“It will require a politician the likes of a Keating or a Kennett, somebody with the will to bulldoze vested interests, to override the power of Transurban now that Transurban is entrenched.” Ian Bell.
Heads you win, tails we lose. Is this a guiding principle in the privatisation of Australia’s biggest infrastructure project, WestConnex? As laid out in our “Blind Faith” investigation, the government of NSW has tilted the playing field in favour of WestConnex bidders thanks to a scheme to artificially make the tollroads longer, and by jacking up both the number of roads tolled and the tolls themselves.
“A serious tax cheat” is how his biographer David Cay Johnston describes Donald Trump. Johnston reports on the New York Times investigation into the finances of the US president, revealing Trump has previously lost two income tax fraud trials.
Comparing the GDP numbers of New Zealand and Australia to try to make a point is a superficial comparison, writes Alan Austin. Treasurer Josh Frydenberg should also include employment and debt levels, exports and health outcomes, for starters.
Hefty cuts to JobSeeker and JobKeeper mean that Australia now faces a potentially more deadly epidemic than Covid-19. But it is largely avoidable, writes Michael Tanner.
Hard on the heels of its Westpac sting, Austrac is close to prosecuting Paypal for offences under the Anti-Money Laundering and Counter-Terrorism Financing laws. Michael West reports.
The Joint Strike Fighter has been plagued by problems since it was just a sketch on paper, when in 2002 John Howard jumped the gun and committed to buying them. But the F-35 still has its champions in Australia with some wanting to buy 200 to get ready for a war with China.