Brisbane MP says tax figures show 'AirTrain's foreign owners are ripping us all off'
Summarized and contextualized by DistantNews.
At a glance
- A Brisbane MP claims the foreign owners of the Brisbane AirTrain service are profiting excessively.
- Financial reports indicate the company controlling the AirTrain paid no income tax between 2015 and 2025.
- The MP uses these tax figures to argue that the owners are exploiting the service.
A Member of Parliament in Brisbane has accused the foreign owners of the city's AirTrain service of exploiting the public. The accusation stems from financial reports showing the company controlling the AirTrain paid zero income tax over a decade, from the 2015 to the 2025 financial years.
The MP highlighted these figures, suggesting they demonstrate a pattern of foreign ownership that benefits from Australian infrastructure without contributing to the tax base. The claim implies that the profits generated by the AirTrain are being extracted by its owners without adequate reinvestment or taxation within the country.
This situation raises questions about the financial arrangements of privatized public services and the extent to which foreign-owned companies contribute to the local economy through taxation. The MP's statement frames the issue as a direct financial loss for the community, arguing that the owners are "ripping us all off."
AirTrain's foreign owners are ripping us all off
Originally published by ABC Australia. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.