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ExxonMobil avoids corporate tax until 2021

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ExxonMobile reported revenues of $9.6bn in 2013-14, $8.5bn in 2014-15 and $6.7bn in 2015-16. ExxonMobil told a Senate inquiry on Wednesday 14th Mardch 2018 that it did not expect to pay any Australian corporate tax until 2021, meaning it would not have paid the tax for eight years, and was again accused of...
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One Belt, One Road: Explained

POLITICS
It is an attempt by the Chinese to secure global dominance at a time when the United States is stepping back, and on the domestic front to keep growth and wealth strong for decades to come. More than 2,000 years ago, China’s imperial envoy Zhang Qian helped to establish the...
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‘Staggering’: $90 billion lost in resources tax

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'Staggering': $90 billion lost in resources tax By Eryk Bagshaw 12 March 2018 — 3:47pm An Oxford University expert says Australia would be $90 billion better off if it adopted European-style resource tax policies and argues the Turnbull government has given up on collecting a meaningful amount of revenue from some of its...
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You can’t just call any risk a sovereign risk

POLITICS
What is 'Sovereign Risk' Sovereign risk is the risk that a central bank will impose foreign exchange regulations that will significantly reduce or negate the value of its forex contracts. It also includes the risk that a foreign nation will either fail to meet debt repayments or not honor sovereign debt payments. "sovereign risk"...
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The Digital Skill Set of a journalist – editor – publisher

POLITICS
      Unlike many online news portals, your Pigsfly Newspaper doesn’t hold any annoying advertising, we don’t try and sell you anything nor have we put up a paywall – We want to keep our communiques as open and honest as we can. Your Pigsfly Newspaper is fiercely independent and...
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Close up: the government’s facial recognition plan could reveal more than just your identity

POLITICS
Close up: the government's facial recognition plan could reveal more than just your identity Zapp Photo shutterstock. Jake Goldenfein, Swinburne University of Technology A Bill to set up the federal government’s biometric identity system is currently going through Parliament. But there are concerns over just how much information the system would be...
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Revealed: the extent of job-swapping between public servants and fossil fuel lobbyists

POLITICS
This was the same firm that Robb had publicly defended when it controversially acquired a 99-year lease for the Port of Darwin in 2015. Two years after clinching a historic free trade deal with Beijing, former trade minister Andrew Robb has become a "high-level economic consultant" with the Chinese company...
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The Australian companies you didn’t know were owned by the big four banks

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Everyone knows Australia’s big four banks are huge, accounting as they do for almost one quarter of the value of all the companies on the entire ASX. But they are actually even bigger than they seem, thanks to a network of other brands and subsidiaries that often carry no obvious...
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How a three-decade remaking of the city revived the buzz of ‘Marvellous Melbourne’

EMPORIUM
How a three-decade remaking of the city revived the buzz of 'Marvellous Melbourne' Marvellous Melbourne, a city full of life, has been revived over several decades. This is Swanston Street in 2017. Andrew Curtis/City of Melbourne, Author provided Kim Dovey, University of Melbourne; Rob Adams, University of Melbourne, and Ronald Jones, RMIT...
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Fewer alcohol-related visits to inner Sydney emergency room since ‘lockout laws’ introduced

POLITICS
Fewer alcohol-related visits to inner Sydney emergency room since 'lockout laws' introduced Diana Egerton-Warburton, Monash University The emergency room at Sydney’s St Vincent’s Hospital has seen a 10% reduction in the incidence of fractures that are often caused by a punch to the face over the two years since the so-called...
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