Andrew Leigh 2022

PATRICIA KARVELAS, HOST:

The Albanese Government has released a discussion paper for public consultation on our election commitment to ensure that multinationals pay their fair share.

Multinational corporations making a profit in Australia should pay their fair share of tax in Australia.

Our multinational tax package will close tax loopholes exploited by multinationals and improve tax transparency.

I would like to acknowledge the Traditional Custodians of the land we are meeting on, the Ngunnawal people. I acknowledge and respect their continuing culture and the contribution they make to the region, and I pay my respects to their Elders, past and present.

ANDREW LEIGH, ASSISTANT MINISTER FOR COMPETITION, CHARITIES AND TREASURY:

LEON DELANEY, HOST:

The Government is delivering its election commitment to make unfair contract terms illegal, protecting small businesses and the hard-working Australians they employ.

At first blush, treaty shopping might sound like a fun excursion to the gift store with your primary schooler. Yet far from being a pleasant way to spend a Sunday afternoon, treaty shopping is a worrisome lurk that undermines the tax system.

JAMES VALENTINE, HOST:

The Albanese Labor Government is delivering on its election commitment to increase foreign investment fees and penalties.

From Friday 29 July, foreign investment application fees will double. This will generate an additional $455 million in Budget revenue over the forward estimates.

The Albanese Government has appointed Ms Deborah Jenkins as the acting Commissioner of the Australian Charities and Not-for-profits Commission, following the resignation of Dr Gary Johns, effective 31 July.