Category Archives: Corruption

Coalition has incentive to neuter federal corruption watchdog

This article by Eva Cripps and published by the Aim Network (27 November 2018) shows why Australia should be wary, of the Morrison government’s turnaround to support the creation of a federal corruption watchdog. She suggests that after its recent crushing electoral losses and finding itself in a minority government, it was compelled to change its strategy. But the intention to prevent disclosures that would embroil the government remains as solid as ever, which means that whatever is set up, will be intended to be a toothless pup.

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The Commonwealth Bank fined for what should be regarded as criminal acts

By Jim Hayes

After facing accusations form the Federal Government’s financial intelligence agency AUSTRAC, involving serious breaches of anti-money laundering and counter-terrorism financing laws, the Commonwealth Bank has agreed to pay a $700 million fine. It will also pay AUSTRAC’s $2.5 million legal costs. Continue reading The Commonwealth Bank fined for what should be regarded as criminal acts

Julie Bishop’s brother profits from protecting the banks

This piece of investigative journalism by Shane Dowling was published in Kangaroo Court in Australia. It provides a glimpse into one part of the association between the Turnbull government and the banks. Julie Bishop’s brother is a partner in Clayton Utz, the law firm defending the banks in the Current Royal Commission, and it stands to make tens of millions out of it. Kangaroo Court in Australia is an independent site, dedicated to investigative reporting of political, judicial and police corruption.

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Royal Commission into finance industry exposes some truths but the problem is systemic

By Joe Montero

The Turnbull government compelled by circumstances to respond to popular pressure of action on the banks, the disclosures of whistleblowers and finally rebellion among its Coalition partners in the National party, with a Royal Commission. Continue reading Royal Commission into finance industry exposes some truths but the problem is systemic

Cricket cheating scandal is a symptom of the extreme commercialisation of society

By Joe Montero

The Australian cricket team ball tampering scandal has focused on the wrongdoing by the captain. There is no argument that Steve Smith and Dave Warner too, should be accountable for his own actions. Their 12 month suspension may even be too lenient. But to leave it at this, avoids a far more important reality. Continue reading Cricket cheating scandal is a symptom of the extreme commercialisation of society