Tag: Andrew Leigh

Govt’s global tax floor to hit tech titans

Posted on   |  by Joseph Brookes
Landmark legislation introduced on Thursday could see digital platforms giants like Google and some of the government’s biggest tech suppliers forced to “top up” their local tax bill if...

New policy checkers starts with govt’s biggest bill

Posted on   |  by Joseph Brookes
A new Treasury unit set up by the Albanese government to forensically evaluate policy will start by looking at online employment services, a key part of the Commonwealth’s largest...

Govt grapples with AI impact on competition

Posted on   |  by Joseph Brookes
Artificial intelligence is a “different kind” of technology challenge for government, according to assistant minister for competition Dr Andrew Leigh, who will lead a new competition reform push that...

Competition probe to tackle monopolies, tech issues

Posted on   |  by Joseph Brookes
Australia’s competition policy is going under the microscope at Treasury with the support of an outside taskforce, after warnings ineffective merger laws and digital platforms are dragging on productivity....

Budget boost for ATO’s multinational tax tilt

Posted on   |  by Joseph Brookes
The Tax Office has been armed with $111 million to implement a new minimum tax rate targeted at tax dodging multinationals. The government is expected to collect more than...

Cochlear’s acquisition of rival hits UK roadblock

Posted on   |  by Joseph Brookes
Cochlear’s plan to buy up a Danish rival has hit another roadblock, with the UK competition regulator joining its Australian counterpart in opposing the deal, warning it would stymy...

Tech giants in govt’s tax reform firing line

Posted on   |  by Joseph Brookes
Tech giants moving the “apparent location” of their “bits and bytes” production to minimise tax will face tighter rules under the Albanese government’s multinational tax reform package, which took...

ACCC flags challenge to Cochlear buy on innovation grounds

Posted on   |  by Joseph Brookes
The competition regulator is warning Coclear’s plan to buy its closest competitor will lessen competition and innovation in “the already highly concentrated” hearing device market. The scrutiny comes as...