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Australian companies paid an effective average tax rate of 28.5 per cent on their income last year, according to the OECD’s annual update of global company tax statistics, released on Thursday. Advertisement LATEST IN ECONOMY * Interest rates SOFT WAGES, GROWTH REVIVE CHANCES OF FIRST RBA RATE CUT IN FEBRUARY * Dec 24, 2024 * Michael Read * Interest rates IMF CALLS FOR HOME LENDING CRACKDOWN WHEN RATE CUTS ARRIVE * Dec 24, 2024 * Michael Read * Interest rates ‘SIGNIFICANT RISK’ AUSTRALIAN INFLATION MIGHT STOP FALLING: IMF * Dec 24, 2024 * Michael Read * Chanticleer podcast CHOOK AWARDS FOR 2024 AND STOCK PICKS FOR 2025 * Dec 20, 2024 * Letters to the Editor SUPER FUND BOARDS NEED SEPARATION OF POWERS * Dec 19, 2024 MOST VIEWED IN POLICY 1. ‘SIGNIFICANT RISK’ AUSTRALIAN INFLATION MIGHT STOP FALLING: IMF 2. SOFT WAGES, GROWTH REVIVE CHANCES OF FIRST RBA RATE CUT IN FEBRUARY 3. IMF CALLS FOR HOME LENDING CRACKDOWN WHEN RATE CUTS ARRIVE 4. 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