Big biz boosts Australia; Netflix avoids local taxes; consumer, building sectors struggle

Wednesday 7 May 2025

Big company bosses push Australia’s strong position in the global economy, highlighting big opportunities for the country. 

And more, including:

• Netflix’s revenue in Australia surges, but the tax it pays remains miniscule.
• More bad economic news from the consumer sector. 
• 7,000 builders and subcontractors go under in three years.
• Donald Trump wants to re-open Alcatraz as a prison.

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