How Goldman Sachs and Australia’s biggest brewer SAB pay no tax
Nowhere is the impotence of politicians and regulators more costly than in their failure to stand up to multinational corporations dodging tax. The poachers are not merely in charge of the game park, they are running amok. The Tax Office now publishes an annual list...
Corporate tax reform stalls while government axes welfare
As the government takes the long-handle to penalty rates, family benefits and climate-change funding – while dangling a $50 billion package of tax cuts in the direction of its big business party donors – it is worth bearing in mind that a third of...
Where’s Woolley? Star witness for the Crown is hard to find
So intrigued were we at what the judge described as the “implosion” of the expert witness for the Australian Securities & Investments Commission that we embarked upon an intrepid quest to find the man. Who is Hugh Woolley? Where’s Woolley? ASIC...
ASIC’s OJ Simpson moment shows directors have little to fear
Just two days out from Christmas, our corporate regulator had its OJ Simpson moment, losing what seemed to be the unloseable court case, the prosecution of Gold Coast funds impresario Peter Drake. Now we know that one can help oneself to a $16 million loan from one of...Whats the scam
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