Latest Business Stories

Local arts and film jilted in favour of foreign streaming majors Foxtel, Netflix, and Nine’s Stan

Local arts and film jilted in favour of foreign streaming majors Foxtel, Netflix, and Nine’s Stan

Another kick in the guts for the local screen industry as Stan, owned by Nine Entertainment, chaired by Liberal Party stalwart Peter Costello, is exempted from local content rules and foreign streaming giants such as Netflix are structured to skirt them too. As for the Coalition’s supposed rescue package for small players it is simply Kafkaesque and designed to fail. Elizabeth Minter reports.

Aged care giants extort government for funding hike, threaten campaign in marginal seats

Aged care giants extort government for funding hike, threaten campaign in marginal seats

Australia’s biggest private and corporatised charities in aged care are threatening the government with a political campaign if they don’t get more money, on top of the $21 billion in government funding they get already. Throwing money at large providers has not worked, write Elizabeth Minter and Dr Sarah Russell, in a call for greater transparency and significant reform for the sector.

‘Not suitable’: where to now for James Packer and Crown’s other casinos?

‘Not suitable’: where to now for James Packer and Crown’s other casinos?

The Packer directors are gone. Guy Jalland and Michael Johnston have left the Crown Resorts board in the wake of dramatic findings of the Bergin Report. Chair Helen Coonan and others will remain under pressure. After all, they are responsible, they are the directors, and Justice Bergin found Crown was not suitable to run a casino. So, what’s next, asks Charles Livingstone?

Lobbyland: ten lobbyists for every MP has democracy on life support

Lobbyland: ten lobbyists for every MP has democracy on life support

The resources industry donated $136.8 million over two decades to Australian political parties. Donations buy a lot of influence, with research showing that for every US$1 spent, the return on investment can be as high as US$220. In return, public policy is moulded to suit the interests of the highest corporate bidders and their lobbyists. Adam Lucas investigates.

Inside Australia’s Secret Rich List

Inside Australia’s Secret Rich List

Have Australia’s wealthiest old families bought off the political process? Despite myriad attempts over the years to repeal the cosy “grandfathering” exemption, the billionaires are still permitted – like no other Australians – to keep their companies “dark”. Today Michael West Media unveils the first in a series of investigations by Luke Stacy and Stephanie Tran involving more than 5,000 corporate searches to find the people and the labyrinthine structures behind the Secret Rich List. Luke Stacey and Michael West report.

A Barilaro Affair: how the Barilaros ended up with the Clubhouse when the Club went under

A Barilaro Affair: how the Barilaros ended up with the Clubhouse when the Club went under

Without the knowledge of its members, Queanbeyan’s Marco Polo Social Club was sold to a company controlled by NSW Deputy Premier John Barilaro’s father Domenico. Domenico was president of the Social Club, an institution of the Italian community. The new owners introduced tough financial conditions and eventually the members had to give up their rights, and the property was later sold to an associate of the Barilaros in 2004. Callum Foote reports.

Michael West Email

Get Our Weekly Newsletter

Unsubscribe anytime.

Thank you! We'll also confirm via email.

Pin It on Pinterest