A23.4 – Headline Focus News

International News

A billionaire who bought Tasmania’s Woolnorth dairy for A$280 million in 2016 has won a tax reversal: a full court overturned the case that had left his companies facing A$23.4 million including penalties and interest

A Full Court in Tasmania has overturned a multi-million-dollar tax assessment against companies linked to billionaire businessman Xianfeng Lu. The decision cancels a disputed A$23.4 million stamp duty...

Admin

October 14, 2026

Browsing Tag: A23.4

A billionaire who bought Tasmania’s Woolnorth dairy for A$280 million in 2016 has won a tax reversal: a full court overturned the case that had left his companies facing A$23.4 million including penalties and interest