A look into Corporate fraud in Australia, Stranglehold of Monopolies, Telecommunications Oppression, Biased Law System, Corporate influence in politics, Industrial Relations disadvantaging workers, Outsourcing Australian Jobs, Offshore Banking, Petrochemical company domination, Invisibly Visible.
It's not what you see, it's what goes on behind the scenes.
COMMONWEALTH OF AUSTRALIA (ABN: 122 104 616)
Australia's Prime Minister (CEO) Tony Abbott : "Australia is Open for Business"
Thursday, September 29, 2016
Australia's government getting more corrupt according to International Corruption Index
Australia has been singled out for its deteriorating
position as it continues a four-year slide down the International
Australia ranked 13th of 136 countries in International Corruption Index
Australia has slid six positions since 2012
Lack of action by successive governments blamed for the slide
Each year Transparency International gathers assessments and
surveys business people to rank 168 countries by their perceived levels
of public sector corruption.
Figures released for 2015 show Denmark led the rankings, followed by Finland and Sweden, with New Zealand in fourth place.
incoming chairman of Transparency International's Australian
subsidiary, TI Australia, Anthony Whealy QC, said lack of action by
successive governments to curb public sector corruption was the reason
Australia continued to slide down the rankings.
"The delay in
responding to these issues has now made reform critical and a commitment
to ramp up efforts to tackle foreign bribery, which has particularly
impacted perceptions of Australia, is now urgent," Mr Whealy said.
perceptions are not helped by the uncovering of large scale corruption
linked to Australia's most reputable institutions, including the Reserve
scandal continues to taunt Reserve Bank governor Glenn Stevens as
questions are raised about what he knew about Securency's alleged
corruption involving up to $17 million paid in bribes.
TI Australia CEO Phil Newman has called on the Turnbull Government to deliver a stronger federal anti-corruption agency.
Australia's worst foreign bribery offences having been committed by
former or current government-owned entities - the Australian Wheat
Board, Note Printing Australia and Securency Limited - there is no
excuse not to have implemented all of the OECD's reform recommendations
in this area by the end of the year," Mr Newman said.
The inflow of illicit foreign funds into Australia's property market is also cited as a problem.
Whealy said unless Australia strengthened its anti-money laundering
regime it would continue to fall in the corruption rankings.
illicit flow of funds into Australia and particularly from Asia is a
very significant problem and we need to have proper laws to vet it,
transparency, and we need to have sanction to ensure that it doesn't
happen," Mr Whealy said.
"We need to have better vision and control of where money is coming from."
2015 report found "68 per cent of countries worldwide have a serious
corruption problem" and "not one single country anywhere in the world is
The report shows Greece, Senegal and the UK are
among the improvers and North Korea and Somalia are at the bottom of
the corruption index.
abc.net.au 27 Jan 2016
The penal colony system of rule in Australia allows corporate criminals to flourish.
That's what happens when you do not live in a 'free country' as a corporate slave.