Millions of leaked documents, dubbed the Panama Papers, exposed the legal but dubious tax dealings
Around this time last year, the Coalition government was trying to manage the nation’s Business and Economy despite political shakeups, we were all watching a country on the verge of leaving the European Union, and some businesses were in the spotlight for behaving badly. Anyone getting deja vu?
As we look back at what made news in business news and economics news in 2016, there is certainly a little bit of history repeating, in addition to some being made.
- Scandals, insolvency and bad behaving banks
- Questioning China’s influence in Australia
- Changing industries
- Global waves beyond Australia’s shores
- Backpackers, 457 visa and migrant workers
- Company results
- Budget, election, budget update
As in the Trump and Brexit tumult overseas, Australians are also unhappy with inequality in the property market, superannuation and household incomes and wealth, just to name a few.
But despite all this tension, it should be calm around the Christmas dinner table. As long as no one mentions smashed avocado…
