‘Hubris’: financial giant in hot water over breaches
Success has come at a cost for one of Australia’s financial heavyweights, which is firmly in the sights of the corporate watchdog over “hubris and complacency”. The Australian Securities and…
Profits v Patients: privatisation of public hospitals does not work
The Cayman Islands owner of Northern Beaches Hospital, Healthscope, has blown up financially and hospital ownership is set for a shakeup. Michael West dissects the NSW Auditor-General’s report on hospital…
Money still on rate cut despite surprise spike in wages
Economists still expect the Reserve Bank to cut interest rates at its next board meeting despite a surprise spike in wage growth. Wages rose by a higher-than-expected 3.4 per cent…
No tuning out as influencers reshape political campaign
Young people are turning to social media influencers and commentators to get their news, with politicians warned to either adapt or face irrelevancy. The federal Liberals largely ignored influencers and…
Wages growth jumps unexpectedly higher to 3.4 per cent
Wages rose by a higher-than-expected 3.4 per cent over the year to March, arresting a slide in the rate of growth. The latest Australian Bureau of Statistics figures show wages…
Liberal women reject ‘sexist’ criticism of party leader
Liberal women are rallying behind the federal party’s first female leader, branding questions about her ascension as sexist after an official walked back her response to her longevity. Sussan Ley…
The Hospital with too many Sick People | The West Report
A public hospital sold off to a private operator, controlled in the Cayman Islands, and now, after years of cost-cutting, legal threats, and a damning Auditor General’s report, the NSW…
Macquarie sued for misreporting up to 1.5 billion sales
One of Australia’s biggest financial providers is in court again after allegedly failing to report up to 1.5 billion short sales, putting at risk the nation’s financial stability. Corporate watchdog…
PM to visit Jakarta in first state visit since election
Global tensions and Indonesia’s developing relationship with China and Russia will likely be on the agenda when Anthony Albanese makes his first overseas trip of his second term. The prime…
Parent group challenges energy giant over carbon claims
A parent group with more than 20,000 members will challenge one of Australia’s largest energy companies in court over claims it misled customers about emissions from its products. Representatives from…