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Policy : |
Corporate Affairs |
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The current trend towards 'amorality' in business trading practices as part of the development of the so-called 'corporate state' with its implied Machiavellian freedom from moral obligations is to be resisted and reversed as much as possible. Businesses have won substantial exemption form direct taxation in Australia on the argument that since they are the engines that generate whatever prosperity the nation has, their operators surely know best how to distribute their profits to optimise the continuing generation of wealth. NOBIS dismisses this argument and will establish innovative direct taxation regimes on business to ensure that they pay a fair share of the tax burden as good corporate citizens should. Controls of financial institutions in particular to be strengthened to protect the invested or deposited funds of citizens and organisations. Company directors and executives involved in company collapse - such as HOH - to be assumed to be guilty until they prove themselves innocent, and all their family assets to be liable to seizure towards offsetting the losses involved. All business entities employing persons to maintain on deposit in a recognised secure institution enough cash and /or securities to cover all employee wages, superannuation, holiday pay and other obligations, plus a 25% 'comfort margin' of these funds to cover employee legal and other costs involved in recovering their due payments. Special business tribunals equipped with the current powers of the Courts system to be established to deal exclusively with intercorporate / business legal arbitration. Corporate behaviour towards teh public is to be monitored and indications of corporate bullying practices and insistence on excessively one-sided 'contracts' or terms of trade will be penalised under new regulations.
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