Michael West

Michael West

Michael West comments on companies, markets and the economy. He is a former SMH business editor.


News loans to Foxtel questioned

Michael West Rupert Murdoch’s News Corporation and Telstra Corporation are lending money to their cashed-up pay TV business Foxtel at 12 per cent, claiming tax deductions on the loan and lending the money...

Michael West

Tax haven explosion puts hole in corporate tax

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Michael West Confidential documents obtained from the Tax Office under the Freedom of Information Act show Australia’s corporate tax base is in crisis because of the explosion in tax haven dealings by...


Tax avoidance as bad as bottom of the harbour schemes

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Michael West John Miller says the infamous "bottom of the harbour" tax schemes of the 1970s and 80s are "no more scandalous" than some of the aggressive tax minimisation strategies used by multinational companies...


Google paying a fraction of the tax in Australia it should

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Michael West How much tax does Google really owe Australia? Its submission to the parliamentary inquiry into corporate tax avoidance says Google doesn't owe this country a zac.

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Australian filmmakers find success with the digital-only release of The Mule

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Michael West For an independent Aussie film about a football player holed up in a hotel room trying not to go to the toilet for a week, The Mule has done remarkably well.

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Inquiry's roll call of tax avoiders

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Michael West The list of submissions to the parliamentary inquiry into corporate tax avoidance reads like a Who's Who of Australia's biggest and sneakiest tax avoiders.

EFIC's capital deployed doing deals with multinationals

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Michael West The public mandate of the Export Finance and Insurance Corporation is to provide credit to small to medium enterprises, to assist them to export.

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Matt O'Sullivan book tallies cost of Qantas brinkmanship


Michael West Matt O'Sullivan gives a dramatic account of the most radical decision in Australian industrial relations history.

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A taxing tale of two peak bodies

New Social Services Minister Scott Morrison has taken the axe to community grants.

Michael West Four days out from Christmas, Blind Citizens Australia, Deaf Australia, Homelessness Australia and Down Syndrome Australia learned they were to be subject to federal government funding cuts.


Pressures on coal show no signs of ending

Coal miners may return to profitability.

Michael West When world leaders assembled at the G20 Summit in Brisbane last month, the corporation selected by the Australian government to address the G20 and spearhead its "thought...


Australians now live in 'energy poverty'

The Baird government plans to spend proceeds from the sale of electricity assets to fund infrastructure projects.

Michael West Hundreds of thousands of Australians now live in energy poverty. According to the Australian Energy Regulator, in NSW alone over 100,000 residential customers can't pay their bills and have an...

Michael West

Glencore buying Rio Tinto could burn hole in Hockey's pocket

Glencore owns 13 coal mines in NSW and Queensland.

Michael West A Glencore merger with Rio Tinto would be damaging for Australia and ought to be, and very likely will be, knocked on the head by the Foreign Investment Review Board.

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Policy of inaction on multinational tax

Federal Treasurer Joe Hockey.

Michael West Joe Hockey can say what he likes. The outlook for any substantial action on multinational tax shifting is bleak.

ATO puts tax poachers in charge of the game park

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Michael West Incredibly, the Australian Taxation Office is running a pilot scheme whereby it outsources the duty of tax compliance for Australia’s largest companies to none other than company auditor.

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John Viscariello says battling big boys takes it toll

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Michael West Being motivated by a deep sense of injustice can be a costly thing. Just ask John Viscariello.

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David beats Goliaths: how John Viscariello took on PPB Advisory and Minter Ellison and won

Michael West It is rare for one man to triumph against the establishment, especially when he has taken on a major insolvency firm and one of the country’s blue chip law firms.


Rattled banks up the ante

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Michael West When it comes to reports to government there is a deep schism between recommendations and implementations.

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Accountants institute's annual report shows peculiar treatments in accounts


Michael West Analysis of the Institute of Chartered Accountants in Australia's annual report for 2014 is reveals an accounting body that needs to put more effort into walking the walk, rather than talking the...

Glencore merger with Rio Tinto would be most damaging in Australia's history

Michael West A Glencore merger with Rio Tinto would be exceedingly damaging for Australia and ought to be, and very likely will be, knocked on the head by the Foreign Investment Review Board.

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Terry Dodd has each way bet on Manly fast ferries tender

Fast ferry services from Sydney to Manly will be reduced from two service providers to one under new arrangements.

Michael West Terry Dodd will be disappointed if he lucks out in the tender process to run fast ferries to Manly on Sydney Harbour, and understandably so.