Fairfax bid: Labor senator Sam Dastyari raises concerns over TPG Russian links
Labor senator Sam Dastyari has raised concerns that there are links between the Russian government and a private equity firm stalking Fairfax Media.The senator told the select committee on the future of public interest journalism that he had been contacted by a number of parties, including former TPG employees and a member of the US Congress, who expressed alarmed that TPG could buy one of Australia's most important news outlets. Play Video Don't Play Up Next ASX winners and lose..>> view originalAustralia's largest tax fraud syndicate had its origins in modest Menai
From a quiet street in Menai to the sands of Bondi Beach, the largest alleged tax fraud syndicate in the country's history had somewhat humble beginnings.Adam Cranston, 30, son of Australian Taxation Office deputy commissioner Michael Cranston, was arrested on Wednesday with police alleging he set up and ran the $165 million tax fraud syndicate that involved six others. Play Video Don't Play Up Next ASX winners and losers - a snapshot Play Video Don't Play More Business..>> view originalAussie businesses swindled out of $3.8 million in 2016 by online fraudsters
In 2016 Australian businesses were swindled out of a record $3.8 million dollars by hackers and online scam artists.JASON King almost became the victim of a $120,000 email scam before working out something wasn’t quite right.Last year Australian businesses were swindled out of $3.8 million dollars by hackers and online scam artists. The considerable figure represents a 31 per cent increase from the previous year, despite awareness campaigns about the threat of online fraudsters.Nearly 6000 Aussi..>> view originalLocal sharemarket falls under US political fears
Macquarie bank caught in ASIC probe into 'inappropriate conduct'
Cash on offer to switch off in summer
Cash on offer to switch off in summerAustralian Associated Press3:10PM May 19, 2017SaveSome electricity users in South Australia and Victoria will get paid to cut their power use during periods of high demand next summer under a program to better manage the energy grid.The Australian Renewable Energy Agency and the Australian Energy Market Operator will spend $22.5 million over the next three years to fund the pilot program beginning in January 2018.It will allow consumers to voluntarily reduce ..>> view originalQIC sues EnergyAustralia for $1bn over Iona gas deal
Queensland Investment Corp is seeking close to $1 billion in damages over alleged misrepresentations made by power utility EnergyAustralia during the sale of the Iona underground gas facility in western Victoria.EnergyAustralia raised $1.8 billion from the sale, but QIC now claims the operations of the facility are deficient. The Iona natural gas storage plant in Victoria sold for almost $1.8 billion in 2015. Photo: James Davies JGD QIC claims that during the sales process EnergyAustra..>> view originalSuspended: G8 Education Ltd shares won't trade until Tuesday
As we covered on Wednesday, G8 Education Ltd (ASX: GEM) shares entered a trading halt following the failure of its would-be significant investor, CFCG Investment Partners, to stump up $150 million for G8 shares. Unable to agree on a date for an ...>> view originalNavy can't rule out design faults as cause of HMAS Canberra and HMAS Adelaide woes
Navy can't rule out design faults as cause of HMAS Canberra and HMAS Adelaide woes Posted May 19, 2017 16:21:44 The Royal Australian Navy has conceded there might be design faults with its two largest ships which have been docked in Sydney since March undergoing urgent repair work. Key points:HMAS Adelaide is placed into dry dock at the Garden Island naval baseShip to miss Exercise Talisman Sabre, HMAS Canberra also in doubtShip manufacturers were immediately contact..>> view originalThumbs up for NDIS from participant
Good support: NDIS Barwon participant Kylie, right, pictured with Wellways NDIS Barwon and Grampians coordinator Nicole Fornal. Prospective participants in the impending south-west rollout of the new National Disability Insurance Scheme who were not sure of their options should get a good advocate.That was the advice that Kylie, an NDIS participant at Geelong where the scheme was piloted in 2013, gave to a Warrnambool forum this month.Kylie, who requested her surname not be published, urged pro..>> view original
Friday, May 19, 2017
Fairfax bid: Labor senator Sam Dastyari raises concerns over TPG Russian links and other top stories.
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