Netflix. AGL. Virgin Australia. What do these companies have in common?

Well, they generate hundreds of millions of dollars in revenue each year, but paid no company tax in the 2023/24 financial year.

That’s according to the Australian Tax Office’s annual corporate tax report released last which.
So how can this be? We’ll break it down in today’s podcast.

Hosts: Billi FitzSimons and Sam Koslowski
Producer: Orla Maher

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The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.

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Netflix. AGL. Virgin Australia. What do these companies have in common?
Well, they generate hundreds of millions of dollars in revenue each year, but paid no company tax in the 2023/24 financial year.
That&rsquo;s according to the Australian Tax Office&rsquo;s annual corporate tax report released last which. So how can this be? We&rsquo;ll break it down in today&rsquo;s podcast.
Hosts: Billi FitzSimons and Sam Koslowski Producer: Orla Maher
Want to support The Daily Aus? That's so kind! The best way to do that is to click &lsquo;follow&rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.
The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.
Want more from TDA? <a href="https://thedailyaus.com.au/newsletter/">Subscribe to The Daily Aus newsletter</a> <a href="https://www.youtube.com/@thedailyaus">Subscribe to The Daily Aus&rsquo; YouTube Channel</a>
Have feedback for us? We&rsquo;re always looking for new ways to improve what we do. If you&rsquo;ve got feedback, we&rsquo;re all ears.&nbsp;<a href="https://thedailyaus.typeform.com/to/D0EhJI4S">Tell us here</a>.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.

TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.
TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast that breaks down issues important to young people in Australia.

The Daily Aus

The Daily Aus podcast is a five-minute entree to your news diet, and is presented by co-founders Sam (27) and Zara (25). Join them every weekday morning as they cover the news of the day in your language and take a deep dive into the biggest story of the day so that you’re armed with talking points when you meet your blind date, get caught chatting in the coffee line or have to face the in-laws. Over 400,000 Australians get their news from The Daily Aus on Instagram, and now they're hitting your headphones.

Why some big brands pay no tax

https://api.omny.fm/orgs/fa326977-3de5-4283-9b8b-af3500c58607/clips/57936441-df83-4ce3-b8e6-b36b00668492/transcript