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Election 2016 – Infographic: what we know so far about the results of Election 2016

POLITICS
Follow #pigsfly on Twitter and @Pigsfly Newspaper on Facebook. This is your perfect resource to find out the actual count as it occurs. Our panel below, is your direct link to the Australian Electoral Commission who will automatically update the count progressively.  Counting does not resume until Tuesday 5th July 2016...
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Malcolm Turnbull: a prime minister on probation in search of a mandate

POLITICS
Michelle Grattan, University of CanberraMuch of politics is comparative. Malcolm Turnbull, awaiting judgement from a fickle electorate, told Four Corners that if the Liberals had not changed leaders “we would’ve lost the election very resoundingly”. It was a sharp, if self-serving, message about how things might have been if Tony...
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What are Nick Xenophons Policy Principles

POLITICS
Twitter — Follow #pigsfly. @Pigsfly Newspaper
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The difference isn’t as big as they say

POLITICS
Original article by Ross Gittins Both sides have previously supported policies they now vociferously oppose. I get criticised by rusted-on supporters of both sides of politics when I say this, but that doesn’t stop it being true: there are differences between the two sides’ policies, but they’re not as great as...
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Volkswagen’s U.S. diesel emissions settlement to cost $15 billion

BUSINESS
Volkswagen AG's (VOWG_p.DE) settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter said on Monday. The settlement, to be announced on Tuesday in Washington, includes $10.033 billion to offer buybacks to owners...
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How 76 profitable companies left Australian taxpayers $5.6 billion out of pocket

POLITICS
The biggest multinational companies operating in Australia are paying half the 30 per cent corporate tax rate on average, according to a new report delivered just weeks out from a budget expected to target multinational tax dodging. These foreign multinationals are inflating their losses and shifting their profits to rob...
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These private companies pay less tax than we do – but reasons remain unclear

POLITICS
Roman Lanis, University of Technology Sydney and Ross McClure, University of Technology Sydney Information released this week by the Australian Taxation Office (ATO) on the amount of tax paid by some of Australia’s largest private companies raises questions about the fairness of individual income tax, avoidance of tax by large...
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McDonald’s Australia cut its tax bill by more than half in 2015 by routing payments via the low-tax nation of Singapore.

POLITICS
Fast food giant McDonald’s Australia cut its tax bill by more than half in 2015 by routing payments via the low-tax nation of Singapore. McDonald’s reduces its profit, and thus its local tax bill, by using a legal loophole that allows it to pay McDonald’s Asia Pacific based in Singapore,...
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Musk’s Solar Lifestyle Idea Has One Big Flaw

OPINION
Tesla’s explanation of its proposal to acquire Solar City, another Elon Musk project, offers a compelling vision: Get energy from the sun, use and store it in the home, charge your car with it. “The world’s only vertically integrated energy company offering end-to-end clean energy products to our customers”...
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The need for speed: there’s still time to fix Australia’s NBN

POLITICS
Mike Quigley, University of Technology Sydney A National Broadband Network (NBN) based on Fibre to the Premises (FTTP) was, and still is, the right answer for Australia’s broadband needs. Compared to the original FTTP-based NBN, we are currently on the way to a much poorer performing broadband network with a mix...
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