Former Reserve Bank governor Glenn Stevens jumped from being the nation's chief financial regulator to Packer’s hedge fund and then Australia's biggest investment bank Macquarie...
University of Wollongong ‘six weeks away’ from disaster unless staff accept large pay cuts, job losses
University of Wollongong scademics are arguing they shouldn’t have to bear the brunt of poor decisions by executives whose pay has risen by 50% in 10 years.
Multinational corporations have captured the national polity and continue to push last-century energy solutions on Australia, in defiance of sound policy and due process. The US fracking industry has collapsed. Yet the Covid Commission forges ahead with coal seam gas plans for Santos at Narrabri. Callum Foote reports.
Anna Bligh's position as the CEO of the Australian Banking Association makes her the chief advocate for banking interests in Australia.Current Positions Australian Banking Association,...
Hockey has accepted a position with Macquarie Group's US arm helping with renewable energy acquisitions. Hockey had considerable interactions with Macquarie Group directors and...
Mike Baird is the quintessential bank-cum-politician, having left a successful career with NAB and Deutsche Bank after becoming the member for Manly in 2007. Following his retirement...
Australia’s banking sector is a haven for government ministers, prime ministers, state premiers and a slew of top bureaucrats. Our Revolving Doors investigation into this most mollycoddled of industries begins today. We expose, not those who have “taken the money and run”, but those who have run for the money.
The blow-out in Government spending on Defence continues unchecked and unabated despite the coronavirus. The bulk of it goes to multinationals who pay little or no tax in this country. Is nobody watching? Callum Foote looks at the latest analysis of AusTender data by Greg Bean.
Like many of the entries in this series, housing inequality in Australia is both an intergenerational as well as an inter-class issue. Those priced out of the housing market, predominantly the young and poor, have missed a once in a lifetime wealth boom and are now forced into either long-term rentership or the outskirts of cities as Callum Foote reports.
With the release of his book, Oil Under Troubled Water, to coincide with Witness K’s closed court plea hearing this month, ACT lawyer, Bernard Collaery, has raised the stakes on who the real wrong-doers are in this unedifying story of how the Howard Government defied international law to spy on it’s cash-strapped neighbour to profit from oil in the Timor Sea. Callum Foote reports.
Developers limit construction in all sorts of ways to maximise profits – from building in stages to reducing the number of properties for sale to letting planning approvals lapse and then reapplying at a higher density. We need to stop buying into the myth that red tape causes high house prices.
‘Sham inquiry’: calls grow for proper investigation into scandal-ridden NSW workers’ insurance scheme icare
The publicly owned workers compensation scheme paid for a right-wing US political operative to work in Treasurer Dominic Perrottet’s office. Instead of ordering a judicial inquiry into the scandal, Premier Gladys Berejiklian continues to stand by her man, writes Wendy Bacon.
The numerous inquiries, reviews and consultations over the years have provided mounds of evidence of negligence, neglect and abuse in residential aged care homes. Yet the recommendations have mostly been ignored. Now we watch in horror as the number of elderly residents who have died from Covid-19 continues to climb. The government is going to have to explain how this predictable tragedy occurred on its watch.
Robodebt: changes to Criminal Code pave way for action against lawyers who vigorously defend clients
The Commonwealth has been extremely cruel to Centrelink recipients but there’s no suggestion that those who designed and implemented Robodebt will face any punishment. Yet lawyers who unwittingly cause distress to public officials when defending clients could face criminal charges.
Barnaby Joyce charged taxpayers more than $5300 for attending three NRL games but said the trips were a legitimate part of the job. He also charged taxpayers $741 for a family member to join him at the NRL grand final.