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Is Netflix dodging tax in Australia?

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In Australia, Netflix is under fire for paying around half a million dollars in tax despite estimates it brought in more than $1 billion dollars in revenue last year.

It’s an insight into how the company operates and profited from the stay-at-home measures put in place due to the pandemic.

The US-based streaming giant is slowly increasing the amount of income tax it pays locally, coughing up around $550,000 for 2020.

However, the company continues to use a corporate structure allowing a Netherlands-based subsidiary to recognise its Australian revenue.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Global stocks wobble as Davos kicks off and Trump reshapes geopolitics

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

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Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.


Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.

The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.

Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.

Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.

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#GlobalMarkets #Davos #WorldEconomicForum #Trump #Greenland #Stocks #Geopolitics #Ticker


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Zelenskyy reveals planned UAE talks with Russia and the United States

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

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Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.


Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.

He also criticised European leaders at the World Economic Forum, calling for stronger political will.


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Albanese apologises to Jewish community at Bondi attack memorial

Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.

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Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.


Anthony Albanese has apologised to the Jewish community, saying Australia failed to keep people safe after the Bondi terror attack.

Speaking at a memorial in Sydney, he pledged to confront antisemitism and stand with families and first responders in grief and unity.


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