The sporting codes earning millions from gambling, but paying no tax

Wednesday Headlines: Australia’s requests to be exempt from US tariffs has been rejected as ‘Trumpcession’ fears continue, Ukraine says its ready to accept a US-proposed immediate ceasefire, the Queensland Premier has declared the worst of ex-Tropical Cyclone Alfred is over, and a boulder sitting at QLD school for 20 years found to have over 60 dinosaur prints. Deep Dive: The AFL, NRL, and Cricket Australia generate billions in revenue—but they don’t pay income tax. The reason? They’re classified not-for-profits and thus exempt. But with CEOs earning millions, massive betting deals, and revenue from pokies and broadcast rights, does this tax exemption pass the pub test? Critics argue it’s time to rethink the model, especially when it comes to our two football codes. So, should Australia’s biggest sporting codes be taxed like other businesses? In this episode of The Briefing, Chris Spyrou chats with CQU’s sports law expert Dr Matt Nichol to break it down.Further listening from the headlines: What a 'Trumpcession' could mean for Australia is out now on Apple, Spotify or wherever you get your podcasts. Follow The Briefing: TikTok: @listnrnewsroom Instagram: @listnrnewsroom @thebriefingpodcast YouTube: @LiSTNRnewsroom Facebook: @LiSTNR NewsroomSee omnystudio.com/listener for privacy information.