Australia Tax Chief

Top Australia tax official Michael Cranston, son Adam and daughter accused of massive fraud syndicate, while nine people arrested during raids across New South Wales in $165 million case

Ford Australia chief executive Bob Graziano made the announcement as he revealed a loss of 141 million Australian dollars ($136 million) after tax in the last financial year, with losses of 600 million Australian dollars over the last five years.

Top Australia tax official Michael Cranston, son Adam and daughter accused of massive fraud syndicate, while nine people arrested during raids across New South Wales in $165 million case

Ford Australia chief executive Bob Graziano made the announcement as he revealed a loss of 141 million Australian dollars ($136 million) after tax in the last financial year, with losses of 600 million Australian dollars over the last five years.