Teachers and nurses fund Aware Super now exposed to Lendlease retirement village rorts as Tax Office dawdles

Lendlease’s tax scam rivals the biggest heists of the century – alongside Rupert Murdoch, Chevron and Macquarie Bank. Yet its effects are spreading from a mere rip on the ATO to the nurses and teachers fund Aware Super which just acquired a chunk of retirement village assets. If Lendlease can ‘double dip’ on tax deductions, then anybody can. It opens up the Tax Office to millions of amended assessments. Michael West reports.