Multinationals operating in Australia paid almost $40 billion in company income tax in 2013 and transacted $400 billion worth of related party deals.
The Australian sharemarket bounced on Thursday, defying a weak lead from Wall St, as investors responded positively to slew of corporate updates including from NAB, Wesfarmers and Coca-Cola Amatil.
The closure of oil refineries has heightened Australia's exposure to disruptions in fuel supplies now the reliance on imported products has topped 90 per cent, motorist lobby the NRMA has warned.
A record number of human trafficking cases involving sex slavery, forced marriages and child brides, are being investigated by federal police.
Obese and overweight patients over the age of 45 are costing the hospital system $4 billion per year, according to a large cohort study of middle aged and older Australians.
Fear is hindering federal police investigations into sex slavery, forced marriages and the child bride trade as numbers continue to rise in Australia.
She sings in Mandarin and sips on a Corona. At last orders she slips down a side corridor, but she'll be working for a few hours yet.
A surge in branch membership in the state seat of Auburn ahead of a controversial preselection expected to see the sitting member, former minister Barbara Perry, dumped as Labor's candidate in favour of local Mayor Hicham Zraika, is raising questions.
The nation's capital city mayors have asked Prime Minister Tony Abbott to reform alcohol taxation, saying young men "preloading" on cheap wine before hitting city nightspots were behind much booze-fuelled violence.
From an adults-only version of the Little Mermaid to a roof-raising farewell to FBi Social, we have the week covered.