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OpenAustralia

25 August 2019

25 August 2019

  • Police agencies unite for a worthy cause
    25 August 2019
    ... Star Gold Coast and is a tri-police agency initiative involving officers from the QPS, New South Wales Police Force and Australian Federal Police.

25 August 2019

25 August 2019

25 August 2019

Search results for the word 'icac' at OpenAustralia.org
  • Ministerial Statements: Ministerial Standards (1 Aug 2019)
    25 August 2019
    Nick McKim:...of corruption against politicians and government ministers, here is a living, breathing argument-in fact, the strongest living, breathing argument I have seen for some time. We need an ICAC now, and we need it not only to root out corrupt behaviour by politicians but to try and restore even a small fraction of the loss of trust in the democratic institutions of our society, including...
  • Committees: Crown Casino Committee; Appointment (30 Jul 2019)
    25 August 2019
    Adam Bandt:...as an arm of Crown Casino in pressuring the Department of Home Affairs to let wanted criminals and their associates into this country. The first way we will find that out is by having a federal ICAC-but we don't have one of those. The second way we can find that out, given that Labor and the Liberals seem intent on stopping an inquiry into it, is by the parliament setting up its own...
  • Private Members' Business: National Integrity Commission (29 Jul 2019)
    25 August 2019
    Julian Leeser:.... The experience of my state demonstrates that we need to approach this issue cautiously. The Independent Commission Against Corruption in New South Wales has, by any measure, a mixed history. Under ICAC's watch Eddie Obeid and Ian Macdonald were able to misuse their positions, as members of parliament and ministers of the Crown, to carry out numerous corrupt actions, and ultimately they...

25 August 2019

25 August 2019

    25 August 2019

    25 August 2019

    25 August 2019

    howmuch.net
    • Charted: The Companies Making the Most Money in 2019
      21 August 2019

      Big companies around the world are reaping the benefits of a strong global economy, with many raking in hundreds of billions of dollars. Every year, Fortune Magazine publishes a ranking of the world’s largest companies by revenue. Our new visualization presents the top 100 companies to make the cut in 2019, including where the companies are located and which industries they represent.

      • Combined, the world’s top 100 companies generated more than $15 trillion in revenue.
      • There are 17 countries represented in the top 100 companies. 
      • More than half of the world’s 100 most valuable companies are located in the U.S. (35 companies) or China (23 companies). 
      • The world’s 100 most valuable companies are spread across a variety of industries, with particularly strong representation in energy, motor vehicles, and financial services.

      The information for this visualization comes from the Fortune list of Global 500 companies, as ranked by revenue (see the full methodology here). We illustrated the top 100 of these companies in the chart above, with each octagon representing one company. Within each octagon, we included the company’s logo, its revenue, and the country where it is located. The size of each octagon in the visualization is proportional to the company’s revenue, with the larger shapes representing higher revenues. In addition, each company is outlined in a color that represents its industry sector, such as energy, food and retail, and technology.

      Top 10 Most Valuable Companies by Revenue

      1. Walmart - U.S. - $514 billion
      2. Sinopec Group - China - $415 billion
      3. Royal Dutch Shell - Netherlands - $397 billion
      4. China National Petroleum - China - $393 billion
      5. State Grid - China - $387 billion
      6. Saudi Aramco - Saudi Arabia - $356 billion
      7. BP - Britain - $304 billion
      8. Exxon Mobil - U.S. - $290 billion
      9. Volkswagen - Germany - $278 billion
      10. Toyota Motor - Japan - $273 billion

      According to Fortune, overall revenue for the Global 500 grew 9% compared to the year before. Decreases in national corporate taxes have been noted as a reason for higher revenues within U.S. companies, although the federal government is also bringing in less tax revenue as a result of the new tax policy. Earlier this year, analysts also predicted that even though U.S. companies were bringing in higher revenues, they could experience lower profit margins due to increases in cost for labor and raw materials. 

      In addition, tariffs are having an impact on companies in the U.S. and around the world. Some new international tariffs such as the French digital services tax will not only affect company profits, especially in Silicon Valley, but they will also affect revenue. Furthermore, some economists suggest that Trump’s “America First” policies are discouraging foreign companies from investing in their U.S. operations. Big companies will be keeping a close eye on these policy developments to see how they will affect their bottom lines.

      Did any of the companies on this list surprise you? Please let us know what you think in the comments.

      Data: Table 1.1

    • Ranking the Most Valuable Sports Teams in 2019: Is Your Team In?
      20 August 2019

      We already know that professional sports is a major global industry, but not all sports franchises are equal. From the Dallas Cowboys to the New Orleans Saints, we put together a graphic to rank the top 50 most valuable sports teams around the world.

      • Traditional sports have large, dedicated fanbases, but eSports are on the rise. The forthcoming Fortnite Championship, for example, will have $10 million prize pool.
      • Though Football isn’t an international sport, Football franchises account for three of the top 10 most valuable sports teams in the world.
      • Pay gap issues continue to plague the sports industry and have come under additional scrutiny following the United States Women’s National Team World Cup win.
      • Several NBA teams have increased in value since last year. NBA franchises now take up nine spots in the list of top 50 most valuable sports franchises.

      Every year, Forbes reveals its list of the world’s most valuable sports teams. We used this data to create an easy-to-read graphic demonstrating the world’s largest franchises.

      Our graphic not only ranks the most valuable global sports teams, but also shows us the most valuable teams in each of the world’s major sports leagues, including the NFL, NBA, MLB, LaLiga, Premier League, and more.

      Most Valuable Sports Teams in the World:

      1. Dallas Cowboys: $5 billion
      2. New York Yankees: $4.6 billion
      3. Real Madrid: $4.24 billion
      4. Barcelona: $4.02 billion
      5. New York Knicks: $4 billion
      6. Manchester United: $3.81 billion
      7. New England Patriots: $3.8 billion
      8. Los Angeles Lakers: $3.7 billion
      9. Golden State Warriors: $3.5 billion
      10. Los Angeles Dodgers: $3.3 billion

      Despite not having won a championship in decades and not being a part of an international sports league, the Dallas Cowboys remain the world’s most valuable sports franchise at an astounding $5 billion.

      But it’s not just the Cowboys. The NFL is the world’s most dominant league when it comes to the value of its franchises. More than half of the top 50 most valuable sports teams are football teams.

      Aside from the NFL, the top 50 is made up mostly of the teams you would expect to see there, including major franchises like the New York Yankees, New York Knicks, Barcelona, Real Madrid, and more.

      While traditional sports teams continue to dominate the sports industry, eSports is quickly rising in value and popularity. The Fortnite Championship Series, for example, will have more than $10 million in prize money up for grabs. It may not be too long before we see an eSports franchise take a spot on the list of most valuable sports teams.

      By analyzing this graphic, we can get a better understanding of how much the world’s most popular sports teams are worth, and how much of an impact they have on the global economy.

      Do you expect eSports to continue to increase in popularity, or do you think it’s just a fad? Are you surprised by any of the teams on this list? Let us know in the comment section.

      Data: Table 1.1

    • Mapping Out Mortgage Debt Across the U.S.
      19 August 2019

      Owning a home is a major life milestone for many Americans. In order to afford a home, most people will need to take out a mortgage and pay it off over time. Mortgage debt has hit a new peak since the 2008 financial crisis, rising to $9.406 trillion in Q2 2019. Interestingly, residents of some states incur significantly more mortgage debt than residents in other states. Our latest visualization takes a closer look at how housing debt varies by state, as measured by mortgage balance per capita.

      • According to the New York Fed, the average mortgage debt per capita in the U.S. is $33.680. 
      • In general, states in the Northeast and the West have the highest mortgage debt per capita.
      • States in the South and Midwest tend to have lower-than-average mortgage debt per capita.
      • Washington D.C. has a mortgage debt per capita worth four times more than the mortgage debt per capita of West Virginia.

      The data for this visualization comes from the New York Fed.  The mortgage information we used is from Q4 2018. In the map above, the size of each state is proportional to the amount of the mortgage debt per capita, with larger states representing higher mortgage balances. Similarly, states with higher mortgage balances per capita are shaded in dark orange or brown, and states with lower mortgage balances per capita are shaded in light orange.

      Top 10 States with the Highest Mortgage Debt Balance Per Capita

      1. District of Columbia - $63,430
      2. California - $55,920
      3. Hawaii - $54,980
      4. Colorado - $53,250
      5. Maryland - $51,590
      6. Washington - $49,320
      7. Virginia - $47,570
      8. Massachusetts - $47,140
      9. Utah - $43,310
      10. Connecticut - $41,980

      Despite rising mortgage debt, mortgage rates are close to historical lows. As a result, many homeowners are flocking to refinance their mortgages. Weekly mortgage refinances are skyrocketing, and retailers like Walmart are reaping the benefits of consumers spending the extra money in their pocket.

      Although mortgage rates are low, they can’t compete with this brand new Danish mortgage proposal, in which banks will offer an interest rate mortgage of -0.5% a year. Yes, that is a negative number! In essence, this means that homeowners will pay back a lower amount than they were loaned. The effect of this new proposal on the Danish real estate market still remains to be seen.

      If you are interested in purchasing a home or refinancing your mortgage, visit our cost guides for home loans or home refinancing. What do you think about recent changes in mortgage rates, or how mortgage debt varies by state? Please let us know in the comments section.

      Data: Table 1.1