Qantas, Star Entertainment, Toll, and Insurance Australia Group paid no company tax in Australia in 2022-23, with huge revenues from miners and oil and gas companies helping the Australian Taxation Office secure a record $100 billion haul.
Tech giants including Google Australia, Facebook and Apple each had significantly smaller tax bills, despite billions in revenue. Apple paid $142 million in tax, after recording $12.6 billion in total income, ahead of Google’s $124 million bill, based on $2 billion in income.