Loose cannons


Market leaders

@lctext = "The Commissioner of Taxation, Mr Michael Carmody, describes transfer pricing [on international 'trade'] within a company] as the 'tax issue of the '90s' — and the tax office claims to have already uncovered major discrepancies in its audits of Australia's top 600 companies." — Financial Review, July 24.

Trust us

@lctext = "Former federal [ALP] environment minister Ms Ros Kelly's major mistake while minister was her reluctance to talk seriously with industry and to trust it on green-related issues, she said yesterday." — Australian, July 25.

Thank Pepsi for the Salvos?

@lctext = "Money isn't the prime motive for the decision." — Bill Allott, editor in chief of the Salvation Army weekly, War Cry, on the decision to reverse an 112-year tradition and accept advertising.


@lctext = "Entitled 'So Far from God, So Close to Orange County,' the document serves as a guide for practical political activity by party members and supporters in the coming period." — The US Militant on the main resolution of the convention of the Socialist Workers Party.

Very simple

@lctext = "My position is very simply that, as I understand it, the existing safeguards arrangements mean that uranium we sell to the French cannot be used for weapons purposes and I would naturally expect that to continue." — Federal opposition leader John Howard, retracting a statement that he would halt uranium sales to France if elected PM.


@lctext = "This puts us in a better strategic position as we move forward to the 20th century." — St George Bank managing director Jim Sweeney on the bank's takeover of Challenge Bank.


@lctext = "Unfortunately, since the revolution, we have turned them into a capitalist country, and it's been all down hill ever since." — Ian McCarry of Patrick's stevedoring company, on the company's seizure of a Russian freighter whose owner had gone into liquidation owing money to Patrick's.

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