For an upper house crossbencher, Centre Alliance senator Rex Patrick sometimes can sound almost credible. But not when he uses parliamentary privilege to wildly denounce, with little apparent evidence, a leading Australian corporate head as “an international corporate tax dodger, a swindler” who should be turfed from the Reserve Bank board.
Senator Patrick says that EnergyAustralia, the power generator and retailer run by Catherine Tanna, paid just $69 million in tax on nearly $8 billion of income in one recent year. He denounces the company and its managing director for paying no tax at all on $30 billion of income in the previous four years.