Teachers and nurses fund Aware Super now exposed to Lendlease retirement village rorts as Tax Office dawdles

Steve McCann made his final presentation of a set of Lendlease accounts this month.  These are the 16th consecutive set of accounts published by Lendlease which are materially incorrect and when the Tax Office gets around to finalising its tax ruling on ‘double dipping’, its sleepy auditors from KPMG may have to restate the lot.

On McCann’s watch, Lendlease executed the tax heist of the decade, double-claiming $1 billion in deductions and robbing $300 million from the Australian public. Having been exposed, Lendlease and its tax-evading advisers at PwC have tried to derail the finalisation of the Tax Office’s draft determination on the matter.

Their cover-up has even been endorsed by the Law Council of Australia which bobbed…