by Anthony Klan/The Klaxon
August 08, 2020
Nurses and care workers at a Queensland aged care home at the centre of an elder abuse scandal blew the whistle on serious problems at the facility – including allegations of serious mistreatment of residents – over six weeks ago but were completely ignored by management.
Staff at the TriCare Toowoomba Aged Care Residence wrote to senior TriCare management in June warning that vast understaffing meant a “very poor quality of care” was being provided, that laws were being systemically broken, and that residents were being put in danger.
TriCare, one of the nation’s biggest private aged care operators, is owned by Queensland’s ultra-wealthy O’Shea family but is legally “based” in Norfolk Island, a tax haven and “secrecy jurisdiction”.
In May last year a detailed report by the Tax Justice Network Australia and the Centre for International Corporate Tax Accountability & Research found TriCare appeared to be using Norfolk Island to engage in “financial engineering” to “reduce any income liability”.
“A key objective appears to be to shift profits, equity and debt to minimise tax payments,” the report says.
Because it is based on Norfolk Island – and so files no financial statements – there was “no way of knowing what tax payments, if any, are made by TriCare Group Pty Ltd.”
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