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The Australian operations of mining giant Glencore have been implicated in the Paradise Papers revelations – the largest leak of documents in history.
The Paradise Papers show that Glencore was involved in currency swaps of up to $25 billion between the Bermuda-based and Australian-based arms of its company.
While theoretically "legal”, these types of swaps are being investigated by the Australian Tax Office under suspicion they may be used to avoid tax by shuttling interest payments from high-tax nations to low-tax jurisdictions.
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Members of the family of David Dungay, who was killed by prison officers in Long Bay jail almost two years ago, gathered outside the Coroners Court on November 8 to demand justice and that action be taken against those officers involved in his death.
Speaking to the media, David's mother Leetona said: "After two years, this process has taken too long. We are going to fight this to the end. My son has been cruelly taken away from us, and I am demanding that justice is finally done for him."
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In some sort of sick joke, residents of the inner west suburbs of St Peters and Haberfield have been sent earplugs by WestConnex after complaints to it about the incessant and loud noise caused by the construction of this controversial $17 billion tollway.
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After a concerted campaign by staff, trade unions and the community, the NSW government announced on October 27 that Shellharbour Hospital in the Illawarra will remain in public hands.
The campaign forced the government to cancel its proposed public-private partnership (PPP) plan and instead proceed with a $251 million redevelopment of the hospital on its current site.
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Federal Treasurer Scott Morrison has ramped up calls for tax cuts to big business in an October 24 speech to launch the Productivity Commission's latest report.
Morrison claims corporate tax cuts are "an urgent matter" now that conservative governments in the United States, Britain and France are moving to slash big business taxes. Australia risks becoming an "uncompetitive tax island" if it does not follow suit, Morrison claimed.
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Jim McIlroy
Jim McIlroy