October 28, 2021

US-Australia refugee deal: Trump in ‘worst call’ with Turnbull

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From BBC A phone call between US President Donald Trump and Australian PM Malcolm Turnbull has called into question a refugee resettlement deal. The Washington Post reported Mr Trump called the conversation “the worst by far” of his calls with world leaders that day, and cut it short. Mr Trump later tweeted that he would […]

Cayman Islands like an offshore detention centre for your money, Australian PM says

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From The Shovel The Cayman Islands is a bit like Nauru, just with more money and less transparency, the [Australian] Prime Minister explained today. Answering questions from Labor during today’s Parliamentary sitting, Mr Turnbull said, “Your money gets taken away for a very long time, and some other taxpayer foots the bill. It’s really very […]

Turnbull investment in tax haven criticised

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By Heath Aston, Political reporter From The Sydney Morning Herald Malcolm Turnbull, Australia’s second-richest parliamentarian, has invested in a ”vulture fund” based in the tax haven Cayman Islands. Disclosure of what appears to be a $1 million stake in a New York-run fund targeting distressed and bankrupt companies sparked criticism from financial transparency campaigners on […]