In This Update:
- Have your say on Australia’s first Open Government Multi-Stakeholder Forum
- Lifting the Veil on Who Owns Companies – combatting corruption in Australia
- National Integrity Conference papers
- A Fairer Tax System for Millions, not Millionaires
Australia’s first Open Government National Action Plan contains 15 ambitious commitments to help ensure government is transparent, accountable and engaging. Part of the process of driving and monitoring their implementation is to establish Australia’s first Open Government Multi-Stakeholder Forum: a group that will allow government and the community to work closely together to make sure we realise the promise of our commitments. Have your say by 17 May.
In the UNCAC Coalition Newsletter, TI Australia CEO, Serena Lillywhite, argues that a key tool in the fight against corruption is increasing the knowledge of who really owns companies around the world. She notes that, ‘Establishing a central and public register to record this beneficial ownership information is long overdue in Australia’.
Papers from the first Biennial National Integrity Conference – Building the Public/Private Alliance (March 2017) are now available on the TI Australia website.
In the aftermath of the Budget, some welcome news and commitments by the ALP for a fairer tax system. Shadow Treasurer, Chris Bowen, MP and Shadow Assistant Treasurer, Andrew Leigh, MP, outlined Labor’s nine-point Fairer Tax System plan will restore integrity to the Australian tax system and increase enforcement and civil society oversight. TIA welcomes the commitment, in particular: public reporting of country-by-country reports, whistleblower protection and rewards, public reporting of Australian Transaction Reports and Analysis Centre (AUSTRAC) data, and publicly accessible registry of the beneficial ownership of Australian listed companies. Several these commitments are included in the Open Government National Action Plan, and outlined in recent TIA submissions and appearances before parliamentary inquiries. Read TI Australia’s media release.
TI Australia e-Update #227
TI Australia is the Australian national chapter of Transparency International (TI), an international not-for-profit organisation devoted to curbing corruption worldwide. The TI Australia e-Update is a monthly update giving information on the fight against corruption in Australia and worldwide. TI Australia does not necessarily endorse the views expressed in the materials linked to this e-Update; nor does it accept responsibility or liability for any loss, damage, cost or expense you might incur as a result of the use of, or reliance upon the materials which appear in the TI Australia e-Update.
Transparency International Australia