Tag: Economic stupidity

‘Fallen well short’ of standards: Audit slams Immigration Department over Nauru and Manus Island contracts

Billions of taxpayer dollars were handed to the private contractors running Australia’s offshore detention centres without adequate authorisation or value-for-money assessments, the Commonwealth auditor has found.

Source: ‘Fallen well short’ of standards: Audit slams Immigration Department over Nauru and Manus Island contracts

Latest coal import figures deal further blows to Adani and Shenhua

Plunging coal prices and slump in demand from India and China highlights the sheer stupidity and fiscal lunacy of both Shenhua’s Watermark and Adani’s Carmichael mines. Lachlan Barker reports.

Source: Latest coal import figures deal further blows to Adani and Shenhua