Michael West

Michael West

Michael West comments on companies, markets and the economy. He is a former SMH business editor.

Banks have outsourcing down to a fine art

Michael West It is mildly amusing to observe the sanctimony of the banks when it comes to lending standards.

Oils ain't oils, gas contracts ain't gas contracts

Michael West Australia's gas production is set to quadruple but global demand is now contracting.

Comments 18

Malcolm Turnbull's Cayman Islands connection isn't the problem

Michael West

Michael West The priority for Parliament should remain pinging the big tax culprits – foreign-controlled multinationals.

Comments 30

East coast gas market has all the hallmarks of a cartel

The east coast gas market is 'opaque and complicated', according to ACCC chairman Rod Sims.

Michael West Rod Sims delivered the keynote address on the gas industry last month, he did everything but deploy competition's dirtiest word.

Adani loses Liberals but gaining Labor?

Michael West dinkus

Michael West Canberra has seen sense but up north there are fresh questions.

Comments 18

TPP: 'She's a beauty, mate!' Really?

Michael West dinkus

Michael West Signing up to the TPP is a bit like buying a used car over the phone with no detail as to the state of the vehicle, but with glowing assurances from the dealer that "she's a beauty".

Comments 107

Anyone for tennis? Australia's greatest local government stoush rolls on

Michael West

Michael West In the winter of 2009, then shadow treasurer Joe Hockey climbed Mount Kilimanjaro with Seven Network celebrity David Koch, tennis entrepreneur Paul Francis and others.

eBay base laid bare in court case

Michael West dinkus

Michael West A stoush with former staff has unveiled an intriguing tax structure.

Coal isn't dead; it's a takeover target

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Michael West Coal is not dead yet – not even the thermal stuff - but it's cheap.

Volkswagen's light 'leakage' needs immediate explanation

Michael West Assessment finds that over the past eight years the group's economic activity in Australia has doubled while its income tax contribution has fallen.

Comments 33

Tackling tax leaners needed before GST change

Michael West dinkus

Michael West If the government still wants to alter sales taxes it should be tackling multinationals harder.

Comments 31

Identity theft: Macquarie Bank advances 'over $20,000' to Scrabble king impostor

Michael West dinkus

Michael West Someone stole his identity to get a $20,000 credit card and bank says it's his problem.

Comments 10

COMMENT

Joe Hockey acts in what may be his final hours as Treasurer against multinationals

Treasurer Joe Hockey, pictured with Tax Commissioner Chris Jordan on Wednesday, announce their crackdown on multinationals suspected of tax avoidance.

Michael West Government action on multinational tax avoidance has miserably failed to match its rhetoric, but things are moving in the right direction.

Comments 129

Slated anti-money laundering legislation is comically overdue

Michael West dinkus

Michael West Which one of the following propositions is untrue?

Comments 50

Taib a little taste of laundering lurks

Michael West

Michael West Compliance with the law should not be a lifestyle choice like yoga.

Comments 3

Allegations family of Malaysian billionaire Taib Mahmud 'laundered' money in Australia

The Adelaide Hilton is at the heart of the allegations.

Michael West A billionaire politician under investigation for corruption in Malaysia faces allegations his family companies have laundered millions of dollars through the Australian real estate market.

Australian Shareholder Centre clients 'losing their hard earned'

Michael West dinkus

Michael West Defamation laws may be stopping spurned investors from speaking out about bad experiences with the Australian Shareholder Centre.

Comments 4

Good money to be made before burying dead companies

Michael West Quite often there is more money to be made from a company dead than alive.

Adani loses LG as big customer for Carmichael mine

Michael West

Michael West Korean giant LG has confirmed it will not take coal from the controversial mine.

Where next for troubled Santos?

Santos' debt would appear to now be well in excess of the value of its assets.

Michael West Unless the prices of oil and gas rebound strongly Santos will struggle to meet its interest bill in the current half.