03 August 2015

Dean Procter

Dean Procter - Transinteract

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Whatever...

A place to share stuff that isn't at all fintec related but is amusing, absurd or scary.

Possible Charges for 800 Australian Co's - Secret Donations

03 May 2008  |  2029 views  |  0

On the eve of a failed attempt to privatise power in Australia's largest state, news broke that 800 Australian companies may face charges over secret political donations. In a vote of 702-107 the plan to privatise the electricity generation was dismissed by the party delegates.

The privatisation of the power and donations may not be related. Several members of the same political party have been in hot water over cash for permits deals with real estate developers. Various privately funded toll roads and tunnels have received strong government support to the extent of turning major multilane highways into a single lane and closing roads completely to force drivers to travel the new toll routes.

Business as usual in Oz. Cash only please.

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job title CEO
location Sydney
member since 2008
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Ubiquitous mobile phone based payments, ID, transaction authentication, mobile wallet and transport ticketing.

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