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Tuesday, May 14, 2024
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Tax rorters 2017-2018 Groundhog Day

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...
Bob Lee -
POLITICS

The big con: how neoliberals (Liberal & National Party) convinced us there wasn’t enough to go around

The big con: how neoliberals convinced us there wasn't enough to go around Richard DennisAustralia just experienced one of the biggest mining booms in world history. But even at the peak of that boom, there...
Bob Lee -
BUSINESS

The 2019 Budget entrenches neoliberal inequality

I’ve listened hard for the sound of wealth trickling down but all I hear is the sound of the excluded still waiting Amid the fanfare heralding a surplus that is better described as being more...
Bob Lee -
POLITICS

Banking RC Report: The banks have learned how to rort the system

The Banking RC Report marginalises small business borrowers, effectively calling them sore losers and whingers and telling them to bugger off once and for all, writes Dr Evan Jones. THE Financial Services Royal Commission Final Report has generated...
Bob Lee -
POLITICS

After previous failures, doubts linger over the ability of APRA and ASIC to lift their game

Doubts have been raised whether the nation’s two peak financial regulators will be able to sharply lift their efforts after the banking royal commission recommended they take more strong-arm action while facing extra oversight...
Bob Lee -
POLITICS

Compensation scheme to follow Hayne’s indictment of financial sector

Compensation scheme to follow Hayne’s indictment of financial sector Michelle Grattan, University of Canberra The Morrison government has promised to establish a compensation scheme of last resort - paid for by the financial services industry -...
Bob Lee -
POLITICS

Banking Royal Commission: no commissions, no exemptions, no fees without permission. Hayne gets the government to do a U-turn

Banking Royal Commission: no commissions, no exemptions, no fees without permission. Hayne gets the government to do a U-turn Peter Martin, The Conversation Treasurer Josh Frydenberg was glossing over history when he said the final...
Bob Lee -
POLITICS

Yes, Kenneth: Coalition response to banking inquiry is pure politics

The government hopes to neutralise the shocking royal commission evidence by accepting everything Kenneth Hayne recommended In political terms, it’s blindingly obvious why. A federal election is in sight. The Coalition is vulnerable on this...
Bob Lee -
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