photo credit: ViaMoi Mining and finance are the big winners in the devolving economic model we endure. With the concentration of big business so great, those with control of scarce resources or scarce employment opportunities are able to lean on working classes and the tax payer to plump their profits. Westpac’s disastrous .45% handball of [...]
The power of monopoly rights was recently exposed with the growth in parking revenue at Melbourne Airport. Australian Pacific Airports Corporation is the owner of Melbourne Airport, a group controlled by a number of Australian infrastructure funds. It was reported in this Herald Sun article that Australian Pacific Airports Corporation derives 18.3% revenue from parking, [...]
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