Australia is a rich country that taxes like a poor one

If Australia just collected the OECD average in tax, the government would have an extra $130 billion a year to spend on essential services like health and education.

On this episode of Follow the Money, Matt Grudnoff and Ebony Bennett discuss the latest data from the Australian Taxation Office showing that 30% of large corporations paid no company tax in FY23-24 – with the gas, coal, salmon and tech industries among the worst offenders.