Islands but there's nothing wrong with it... Having your money in the Cayman Islands is like putting your ---- into custard," said Brand.

"We all want to do it, but there's no rational reason to do it."

"If your ----'s in a bowl of custard you're doing it for a reason."

http://www.msn.com/en-au/news/australia/russell-brands-saucy-take-on-malcolm-turnbull-and-the-cayman-islands/ar-AAfweRd

mariacostel wrote on Oct 17^th, 2015 at 8:10pm:

Jovial Monk wrote on Oct 17th, 2015 at 7:53pm: But they got that impression out there. They niggle at him long enough he will explode into anger. The only impression that 'got out there' was that Shorten was a fool. Turnbull came out well and truly on top as Laurie Oakes reported.

Given your history, I'm going to bet you made that up!

A couple of posts from another forum—and the writers didn’t even read the Daily Toilet first:


Quote:

I don’t think Turnbull quite understands what’s going on here. He can defend his Cayman Islands ‘investments’ all he likes, it will only damage him further. Yes, everyone already knows that he’s wealthy, but he was still supported as an alternative to Abbott on the grounds that he was ‘progressive’ – especially by those to the left of the Liberals, of course. He gained his political reputation by standing up to Howard over a highly populist cause, and I suspect his failure on the republic issue only made him seem more human to Australians. Anything that sees him siding with the wealthy is going to damage his reputation. And his party are going to go into bat for him here with great enthusiasm, which is going to cause him more problems. He’s willingly tying himself to political positions further right than he’d like to project. The longer this goes on, the less of an alternative/moderate he’s going to seem. This isn’t about nailing him, that won’t happen. But it is about a highly public display of Turnbull being rich and arrogant, ferreting away ‘our’ money overseas, and generally showing contempt for this country and its people. If he had any sense or judgement, he’d get all that money out of there pronto and find somewhere in this country to invest it. And then describe it as an act of goodwill toward the Australian people. He could at least shut the ALP up with the claim that he’d done nothing wrong in the first place, but is also responsive to the national voice. He’s going the other way, however. It’s a smart move by the ALP. It fosters further distrust of the Liberals and Turnbull, and it also plays to Turnbull’s weaknesses, his love of money over love of duty, and his appalling lack of judgement. At worst, it encourages the opinion that “they’re all as bad as each other” – that’s if the Liberals and media can find any kind of ALP investments to fire back with. But Turnbull can’t afford that idea. He needs to be seen as better than the rest, it’s what his reputation rests on. He’ll be dragged back to the pack at the very least, and he’s not going to make it fighting amongst equals, he needs that massive head start. _______ And he’s not made the most auspicious start to his leadership, has he? His first week back was all about his refusal (or more likely inability) to change any of Abbott’s contentious policies, to the point where he was forced to defend them. He takes a break, and his first week back is plagued with accusations that he’s a tax dodger. I’m sure the ALP have lots more little surprises for him too.

Quote:

Our secrecy laws on tax payments by the wealthy are the reason Labor brought up Turnbull’s Caymans investments. Labor has not stupidly accused Turnbull of tax avoidance, there is much more in play. Labor is using the Caymans angle to bring the secrecy laws into the spotlight. The government does not want to change them because if they did, we would know just how little tax squillionaires like Gina, James Packer and – of course – Mal and Lucy actually pay. Or don’t pay. Whichever journo at The Guardian dismissed it all yesterday by saying all Labor had done was point out Turnbull is rich completely missed the point. Turnbull is now faced with a problem. Does he tough it out and make himself appear even more arrogant than usual by making snarky remarks about Labor/us mere commoners not understanding how managed funds work, as he did in QT yesterday,or he does release a full disclosure of just how much tax he pays. [quote]http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=CHAMBER;id=chamber%2Fhansardr%2F9719682d-09af-4772-a03a-a954ad5d7b6a%2F0146;query=Id%3A%22chamber%2Fhansardr%2F9719682d-09af-4772-a03a-a954ad5d7b6a%2F0000%22

Does anyone believe a tight-arse like Turnbull would happily pay more tax by having all his income from managed funds taxed in Australia, regardless of where the money was made? This is a man who, until he moves into The Lodge, claims a lousy $10 for every night his wife spends with him in his Canberra penthouse. That is in addition to the $273 a night he charges us for staying in his own place. He does not need the money, but he is entitled to claim it, so he does. efore he became PM he claimed private vehicle allowance for the times he drove himself to Canberra, travel for his wife when she flew to Canberra to join him, not because he needs the money but because he is entitled to claim it, so he does. We even pay for his newspaper subscriptions. He keeps his $500,000+ salary too, all of it. It’s peanuts to him, but it’s more money for the Turnbull coffers.
http://www.finance.gov.au/sites/default/files/P35_TURNBULL_Malcolm.pdf

Do you really believe a man so greedy, so eager to rake in every possible cent, would pay even one extra cent in tax if he could find a way to avoid that? I don’t.[/quote]

http://pbxmastragics.com/2015/10/09/freedom-friday/comment-page-6/#comment-211635

ahahahahahahah

http://www.theshovel.com.au/2015/10/14/cayman-islands-like-an-offshore-detention-centre-for-your-money-turnbull-says/

https://pbs.twimg.com/media/CRUNOYiUkAAUI-t.png

I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I.i

oh dear wrote on Oct 17^th, 2015 at 10:17pm:

I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I.

The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place!

mariacostel wrote on Oct 18^th, 2015 at 7:52am:

oh dear wrote on Oct 17th, 2015 at 10:17pm: I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I. The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place!

now you want to pretend to know where posters have their money?  :D :D :D :D

Johnsmith wrote on Oct 18^th, 2015 at 8:44am:

mariacostel wrote on Oct 18th, 2015 at 7:52am: oh dear wrote on Oct 17th, 2015 at 10:17pm: I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I. The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place! now you want to pretend to know where posters have their money?

I would be willing to bet that not one poster here has money in the Caymans invested as an individual.

Nobody here has any control or probably knowledge over what a corporate superannuation fund may or may not invest in.

Dnarever wrote on Oct 18^th, 2015 at 9:48am:

Johnsmith wrote on Oct 18th, 2015 at 8:44am: mariacostel wrote on Oct 18th, 2015 at 7:52am: oh dear wrote on Oct 17th, 2015 at 10:17pm: I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I. The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place! now you want to pretend to know where posters have their money?  I would be willing to bet that not one poster here has money in the Caymans invested as an individual. Nobody here has any control or probably knowledge over what a corporate superannuation fund may or may not invest in.

I'm willing to bet that the majority of people on here eg you and johnsmith have no money at all.

as for 'hypocrites' I was referring to the ALP front bench who DO have money invested there.

mariacostel wrote on Oct 18^th, 2015 at 12:09pm:

Dnarever wrote on Oct 18th, 2015 at 9:48am: Johnsmith wrote on Oct 18th, 2015 at 8:44am: mariacostel wrote on Oct 18th, 2015 at 7:52am: oh dear wrote on Oct 17th, 2015 at 10:17pm: I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I. The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place! now you want to pretend to know where posters have their money?  I would be willing to bet that not one poster here has money in the Caymans invested as an individual. Nobody here has any control or probably knowledge over what a corporate superannuation fund may or may not invest in. I'm willing to bet that the majority of people on here eg you and johnsmith have no money at all. as for 'hypocrites' I was referring to the ALP front bench who DO have money invested there.

If that was the case why are you talking to us? you said you don't talk to poor people  :D :D :D :D

Johnsmith wrote on Oct 18^th, 2015 at 7:02pm:

mariacostel wrote on Oct 18th, 2015 at 12:09pm: Dnarever wrote on Oct 18th, 2015 at 9:48am: Johnsmith wrote on Oct 18th, 2015 at 8:44am: mariacostel wrote on Oct 18th, 2015 at 7:52am: oh dear wrote on Oct 17th, 2015 at 10:17pm: I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I. The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place! now you want to pretend to know where posters have their money?  I would be willing to bet that not one poster here has money in the Caymans invested as an individual. Nobody here has any control or probably knowledge over what a corporate superannuation fund may or may not invest in. I'm willing to bet that the majority of people on here eg you and johnsmith have no money at all. as for 'hypocrites' I was referring to the ALP front bench who DO have money invested there. If that was the case why are you talking to us? you said you don't talk to poor people  :D :D :D :D

With a few exceptions, there are not many alternatives on here!

Says the guy who will claim the old age pension soon  :D :D :D

Jovial Monk wrote on Oct 19^th, 2015 at 9:01am:

Says the guy who will claim the old age pension soon  :D :D :D

Yeah... in ten years.  Real 'soon'.

mariacostel wrote on Oct 19^th, 2015 at 9:27am:

Jovial Monk wrote on Oct 19th, 2015 at 9:01am: Says the guy who will claim the old age pension soon  :D :D :D Yeah... in ten years.  Real 'soon'.

ARE YOU A GUY?  ;) ;)

mariacostel wrote on Oct 18^th, 2015 at 12:09pm:

Dnarever wrote on Oct 18th, 2015 at 9:48am: Johnsmith wrote on Oct 18th, 2015 at 8:44am: mariacostel wrote on Oct 18th, 2015 at 7:52am: oh dear wrote on Oct 17th, 2015 at 10:17pm: I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I. The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place! now you want to pretend to know where posters have their money?  I would be willing to bet that not one poster here has money in the Caymans invested as an individual. Nobody here has any control or probably knowledge over what a corporate superannuation fund may or may not invest in. I'm willing to bet that the majority of people on here eg you and johnsmith have no money at all. as for 'hypocrites' I was referring to the ALP front bench who DO have money invested there.

SOUNDS LIKE A SPORTSBET : GAVE THAT UP WHEN I BACKED THE LIONS AT 2.40 TO BEAT WHO ELSE BUT FRIGGIN COLLINGWOOD FOR THE SECOND TIME IN A ROW... LIONS WON THREE IN A ROW AND WHO ELSE WAS GOING TO LOSE TWO GRAND FINALS IN A ROW BUT FRIGGIN' COLLINGWOOD GUTTER-DRUG front bottom*  ;D ;D ;D ;D ;D ;D

HAD TO THROW 700 BUCKS ON THAT  :D :D

Johnsmith wrote on Oct 18^th, 2015 at 8:44am:

mariacostel wrote on Oct 18th, 2015 at 7:52am: oh dear wrote on Oct 17th, 2015 at 10:17pm: I'm still unsure what that forum is trying to say, I personally have my funds in a managed fund, and I defy anyone who thinks its easy to suggest a better option, cash is hopeless I don't see any point in investing in property given the cooling market Malcolm pays tax as do I. The standard level of commentary here on any topic is rather low. As evidence, watch the hypocrites criticise Turnbull's money on the Cayman Islands while they also have money in the same place! now you want to pretend to know where posters have their money?  :D :D :D :D

MARIA KNOWS EVERYTHING: SHE DRINKS METHO AND ACTUALLY THINKS PEOPLE WHO HAVE WORKED FOR LIB FAMILIES FOR DECADES LIKE TURNBULL  :D :D

BatteriesNotIncluded wrote on Oct 19^th, 2015 at 11:48am:

mariacostel wrote on Oct 19th, 2015 at 9:27am: Jovial Monk wrote on Oct 19th, 2015 at 9:01am: Says the guy who will claim the old age pension soon  :D :D :D Yeah... in ten years.  Real 'soon'. ARE YOU A GUY?  ;) ;)

Absolutely not. Maria is a retired housewife from Sydney. Her hubby drives a Merc.

Karnal wrote on Oct 19^th, 2015 at 1:17pm:

BatteriesNotIncluded wrote on Oct 19th, 2015 at 11:48am: mariacostel wrote on Oct 19th, 2015 at 9:27am: Jovial Monk wrote on Oct 19th, 2015 at 9:01am: Says the guy who will claim the old age pension soon  :D :D :D Yeah... in ten years.  Real 'soon'. ARE YOU A GUY?  ;) ;) Absolutely not. Maria is a retired housewife from Sydney. Her hubby drives a Merc.

Hey troll! You finally got something right!

mariacostel wrote on Oct 20^th, 2015 at 8:18am:

Karnal wrote on Oct 19th, 2015 at 1:17pm: BatteriesNotIncluded wrote on Oct 19th, 2015 at 11:48am: mariacostel wrote on Oct 19th, 2015 at 9:27am: Jovial Monk wrote on Oct 19th, 2015 at 9:01am: Says the guy who will claim the old age pension soon  :D :D :D Yeah... in ten years.  Real 'soon'. ARE YOU A GUY?  ;) ;) Absolutely not. Maria is a retired housewife from Sydney. Her hubby drives a Merc. Hey troll! You finally got something right!

Which part of Sydney, Maria?