Turned to writing at 60, reckon that'll do for the next 30 years, then I'll become a musician - after that, who knows, maybe a wizard...
Mega deal. Santos takeover a tester for Jim Chalmers
The Abu Dhabi National Oil Company is offering to buy Australian energy giant Santos for $8.89 a share in hard cash. What’s the scam? The scam is that Santos shares are trading way below the bid price at $7.74, which means investors are doubtful the deal will be done....
Labor’s $3 billion NBN campaign pitch. What’s the scam?
An extra $3B in funding for the National Broadband Network, Labor adds NBN nirvana to its campaign pitch. What’s the scam? The scam is that the investment does not mean any new fast broadband connectionsf. All it means is that NBNCo will have the money to complete...
AUKUS propelled rockets to take off from Arkansas? What’s the scam?
The AUKUS Forum continues to amaze. Its latest initiative endeavours to extend AUKUS submarines to rockets. Or at least get on the AUKUS gravy rocket. What’s the scam? The scam is the many ways a private group of AUKUS enthusiasts is endeavouring to get its hands on...
Peter Dutton could face legal action for racial discrimination
A group representing Jewish, Palestinian and Muslim communities have lodged a complaint to the Australian Human Rights Commission claiming Peter Dutton has engaged in racial vilification and discrimination. Kim Wingerei reports. The legal action requests a public...
Airfares rocket, Rex gets parachute, Coldplay to blame. What’s the scam?
With Rex Airlines pulling capital city routes, the ACCC says fares have risen up to 95%. Meanwhile, the Government has announced a $80m funding deal for Rex. What’s the scam? The scam is that the Rex package will not make any difference to airline competition on major...
Big Four ‘under scrutiny’. Another committee, another report, and forty recommendations
The PwC multinational tax avoidance scandal has led to a slew of parliamentary inquiries, reports and much handwringing. The latest includes no less than 40 recommendations. But will anything change? Kim Wingerei reports. The Parliamentary Joint Committee on...
ASIC obfuscates, dithers and delays at Senate Estimates. What’s the scam?
The upper echelons of ASIC (the Australian Securities and Investment Commission) fronted the Senate this week, unable to respond satisfactorily to most questions from assorted Senators. What’s the scam? The scam is how ASIC demonstrated yet again that it is a...
BRICS and Bats: the global world order is changing, but who would know?
This week marked an historic occasion in the decline of American imperialism, the BRICS Summit in Kazan, Russia, where 13 new states signed up. Many more are queuing. The world is realigning. But you won’t hear much about it in the media. Michael West and Kim Wingerei...
Bullion failures. ASIC disregards Senate and ignores whistleblower evidence
Senators continue to probe the investigation into ABC Bullion by ASIC and auditors Deloitte, querying the methods used and why whistleblower evidence seems to have been ignored. Kim Wingerei with the story. Australian bullion companies have had a rough ride lately....
Rex Patrick v Mark Dreyfus court battle a big win for political integrity
The Full Federal Court has rejected Attorney-General Mark Dreyfus’ argument that government ministers should be allowed to shred documents when they leave office. What’s the scam? The scam is that Dreyfus shredded $300k+ of taxpayers’ finest on lawyers fighting for...