Michael West, University of Sydney Like its Big Pharma peers, Gilead Sciences enjoys lavish taxpayer subsidies via the Pharmaceutical Benefits Scheme (PBS). It also makes large profits, but it pays little in the way of income tax in this country. So, like its peers, Gilead is...

Michael West, University of Sydney Hammurabi nailed it back in 1772 BC when he declared: “The first duty of government is to protect the powerless from the powerful.” When it came to common sense, the sixth king of Babylon was an “early adopter”, earlier than say...

Michael West, University of Sydney Nowhere is the impotence of politicians and regulators more costly than in their failure to stand up to multinational corporations dodging tax. The Tax Office now publishes an annual list of Australia’s 1,900 largest companies, which shows their revenue,...

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