I can hardly wait for the ATO to return to the case against News Corp it abandoned soon after Tony Abbott became PM that cost taxpayers $882Million in January 2014:
"... The single largest factor in the underlying deterioration of the federal budget announced by Treasurer Joe Hockey in December was a cash payout of almost $900 million to Rupert Murdoch ’s News Corporation .
The massive windfall, revealed in the US group’s accounts a week ago in New York, was at a time when News Corp newspapers were highly critical of the budget and called for deep cuts.
The drama over the payout, one of the largest cash payments made by the Tax Office, played out behind the scenes during the federal election.
On July 25 the Federal Court of Appeal ruled against the Tax Office to allow News Corp to claim a $2 billion deduction from a series of paper shuffles between subsidiaries. ..."
