Saudi Arabia stops Mecca pilgrimage, Japan shuts its schools, 80 per cent of Chinese exports are on lock down. Dr. James Freeman recants on his earlier article, affirms the global danger of Convid-19
Latest Business Stories
Probing Probe: inside the Government’s Robodebt collector
The Probe Group, one of the Government’s "Robodebt" collectors, and whose executive team has ties to the Federal Treasurer and another federal minister, has seen its business prosper since the Coalition was elected in 2013. Jommy Tee investigates another case of...
Stokesed in Japan: the ambassador and the media mogul
Although best known as a media mogul, much of Kerry Stokes' wealth is derived from LNG, coal, iron ore and beef, of which Japan is a major importer. Boosting demand is a key role of Australia’s Japanese ambassador, Richard Court. As a director of three Stokes...
Are political donations protecting Bupa’s aged care licence?
British aged care giant Bupa gets half a billion dollars of Australian taxpayer funding, has been pinged for elder abuse, a slew of failures to meet basic standards, and tax avoidance. Are its large political donations protecting its licence to operate?
China’s ridesharing giant DiDi makes Uber look like a driver sweat shop
Chinese drivers are earning well above average income while Aussie Uber drivers can’t make minimum wage. Marcus Reubenstein reports.In the southern Chinese city of Guangzhou, 30 year-old Mr. Li is driving me from the city’s east to the main intercity bus terminal. The...
Green Bank Besieged: CEFC, Coal and the Giant Vampire Kangaroo
The Big Four banks and Macquarie, big Liberal Party donors all, have received over $2.3 billion in taxpayer-backed funds from the Clean Energy Finance Corporation. That is almost one-third of every dollar ever invested by Australia's green bank. Anthony Klan...
Compromised: Genie Energy and the Murdoch media’s climate denial
Rupert Murdoch, Dick Cheney, former CIA director James Woolsey, former US Treasury head Larry Summers, former US Energy Secretary Bill Richardson, hedge fund boss Michael Steinhardt and Jacob Rothschild have something in common. They are all on the board of oil and gas explorer, Genie Energy. Gas industry whistleblower Simone Marsh explores Rupert Murdoch’s fossil fuel interests.
The federal government’s response to the ACCC’s Digital Platforms Inquiry is a let down
Last Thursday, the federal government responded to the recommendations of the Australian Competition and Consumer Commission’s (ACCC) “world-leading” Digital Platforms Inquiry. The response, however, is a less-than world-leading roadmap for reform. The University of...
A Gilead Tale: Big Pharma drug prices kept in check by generic imports
US government sues Gilead to bring down drug prices
#29Leaks Pipe Dream: The African cannabis empire that never was
the African cannabis empire that never was
#29Leaks helps lift veil on how Iran avoids sanctions
This story, pulled together from leaked documents, involves fake names, trading gold for gas, and a trip to Disney World. Shirsho Dasgupta and Kevin G Hall report.
Our quest for transparency sees hackers and journalists dying for your right to know
On the fringes of our financial world secret money is coming up against hackers and journalists who are literally dying to get the information out. Data journalist, Kim Prince, describes the evolution in offshore data leaks which has led to #29Leaks and the deep sense...
Operation Slippery: Russian aviation magnate diverts Australian Defence profits to tax havens
Australia’s Department of Defence is keeping silent. Yet it has serious questions to answer over its dealings with an elusive Russian aviation tycoon, an American mercenary outfit and a money trail which winds from Canberra to the Seychelles via Cyprus. Thanks to the...
Bellamy’s $1.43 billion price tag doesn’t equal an Australian icon
A week after approval of its takeover of Bellamy’s, China Mengniu picks up a bundle of Australia’s best-known dairy brands … and some criticism as part of the bargain. Marcus Ruebenstein reports.
Where can Australians find trustworthy news and opinion?
If it is true as some assert that federal Labor cannot win elections in Australia because the mainstream media continually misrepresent its record, then what is the solution? One strategy is to replace those outlets with media which deliver trustworthy news. Alan Austin reports.
FATF caves as Australia keeps propping up property market with black money
Nathan Lynch investigates the dark side of Australia’s 30-year economic miracle — credit growth, real estate and the business of providing a secure home for international flight capital.
Water Barons: Gina Rinehart pitches cattle against sawfish
Triskele looks at a proposal by Gina Rinehart to build the biggest irrigation farm in the northern hemisphere using offtake flood water from the Fitzroy River. The plan is at odds with the state government’s 2013 election commitment to create a landmark Kimberley National Park
Tabcorp’s welfare payment from RSL veterans fund keeps pokie losses ticking
The RSL in Victoria is captured by the pokies lobby and Tabcorp. As we remember the fallen on Remembrance Day, don’t forget the dubious deals and scandals besetting the RSL, writes journalist and anti-gaming campaigner Stephen Mayne
Tax Cut Flop: 1080 fails to revive torpid retail sector
Alan Austin unpacks September’s miserable retail sales data as the economy staggers from one record low to another.
Experts reject privatisation of Australia’s visa system, except two experts
Experts have roundly condemned the Federal Government’s move to privatise Australia’s visa processing system, leaving Peter Dutton’s department as the only champion of the deal.
Oracle and Accenture: big tax dodgers queued for visa privatisation prize
Should the Government award contracts to tax cheating multinationals? The subject is likely to be covered when the Parliamentary Inquiry into the Big Four accounting firms kicks off late this year, the Big Four themselves being the ringmasters of global tax chicanery
Toxic Tests: why is US Army funding Tafenoquine drug trials on Perth students?
Why is the US army funding antimalarial trials on Perth’s cash-strapped students with a drug found to be neurotoxic a decade ago?
Streaming Wars: the battle for Australian subscriptions heats up
From Netflix and Stan to Amazon Prime Video, YouTube Premium and Foxtel/Kayo Sports, Australia is a battleground for worldwide entertainment behemoths and local players vying for our collective eyeballs and our streaming dollars
The Streisand Effect: lawyers’ threats backfire amid the rising trade in hurt feelings
Clive Palmer is suing Youtube sensation Jordan Shanks for defamation. Instead of capitulating however, Shanks doubled down and tore strips off Palmer in the funniest response to a legal threat yet.
Big Cotton eyes off the wild rivers of Northern Australia
Water chasers, with Big Cotton as the central actor, are eyeing off the wild rivers of Northern Australia.
Whither the Economy? the MWI measures the Government on its own priorities
Where is the Australian economy heading? The new MW Index rates the Government according to the things which it says are important. What does the RBA say is going on? Governor of the RBA Philip Lowe said on September 24: “After having been through a soft patch, a...
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