Latest Markets Stories

Democracy’s Watchdogs: Michael West Media turns four

Democracy’s Watchdogs: Michael West Media turns four

We are privileged this week to be part of Democracy’s Watchdogs — Bill Birnbauer’s non-profit organisation — which “aims to honour the work of Australian investigative journalists and educate the public about the work of our watchdogs and how they have enhanced our democratic processes”. Michael West reports.

The Virgin Brides: fate of airline on a knife-edge as bids lob and cash runs dry

The Virgin Brides: fate of airline on a knife-edge as bids lob and cash runs dry

The government has tossed $130 billion at business, the corporate largesse is dripping all over the big end of town. Even highly profitable $8 billion property developers such as Mirvac are rolling in the free money, yet when it comes to Virgin Australia they are being all punctilious about “letting the market sort it out”. Michael West reports on the future of Virgin.

One Per Cent: how a few big companies shape the laws

One Per Cent: how a few big companies shape the laws

Case studies of Woolworths, Coles, News Corp, Telstra and the Big Four banks show how a few large companies exert excessive influence over Parliament and increasingly scrape out the wealth from their supply chains, a phenomenon which is leading to further inequality

Swerving SWIFT: the story behind Westpac’s money-laundering calamity

Swerving SWIFT: the story behind Westpac’s money-laundering calamity

Bankrolling pedophiles, facilitating massive money-laundering schemes and terrorist-financing have branded Westpac, deservingly, an instant pariah of the banking world. As regulatory intelligence expert Nathan Lynch reveals here however, Westpac is unlikely to be alone. The story behind the story is industrial scale tax avoidance, the concealing of enormous cross-border payments

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