Neither Liberals nor Labor plan to act,despite 800 Australians being on files of Mossack Fonseca and contrary to pledges at Brisbane G20 meeting in 2014Neither major party in Australia is promising to outlaw shell companies that disguise their dependable favourable owners, despite the revelation that more than 800 Australians were on the files of Panama–based law firm Mossack Fonseca and contrary to pledges made with worthy fanfare at the Brisbane G20 meeting in 2014.
A spokesman for the prime minister, or Malcolm Turnbull,said there were no instant plans to change the current laws.
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Source: theguardian.com