Google is among 30 multinationals to be investigated for alleged tax avoidance. Its Australian subsidiary has denied any evasion.

The Australian government announced a world-leading crackdown on Monday on alleged tax avoidance by 30 multinational companies that will likely force (...)

 Under Tony Abbott’s leadership, Australia has been reluctant to engage in global climate change politics, unsuccessfully attempting to keep the issue off the agenda of the Group of 20 Leaders’ Summit in Brisbane last year. Photograph: Tristan Fewings/Getty Images

Australian Prime Minister Tony Abbott’s chief business adviser has accused the United Nations of using debunked climate change science to lead a new w(...)

Australian prime minister Tony Abbott and Russian president Vladimir Putin cuddle koalas before the start of the first G20 meeting in November 2014. Photograph: Andrew Taylor/G20 Australia/Getty Images

The personal details of world leaders such as US president Barack Obama and British prime minister David Cameron, including passport numbers and visa (...)

Pierre Moscovici, European Commissioner for Economic and Financial Affairs: ‘Before the summer, we will present a second package of measures on tax competition in the EU single market, including new ideas to revitalise the discussion on a common corporate tax base in Europe, which would cut compliance costs for companies and encourage cross-border investment.’ Photograph: EMMANUEL DUNAND/AFP/Getty Images

Even when times are good, people are outraged when powerful, highly profitable corporations slash their tax bills by aggressively exploiting loopholes(...)

Banks such as Barclays received heavy fines after it emerged that the Libor had been rigged. Photograph: Bloomberberg

The Bank of England said on Wednesday it aims to introduce next year an alternative to the discredited Libor interest rate at the centre of a rigging (...)

“There are at least three ways in which small countries offer a valuable perspective on what is to come.” Photograph: Getty Images

Some will argue that Ireland’s recent aloof attitude to Greece has been misplaced in that it squanders an opportunity for a stronger, collective push (...)

Mark Carney, governor of the Bank of England, at the World Economic Forum (WEF) in Davos, Switzerland last month. Photographer: Jason Alden/Bloomberg

Bank of England governor Mark Carney said on Monday he was worried about financial reform fatigue globally, ahead of a meeting of G20 finance minister(...)

European Commission president Jean-Claude Juncker: he made it very clear in July he is dedicated to step up efforts to combat tax evasion and tax fraud. Photograph:  Reuters/Christian Hartmann

Last year was the year the world discovered there is no whiskey in a double Irish and no cheese in a Dutch sandwich. Discussions about fair taxation a(...)

The headquarters of the ECB in Frankfurt. Ireland has a potential to be the fastest growing euro zone country in 2015, Mr Coeuré

Edited transcript of interview with Benoît Cœuré, member of the executive board of the ECB, conducted by Arthur Beesley on January 12th, published on (...)

Australia’s prime minister Tony Abbott, who says his government has had ‘a year of achievement’ and that repealing the carbon tax is his greatest achievement for women. Photograph: Lukas Coch/EPA

Sometimes a phrase just sticks with a government. Historians will have two great contenders when looking to sum up how last year went for Australia(...)