Australia news live: Dan Tehan says Liberals want to revive nuclear policy; a third of big companies paid no tax

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Good morning, and happy Thursday. Nick Visser here to take over the blog for the morning. Let’s get to it.

Nearly three in 10 large companies paid no tax in the financial year before last, according to the Australian Taxation Office’s latest corporate tax transparency report.

I don’t think that’s something you can answer in absolute terms, there is no right number.

What we can do is assure you that we have dedicated programs of work looking at these taxpayers, and we have high levels of confidence that most large businesses pay the right amount of tax.