Top 40 Tax Dodgers for 2019
We are counting down Australia’s biggest Corporate Tax Dodgers using 4 years Australian Tax Office transparency data.
News Sections
Finance
Latest
Payday lenders: their bite is bigger than their bark
Payday lenders prey on the most vulnerable. James Freeman tells the story of his 18 year old daughter Jasmine, breaks down the fees and charges of this rising new breed of loan sharks, and exposes their false advertising.
Tax
Latest
OECD gets Australia’s tax rate wrong, misses imputation
An OECD claim that Australia has the world’s third highest effective marginal corporate tax rate made a great headline and pleased the federal government no end. Too bad it is seriously flawed
Energy
Latest
Energy Australia: four years, $30 billion, zero tax
Energy Australia is owned by a company in the infamous tax haven of the British Virgin Islands. For the fourth year on the trot, the gas and electricity behemoth paid zero income tax
Government
Latest
Reduced flows reduces Darling’s ability to deal with drought
Continued reduction of flows from the Darling River will result in one of the worst environmental...
Business
Latest
Gilead: extortionate prices, corporate vices
The most expensive drug in Australia, costing taxpayers more than $1 billion a year, or $1,000 a pill, is Gilead's cure for hepatitis C.
Markets
Latest
Moly-Cop: another superannuation success story that got away
Super funds stand idle while overseas investors buy up and go global with Australian...
The Scomo-ment
Chronicles of a Fleeting Prime Minister
Scomo-ment
Latest
The Lucky Country: Spoilt for Choice by Second-Raters
Liberals have a depth of second-rate talent possibly unmatched in Australian parliamentary history
Despatch
News Takes and Updates
Despatch
Latest
Privatisations still need scrutiny despite A-G report
Coincidently, while we were busy chiding the state government yesterday for its mega-willy-nilly privatisation program, the NSW Auditor-General, Margaret Crawford, issued a report which was critical of the $16 billion sale of Ausgrid.
Sydney Democracy Network
Sydney Democracy Network
Recent Stories
Victoria Power Networks: #40 on the Top 40 Tax Dodgers Chart
They dodge tax, they gouge their customers. They even have their paws out for government grants. Michael West reports on the debut of Victoria Power Networks.
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Sneaky coal giant Glencore drops off the Top40 Tax Dodgers
Australia’s largest coal producer, the secretive Swiss commodities trader, Glencore, topped our Top 40 Tax Dodgers chart last year. This year, it is not even on the list.
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Hidden billions: ATO forgot to say corporations get tax rebates too
Kevin Rudd was PM. An election loomed. Tony Abbott was ahead in the polls and Rupert Murdoch’s newspapers were furiously crusading for Abbott when Rupert’s media empire was presented with a tax rebate of almost $900 million
Read More
Australia’s construction continues to decline, taking net worth with it
Is Australia heading into an infrastructure crisis? Not only is private and public investment in...
Read More
ATO tax dump reveals the dodgers: the usual suspects shine
Once again, despite the nosebleed rise in gas prices, the gas giants skimped on their tax. That’s zero from Origin, Shell, Chevron, Santos, BG and Exxon.
Read More
Inland Rail corrupt? An independent ICAC could investigate but can an Integrity Commission?
Prime Minister Scott Morrison caved in to crossbench pressure this morning announcing a...
Read More
Surf ‘n Turf: State sells electricity, ports, roads – buys Wagyu and oysters
The government is investing in oyster farms and Wagyu beef start-ups. Having privatised things which made a lot of money, like electricity assets and the Land Titles office, our leaders in NSW are now investing taxpayers’ money, alongside a posse of ex-Macquarie bankers,
Read More
The Big Breather – why Australia’s economy now ranks outside the Top 20
The Coalition has set new “worst-ever” records for underemployment, debt, retail sales, wages and infrastructure construction.
Read More
Australia’s whistleblower laws in the balance, as parliamentary deadline looms
For advocates of whistleblowing reform, there’s a lot on the line today. It’s the last...
Read More
APVMA: Barnaby’s move to Armidale a classic cock-up
Barnaby Joyce’s decision to move the Australian Pesticides and Veterinary Medicines Authority (APVMA) to Armidale has proven to be another cluster cock-up
Read More
Investigation: how the government is “punishing” bank crimes with tax breaks
Are the victims of bank crime to blame for not being educated? Michael West investigates where the money has gone from corporate law enforcement and discovers the banks have been getting tax deductions
Read More
Macquarie Bank praises ASIC at Hayne Royal Commission, but of course
Macquarie chief Nicholas Moore unfurled an interesting new historical perspective this week when, appearing before the Banking Royal Commission, he praised corporate regulators for doing an excellent job regulating Macquarie.
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Revolving Doors
Australian politicians and bureaucrats with links to fossil fuel & resource extraction industries.
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