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Labor’s new tax policy shines light on hidden billions

Australia would become a world leader on tackling the tax dodging by multinationals that is robbing Australia and developing countries of billions of dollars that could be used to fight poverty under a Labor promise unveiled tonight, Oxfam Australia said. Oxfam Australia Chief Executive Helen Szoke said an announcement in tonight’s Budget Reply that a […]

Tax promises offer progress on big companies avoiding their fair share

Responding to today’s announcement that a Labor Government would tighten loopholes exploited by multinational companies to avoid paying tax, Oxfam Australia’s tax policy advisor Joy Kyriacou said: “Tightening a range of tax loopholes would be a very welcome move. “Today’s policy announcement by Federal Labor would see loopholes closed across a range of important areas, including […]

High risk of cyclone hitting Vanuatu: Oxfam monitoring

Oxfam is closely monitoring after a cyclone warning was issued for Vanuatu, as numerous provinces brace for damaging gale force winds and flooding. Oxfam Vanuatu Country Director Elizabeth Faerua said the latest forecast warned there was a high risk the tropical low would develop into a cyclone within the next 12 hours. Ms Faerua said […]

Oxfam calls for national action after report exposes NT’s justice system failings.

Responding to interim report of the Royal Commission into juvenile detention in the Northern Territory, Oxfam Australia Chief Executive Dr Helen Szoke said: “The Royal Commission’s interim report documents a litany of evidence which has exposed the appalling mistreatment of children – most of them young Aboriginal people – in custody. “The report is a […]

Tax changes must be first step in crack down on multinational tax dodging

Commenting in response to the Diverted Profits Tax legislation passed by Federal Parliament last night, Oxfam Australia spokeswoman Joy Kyriacou said: “The passing of the new Diverted Profits Tax (DPT) overnight is a welcome sign of clear action from the Government to crack down on multinational tax avoidance. “Oxfam estimates that each year, ‘offshoring’ of […]

Just eight billionaires as wealthy as poorest half of the world

Just eight people own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new Oxfam global report revealing the gap between the super-rich and the poor is far greater than had been feared. Oxfam Chief Executive Dr Helen Szoke said Australia had not escaped the […]

Typhoon Nina intensifying in Philippines, Oxfam on standby to respond

Typhoon Nina is intensifying to a possible category four cyclone as the Philippines braces for the tropical storm to hit with destructive winds and heavy rain on Christmas Day. The typhoon, also named Nock-ten, entered the Philippines area yesterday and is intensifying as it bears down to make landfall in the Bicol Region tomorrow. Oxfam […]

Tax havens stashing billions in Australian corporate tax

More than $4 billion in Australian tax is being shifted by Australian-based multinationals into the world’s 15 worst corporate tax havens each year, depriving public coffers of revenue that could be spent on schools, hospitals and tackling poverty, new Oxfam research has revealed. Oxfam has named the worst tax havens for encouraging multinational corporate tax […]

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