Amost overnight, Ding Ning and Zhang Min struck it rich with the hot new thing in Chinese finance. In 18 short months, they transformed an old-line industrial company into an Internet phenomenon through the seeming magic of peer-to-peer lending.  It...
CommInsure, one Australia's biggest life insurers with about 4 million policy holders, has been caught out using unscrupulous practices buried in the fine print of their contracts to deny, delay or avoid paying claims. Meet some of the key players...
Your entire life savings has evaporated overnight, but not because some anonymous fraudster had stolen it. It happened because the very banking institution that regulators have repeatedly told you is "unquestionably strong" has faltered. The bank has taken your deposit and...
Alan Joyce CEO of Qantas has a take home salary of A$24,500,000 which turns out to be more than double the $10,955,067 tax Qantas begrudgingly paid to Australia. Effectively taxpayers have underwritten - kicked the can - subsidised Alan...
MasterCard lowers its local tax bills through deals with Singapore's Government The wonderful thing about investigating multinational tax avoidance is that, despite the corporate spin and obfuscation, there is a hard number that you can always hang your hat on. No...
Scott Morrison has stated he wants to govern in the “Howard tradition”, but sadly that has also entailed adopting the worst of John Howard’s strategies: to admit or explain as little as possible. Recall the former prime minister’s commitment...
George Soros is a business magnate, investor, philanthropist, and author who is of Jewish-Hungarian ancestry and holds dual citizenship. He is chairman of Soros Fund Management. Billionaire investor says he shorted the S&P 500 index The Federal Reserve could cut interest...
ANZ bank will be scrapping all fees associated with personal banking accounts as of January 1 2017, CEO Shayne Elliot told staff and shareholders today. In an email sent earlier this morning and obtained by Forward News writers, Elliot admitted...
Fast food giant McDonald’s Australia cut its tax bill by more than half in 2015 by routing payments via the low-tax nation of Singapore. McDonald’s reduces its profit, and thus its local tax bill, by using a legal loophole that...
Labor senator Sam Dastyari has warned there is something "fundamentally wrong and rotten" with Australia's entire political system, claiming there are 10 huge companies with so much power and influence they have killed proper democratic process at the federal...
Error decoding the Instagram API json