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Tuesday, May 30, 2017

Finance

Optus and Telstra’s billing scams hit customers in droves

Optus and Telstra are complicit in a predatory multimillion-dollar billing scam. Thousands, if not hundreds of thousands of broadband customers around Australia are unwittingly...

Tick & flick: PwC embroiled in Vocation collapse

Public trust in the independence of the major audit firms to manage their conflicts of interest is once again in the spotlight thanks to...

Land titles office: another privatisation for the Caymans?

Profits from the NSW land titles registry may soon be heading to the Cayman Islands to be controlled by one of the world's most...

Land titles: the folly of privatising an essential monopoly

Sensibly, the federal government abandoned plans to privatise the database of the corporate regulator just before Christmas. Almost inexplicably, the NSW government continues to...

ScoMo tells the truth about real estate, gets the sin bin

On Monday, Treasurer Scott Morrison told the truth. On Friday he was gone, gone as the government's chief spokesman for the economy that is,...

The Lucky Country: how inheritance and the property boom sharpened inequality – report

Inequality is on the rise, perpetuated by government policies such as negative gearing, where ordinary taxpayers subsidise property investors, and the decade-long failure to...

Hotel Macquarie: you can check out any time you like but you can never...

It is not hard to harbour a sneaking admiration for Macquarie Bank and its relentless ingenuity in finding new ways to make money. "People are our...

Banks in denial about cash scam

The inquiry into the banks, the Clayton's Royal Commission if you like, kicked off today with NAB boss Andrew Thorburn giving evidence. The committee would...

How Goldman Sachs and Australia’s biggest brewer SAB pay no tax

Nowhere is the impotence of politicians and regulators more costly than in their failure to stand up to multinational corporations dodging tax. The poachers are...

Splendid! Let’s lock an entire generation of Australians out of the property market

As the government dithers over money laundering policy, policy which would keep a lid on Chinese buyers whipping up a frenzy in city property...

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