Claims of forgery, claims of theft, a cover-up, deals done “off-the-books”, police kept in the dark … no it’s not a story about the Sicilian mafia, it’s a story about the Australian banks. As the Royal Commission looms, the banks are endeavouring to bury their disputes. Some disputes however, have gone too far. After three years of despair, three years battling Queensland banking juggernaut Suncorp, its receivers BDO and its lawyers Gadens, Jim Davidson will make an eleventh-hour bid to save his cattle property tomorrow in the Supreme Court of Queensland. Davidson is but one of thousands of Australians...Read More
Author: Michael West
First, we found Big Pharma funding Diabetes Australia. Then we discovered Big Sugar – Kellogg’s, Sanitarium and Nestle – funding Dieticians Association of Australia and driving its information campaign via press releases from federal government ministers. Now we find Big Sugar has infiltrated the medical profession with “education materials” and free software. The question must be asked if all this is flaming the epidemic in Type 2 diabetes. Story by Maryanne Demasi. It is said that if you educate one General Practitioner (GP), you educate all their patients. And nobody knows this better than the cereal industry. Cereal giants,...Read More
The Energy Truth uncovers the real story of the energy crisis – why Australians are paying nosebleed prices for electricity and gas, prices which are forcing thousands of disconnections from the grid and threatening to send Australia’s manufacturing industry overseas.Read More
US cereal giant Kellogg’s paid zero tax on $444 million in revenues in Australia last year, according to the Tax Transparency data which was furtively released last Thursday evening just half an hour ahead of parliament’s historic vote on Same Sex Marriage. Kellogg’s is exhibiting quite an unseemly corporate track record in this country, forcing payment terms for small business out to 120 days, paying a measly $23,401 in income tax on $928 million in revenue over the past two years, and being outed for for funding studies which have become part of government advice on health. Kellogg’s “junk...Read More
The usual culprits are at play. Zero tax on $2.9 billion in revenue from Rupert Murdoch’s News Australia Holdings, not a zack from Wall Street’s cuff-linked freebooters Goldman Sachs for the third year on the trot, same deal for brewing giant SAB Miller and a slew of other foreign multinationals. Two Glencore companies managed to exterminate all profit and all tax on $22 billion in income. How do you not pay tax with almost $2 billion a month coming in the door? Yet again, nothing from sugar giant Wilmar or JP Morgan, not a penny from American Express for...Read More
New Michael West Podcast
Created by PodcastOne, this 3 part series looks into how Australia has gone from one of the cheapest countries in the world for energy to one of the most expensive, and reveals just what has happened with our gas and electricity supply and why we are on the verge of an energy crisis.
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