How multinational tax transparency got killed off
![Staff at the Apple store in Sydney. Apple is one of many US multinationals that has been criticised for not paying ...](/web/20161026235904im_/http://www.watoday.com.au/content/dam/images/g/r/l/n/z/w/image.related.landscape.120x80.grwhq5.png/1477491730521.jpg)
The Turnbull government's voluntary tax transparency code should be dumped.
The Turnbull government's voluntary tax transparency code should be dumped.
At first glance, Treasurer Scott Morrison's speech on housing affordability might look like an improvement on his predecessor's "get a job, a job that pays well" advice. It's not.
Tracker home loans could put an end to the tiresome cat-and-mouse game on mortgage pricing that follows every change in official interest rates.
The $107 billion charity sector is a sacred cow, but also a black box.
The regional TV industry, like Bill Murray’s weatherman in Groundhog Day, is trapped in a seemingly endless time loop, say frustrated network CEOs.
Getting rid of most bank notes could give central banks another weapon to lift growth and to prepare for the next recession, leading economists says.
The clouds are gathering and getting lower by the moment but we can learn from the magpies.
On Thursday morning the board of Crown Resorts will be in the firing line.
There are some encouraging signs that the economy is starting to pick up and will pick up more over the next couple of years.
What if the bet on Barangaroo plays out badly for James Packer?
The arrest of Crown Casino staff in China reinforces the importance of Australian businesses understanding the playing field and the rules of the game when doing business in China.
What a funny little business the sudden interest in "tracker home loans" is – an apparent desire to have a home loan that immediately follows Reserve Bank cash rate movements just when there's a very good chance the next RBA move will be up.
Our banks are often ranked among the world's most profitable lenders, but there's one area where they appear to be lagging some big global peers: the incentives they pay staff.
After a lot of arm twisting, Westpac's life insurance arm has been outed as the insurer declining one-in-three total and permanent disability (TPD) claims made by its customers.
This week, the warring factions of the $2.3 trillion superannuation sector converged on Canberra to fight to keep the $6 billion business of selling life insurance products to super fund members.
Australia's cultural treasures and Australia's sporting capacities cannot be separated from our financial and social future.
A good chunk of Scott Morrison's budget problems could have vanished, just as they vanished for Peter Costello during mining boom at the start of the century.
The industry has serious issues and some insurers are making cannon fodder out of customers when assessing claims.
For decades the $44 billion life insurance industry has been allowed to operate like the Wild West.
Despite all those hours questioning the big four banks, the politicians still missed plenty.
A valued client for a broker mate of CBD had what he called a value-add experience.
For Gina Rinehart it certainly pays to be Australian - and a rich one with impeccable government connections.
Sight and hearing disorders are only a problem when the Treasurer is only hearing the parts of the RBA's advice that appeal to his ideological bent.
National Australia Bank isn't the only big corporate donor to quietly put the brakes on cash payments to political parties in recent months.
The world is facing up to the realities and challenges of a new era of economic malaise. But are Australian leaders really listening?
It felt surreal listening to Nick Abboud, the former head of collapsed retailer Dick Smith, at his final day testimony.
There is truth to the big four bank's claim that they face higher funding costs, but, as always, there's a catch.
The ABS and NAB have different ideas about how many first home buyers there actually are.
If the latest American Express PR campaign is anything to go by, more than a quarter of reward-points-chasing credit card users are even more hopeless with their money than previously thought.
Charlie has been leaping around since last Saturday shouting "a champion team will always beat a team of champions".
Whenever there's a news report on some aspect of bike riding, the cliches tend to follow.
Hill training hurts. Hill training is hard. But hill training will get you fitter, faster, like nothing else can.
Australian retailers slow to embrace Halloween and create special sales events.
Are you a "procrastin-ectionist" a people-pleaser or a simple pessimist unnecessarily shooting yourself in the foot?
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.