Forged from a hobby farm in Picton NSW, the Twynam agribusiness empire grew to become one of the biggest landholders in Australia. The group is still held by its founders, the billionaire Kahlbetzer family, who own four Dark Companies on the Secret Rich List.
Deep inside the Murdoch family’s global media empire were three Dark Companies exempt from lodging financial accounts in Australia. That was until the $90bn sale to Walt Disney Company in 2019. This is a classic case of Dark Companies being traded.
Prime Minister Scott Morrison chose an interesting day this week to deliver his address on the future of the nation; it was Monday, the one day in the year when the Australian Electoral Commission (AEC) releases its annual data dump of political donations.
Media mogul and Bermuda resident Bruce Gordon has ties to the Murdochs, Packers, major Hollywood studios as well as a disgraced former Italian president. He controls six Dark Companies within his regional television empire WIN Corporation which are exempt from lodging financial accounts with ASIC.
Perhaps the Secret Rich List’s largest political donors behind Anthony Pratt, the Honan family own one of Australia’s most lucrative agribusinesses, Manildra Group. They control three Dark Companies which are exempt from lodging financial accounts with ASIC.
Prolific property developer and political donor Harry Triguboff owns the Meriton Group which contains one Dark Company exempt from lodging financial accounts with ASIC.
The Baiada family owns one of the largest poultry empires in Australia, supplying to retailers and fast-food conglomerates including Coles, Woolworths, KFC, Subway and McDonald’s. The Group, with 9 controlling entities on the Secret Rich List, processes and supplies its chicken products under the Steggles and Lilydale brands.
Ervin and Charlotte Vidor are pioneers in the Australian hotel and property development industries. Through their Toga Group empire, which includes two Dark Companies, the pair control over 10,000 hotel rooms across Australia, New Zealand and parts of Europe.
Billionaire Kerry Stokes controls most of his vast media and mining empire through Dark Companies which are exempt from normal reporting requirements. His ASX-listed investment vehicle Seven Group Holdings – controlled by an exempt company on the Secret Rich List – holds a controlling stake in Seven West Media, home of Channel Seven and the West Australian print media.
Longstanding Coalition donor Richard Smith is the owner of Australia’s largest privately-owned food service network and Dark Company PFD Food Services Pty Ltd.
Shipping group Qube Holdings will give back $17m in JobKeeper subsidies but pockets $13.5m and some fancy executive bonuses despite its revenue rising strongly. How did it pull this off? Callum Foote investigates how the Liberal Party-linked Qube gamed the Tax Office.
Morrison’s government could hardly have wished for a better outcome. The core of their supplicant media is to receive millions to continue their cheering from the sidelines, while independent voices such as RenewEconomy risk being squeezed by these secret deals....
Gladys Berejiklian is telling voters on the South Coast one thing: Treasurer Dominic Perrottet is regaling the CBD with quite another. They are on two different missions: she wants out; he wants in. Ms Berejiklian is behaving like a Premier on the way out and not one...
Because the failed immunity rate for the AstraZeneca vaccine is more than seven times that of the Pfizer vaccine, if the Australian rollout takes place as planned, about 5.5 million people (22% of the population) could still be at risk of getting ill, while some of...
The major parties are largely managed by men who manipulate the choice of candidates to favour men like themselves. I doubt there has been a woman working in Parliament who has not experienced sexual harassment at some time in her career. It is time men in leadership...