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Monday, March 27, 2017

Finance

Hotel Macquarie: you can check out any time you like but you can never...

It is not hard to harbour a sneaking admiration for Macquarie Bank and its relentless ingenuity in finding new ways to make money. "People are our...

Banks in denial about cash scam

The inquiry into the banks, the Clayton's Royal Commission if you like, kicked off today with NAB boss Andrew Thorburn giving evidence. The committee would...

How Goldman Sachs and Australia’s biggest brewer SAB pay no tax

Nowhere is the impotence of politicians and regulators more costly than in their failure to stand up to multinational corporations dodging tax. The poachers are...

Splendid! Let’s lock an entire generation of Australians out of the property market

As the government dithers over money laundering policy, policy which would keep a lid on Chinese buyers whipping up a frenzy in city property...

Cash lurk: banks skim millions from customers, again

Australia's banks are a generous lot. They give hundreds of millions of dollars in gifts every year. Spurning traditional notions of philanthropy however, the...

Where’s Woolley? Star witness for the Crown is hard to find

So intrigued were we at what the judge described as the "implosion" of the expert witness for the Australian Securities & Investments Commission that...

Investigation: social welfare cheats targeted while corporate welfare elite runs amok

Story by Geordie Wilson and Michael West AS the storm over social welfare rumbles on with Centrelink and its breathtaking debt recovery bungle, it is...

Mars Barred: another US giant skewers small business

American food and confectionary giant, Mars, has made an art-form of stiffing its suppliers by trying to stitch them up with trade finance if...

House prices surge on China black money; authorities dither

It is little wonder house prices shot up again last year: plus 15 per cent in Sydney and close to that in Melbourne. Yes, interest...

ASIC’s OJ Simpson moment shows directors have little to fear

Just two days out from Christmas, our corporate regulator had its OJ Simpson moment, losing what seemed to be the unloseable court case, the...

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