That's the dream

Taxpayers should be mobilized to make it happen

Blackrock Lifepath Paycheck.....doesn't that sound wholesome?

Pwc isnt a ‘multinational’ in the sense you are using it. Pwc - like the other big accounting and law firms - is an Australian firm staffed by australians (with a few permanent resudent immigrants included). It works under the branding and with the support and systems of pwc international, which is really just a governing body that oversees all the pther national pwc branded firms. Because of this, none of your suggestions would really work. The only way to do it would be to identify the culprits and prosecute them, with a fine for pwc australia so the partners know they need to manage the tax partners better. But any fine is going to take money off a lot of the lower level ordinary staff who had nothing to do with any of this.

@@tileux "Pwc isnt a ‘multinational’ in the sense you are using it. Pwc - like the other big accounting and law firms - is an Australian firm staffed by australians (with a few permanent resudent immigrants included)." ----- Having sadly worked considerably as a consultant of sorts (engineering, I admit) some of the big 4 have even been my clients. While you are correct, I think you might find that this isn't too different from other multinational businesses operating with in Australia. They still have to set up legal entities with in Australia to hire Australians. However, despite their trickery and the legal craziness that the big 4 can mire themselves in the net flow of dollars due to these companies is still outbound, out of Australia. ------------------------------------- "Because of this, none of your suggestions would really work. ----- It would still work. Still might need some tweaks. But the idea is to make sure the international side of the business properly hurts for doing the wrong thing. So the international business fails to cough up while ensuring the security of Australian workers (who are not implicated or responsible) their Australian properties, IP, assets and bank accounts of said company should be seized and either sold to compensate the workers who might be out of work, or used to nationalise into a new organisation owned by either the government OR the people who previously worked there as a Co-op. (basically a worker/member owned organisation). The reason this will hurt the international business is that this will now be billions in profit that is no longer going overseas to shareholders. -------------------------------------- "The only way to do it would be to identify the culprits and prosecute them, " ------ Certainly.... ------------------------------------- with a fine for pwc australia so the partners know they need to manage the tax partners better." ------ Sadly most fines are practically chump change. It needs to hurt, otherwise it isn't a deterrent. --------------------------------------- "But any fine is going to take money off a lot of the lower level ordinary staff who had nothing to do with any of this." ------ Definitely needs to be a framework to manage this. Otherwise we end up with another Ford/Holden/Toyota etc etc.

@@nerdy_dav the distinction is that PwC is a firm and not a company. There are very different considerations that apply to trying to discipline and punish them. An Australian PwC partner doesnt derive any income from any of the other PwCs overseas (unless they are in the International section - which is basically just the international co-ordination section sitting above all the national firms in different countries). A multinational company, in contrast, derives income from each of the countries in which it operates and funnels that income through to the head company, which is usually a listed entity.

@@tileux "the distinction is that PwC is a firm and not a company. ----- Technically, they are a partnership. Interestingly, they are not a limited liability partnership. So that is interesting. But I get where the term "firm" comes from. ------------------------------------ "There are very different considerations that apply to trying to discipline and punish them." ------ Actually legally I'm certain a partner within a partnership can be maid completely liable for debts and other legal issues. ------------------------------------ "An Australian PwC partner doesnt derive any income from any of the other PwCs overseas (unless they are in the International section - which is basically just the international co-ordination section sitting above all the national firms in different countries)." ------ I'm not too concerned about the derivation of income from overseas. That all in all is a good thing. I'm more concerned with money that leaves these shores.... Typically for dubious tax reasons.

Labor get more coalition everyday… perfect summary mate 👍

By design. Remember. Our government is a government of business, not of people. Doesn't matter if you vote for Lab or Lib. It always will be. Independents or greens could be better. We'll have to see.

Its willpower that is lacking, it has the capacity to do what we need it to do.

@@iainmuir6116 But it doesn't. And it won't ever. The entire system, designed by and for business. Not the people.

@@nerdy_dav and it's not like businesses ever take the stick to each other. Tell me a law that can't be used against a business if anybody in government had a spine.

​@@iainmuir6116 "and it's not like businesses ever take the stick to each other." ---- Kind of... But is it just chump change. And wile 1 business might cop a hit, another will get the win. The major issue here is that for all major businesses in the world, no matter how they compete with each other, largely have the same owners... This is the same in Australia. In all major industries in Australia, all the top players are owned by the same people. Doesn't matter which business goes insolvent or what ever business takes a loss or which ever makes a massive profit... The same class of people win. Only we, as in the common people of Australia... Lose. ------------------------------------ "Tell me a law that can't be used against a business if anybody in government had a spine." ---- It isn't quite about the business, so to speak. A business might cop a fine. But the people pulling the ropes are not held properly accountable. As in people in charge that need to go to jail or personally fined for their actions, directives, initiatives etc. Look at the acres of data leaks for really stupid and honestly low-hanging fruit mistakes in IT that can only a product of the most ridiculous oversights by managers who have precisely no idea what they are doing. VW in Australia got almost no punishment in Australia for diesel gate. These are just two examples off the top of my head. Understanding that mistakes can happen in the workplace are something that can happen, but when mistakes are repeated, or lack of due diligence in business leadership are evident more people in those positions, especially executive positions should be held accountable..

Its a desperate need for pipelines to transport the gas. For example an LNG tanker starts losing gas as soon as the temperature begins to rise, The LNG tanker has a limited time before all the gas boils off in transit

there was no rationality in the AUKUS deal, it was done because Scotty from Marketing thought it was a good deal (for him).

And

@@8492946able PWC is deeply impeded in both major parties. Nothing else apart from that. No cause for alarm. Everyone will act in our best interests I am sure.

Sky news and the Murdoch media empire

​@@michaelandrews4783The only credible news source.

The LNP created the biggest government debt in AUSTRALIAN HISTORY