The Foreign Investment Review Board has already waved through the Healthscope acquisition and is presently deliberating on the Aveo deal. Yet the question must be asked; as Brookfield pays so little tax in Australia, what is the national interest in allowing this tax haven operator to buy billions of dollars buying key infrastructure when it merely siphons the profits offshore?
Clive Palmer is suing YouTube sensation Jordan Shanks for defamation. Instead of capitulating however, Shanks doubled down and tore strips off Palmer in the funniest response to a legal threat yet. If you have been legally threatened in similar ways – we want to hear about it – click here to let us know – the Streisand effect may work in your favour.
It is extraordinary that the profit from Barnaby Joyce’s record payment for Australian water rights, an $80 million payment of taxpayers’ money, found its way to a company in the Cayman Islands which had been set up by Angus Taylor, a company at which Taylor had been a director for six years. Report by Michael West.