Original article by Janet Albrechtsen
The Australian – Page: 12 : 4-Apr-18
Factors such as the extent of "liar loans" revealed by the banking royal commission, the black economy, and rampant insurance fraud and theft from shops suggest that Australia is a nation of cheats. The forgone tax revenue from the $A25bn-a-year black economy, for example, is much greater than tax evasion by large companies. For many people in a nation founded by petty criminals, the real crime arising from cricket’s ball-tampering scandal may be not the plot itself but the fact that Smith, Warner and Bancroft did it live on international television.
AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, UBS HOLDINGS PTY LTD, AUSTRALIAN TAXATION OFFICE, BUNNINGS GROUP LIMITED