Michael West

Michael West

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

Adani and Commonwealth Bank part ways, casting further doubt on Carmichael coal project

Michael West and Lisa Cox Commonwealth Bank's key financing role at Adani's controversial Carmichael coal mine has ended.

Adani caned but not canned

Michael West The ornamental snake and the yakka skink are unlikely to be Greg Hunt's favourite animals today, having helped nix his approval of Adani's $16 billion Carmichael coal mine.

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Focus on tax avoidance, not GST hikes

Google co-founders Larry Page and Sergey Brin. Google runs its entire Australian advertising shebang through Singapore; it doesn't even pay GST.

Michael West What is the difference between 30 per cent of zero and 20 per cent of zero? Correct: precisely $5,227.27 less than a Bronwyn-Bishop-taxpayer-funded helicopter trip from Melbourne to Geelong.

With coal going begging, it's time to stop digging

Michael West dinkus Dinkus

Michael West It seems Adani and Shenhua are determined to do things the hard way.

Indian billionaire gives receivers a taste of the receiving end

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Michael West Flamboyant Indian billionaire Pankaj Oswal is emerging as the unlikely hero for victims of the insolvency profession, thanks to an inquiry in a Perth court into one the biggest and fastest fee grabs...


Adani shown the door by traditional owners

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Michael West Adani's cunning stunt on a vote with traditional owners backfired.

Big pharma bosses front up to Senate inquiry into corporate tax avoidance

Michael West The numbers told the story, one per cent of revenue paid in tax, even after billions in subsidies from taxpayers.

Australia is getting played for a mug with tax dodging

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Michael West PayPal and eBay seem hell bent on making as little as possible. Why? Simple, if you make a profit, you have to pay tax on it.

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Wall of Chinese capital buying up Australian properties

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Michael West Anti-money laundering legislation may be the only way to discourage Chinese investment in Australian properties and moderate rising house prices.

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eBay's no teddy bear when it comes to tax

Michael West The tale of global company eBay's tax affairs is worthy of Hollywood fantasy.

Crackdown on multinational tax avoidance likely to be thwarted, says expert

BRISBANE, AUSTRALIA - NOVEMBER 08:  The first protest against the upcoming G20 Leaders Summit in Brisbane was held by the Micah Challenge Anti-Poverty Campaign where protestors created a mock tax haven at Redacliff Place on November 8, 2014 in Brisbane, Australia.  (Photo by Michelle Smith/Fairfax Media)

Michael West The G20's efforts to crack down on multinational tax avoidance are likely to be defeated by national self-interest, particularly from the United States, a top tax adviser says.

Complex tax laws a goose to overseas firms

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Michael West Someone once said that a good tax system enables the government to pluck the feathers from the taxpaying goose with the least amount of hissing, says Rod Houng-Lee.

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Trade deals acronym really translates to 'we lose'

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Michael West The government is not merely determined to strip away the rights of its citizens on grounds of terror, it is also delivering powerful new rights to corporations on grounds of trade.

Big Pharma's secret pricing tactics keep staff and ATO in the dark

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Michael West Even the top ranking Australian executives at big pharma companies are kept in the dark by transfer pricing

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Tax avoiders: Apple joins other multinationals in sinking to the bottom of the ocean

Apple executive Jennifer Bailey at a presentation in San Francisco this week.

Michael West Apple is sitting on the biggest pile of cash in corporate history, some $US200 billion stowed offshore, safely out of reach of frustrated US tax authorities.

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American Express pays no tax on multibillion-dollar Australian operation for seven years

In four of the seven years, American Express received a tax refund rather than making a tax payment.

Michael West American Express has in effect paid no income tax on its multibillion-dollar operation in Australia for seven years.

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Chevron's tax whinge doesn't stack up

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Michael West Before complaining, the United States oil giant should start paying.

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Adani a dud candidate for government support

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Michael West Adani's opportunity to lose money may be too good for the government to refuse.

NSW puts seniors in a spin with AGL endorsement

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Michael West The NSW Government has entered into an exclusive arrangement with energy giant AGL to sell discount power plans to Seniors Card holders.

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Pfizer, GlaxosmithKline leaning on the taxpayer

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Michael West They may get humungous subsidies from Australian taxpayers, they may fork out a mere skerrick of tax in Australia themselves, but don't you worry, Big Pharma and the corporate tax lobby will tell you...