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Tuesday, August 12, 2025

ATO corporate plan 2024-25 - How Palantir Won Over Washington—and Pushed Its Stock Up 600%

 Fraud, tax debts, digitalisation top the ATO’s 2025–26 priority list


ATO corporate plan 2024-25

The Australian Taxation Office corporate plan 2024–25, covering the period 2024–25 to 2027–28.

Last updated 28 February 2025

The Australian Taxation Office corporate plan provides coverage of the functions of the Australian Taxation Office (ATO), the Tax Practitioners Board (TPB) and the Australian Charities and Not-for-profits Commission (ACNC).

Statement of preparation

As the accountable authority of the Australian Taxation Office listed entity, the Commissioner of Taxation is pleased to present the Australian Taxation Office corporate plan 2024–25, which covers the periods of 2024–25 to 2027–28. This plan has been prepared as required under paragraph 35(1)(b) of the Public Governance, Performance and Accountability Act 2013 (PGPA Act).



The Trump Administration Is Turning Local Police Into ICE Agents

Democracy Docket: “Across the country, local and state law enforcement agencies are cooperating with Immigration and Customs Enforcement (ICE) to arrest, detain and deport immigrants.

Onetime Silicon Valley upstart emerges as power player in Trump’s second term—and adopts his persona


A court has seen a list of items found in the home of a woman charged with reckless foreign interference last week.

Police allege the documents show the Chinese national had "unexplained wealth" including numerous luxury handbags, cash, and a $24,000 receipt for a watch.  

What's next?

The woman, who was remanded in custody last week after being denied bail, will be back in court next month.


Optus sued by privacy regulator in warning to Australian corporates to protect data or face fines


2Corporation for Public Broadcasting says it will shut down after Congress cut money NBC 


Texas AI centers guzzle 463 million gallons, now residents are asked to cut back on showers The Economic Times


$30 billion or I won’t come to work

Elon Musk has trashed the US government this year, albeit not quite single-handedly, but he tried. Now he is trashing Tesla by demanding $30 billion
Read the full article…


What is profit?

I’ve spent 50 years studying profit as an accountant, economist, and political economist. And here’s the truth: almost no one understands what profit really is,
Read the full article…


The Birth Of The Attention Economy — More Than 125 Years Ago

The rise of the cheap, daily newspaper in the 19th century created the first true attention economy—an endless churn of spectacle and sensation that remade how Americans engaged with the world. - The Atlantic