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ASIC’s Greg Medcraft accuses banks of ‘hiding trail of advice’

31 May 2017 | The Australian

ASIC boss Greg Medcraft says the big banks and wealth management industry have used poor record-keeping to “hide a trail” of questionable financial advice.

Mr Medcraft, who finishes his term at the Australian Securities & Investments Commission in November, also hit out at the vertically integrated business model of the big lenders, arguing that cross-selling wealth, advice and insurance products was “not a ­viable business strategy any more”.


Confessions of an overconfident, mediocre man

28 May 2017 | ABC

I can't really put my finger on the precise moment I embraced my own male mediocrity. It was more a dawning realisation.

Be it striding confidently onto stage to deliver a lecture with minimal preparation, having the sheer audacity to think I can pull off live TV or radio, or even sharing my thoughts with you here, its warm embrace is always with me.


Department of Prime Minister and Cabinet paid alleged tax fraud company $1.3m

24 May 2017 | The Age

The Department of Prime Minister and Cabinet paid $1.3 million through recruitment firms to the company at the centre of what is allegedly one of the largest tax frauds in Australian history, a Senate estimates committee has heard. 


Getting Julian Assange: The Untold Story

21 May 2017 | New Matilda

The hunt for the Wikileaks founder has been a brutal and corrupt assault on freedom of speech from the beginning, writes John Pilger.

Julian Assange has been vindicated because the Swedish case against him was corrupt. The prosecutor, Marianne Ny, obstructed justice and should be prosecuted. Her obsession with Assange not only embarrassed her colleagues and the judiciary but exposed the Swedish state’s collusion with the United States in its crimes of war and “rendition”.

 


Tax Office deputy commissioner linked to country's biggest tax fraud

17 May 2017 | AFR

Michael Cranston's illustrious 35-year career at the Trax Office suffered a major blow when he learned his son had been arrested over his involvement in one of the country's biggest white-collar crimes.


Cassie­ Sainsbury demands taxpayer help

07 May 2017 | The Australian

Accused drug-smuggler Cassie­ Sainsbury’s lawyers are asking Australian taxpayers to help pay for her legal costs as she faces charges in Colombia.


Schools funding: Malcolm Turnbull dubs new $19b education policy

02 May 2017 | The Age

Prime Minister Malcolm Turnbull has declared he will "bring the school funding wars to an end" in a stunning policy turnaround that will see the federal government pump an extra $19 billion into schools over the next decade.


Rebuilding the Dream

30 April 2017 | The Australian

Have a look through the comments section of the first two parts of our Lost Property series and you’ll see solutions everywhere. Good, bad, funny, earnest, well-researched essays and undercooked thought bubbles. Everyone has a view on what should happen next. Some solutions, however, keep rising to the top, usually also proposed by economists, strategists, planners, analysts and even politicians.


Lessons From 100 Days of President Trump

30 April 2017 | The New York Times

Here are a dozen things we have learned in President Trump’s first 100 days.

1. Trump has had the worst beginning of any president since, oh, perhaps William Henry Harrison (who died a month after his inauguration). Trump has had no legislative triumphs, and he has by far the lowest public approval of any new president in polling history. Large majorities say he is not honest, does not keep promises and does not care about ordinary people.


Pizza Hut set for the courts over cut-price pizza

30 April 2017 | SMH

Pizza wars, the $4.95 pizzas they spawned and the allegedly disastrous impact on Pizza Hut franchisees, is about to be put on trial in a case that will put the $170 billion franchise sector on edge.

The appeal lodged in the Federal Court of Australia will be heard next month, and up to 90 per cent of Pizza Hut franchisees are backing the class action by liquidator Bob Jacobs at Auxilium Partners.


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