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Call for 10pc royalty on offshore gas amid boom

The petroleum resource rent tax should be expanded by introducing a 10 per cent royalty on offshore gas to capture more revenue from Australia’s booming oil and gas industry, says left­wing think tank the McKell Institute. Australian Taxation Office statistics...

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Aged care providers avoiding tax while taking handouts

The largest six private aged care providers – BUPA, Opal, Regis, Estia, Japara and Allity – are using trusts and offshore tax havens to obscure profits and avoid paying tax, according to a recent report commissioned by the Australian Nursing and Midwifery Federation....

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