ATO Figures confirm big corporations are still ripping us off   
2025-10-02
greens.org.au
The Australian Taxation Office’s latest corporate tax transparency report shows that big corporations are still ripping Australians off when it comes to avoiding tax.

The ATO figures show that almost a third of large companies, including fossil fuel, gambling and airline corporations, paid no corporate tax at all in the 2023-24 financial year.

Greens Economic Justice Spokesperson Senator Nick McKim said the numbers are proof the system has been totally corrupted.

“Almost one in three big corporations paid nothing. That’s an economy-wide rip off,” Senator McKim said.

“Corporations that are wrecking the climate, destroying nature and sucking profits out of our communities are dodging tax which leaves working Australians to make up the difference.”

“You know the system is cooked when people going to work every day as nurses, cleaners or plumbers are paying more tax than nearly a third of big corporations.”

“Working people don’t get the option of skipping their tax bill. But big corporations keep buying their way out of it, and Labor and the Liberals keep letting them.”

“The Greens will keep fighting to make big corporations and billionaires pay their fair share so we can fund housing, health, education and the services people rely on.”

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Whether they are ripping off the system depends entirely on why they pay no tax. We don't want to bankrupt 1/3 of the economy by taxing them when they make a loss.

Dnarever wrote on Oct 3^rd, 2025 at 8:01pm:


That is not what I said. Try again.

freediver wrote on Oct 3^rd, 2025 at 8:07pm:


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Seems to be almost exactly what you were saying. We have seen this third of companies measure come up year after year. There are hugely profitable companies who have made a paper loss in taxable terms for years and years.

Dnarever wrote on Oct 3^rd, 2025 at 10:48pm:


No. It is different. This should be obvious from the quotes you left out.