[LINK] Tax Office selling ABN details
Mon, 05 Jun 2000 12:04:46 +1000
You're much too agile for me. I said the customer or supplier has a right to
certain data; you said "rubbish", then said "only credit providers" (which most
suppliers are, in most business relationships, to some extent" and "perhaps
So. According to your post, customers and suppliers _don't_ have the right, and
they do have the right, and _I'm_ talking rubbish.
Actually, under the laws as they stand, the right to see a business's
registration information -- whether or not it's incorporated -- extends to
anyone. My registration form has to be displayed prominently at my place of
business, and available for viewing by anybody. That stands for any registered
I still don't get your objections to what I say -- that we should emulate the
American assumption that a company's registration AND ownership information be
viewable without charge. Which is not the case today; I can only see that a
company exists, and a menu of what I could buy if I had the money to buy it.
Subject: Re: [LINK] Tax Office selling ABN details
Author: "Brenda Aynsley" <firstname.lastname@example.org>
Date: 5/06/00 10:11
> Without sticking my neck out in the privacy debate, I'd suggest that any
> conducting a business transaction with either a company or sole trader has a
> right to information about that company or sole trader. What's offensive is
> having to pay a US-based publisher for information which should be available
> the public record; and (b) a lack of restriction on further use or onselling
> that information.
No argument there
> However, if I decide to hang a shingle saying "Richard Chirgwin Homewares" or
> such like, then I do so at the cost of some level of personal privacy.
> and suppliers both have a right to know that 'Richard Chirgwin' exists, where
> live (as protection against debt default), and so on. But the right of ACCESS
rubbish, only the provider of credit to richard chirgwin homewares requires
like that information and perhaps customers too in the case of RCH's provision
guarantees or warrantees, although much of that is done at the manufacturers
> that information should be equal: if a customer or supplier needs it, their
> access should not be restricted to them (a) knowing that D&B exists and (b)
> having the money to pay for access.
it's not, if I enter into a commercial arrangement in either of those roles it
behoves me to find out that information before I commit to a relationship, if
concern to me, and presumably you'll tell me that at that point in time, if you
to do business with me.
> In corporate transactions, the situation is even clearer (IMNSHO). It's
> clear that complex schemes of ownership are too easily exploited to hide who
> owns a business, and in part to hide the fact that a particular business is a
> scam. Part of the reason that the dishonest get away with this is that the
> of hunting backwards through a dozen or so shareholder registers, at $20 a pop
> and escalating depending on the nature of the document you want, is
so where's the problem then? Is it at the level which provides the "covering
ability" for ownership? Does that then mean we need to change ownership laws to
make this 'scamability" harder to achieve and ownership more transparent? Gosh
> And the outcome of _that_, Linkers, is that if you've plenty of money, you're
> a better position to avoid the dodgy companies than if you're a small or sole
> investor. In other words, the ability to assess risk is inhibited by
I'd say at this point, "what's new" richard, nothing has changed, I doubt that
Linkers would even think this is so new either, we've known this argument to be
self evident truth for a very long time I suspect.
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