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Companies that paid NO TAX 2013-2014

The List of Australian Companies that PAID NO TAX in 2013 -2014 How to generate revenues of A$452,784,661,933 and PAY NO TAX Lifters or Learners?   In a future article we will investigate if there are political donors in this list - even though they made insufficient profit to pay tax! Pigsfly Newspaper Supporter Unlike many...

Vital Signs: the spooky mortgage risk signs our bankers are ignoring

Vital Signs: the spooky mortgage risk signs our bankers are ignoring There are signs our frothy housing market, combined with rising interest rates, could have serious consequences for our economy. Nick Vidal-Hall/Flickr, CC BY-SA Richard Holden, UNSW Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden...

ATO 2013-2014 Corporate Tax – Groundhog Day – Who Did Not Pay Tax

ATO Corporate Tax Report 2013-204 or TURBULL wants to give these guys Tax Breaks Why? More than a third of large public and private companies paid no tax in 2014-15, with 36 per cent of large firms reporting zero tax payable.

ATO isn’t being honest with taxpayers about the $2.5b corporate ‘tax gap’.

More than a third of large public and private companies paid no tax in 2014-15, with 36 per cent of large firms reporting zero tax payable. The Australian Taxation Office was working with the government to ensure that it had the right public "messaging" before releasing its tax gap figures,...

‘No one is steering the ship’: five lessons learned (or not) since the SA blackout

Kate Griffiths, Grattan Institute A year ago, the power system went down in South Australia. Homes and businesses across the state were without electricity for hours, some for days. While its specific causes have already been worked through, the nation’s most widespread blackout in decades quickly became a symbol of...

We have enough cheap, easy-to-extract gas to last 100 years. There’s just one problem.

Hard to believe, isn’t it? But it’s true: in the last decade, tens of thousands of square kilometers of Queensland farmland has been covered in gas fields. The export gas rush in Australia is one of the largest and fastest expansions of a gas industry ever seen, anywhere in the...

Are we ready for Robotopia, when robots replace the human workforce?

Are we ready for Robotopia, when robots replace the human workforce? Sean Welsh, University of Canterbury Automation has disrupted work for centuries. Two hundred years ago in Britain, the Luddites rose in rebellion, smashing the machines that made their weaving skills obsolete. Today it’s high status cognitive jobs that are under...

Australia must catch up with Papua New Guinea on how we tax gas

Australia must catch up with Papua New Guinea on how we tax gas Diane Kraal, Monash University Papua New Guinea’s 2017 budget takes big steps in resource tax reform. Following suggestions that I made together with former Labor minister Craig Emerson, starting next year resources companies operating in Papua New Guinea...

President Trump will change the United States and the world, but just how remains to be seen

Mark Chou, Australian Catholic University; Gorana Grgic, University of Sydney; Kumuda Simpson, La Trobe University; Peter Christoff, University of Melbourne, and Rodney Maddock, Monash University Leading Australian academics respond to Donald Trump’s victory, and look ahead to what kind of president he might be. Much unknown about Trump’s foreign policy, but...

Deaths at Dreamworld theme park could lead to safety changes for amusement rides

Deaths at Dreamworld theme park could lead to safety changes for amusement rides David Eager, University of Technology Sydney Investigations are under way following the tragic accident at the Dreamworld theme park on the Gold Coast on Tuesday that left four people dead. Queensland Police say initial investigations show that six people...