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Victorian government wins big on Carbon Revolution float by taking punters for a ride

Victorian government wins big on Carbon Revolution float by taking punters for a ride

The Andrews Labor government pumped $27.5 million into the long-failing, high-end wheel maker to help it limp across the line to an ASX listing last year. The float was a bonanza for it and a handful of other “existing investors” including the Clean Energy Finance Corporation. But the stock exchange was so concerned about the vast gains being made that it placed a freeze over all 5.4 million shares the state government ended up with after the float, writes Anthony Klan in Part II of his investigation into Carbon Revolution. Read Part I here.

Crony Capitalism: Government fights off move to shut loophole for old-money billionaires

Crony Capitalism: Government fights off move to shut loophole for old-money billionaires

The Government has grovelled to its billionaire donors yet again, killing a Senate amendment to force the richest Australians to disclose their financial statements. Michael West reports on the crusade by independent senator Rex Patrick to hold the Morrison Government and its corporate mates such as the Packers, Murdochs and Lowys while putting property giant LendLease to the sword over its JobKeeper rorts.

Is the fix for COVID-19 hiding in plain sight?

Is the fix for COVID-19 hiding in plain sight?

Is there a good safe anti-viral drug readily available that seems to work on SARS-CoV-2? Indomethacin is such a drug. Anyone can make it and sell it. It's safe to use in people. So what's to lose? asks Dr James Freeman.In the X-Files they said “the truth is out...

Stokesed in Japan: the ambassador and the media mogul

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...

Compromised: Genie Energy and the Murdoch media’s climate denial

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.

Where can Australians find trustworthy news and opinion?

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.

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