So where are our taxes going? - 19 Feb 2013
By Rod Baker: Content DirectorAccording to an article by Amanda Visser, fewer than half of government departments are able to provide "credible and quality information" in their financial reports. Quoting auditor-general Terence Nombembe, it seems state finances are regressing.
It's bad enough when we hear of our tax monies being wasted through the need (call that greed) of individuals within government deciding to spend millions on parties, luxury cars, first-class travel and so on, but it's almost worse when even the auditor-general has an issue with the departments and municipalities' accounting standards, and we then don't know where money is going or how it is being spent or wasted.
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On the aquaculture front, the environmental impact guideline for aquaculture has been published for public comment. You can download the entire document from the article on Bizcommunity.com.
As if being taxed to poverty weren't enough, and then discovering that the average government department and vast majority of municipalities have a less than stellar record when it comes to accounting practice, it seems like the petrol price may go up 87c a litre.
And to think that one day these will be the bad old days...
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