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matOffline
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Post  Posted: Mar 28, 2006 - 10:40 AM  Reply with quote  Back to top

Packer was lucky enough to have a MICA abulance nearby. These are the Mobile Intensive Care Ambulances that have all of the good stuff, like defribulators and the like (much like the ones here! NOT). Anyway, only a small portion of New South Wales (Sydney area) ambulances have this, so after he recovered, he personally paid to fit everyone out with the equipment. Not a bad bloke. Loved a punt too.

His father started the companies off, and he inherited a small fortune, but his big pay day came in the form of convicted white collar criminal Alan Bond. Packer sold Channel 9 TV station to Bond for $1 Billion AUD. 9 months later, he bought it back for $500 Million AUD. DAMN DEPRECIATION!

A couple of other legends about packer going around.

1 - At a hearing into telecommunications company liquidation. "Mr Packer please state your full name and the capacity in which you are here today" PACKER "Kerry Francis Bullmore Packer. Reluctantly"

2 - In Vegas (where he could win or lose 20M USD) to a big mouth, money flashing HK businessman. "How much are you worth" BUSINESSMAN "I'm worth over 500M Dollars, i own this, and that.etc....." PACKER"OK, i'll toss you for it"

3 - At home throwing a party, forgot that his horse was racing at Randwick that day and he missed it. So he called Channel 9 and demanded they put his race on for him and his friends to watch. 5 minutes later, the movie that was on stops, this race is shown, movie back on.

Bloody Legend.

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BluebagOffline
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Joined: Sep 11, 2003
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Post  Posted: Mar 28, 2006 - 11:39 AM  Reply with quote  Back to top

Erm, Mat, you forgot to mention that the defribulators etc. were:
1) Tax deductible.
2) Thereafter much more likely to be close by when he personally needed one.

Plus, this was from a guy who went to extraordinary lengths to keep from ever paying any meaningful amounts of tax (either corporate or personal).

If I recall, his "humanitarian" defribulator buy coincided with a year when the Australian Tax Office decided to give up trying to chase his bucks from Australia to the Caymans to Hong Kong to Switzerland etc. and simply asessed him a (piddling) figure.

From memory, after deductions, it worked out to something like 1.5% of the earnings that they knew about.

The following year, the defribulator deduction probably got him most of that back.

While he was indeed a "character" (not a difficult thing to be if you inherit the biggest fortune in the country) he was hardly an altruistic philanthropist.
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matOffline
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Post  Posted: Mar 28, 2006 - 01:37 PM  Reply with quote  Back to top

I think you are being a bit harsh Bluebag.

It is everymans right, no, their RESPONSIBILITY to reduce their tax as much as possible.

(Can you bring in your laptop so i can get that music off you. need to change mine)

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Post  Posted: Mar 29, 2006 - 09:12 AM  Reply with quote  Back to top

There's paying no more than you have to (say, the amount required by law and your conscience), and then there's playing a tax system like a xylophone for half a century as Kerry did. He got infinitely more from the Australian public than he ever gave back.

I mean, I feel sooooo privileged that in my days as a PAYE taxpayer, I did my patriotic duty to help pay for all those polo ponies Kerry ran off against tax as "corporate entertainment" expenses.

Hell, can you imagine how hysterically funny he would have found it that after the lifetime of rorting he'd done, it was the poor stupid Aussie taxpayer who ended up paying for his funeral!

An utterly obscene concept, really - sort of like one last "feck you, peasants!" from the big ugly bastard.

And all done on the orders of that pathetic little twerp J. Howard! What was the title of that old Regurgitator song again? Oh yeah: "I Sucked a Lot of C*ck to Get Where I Am".

Yep, I'll get the tunes to you mid next week. Fear not, your Joe Dolce Anthology's on its way.
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