Black market or bust A new survey claims Australia's tax system is unfair, too complex and even encourages the illegal cash economy.

INNOVATOR The world's first carbon-neutral clothes factory?In a brand new factory in Colombo, the capital of Sri Lanka, the managers wear t-shirts to work. This is not because their workplace is casual, nor is it because t-shirts are their signature product. It's because their factory has no air conditioning. An evaporative cooling system is used instead, which keeps the workplace about four degrees hotter but saves a lot of energy in the process.

ENTERPRISE Tax effective strategies before year endWith 30 June fast approaching, you can hear the sound of cheques being written as small businesses across Australia stock up on stationery, pre-pay expenses and upgrade software. This is common practice as business owners want to reduce their profit figure to minimise the tax they have to pay.