We issued a media release on the day of the Government’s announcement and media coverage of our comments has been extensive. I was interviewed by Ross Greenwood on the 2GB Radio program, MoneyNews, on 25 November 2011, which you can listen to here. The Weekend Australian Financial Review extensively quoted us in its front page article on 26 November 2011: “Labor slugs business to rescue surplus”. On 26 November 2011 ABC Radio used portions of an interview I pre-recorded with them in their news bulletins. On the same day ABC Online ran the following story with our quotes: “Government seeks tax change to recoup billions”. We also received coverage on the front page of the Business section of The Australian “Move to plug tax loophole raises ire”, the Sydney Morning Herald Business section (and The Age): “Retrospective tax changes draw ire”, and similarly in the Brisbane Times and WA today: “Merger law changes criticised”. There was also coverage in the International Business Times: “Tax Institute: Australia's Backflip on Tax Laws Undermines Tax System's Integrity” and on Radio New Zealand: “Back-dated tax change signalled in Australia”.
The Tax Institute was quoted in the Australian Financial Review on Tuesday 29 November 2011: “Small business gets to dob in taxman” in relation to the Inspector-General of Taxation’s release of terms of reference for his review into the ATO’s Use of Benchmarking to Target the Cash Economy. In the article, The Tax Institute says that the issue of most concern was the use of benchmarks to make default assessments