Chamber of Commerce reject profit-shifting crackdown

BUSINESS groups have rejected a Labor plan to raise $1.9 billion by shutting down loopholes allowing multinationals to send profits offshore.

Opposition leader Bill Shorten announced the policy on Monday, as part of a promised crackdown on profit-shifting, if Labor wins office at the next federal election.

Australian Chamber of Commerce and Industry chief executive Kate Carnell said it could have "unintended consequences" for investment and potentially lead to less job opportunities, and now was "not the time for unilateral action".

Former local SES hero killed in Brisbane house inferno

Former local SES hero killed in Brisbane house inferno

Former local perishes in home inferno.

Street party has audience

Street party has audience

Prossie duo continues to cycle until cancer is cured.

Clowning around at the CommBank

Clowning around at the CommBank

Laughter, the best medicine.

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