(Australia, attributive) A tax avoidance scheme from the 1970s.
The 'bottom of the harbour' scheme was so named because a company once stripped of its assets, was dumped and, like a body in a cement suit, sank never to be seen again.
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Aussie and Kiwi vocabulary — bogan, daggy, brekkie, sheila, bach, jandals — the whole Antipodean lexicon, including outback dialect, surf and beach culture, and Sydney/Melbourne street slang.
See all Australian & NZ slang slang on Slangora.
Browse all slang words starting with B.
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