Coalition may bite Apple

Malcolm Turnbull hinted that the law will be changed so multinationals would pay more tax in Australia. He said, “We’ll change the law at some point,” during a live video Hangout discussion with Fairfax Media.

The article specifically mentions Google and Apple as examples of multinationals that Malcolm Turnbull referred to when discussing potential changes to Australian tax laws.

No. Turnbull’s comment — “We’ll change the law at some point” — did not include a specific timeline or dates for any proposed changes to Australian tax law.

Turnbull made the comments during a live video Hangout discussion with Fairfax Media, which was hosted by Google.

No. The article only reports Turnbull’s hint about changing the law; it does not provide analysis or details on how any tax changes would affect Google or Apple share prices or investor returns.

They are presented as a hint. The article reports Turnbull’s statement that the law will be changed “at some point,” but it does not confirm any specific policy, legislation, or final decision.

From the article, everyday investors should note that Australian politicians are discussing potential changes to how multinationals are taxed, with Google and Apple mentioned. The article does not give details or a timetable, so investors may want to watch for official proposals or further announcements before drawing conclusions.

No. The article does not include specifics on the nature of any tax law changes; it only conveys Turnbull’s intention to change the law at some point so multinationals would pay more tax in Australia.