Finance

Terrorism, highway robbery and the Commonwealth Bank

It has been alleged the CBA has funded terrorism, so why isn’t CEO Ian Narev being held under Australian terrorism laws? 
John Passant@JohnPassantCommonwealth Bank
The Coalition's Australia: Households lose, big business wins and debt soars

Gross national debt has reached eye-watering levels and household income has plunged to new depths with no relief in sight. 
Alan Austin@AlanAustin001Coalition
Whatever happened to the Federal Budget?

The Turnbull Government has hit the booster on the "Bullshitron", writes Mike Dowson. 
Malcolm TurnbullBudgetBudget 2017
Senate Consumer Protection Inquiry: MPs show no appetite for change (Part 2)

The Senate Economics Committee Consumer Protection Inquiry is a costly and diversionary ritual. 
Evan JonesSenate inquiryconsumer protection inquiry
Turnbull and Morrison shift Australia’s wealth straight offshore

While the world is enjoying the current economic recovery, Australians are losing jobs, wages, wealth and income.  
Alan AustinMalcolm TurnbullScott Morrison
Adani Board ‘decision’ a con: Why the Carmichael coal mine must be stopped

The Adani’s Board announcement of a new 'decision' to proceed with the Carmichael coal mine is nothing more than smoke and mirrors to attract a $1 billion [...] 
Gautam AdaniAdaniMalcolm Turnbull
Senate Consumer Protection Inquiry: More of the same (Part 1)

The consumer protection inquiry began without fanfare and little MSM interest but bank victims' concerns are at least getting a hearing. 
Evan JonesSenate inquiryconsumer protection inquiry
Financial Review Rich List 2017 and Twiggy Forrest's 'philanthropy'

The 2017 Rich List is out and no amount of "philanthropy" can disguise Australia's disproportionate wealth divisions. 
John Passant@JohnPassantFinancial Review Rich List 2017
'Downward envy': A job guarantee versus universal basic income

The social foundation for MMT, a job guarantee, is divisive and elitist when compared to universal basic income. 
MMTModern Monetary TheoryUniversal Basic Income. Steven Hail
The Big Bank cartel racket: 'Game of Mates' busts the bank competition myth

Ignore the big banks bluster about a bank levy — they are an uncompetitive rent-seeking cartel that do not pay their way 
Dr Cameron MurrayThe Game of Matesbanking

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