Australia's largest stock trading and investment forum Australia's #1 stock forum

Has cutting red tape bitten Aussies where it hurts?, page-5

First 5 Last

Share
Profile

Follow
dan1

18,642 Posts.

30

26/06/23

10:03

Post #: 68465688
Share

Originally posted by Lapdog: ↑

Since the darkest days of the Covid Pandemic there have been revelations about rorts including $38 Billion from taxpayers via JobKeeper - one the Coalition refused to pursue.

It appears that allowing taxpayers money to be rorted by shonks is easier than getting it back from them because the public service has been slashed and burnt to 'reduce costs' to taxpayers and for large corporations.

But there's more! Recently we learnt of world-shattering revelations about PWC and corporate tax avoidance - a story which is still unfolding.

Well now there's even more and maybe even a Pandora's Box ... the common denominator for which IMO appears to have been 'cutting red tape' and therefore hiving out public service functions to an unscrupulous private sector and emasculating corporate regulators, the ATO and even the AFP.

After reading the news article referenced below it's my opinion that tonight's edition of the ABC's Four Corners is essential viewing:

" The unravelling of a $100m scam "

https://www.abc.net.au/news/2023-06-26/plutus-payroll-tax-scam-police-phone-taps-four-corners/102497494

Expand

Public service has been slashed and burnt

what planet are you on this week?
10 Upvote

Reply

Top Stories

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

AI stocks: What to expect in 2024-25

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

There are more pages in this discussion • 16 more messages in this thread...

First 5 Last