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Harley Reid's management table ‘biggest deal in AFL history' to Eagles

Harley Reid's management table ‘biggest deal in AFL history' to Eagles

News.com.au6 days ago
Harley Reid could be set to put pen to paper on the 'biggest deal in AFL history' with the West Coast Eagles.
As Victorian clubs continue to circle the 20-year-old in the hopes of luring him back home, it now appears his future looks likely to remain in Perth.
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On Sunday it was revealed the young star's management had approached the Eagles to discuss potential contract extensions beyond 2026 when his rookie contract expires.
AFL Media reporter Cal Twomey detailed further information behind the offers tabled with one set to rewrite the record books.
'It's hitting crunch time in the contract decision of Harley Reid at the West Coast Eagles,' Twomey told Footy Classified.
'He's had contract offers in front of him since April that have come from the Eagles. But in recent weeks, his management have sent counter offers to the Eagles – and a part of that we can detail tonight include a mammoth offer that would be a two-year extension, plus an extension on top of that of another nine years. So an 11-year arrangement.
'This is groundbreaking, really, in terms of what it would mean for West Coast Eagles and Harley Reid as one of the options. We've seen this in recent times with the contract of Miles Bergman, who signed a two-year deal and then has an understanding with Port Adelaide that he can sign an extra seven years beyond that. So it's not unprecedented.
'But it would be the biggest deal in AFL history by some way and it would take him through to the end of 2037 – which is remarkable to think about – if he was to pursue that all the way through.
'This is enormous in terms of the $20 million-plus that would be on the table.'
The staggering potential contract quickly whipped around AFL circles with fans divided on the deal.
Lachy Steele wrote on X: 'Absolute insanity. Besides last weekend he hasn't shown he's worth anywhere near that.'
ESPN's Jasper Chellappah wrote: 'Think this is really fair from Harley's camp. Commits to the club short term, gives West Coast three years to improve and if they're still a rabble he goes home.'
Twomey stated the contract negotiations haven't moved a great deal, leaving the door open for Victorian teams to continue to try and poach him.
'The Eagles are still weighing this up and going through their own negotiation process – and clubs are continuing to hunt him in Victoria,' he said.
'I think Hawthorn are near-on obsessed with Harley Reid in getting him to the club. They want him badly, are willing to go to eight to 10 years at $1.7 million, $1.8 million to get him across the line.'
Veteran journalist Caroline Wilson noted that Reid's camp were not interested in joining a rebuilding club if he were to ultimately return home.
'The player and his family have made it clear they do not want to go to a struggling club,' Wilson told Agenda Setters.
'They've got no interest in St Kilda, they've got no interest in Melbourne. I'm not sure if they've got much interest in Essendon at the moment, but Essendon have no interest in that sort of money.
'They (the Bombers) think that Hawthorn is right in there – and Hawthorn say there have been no meaningful talks – others say that Richmond and Melbourne are having a crack.
'I think West Coast also said to the management 'we're not interested in that sort of money' … but what has happened in the last 24 hours is that I think West Coast have come back to the table – and we're talking significantly more than $1.5 million a year.'
Kane Cornes questioned if the absurd figures being thrown around would be the right way to go for the young star still trying to find his feet in the game.
'No criticism to him but are West Coast, with the issues they've had with the behaviour of their biggest stars over the journey — is that setting him up in the best possible way to be the best player he can be?' Cornes asked.
'This is what he's going to get every week.
'He gets 20 in the first half (against Richmond), he's on track for career-best numbers and they go 'OK we've had enough of this, we're just going to put a tagger on him'.
'If you play West Coast you are stupid if you don't tag Harley Reid, which is so unfair for him in his second year to cop that.
'It is going to get very, very boring for him playing in that side when he cops that treatment and loses every week.'
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Cheaper medicines and HECS top parliamentary agenda as tax debate ramps up
Cheaper medicines and HECS top parliamentary agenda as tax debate ramps up

ABC News

time24 minutes ago

  • ABC News

Cheaper medicines and HECS top parliamentary agenda as tax debate ramps up

The Albanese government will try to keep attention on its election promises as the new federal parliament returns for its second week, but will face further scrutiny about what new policies it plans to unveil at next month's economic roundtable. Labor will introduce legislation to cut the price of PBS medicines to $25 and will also seek to pass the HECS loan cuts introduced last week in what Anthony Albanese said was a deliberate prioritisation of cost-of-living measures. "What we've done very clearly in the first fortnight is concentrate on measures that make a difference to people's money in their pocket. We make no apology for that … That was the basis on which we were elected," he told the ABC's Insiders on Sunday. The $25-per-script price would start in the new year and reduce annual user costs by an estimated $200 million. The $7.70 script price for pension and concession card holders, frozen until 2030, would be unchanged. The policy was matched by the Coalition during the election campaign, so it is unlikely to be controversial, with the opposition also signalling it will likely support the HECS cuts. But there is no timeline for Labor to re-introduce its stalled proposal to double the earnings tax on superannuation balances for those with balances over $3 million, controversial because it would include the "unrealised" earnings of assets. Mr Albanese on Sunday dismissed the Treasury's advice that taxes would need to be raised to fix the budget, reported by the ABC earlier this month, and including an option identified by the department to "build on" the super tax. "Treasury, of course, will put forward advice to government from time to time. That's not government policy … Our starting point is the positions that we took to the election." But the government will face fresh questions this week about its plans to go beyond its election platform in the August roundtable led by Treasurer Jim Chalmers, who has already declared openness to tax changes as part of a reform package. Unions, business groups, and economists are already jostling to propose ideas for the three-day discussion forum to be held in late August before the next parliamentary sitting, where Mr Chalmers and Mr Albanese say they are open to any ideas. The Business Council (BCA) has this week revealed one of its main proposals, to increase the generosity of the tax credit for research and development spending, with the greatest concessions for Australian research commercialised in Australia. In a joint report with Australian companies Atlassian and Cochlear, who are among the biggest users of the tax credit with a combined $316 million spend in the most recent year of data, the BCA has called for an 18.5 per cent flat-rate incentive. 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How easy is it to trick the Australian Taxation Office?
How easy is it to trick the Australian Taxation Office?

ABC News

time3 hours ago

  • ABC News

How easy is it to trick the Australian Taxation Office?

Sam Hawley: How easy is it to trick the Australian Tax Office? Well, for fraudsters it's not hard at all and plenty have done it costing taxpayers billions of dollars that have never been recovered. Today, Angus Grigg on his Four Corners investigation into the biggest GST scam in history and how the ATO dropped the ball. I'm Sam Hawley on Gadigal land in Sydney. This is ABC News Daily. Sam Hawley: Angus, you've been hard at work looking into what's going on at the Australian Tax Office. And you've really been having a deep look into this huge GST scam. Now, this unfolded in no other than Mildura in north-west Victoria. So, take me there and tell me about local resident Sarah. Angus Grigg: Yeah. Mildura is a really beautiful town, an irrigation town on the Murray in North West Victoria. And this GST scam really took off in Mildura. And it really was circulating within a sort of population that you might say is low socioeconomic groups, people on welfare, people with addiction issues. And we went to interview one person called Sarah. She was going through quite a bit of financial hardship at the time. I think she'd separated from her partner who was facing pretty serious charges at the time as well. And she was short of money because she needed to have some dental work done. So one of her friends showed her how to use a business that had been registered and an ABN linked to GST to claim GST refunds fraudulently. 'Sarah': The people that I was associating with at that time, they had done it and told me how easy it was to get a large amount of money quickly. And I just thought at the time it was a good idea because I was in a bit of financial trouble. Angus Grigg: She pretended, if you like, to be a hairdresser, despite the fact that she had no hairdressing qualifications. She'd never worked in a hairdresser, hadn't hired premises, had no equipment. And so she logged into her myGov account and first of all, claimed $15,000 and then did it a second time and got another $15,000. 'Sarah': I don't even really still understand how it went through. I was a single parent and then all of a sudden I'm a hairdresser that's getting this return put into my account with no other payments from clients or anything like that to balance it was needed. Like no proof. Angus Grigg: Now, bear in mind, the money went into the same account as her welfare payments and the money went within about 10 days without any verification, without any checks, without anyone from the tax office ringing and saying, what did you spend this money on? Do you have hairdressing qualifications? Have you hired premises? You know, she just absolutely couldn't believe how easy it was. 'Sarah': Yeah, I just couldn't believe it that it was just sitting there on my everyday access debit bank card. Angus Grigg: Now, the other thing to bear in mind, to receive a GST refund of $30,000, she would have needed to have capital expenditure or bought stock and other items for her hairdressing business of about $300,000. Now, surely a single mother living on welfare, getting family tax benefits, that should have been a red flag for the tax office. Sam Hawley: Wow. Okay. So Sarah, which is not her real name, just by the way, you've changed that for this story to keep her anonymous. She just tells the ATO she's a hairdresser and then the tax office falls for it. That's extraordinary. Angus Grigg: It is. And the fact that you don't need a receipt, you don't need any proof of the line of work you're in is extraordinary. And that's because the tax office basically fired most of the humans in the loop and started relying on algorithms or computers, if you like, to make these payments. They wanted to ensure the timely payment of GST refunds to businesses. But in doing that, they really opened the door up to fraud. Sam Hawley: Right. Sure. So the tax office wants to streamline things. But in the meantime, people like Sarah are all of a sudden dabbling in fraud. And as we've mentioned, she's not the only one. There's a lot of other people doing a very similar thing. Tell me about Linden Phillips. What was he up to? Angus Grigg: Linden Phillips, once again from Mildura, for us, he was like patient zero. It looks like he was the really one of the very, very early people in this scam. So what happens is that Linden Phillips gets out of jail in August 2021. And he already has a company registered. And so he reactivates his GST registration through his ABN and his MyGov account. And then within a couple of weeks of getting out of jail, he does what I'd sort of call a test run. And he claims $13,000 in GST refunds from the tax office. Once again, no documents, no receipts, no verification required. He gets that money within a couple of weeks and clearly then thinks, OK, I'm going to go for the big one. And so what he does is he lodges 46 backdated GST claims for an amount of $821,000 in GST. And the real kicker here is that for most of the period those GST claims are lodged, he's actually in jail. Sam Hawley: Oh my gosh. Angus Grigg: I know. He just couldn't make it up. Sam Hawley: What does he do with all that money? Angus Grigg: Well, of course, he spends it, right? Within a couple of weeks, the money's completely gone. He buys himself a second-hand Porsche. Somewhat endearingly, he buys his mother a house. But the really damning thing here is that the tax office notice it. Finally, someone, there's a human in the loop and they pick up the fact that, hey, maybe something's a bit wrong here. And so they ring him up and he says, oh yeah, no, it's all legitimate. I'll get my accountant to call you. The accountant never calls. They send him some emails. They write him some letters. He ignores them all. And the really damning thing here is the tax office does nothing for four months. And in that four month period, this scam absolutely explodes. So what we did is we went back and we deconstructed, if you like, the tax office's narrative. And the narrative was that this fraud took off on social media. The tax office noticed it. They cracked down really hard, really quickly, and they brought it under control. Now we sort about testing that idea. Sam Hawley: So the ATO says it did this great job. It cracked down on this fraud. But what actually happened? Because you actually had a look at that and discovered, in fact, the ATO didn't do much at all. Angus Grigg: No, exactly. So Linden Phillips does finally get caught, but it has absolutely nothing to do with the ATO. It all comes down to the smarts of a local detective in Mildura named Vanessa Power. Now, she is attending Phillips's house on a drugs and gun charge, and she searches his premises, his house, and she confiscates a phone. And using the sort of smarts that the ATO should be employing, she sees that on his phone there appears to be a pretty elaborate GST scam. And in fact, it looks as though that Linden Phillips had helped 60 other people perpetrate this scam. Linden Phillips is arrested. And then a few weeks later, the ATO finally launch what they call Operation Protego, which is to crack down on this GST scam. Sam Hawley: Wow. Okay. And at that point, of course, Sarah, who we spoke about earlier, she was also arrested back in December 2022. But the thing is, the money, it's sort of gone, right? 'Sarah': I can't pay it back. It's not even an option at the moment. Or it probably never will be. Sam Hawley: Is there any way the tax office can actually get these funds back? Angus Grigg: Well, this is the point, right? In the end, $2 billion was stolen from the tax system by 56,000 people. Now, the ATO tell us that of those 56,000 people who perpetrated this scam, just 120, I think it might be 122 now, have been convicted. Secondly, of the $2 billion stolen, the ATO tells us that only 160 million, or around 8% of that, has been recovered. Sam Hawley: And, Angus, that money, it really is just a drop in the ocean, right? Because you've also looked at all the other funds that the ATO hasn't managed to collect, and you've spoken to Karen Payne. Now, she's a former Inspector General of Taxation. She basically says if the ATO had collected what it was owed, then we would all be paying less tax. Angus Grigg: Yeah. Karen Payne, she really focused on what's called collectible debt. And that is this sort of giant number that the ATO doesn't like to talk about. And when she started looking at it, it was about $30 billion. Then it rose to about $50 billion. The figure is now $53 billion. And that is the amount of money or taxes that the ATO has levied, if you like, but not collected. Karen Payne, Inspector General of Taxation, 2019-24: The large percentage of the debts that were due were in fact owned by a very small number of taxpayers or they're related to a small number of taxpayer accounts. So you'd kind of think it's a small number of people you need to be chasing. Angus Grigg: And the point that Karen Payne was making is that if we collected all that tax, perhaps we would not have to pay as much tax, all of us, but also we'd have more money to spend on really basic things like schools, roads and hospitals. Karen Payne, Inspector General of Taxation, 2019-24: The fact that it keeps rising is troubling. So it's fundamental, I think, that we've got good administration of the tax system because the integrity of the tax system is fundamentally important to all of us. It pays for all of the services that we benefit from. Sam Hawley: Angus, despite everything that you have said, which is frankly really concerning, the ATO itself thinks it's doing a pretty good job, right? Because Chris Jordan, who was the tax commissioner up until 2024, he's been putting a rather positive spin on the ATO's work. Angus Grigg: Yeah. This is the really extraordinary thing. Despite all these scandals, the ATO tells us they are doing a great job. Just before Chris Jordan stepped down as tax commissioner, he did a victory lap, if you like, at the National Press Club, and he pointed out all the great, terrific things that the ATO has done. Chris Jordan, Tax Commissioner, 2013-24: We've successfully charted a massive program of transformation. We've cut red tape and we've modernised our administration of the tax system as part of the digital revolution to make tax just happen.

Melbourne Vixens stun NSW Swifts in preliminary final comeback, grand final vs West Coast Fever
Melbourne Vixens stun NSW Swifts in preliminary final comeback, grand final vs West Coast Fever

Daily Telegraph

time5 hours ago

  • Daily Telegraph

Melbourne Vixens stun NSW Swifts in preliminary final comeback, grand final vs West Coast Fever

Don't miss out on the headlines from Netball. Followed categories will be added to My News. Melbourne Vixens are riding high after a last ditch effort to beat the NSW Swifts by 66 to 65 points, to book their place in the 2025 Super Netball grand final. They came from behind in the dying seconds of the game, having trailed 51-41 after the third quarter, and will go into next week's match full of confidence having won eight of their last ten games. Watch every game of the 2025 Suncorp Super Netball season, LIVE on Kayo. New to Kayo? Join now and get your first month for just $1. Standing in their way however, will be the formidable West Coast Fever, who demolished the Swifts by 32 points in last weekend's major semi-final. Speaking post match captain and MVP Kate Moloney said, 'I'm exhausted but I'm so bloody proud. We were down by ten goals and we found something in that last quarter and they just never stopped fighting.' Coaching her second last match with the Vixens, Simone McKinnis, added, 'We weren't going to walk away from here afraid to take risks. They saw a glimpse and a hope and away they went.' It was the greatest preliminary final comeback in Super Netball history, beating the nine-goal market the Vixens set in 2022 against the Giants. It was a dismal end to the season for Swifts, despite the return of inspirational captain Paige Hadley who has missed the last two rounds with a foot injury. While she provided a calm head and safe pair of hands, the Swifts have been bundled out of the finals in straight sets, after looking untouchable as they went undefeated through the first eight rounds. Melbourne Vixens players celebrate. (Photo by) Simone McKinnis inspired her players. (Photo by) There was immense pressure from the opening whistle, causing fumbles, stray passes and uncharacteristic missed shots. The Swifts were first to take advantage of those errors, going long and high to Grace Nweke in the circle. Despite her athleticism, some balls were sprayed over her head or swatted away by goal keeper Rudi Ellis who finished with six gains, allowing the Vixens to shift gears and take a three point lead into the first break. The Swifts hit the front in the second quarter as their confidence grew, with Helen Housby raising the bar after a quiet few weeks. Passes started going in more smoothly to the circle, with Nweke lifting her shooting from a subpar 77 percent in the first quarter to a total of 53/58 at 91 percent across the match. With the Swifts' Sharni Lambden applying enormous pressure at wing defence, Vixens' skipper Moloney did everything she could to pull her side over the line. She had a strong connection with Sophie Garbin under the post, who picked up the slack while the hero of so many victories, Kiera Austin, struggled for influence early on. The Swifts couldn't believe it. (Photo by Mark) The Vixens seemed down and out of the contest with the deficit sitting at 11 points and their penalties twice their opponents, until Lily Graham sank consecutive supershots to bring the margin back to single digits. In an inspirational last quarter Austin finally switched on her radar when it counted, firing in three long range shots to finish with 12/16 including four from five supershots, while her partner Garbin had a solid 46/47. The Vixens found another gear and rolled over the Swifts in highly emotional scenes. MCKINNIS MAGIC Simone McKinnis will make her final appearance as Vixens' coach in next weekend's grand final, after 212 games in charge of the club. Across 13 years, she's taken them to two titles, three minor premierships and a further three grand final appearances, and will leave massive shoes to fill. It looked like it was going to be McKinnis' final game in charge at the end of the third quarter but an inspiration and emotional final address helped inspire the Vixens to life. 'We have nothing to lose here! Except for throwing our best selves as this contest,' McKinnis said. PAIN FOLLOWS A POINT Remarkably, the previous three Super Netball preliminary finals have been decided by a solitary point, with the Vixens taking out two of those wins, and the Swifts the other. Despite moving on into the grand final, neither side was then able to steal the ultimate victory. Originally published as Super Netball stunner as emotional speech sparks all-time Vixens comeback

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