One of the most common ways multinationals take advantage of current laws to reduce their tax bill is through what’s known as transfer pricing. Former Treasurer Wayne Swan last week accused mining giant BHP of “aggressive transfer pricing,” denying the Australian government A$5.7 billion in tax revenue.

For most companies,...

The government has suffered a blow with Family First senator Bob Day quitting parliament following the collapse of his building business.

Day, elected in 2013, has been the Coalition’s strongest crossbench supporter. He will be replaced by a nominee of Family First. Rikki Lambert, Day’s staffer, is nominating for the position.

Day said...

Social media has revolutionised how we communicate. In this series, we look at how it has changed the media, politics, health,...