Finance

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WestConnex: Labor’s triumph of politics over policy

Towering behind them was The Grand Organ, the world's largest organ. As they rose to address the Labor Party faithful that day at Sydney Town Hall, Bill Shorten and NSW Labor leader Luke Foley may not have known it but beneath them lay ten thousand bones.

Tax

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Lend Lease: double dipping and Dutch tripping

What Lendlease has been doing is buying villages, claiming a bonanza of deductions by changing the contracts from lease to loan arrangements, booking the benefit of those deductions to its bottom line, and ignoring the tax law that says you can’t double dip.

Energy

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Gas: importing exports will lead to more profiteering

Australia is destined to become the world's biggest exporter of gas, writes analyst Bruce Robertson. Importing gas to solve the challenge of rampaging gas prices is ludicrous and only paves the way for the gas cartel to further profiteer at the expense of consumers. The answer is clear; a "domestic reservation policy" which earmarks Australian gas for Australia consumers. What is lacking is political will.

Government

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Business

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Markets

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Recent Stories

Crushing dissent

what they had not anticipated was that Robertson would go public and that his “allegations” – rather than being unfounded and defamatory, reckless, disparaging, dishonest, misleading, extremely false and denigrating – were true.

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Glencore, media battles and the pitfalls of fighting a multinational

There was one simple goal: to find out how much income tax was paid by Glencore, Australia’s biggest coal miner. Our quest had more spills than a Blues Brothers movie. We were met with the threat of a lawsuit, newspaper editors caving in with grovelling apologies, weeks of company searches costing hundreds of dollars, a hostile PR offensive run in rival media and the mining lobby and were still none the wiser.

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