Good morning, Mining billionaire Chris Ellison has admitted he was a tax cheat who failed to make proper disclosures around a series of companies registered in the British Virgin Islands, and has apologised for what he calls “a serious lapse in judgment”. Western Australia’s workplace safety watchdog has issued Andrew and Nicola’s Forrest $8bn philanthropic foundation with an improvement notice in the fallout from an incident where one of its employees needed to take extended time off work. Former PwC Australia chief executive Tom Seymour says the firm identified “partnership” structures being touted by former tax practice “rover” Neil Fuller as high risk in a 2016 review, after the firm sold the strategy to a number of clients.
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