Stephen Long is an investigative reporter with the ABC, covering business and finance.
Posted
| UpdatedThe coal industry's multi-million-dollar advertising and lobbying campaign in the run-up to the last federal election was bankrolled by money deducted from state mining royalty payments and meant to fund research into "clean coal".
Topics: coal, environment, activism-and-lobbying, federal---state-issues, australia, qld, nsw
Posted
| UpdatedClimate change could threaten the stability of the entire financial system, the prudential regulator warns, as it prepares to apply climate change "stress tests" to the nation's financial institutions.
Topics: climate-change, business-economics-and-finance, regulation, sydney-2000
Posted
| UpdatedMalcolm Turnbull has made a stunning turnaround from urging zero-emissions energy to spruiking "clean coal" — seemingly in the face of climate science, Stephen Long writes.
Topics: electricity-energy-and-utilities, alternative-energy, coal, turnbull-malcolm, australia
Posted
There have been massive efforts to attain the holy grail of "clean coal", but the current reality is that it remains a dirty way to produce energy.
Topics: electricity-energy-and-utilities, coal, federal-government, climate-change, alternative-energy, australia
Posted
| UpdatedDonald Trump will be a "hopelessly conflicted president" with an unrivalled array of commercial conflicts of interest that threaten to undermine the presidency, according to a leading expert on corporate governance.
Topics: us-elections, corporate-governance, world-politics, united-states
Posted
James Packer rejoins the board of his casino giant Crown Resorts after a profit slump and the arrest of 18 Crown employees in China.
Topics: gambling, company-news, business-economics-and-finance, australia
Posted
| UpdatedIndian authorities investigate Adani companies for siphoning money offshore and artificially inflating power prices at the expense of Indian consumers.
Topics: coal, business-economics-and-finance, mining-industry, multinationals, federal-government, tax, india, australia, qld, mackay-4740, bowen-4805
Posted
| UpdatedAdani's complex corporate web spreads from its planned Galilee Basin coal mine in North Queensland, across Asia to a Caribbean tax haven.
Topics: coal, mining-industry, multinationals, tax, federal-government, australia, qld, mackay-4740, bowen-4805, singapore, cayman-islands
Posted
| UpdatedIndia releases a new power plan promoting a dramatic increase in renewable energy, raising doubts about the Indian-owned Adani Group's massive coal mine in Queensland.
Topics: coal, industry, business-economics-and-finance, environment, mining-industry, government-and-politics, alternative-energy, environmental-policy, environmental-management, australia
Posted
| UpdatedPresident-elect Donald Trump has pitched his trade policies to bring manufacturing home, but critics say they will not work and risk sparking a trade war that will cause enormous damage to the United States and world economy.
Topics: business-economics-and-finance, government-and-politics, us-elections, international-aid-and-trade, trade, united-states
Posted
| UpdatedDonald Trump's election is a symptom of a broken economic system, with eerie parallels to the 1920s and '30s, Stephen Long writes.
Topics: economic-trends, us-elections, united-states
Posted
| UpdatedThe South Australian Premier's plans for a nuclear waste dump could be very profitable, but the scheme is based on questionable economics and would see hazardous materials kept in "interim" storage for 109 years.
Topics: parliament, government-and-politics, federal---state-issues, state-parliament, states-and-territories, nuclear-energy, nuclear-issues, sa
Posted
Claims that building a radioactive waste dump would give a massive boost to the South Australian economy rely on a report co-authored by members of an advocacy group for international nuclear storage "solutions".
Topics: nuclear-energy, nuclear-issues, royal-commissions, law-crime-and-justice, business-economics-and-finance, sa, adelaide-5000
Posted
Australia is in the midst of an gas export boom, yet a tax meant to share the profits with the community may not raise any new revenue for more than two decades.
Topics: oil-and-gas, tax, australia
Posted
| UpdatedCritics slam the Government's backdown on superannuation as a "cave-in to the super rich" that undermines efforts to make the retirement savings system more equitable.
Topics: superannuation, budget, federal-government, australia
Posted
On the face of it, Glenn Stevens leaves his last monetary policy meeting with an enviable record of economic growth and prosperity, but Australia's debt problem lurks to threaten his legacy.
Topics: money-and-monetary-policy, economic-trends, business-economics-and-finance, australia
Posted
| UpdatedIt only takes a few days in Western Australia to see evidence of its severe recession everywhere you look, as ABC economics expert Stephen Long discovered when he travelled there recently.
Topics: economic-trends, money-and-monetary-policy, unemployment, manufacturing, mining-industry, perth-6000, wa, australia
Posted
The Reserve Bank is having to set a single interest rate for an economy where one state is in severe recession and another is booming.
Topics: economic-trends, money-and-monetary-policy, housing-industry, mining-industry, australia, sydney-2000, perth-6000, wa, nsw
Posted
| UpdatedThe big four accounting firms are branded as aggressive, unethical, and stand accused of "perpetrating the greatest tax crimes in history" by a leading corporate tax authority.
Topics: accounting, tax, fraud-and-corporate-crime, multinationals, australia
Posted
| UpdatedEconomists warn that whoever ends up forming government may face the toughest economic conditions since the 1990s recession.
Topics: economic-trends, money-and-monetary-policy, iron-ore, federal-government, federal-elections, government-and-politics, australia
Posted
| UpdatedThe question of which side of politics will best "manage the economy" may well decide the election, but it's being assessed in a bizarrely narrow way.
Topics: federal-elections, business-economics-and-finance, economic-trends, government-and-politics, australia
Posted
Chevron adds $7 billion to an "in house" loan that critics say is designed to shift billions of dollars of income offshore.
Topics: business-economics-and-finance, company-news, tax, government-and-politics, australia
Posted
We're told that cutting the company tax rate will lead to greater economic output, higher wages and more jobs. But the modelling used to support these claims is based on assumptions that are divorced from reality.
Topics: government-and-politics, business-economics-and-finance, budget
Posted
| UpdatedThe Turnbull Government's planned company tax cuts would slash Australian revenue, while delivering a multi-billion-dollar tax windfall to the US Treasury, new research says.
Topics: tax, foreign-affairs, agreements-and-treaties, stockmarket, federal-elections, australia, united-states
Posted
| UpdatedThe tax cuts announced by Treasurer Scott Morrison flow overwhelmingly to high-income earners, with 70 per cent of taxpayers gaining nothing from the shift in the point at which people begin paying 37 cents in the dollar tax.
Topics: budget, federal-government, tax, federal-parliament, federal-election, government-and-politics, australia