Massive leak of secret documents shared with Guardian and other news organisations shows how world’s biggest businesses and leading politicians have sheltered their wealth in tax havens

• Paradise Papers leak reveals secrets of the world elite’s hidden wealth

• Explainer: what are the Paradise Papers and what do they tell us?

• Australian tax office poised to investigate schemes revealed by Paradise Papers

In Australia the resources minister, Matthew Canavan, has been quizzed about revelations that Glencore, a Swiss-based mining giant, used cross-currency swaps of up to $25bn of a type under specific investigation by the Australian tax office.

Canavan wouldn’t comment on the detail of Glencore’s affairs.

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The political reaction is coming thick and fast in the UK.

Labour leader Jeremy Corbyn said the Paradise Papers are further evidence that there’s “one rule for the super-rich and another for the rest of us”.

#ParadisePapers again prove what I said at #PMQs: There’s one rule for the super-rich and another for the rest when it comes to paying tax. pic.twitter.com/QaNbCaeb21

The @premierleague has very strict club ownership rules. I’m sure they’ll investigate whether their rules have been breached with this #ParadisePapers leak. I’ll be writing to them tomorrow. https://t.co/UzHx0FMlm1

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