by Michael West | Dec 8, 2017 | Finance & Tax
The usual culprits are at play. Zero tax on $2.9 billion in revenue from Rupert Murdoch’s News Australia Holdings – zero tax on $8.4 billion over three years – not a zack from Wall Street’s cuff-linked freebooters Goldman Sachs for the third...
by Michael West | Nov 28, 2017 | Despatch
The Tax Office is chasing oil major Shell Australia in Switzerland, asking the government for documents related to both its upstream and downstream companies, according to Swiss sources. It is no secret the ATO is unhappy with the oil majors as they have radically...
by Michael West | Nov 21, 2017 | Despatch
As gas prices have tripled in recent years, the oil and gas major ExxonMobil has managed to pay almost no corporate income tax. That hasn’t stopped the wily multinational from sallying forth with one of the most self-righteous proclamations about tax...
by Michael West | Sep 28, 2017 | Business, Government
This is the first in a series of investigations into Australia’s most powerful business lobby groups. To begin, we have selected the Business Council of Australia, the most elite and influential peak body of them all. Among the findings, the nation’s...
by Michael West | Jun 3, 2017 | Business, Government
It was a case of “I’ll see you and I’ll raise you”. No sooner had the Business Council of Australia dealt its hand on big business screwing small business suppliers – by stretching out payment terms as far as 120 days – that the...