More than 1,000 large companies paid no tax in Australia, ATO reveals (www.abc.net.au)

submitted 6 days ago by Quokka@quokk.au to c/australia@quokk.au

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Almost 30 per cent of large companies paid no tax in 2024–25, an Australian Taxation Office report reveals, resulting in the corporate tax amount payable dropping by $8.2 billion from the previous year.

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[-] Obituarykidney@lemmy.world 5 points 6 days ago* (last edited 6 days ago)

They were supposed to?

I thought it was standard operating procedure for our politicians to kiss the ring and say "thank you for stimulating the economy" to the billionaires after removing protections for another koala habitat to turn it into a coal mine.

(Literally let them develop over a koala habitat this year, and recently approved one of the largest coal mine developments in aus like last week)

this post was submitted on 30 Sep 2026

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