Latest Economy & Markets Stories

Donald Trump deserted by corporate funders now regulations are gutted and tax breaks banked

Donald Trump deserted by corporate funders now regulations are gutted and tax breaks banked

Corporate America is frantically distancing itself from Donald Trump in the dying days of his presidency after spending four years financing him, enjoying his tax giveaways, his attacks on workers and gutting of regulations to fatten corporate profits. Elizabeth Minter reports on the rank hypocrisy, even extending to Scott Morrison’s top adviser on Covid-19 economic recovery.

Labor backflip puts Coles and Woolies profits before indigenous health

Labor backflip puts Coles and Woolies profits before indigenous health

The Northern Territory government has caved in to liquor lobby pressure and imperilled the health of First Nations People by approving a Dan Murphy’s Darwin mega-store for Woolworths and lifting the licence cap for Coles. The community will pay the price with their health, write Professor Lesley Russell and Dr Jeff McMullen. Will this be Woolworths’ Juukan Gorge moment?

Coalition’s war on casual workers a harbinger for assault on permanent workers

Coalition’s war on casual workers a harbinger for assault on permanent workers

The workplace abuses of the 18th and 19th centuries have returned under the guise of the gig economy. The Morrison government has now proposed sweeping changes to labour laws that will cut wages, entrench precarious work, cripple unions and hand absolute power to bosses. But the assault on casual workers is just the beginning. If the IR bill becomes law, permanent workers will also be affected. Alison Pennington reports.

Westpac and its super arm BT gouge $8 billion from unsuspecting public

Westpac and its super arm BT gouge $8 billion from unsuspecting public

The super funds run by banks and financial institutions – many of them major Coalition donors – have been fleecing the public’s super on an industrial scale for at least a decade. This is the story Westpac and News Corp Australia didn’t want you to see in mid-2018 – even in the middle of a royal commission into banking illegality. Investigative reporter Anthony Klan reports.

Coal Deal in Distress: desperate Dalrymple’s dodgy debt dump

Coal Deal in Distress: desperate Dalrymple’s dodgy debt dump

Brookfield’s make-up artists are hard at work. They’ve taken “coal” out of the title, hired every broker in town to flog the thing and, in the most telling move, are rushing to get the deal done before the end of the year. Michael West reports on the ASX float of Dalrymple Bay Infrastructure, which looks set to siphon off Aussie cash to an offshore haven, with yield-hungry retirees paying the price.

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