The government keeps going back to the same old stone, trying to squeeze more blood from workers, small business owners, and mum-and-dad investors. Since the May Budget, capital gains tax and negative gearing have been pushed, pulled, and reshaped under pressure.
But despite the backlash, one thing has not changed. The ATO's own data still raises a harder question: why are ordinary Australians being squeezed again before government chases the money already visible in corporate tax transparency data?
Eight companies — four miners and four banks — pay a large share of all corporate tax payable, while roughly 2,100 other companies pay the rest. This explainer pulls live yearly totals from the published data so you can see the split for yourself.