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https://australiainstitute.org.au/post/heres-something-absolutely-cooked-about-books-in-australia/>
"It’s a big week for Australian culture, with announcement of the shortlist for
the Miles Franklin Literary Award, one of the country’s top writing prizes.
Past winners of the award include legendary writers such as Tim Winton, Thomas
Keneally, Alexis Wright, Thea Astley and Peter Carey.
And because it’s Australian culture, you can place a bet with a bookmaker on
which title on the shortlist will win the award.
The winner of the Miles Franklin can expect prize money of $60,000.
Many will then pay around $20,000 of that back in income tax.
But if you picked the winner of the Miles Franklin with the bookies, your
winnings are tax-free.
Isn’t that weird? Winning authors pay tax. Mug punters, no tax."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics