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Investigation

This Month

No sooner had Leeser said that than Greens senator Mehreen Faruqi circulated on social media a photo of her at a ‘Student Protest for Palestine’ in front of a placard with the words ‘Keep the world clean’ with a drawing of an Israeli flag in a rubbish bin.

Libs and Labor should put the Greens last over antisemitism

Australia’s elites in business, the media, and our cultural institutions have for too long humoured the Greens. It’s time for that to stop.

  • John Roskam

November

American political turbulence aside, this is a story about what kind of leverage Australia really has in Washington.

The bizarre group of politicians who flew economy to free Assange

Barnaby Joyce, who says he doesn’t “terribly like” Julian Assange, is in an alliance of odd political bedfellows campaigning for the WikiLeaks editor’s release.

  • James Curran
The Ukraine invasion in February 2022 triggered frantic emails for Russian clients of PwC Cyprus.

Emails show PwC helped Russians dodge sanctions

Leaked documents reveal how accounting giant PwC’s Cyprus arm scrambled to help Russian oligarchs stay ahead of sanctions in the days after the Ukraine invasion.

  • Neil Chenoweth
Big infrastructure projects are fuelling inflation.

How the states are pushing up mortgage rates

Big infrastructure builds and the migration surge are adding to inflation pressure on the Reserve Bank.

  • John Kehoe

September

Solomon Lew is putting the foot down on growth, including at Smiggle.

Buffett-like Lew nails Australia’s inflation challenge

Solomon Lew says the government needs to help battered consumers. But he’s seeing past a tougher environment to chase growth with Peter Alexander and Smiggle.

  • James Thomson
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August

Sydneysider Mehmet Saral was falsely labelled a terrorist by Turkey and had his Australian bank accounts cut off.

Aussie citizens cut off by big banks on false terrorism charges

Sydney man Mehmet Saral is among a dozen people in Australia who have been cut off by ANZ, CBA and Westpac after being falsely labelled by Turkey as a terrorist.

  • Max Mason
Professor Elizabeth Sheedy, of Macquarie Business School.

The $500m debacle: How insurer IAG missed risk warnings

An algorithm that minimised premium falls or rises when policies were renewed put a regulatory minefield underneath some of Australia’s brightest finance stars.

  • Liam Walsh

July

Generative AI will amplify these concerns considerably as it can make disinformation more credible and difficult to identify.

Conscripting big tech to fight disinformation is no threat to free speech

Claims the government’s bill is about censorship not only misunderstands it but also illustrates a naive understanding of the threats to society and democracy.

  • Rod Sims
More problems have struck with investment-related visas, this time linked to venture capital.

Millions frozen in venture capital land as investor visas go awry

Prospective migrants hoping to secure a pathway into Australia are alleging that botched financing agreements have made it difficult to enter the country.

  • Liam Walsh
Mark Judge and Francesca Packer in 2020, at the heiress’s 26th birthday party.

Robert Bates used fake bank transfer to buy Francesca Packer a diamond

The wellness start-up founder, who is being pursued by his investors for more than $15 million, claimed that the ring was a fake and refused to pay for it.

  • Jessica Sier

June

GenesisCare founder Dan Collins left the business, after concerns increased about the US business’ performance.

GenesisCare’s undoing leaves more questions than answers

The collapse of the cancer care provider has left reputations in tatters, raising questions about why its backers left it so late before declaring bankruptcy.

  • Jemima Whyte and Carrie LaFrenz
TikTok’s revenue in Australia nearly tripled from 2021 to 2022.

TikTok code being worked on from China prompts fresh alarm

Code obtained by the Financial Review shows developers working on the app from mainland China where staff can be compelled to comply with government demands.

  • Max Mason

May

Bubs founder and CEO Kristy Carr and former executive chairman Dennis Lin with boxes of baby formula bound for the US last year.

Inside the Bubs board fallout

Bubs co-founder Kristy Carr and former executive chairman Dennis Lin were at an event in China in early April. Days later a board spill erupted. They were out, but tensions had been simmering for some time.

  • Carrie LaFrenz

April

the Reserve Bank’s Charter of 1959 imposes a duty upon it, within the limit of its powers, to maintain full employment.

Will groupthink persist at the RBA?

A nine-person Monetary Policy Board of trained economists is welcome. But there is a risk the RBA will slavishly persist with the monetarist thinking that results in higher unemployment.

  • Craig Emerson
Housing providers have allegedly robbed NDIS participants of their right to choose care providers and have loaded them up with services they have not agreed to.

NDIS watchdog cracks down on housing providers duping tenants

Housing providers have allegedly robbed NDIS participants of their right to choose care providers and have loaded them up with services they have not agreed to.

  • Max Mason and Jonathan Shapiro
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Inside Kerry Stokes’ world of influence

The media magnate has enjoyed almost-unparalleled influence in Australia’s west for decades.

  • Mark Di Stefano and Max Mason

March

The residential units investors put money into never came to fruition.

Investors left in the lurch after developer Shaw declared bankrupt

More than 130 investors tipped $14.1 million into projects across several states after a marketing blitz run by self-styled property mogul Sasha Hopkins in 2021.

  • Max Mason and Jessica Sier
The woman, who the Financial Review has chosen not to name for privacy reasons, launched a claim against Bentleys in the Federal Court of Australia.

Accounting firm settles with woman sacked after alleging sexual assault

Bentleys NSW has settled a lawsuit brought by a woman who was fired for failing to return to work after she alleged she was a victim of a sexual assault in firm’s Sydney office.

  • Max Mason
Adani’s Carmichael mine under development in Queensland.

Carmichael write-down split favoured Adani’s listed company

Accounts reveal a massive difference in whether private entities, or publicly listed ones, were impacted by losses booked against the Queensland coal project.

  • Liam Walsh
Construction of the Carmichael coal mine in 2020.

The big discrepancies inside Adani’s Queensland adventure

Hundreds of millions of dollars in inconsistencies are strewn throughout accounts about its coal venture in Australia, it can be revealed.

  • Liam Walsh