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The Australian Taxation Office (ATO) has been successful in the Full Federal Court decision of Singapore Telecom Australian Investments PTY Limited (SingTel) vs Commissioner of Taxation. This decision confirms SingTel claimed a transfer pricing benefit for deductions based on interest paid on loans between two of its subsidiaries regarding its acquisition of Optus in 2002. … Continued
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The ATO welcomes the announcement from SGSP (Australia) Assets Pty Ltd (SGSPAA) (trading as Jemena) to the Singapore Exchange. The settlement shows the ATO’s continued commitment to maintaining the integrity of the tax system by working with multinationals to ensure they are complying with their tax obligations. The settlement resolves the dispute in relation to … Continued
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The system that governs lobbyists’ access to our Federal parliamentarians is toothless, opaque and excludes an estimated 80% of lobbyists in Canberra, according to the Alliance’s submission to the Inquiry into Access to Parliament House by Lobbyists. The CEO of the Alliance for Gambling Reform, Carol Bennett, said she was concerned that powerful vested interests from … Continued
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The Construction Forestry Maritime Employees Union (CFMEU) has called for the federal government to expand build-to-rent-to-buy schemes. The Greens’ housing policy, released yesterday, calls for the government to build 360,000 homes over five years that would be available to rent and buy at discounted rates. CFMEU National Secretary Zach Smith said the Federal Labor Government … Continued
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Climate Change and Energy Minister Chris Bowen is today addressing the federal governments’ proposed New Vehicle Efficiency Standards Scheme at the Smart Energy Conference. The following experts are available for comment on why Australia needs the proposed NVES. Liam Davies – Senior Transport Analyst at the Institute for Sensible Transport, said: ‘’The design … Continued
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Mardudhunera woman, Federal Court victor and former Chair of the Murujuga Aboriginal Corporation, Raelene Cooper, this morning releases her submission to the Federal Government’s Offshore Petroleum and Greenhouse Gas Storage (OPGGS) regulatory review of offshore gas approvals instigated by the Federal Resources Minister Madeleine King in Perth and sets out Woodside’s history with Murujuga traditional … Continued
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The following speakers will be addressing the Smart Energy 2024 conference and expo in Sydney tomorrow, Thursday March 7. 9:20 amHon. Chris BowenMinister for Climate Change and Energy 9:40 amSimon Holmes à CourtDirector, Smart Energy Council 11:00 amProf. Rod SimsChair, The Superpower Institute 12:10 pmHon. Malcolm Turnbull AC29th Prime Minister of Australia Where: Smart … Continued
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The Australian Taxation Office (ATO) has conducted a number of raids as part of its continued focus on businesses suspected of using, manufacturing or supplying electronic sales suppression tools (ESSTs) to avoid paying tax. ESSTs or software attached to a point-of-sale system are designed to alter transaction records and avoid paying tax. It has been … Continued
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FOR IMMEDIATE RELEASE WEDNESDAY 6TH MARCH 2024 Filthy Five: Toyota, Ford among car companies polluting more than Australia’s coal mines FIVE FILTHY CAR COMPANIES whose fleets are responsible for more climate pollution than some of Australia’s biggest coal mines have been identified in new analysis by the Climate Council. Toyota’s 2023 new … Continued
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EMBARGOED 12.01AM WEDNESDAY 6TH MARCH 2024 Filthy Five: Toyota, Ford among car companies polluting more than Australia’s coal mines FIVE FILTHY CAR COMPANIES whose fleets are responsible for more climate pollution than some of Australia’s biggest coal mines have been identified in new analysis by the Climate Council. Toyota’s 2023 new car … Continued
