The first day of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry heard startling evidence that National Australia Bank (NAB) managers took envelopes full of cash as part of an alleged bribery racket in which bankers sold loans based on fake documents to “smash” sales targets.
Leaked NSW Coalition government documents reveal that White Bay in Sydney's Inner West and parks on the city’s north shore are favoured construction sites for the $14 billion Western Harbour Tunnel and Northern Beaches Link tollway.
The “Cabinet in confidence” documents, obtained by Fairfax and the ABC, show the project will require the disposal of more than 500,000 cubic metres of contaminated sediment.
More than 200 residents and supporters gathered at the Moorefield Bowling Club in Rockdale on March 3 to protest the proposed F6 Extension to the controversial $18 billion Westconnex tollway, linking the south-western suburbs to Wollongong.
If the F6 motorway is built, residents from the suburbs of Arncliffe, through Rockdale to Sans Souci and all the way to the Royal National Park, will face immense environmental and social disruption.
The formation of a militant super-union has been given the go-ahead by the Fair Work Commission (FWC) in a decision announced on March 6.
Founding national secretary of the Construction, Forestry, Maritime, Mining and Energy Union (CFMMEU) Michael O'Connor welcomed the formation of the new union, created by the amalgamation of the Construction, Forestry, Mining and Energy Union (CFMEU), the Maritime Union of Australia (MUA), and the Textile, Clothing, and Footwear Union of Australia (TCFUA).
During his recent meeting with US President Donald Trump at the White House, Prime Minister Malcolm Turnbull proposed that Australian superannuation funds invest in Trump's plan to renew the US's ailing national infrastructure. He was repeating a view being pushed by Australian ambassador and former Treasurer Joe Hockey for the US to adopt Australia's controversial "asset recycling" scheme by state and local governments, aided by federal subsidies.
Yet again, the federal Coalition government has launched a broadside in favour of its plan to cut company tax for big corporations from 30% to 25%, while slashing spending on social welfare and the public sector.
The catalyst for the latest controversy on the issue was a February 14 article on the ABC website by chief economics correspondent Emma Alberici, entitled, “There's no case for a corporate tax cut when one in five of Australia's top companies don't pay it.”
Hawkesbury Council in Sydney's far north-west voted at its January 30 meeting to reject an offer by NSW Roads and Maritime Services (RMS) to leave a "viewing platform" made from a section of the historic Windsor Bridge when the proposed Windsor Bridge Replacement Project has been completed.
The federal government’s building industry watchdog, the Australian Building and Construction Commission (ABCC), has issued new Building Code rules that specifically ban the Eureka Flag from being displayed on building sites. If an employer breaches the code, they become ineligible to compete for government work.
The transport system in Australia is in crisis. The push by governments and the private roads lobby to build more tollways, sell off our public transport to the big corporations is worsening services, raising costs and creating a transport impasse for the public.
At the centre of this is the current transport disaster in Australia’s biggest city, Sydney.
Community groups opposed to the controversial $17 billion WestConnex tollway project have criticised the recent decision by NSW Roads and Maritime Services (RMS) to dismiss the 13,000 objections lodged against the WestConnex M4-M5 Link Environmental Impact Statement (EIS).
RMS responses, published by the NSW Department of Planning on February 5, effectively disregarded or rejected serious environmental, health and probity problems with the project.