As the media proprietor, the late Kerry Packer, once said when accused of avoiding paying tax, he said, to paraphrase, I pay all the tax I am obliged to pay. Not a penny more. In spite of his richness, why should he? He arranged his affairs so that he paid a minimal amount of tax.
Foreign companies operate in Australia and make nice profits from Australians, but they pay no or little tax. Why should they if they have arranged their company to based in another country there is no tax is due here? Private enterprise is a charity to give money to the Australian government?
I am also sure some very profitable local companies pay no or little tax too.
This is nothing to do with media moguls or private enterprise. It is about our taxation system that allows very rich people and corporations to not pay tax. It can be fixed by government rules, but they won't do it. Yes, it is complex but I am sure they have some very smart people who could do it.
How about the details of this one, from The Age.
48 millionaires in Australia collectively earned 128 million dollars in 2014-15. They paid 20 million to accountants and lawyers who manage their affairs. On the 128 million they earned, they paid no tax whatsoever. That is, they pared their income down by legitimate deductions to zero. Nor did they pay the Medicare levy. The only money they paid was the Medicare surcharge on the rich, which is based on earnings, not income after deductions.
This is absolutely outrageous and meanwhile the government cuts welfare payments in many areas.