The report from the Senate inquiry into the PwC scandal has recommended that the multinational consultancy firm should be “open and honest,” implying this this isn’t how it has behaved. The report also recommended stricter regulation of large partnerships between government and large private organisations. In all there are 12 recommendations. Continue reading Inquiry into the corrupt behaviour of PwC is a whitewash→
Foreign multinationals operating in Australia are being driven mad by debate in the Senate over stronger tax transparency laws that apply to them. It’s not that the discussion in the Senate is about putting an end to the corporate tax avoidance industry. it is about introducing a little more disclosure to the Australian Taxation Office (ATO), and that the information should be available to the public. Continue reading Multinationals push back against greater tax disclosure→
Investigative journalist Michael West writes (Michael West Media 1 June 2023) about how the scandal surrounding PwC is not one off, but part of systemic problem involving al the 4 big American finance advisory multinationals. All have been acting as the middleman between the Australian government and big corporations. All have been advising their clients how to avoid paying tax, while securing generous government contracts. They stand above the law, betray Australia, and pose the challenge on how o deal with them. Michael West is a former journalist and editor with Fairfax newspapers, and columnist for News Corp.
The scandal engulfing consulting firm PricewaterhouseCoopers (PwC) Australia and its misuse of confidential government data to help clients avoid tax is escalating, and a week ago, senior management agreed to stand down those who were alleged to be directly involved in doing this. This appears to be way to for the company extricate itself from a sticky situation through putting the blame on these individuals. But it is unimaginable that such behaviour could take place without a conspiracy and approval. If not direct participation from the top. Continue reading Conflict of interest means the AFP should not be investigating the PwC tax scandal→
There is immunity for the silver spoons sand none for the working-class British, says Owen Jones The Guardian 25 May 2022). The Partygate investigation reveals that security staff and cleaners were treated abysmally. The police brass refused to investigate the illegal parties. Meanwhile, those without the protection of power were treated harshly. prime Minister Boris Johnson’s excuse is long hours of work at 10 Downing Street. A pity similar consideration hasn’t been offered to nurses and other health workers battling the Covid pandemic. Their real wages have been cut. But Partygate is not their greatest crime.They have done much worse.
You can tell we are entering election season. Corporate donations are rolling into the political parties. The fossil fuel companies are there and have officially handed over are $1 million. The comes from analysis by environment campaign group 350.org of Australian Electoral Commission data. Top of the list though is he world of finance. Continue reading The corruption of corporate political donations is still here→
The Novak Djokovic saga has been an embarrassment. The spectacle of a tennis star landing in Australia and the day in day out, will he stay or won’t he stay saga should not have taken place. That it did, told the world that double standards operate in Australia. Continue reading The Novak Djokovic scandal should never have happened→