The financial intelligence agency Austrac has alleged the Commonwealth Bank’s Intelligent Deposit Machines broke anti-money laundering laws on 53,700 occasions, and that the bank turned a blind eye to suspicious activities. The potential fines of almost a trillion dollars have already overshadowed a record $9.8 billion full-year dollar profit. The whole CBA money laundering scandal needs […]
I have this image in my mind. A tent. Not the modern nylon and aluminium variety, but more the wooden pole and deerskin covered type. The ones you you see in movies about American Indians. That is how I see the Trump presidency. Nobody thought it would stand but sure enough, the teepee managed to […]
Paul Keating hit the nail on the head. He has always had a way of doing that. He said recently that no recent government has had a ‘narrative’. In other words, governments – or oppositions for that matter – cannot sell a vision of what they want to achieve. They can’t do it at either […]
A few years back, my understanding of farmers did a U turn. I had never considered a major decision farmers have to make. In one or two sentences on radio, a farmer explained it. He was asked why he was growing cotton which was such a water intensive crop. The implication was clear. No environmental conscience. Raping […]
I heard a story decades ago. It was sort of a parable. Evidently a king long ago asked the wisest man in his kingdom to write down all human knowledge. The wise man went away and five years later returned with a book of knowledge. The king said “Well done. Now I want you to […]
I was interested in the Fair Work Commission deciding to reduce some weekend rates. Obviously they gave this a lot of thought as did the Productivity Commission. According to Justice Ross evidence from business owners demonstrated that the present level of Sunday rates had led them to restrict trading hours, reduce staff levels and restrict the […]
We all know the gap between rich and poor is getting bigger. In this article I will try and highlight a few of the results that perhaps you have not thought about in relation to the rich/poor divide, and home affordability. Best start off with a graph courtesy of Econompic: So what does it tell […]
We all know what we don’t want in a political leader. What do we want? We rejected Howard, Rudd, Gillard, Abbott and now Turnbull but how would we describe the perfect leader of the nation? Here are some thoughts. Left or right? Probably neither. Take some values from the traditional left and some from the […]
You can’t tell anyone. It is a secret. The ABC has a coup on their hands. Leigh Sales scored an interview with Donald Trump. It is to be broadcast soon but don’t tell anyone. www.mycomment.com.au has obtained an exclusive copy of the interview. You might have heard of Wickileaks. We have our own source. LickeWeaks. […]
Very occasionally someone puts up an argument against something that sounds like it was constructed by a three year old trying to explain away a broken plate. That “very occasionally” has surfaced. Objections to the royal commission on banking. If the banks don’t come up with “the dog ate my homework” the Liberals are saying […]