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One in four of Australia's largest companies paid no tax last year

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One in four of Australia's largest companies paid no tax last year, but many are tearing through their losses, setting up a multibillion-dollar windfall for the Morrison government ahead of an election-year budget.

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I guess these companies either made no profits, or they have previous losses to use against this year's wins. It's not necessarily a bad situation.

The Tax legislation is decades overdue for revision.

Yet we’re clobbered with taxes

They don’t need to pay. The government looks after them for a long time

yes but only half wits and less would assume we all want a rape religion so really bad economics don't you get it yet?

Big Business should pay a mass immigration Ponzi population growth surcharge or a Ponzi tax.

Yes, total tax reform has been long needed, but both parties haven't got the guys to do that as in some cases it would be political suicide to do the rite thing by Australia. This is why we need total government reform first of our existing political system.

This story gets rehashed every year. When is there gonna be a windfall for ordinary Australians?

Great news

Don’t worry, I’m sure they’ll find new losses before that ever happens.

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One in four CEOs expecting slump in business conditions | Sky News AustraliaOne in four CEO’s are expecting a deterioration in business conditions, according to AI Group’s Annual CEO Business Prospect Survey. \n\nOnly 33 per cent of CEO’s expect conditions to improve in 2019, down from 42 per cent on the previous year. \n\nThe biggest risks flagged for the year include a lack of customer demand from both businesses and households, and skill shortages.\n The_AiGroup So 3 in 4 CEO’s aren’t? The_AiGroup Just how many of the CEO are either foreign or put in place by PC super funds using your money to undermine your values? The_AiGroup But will all be expecting a pay increase this year! “Trickle down effect” my a$$!
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