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  Australia’s government has major issues with transparency and is actively trying to keep citizens uninformed and unaware, a senator leading the charge against the culture of secrecy has said. On Saturday, independent senator Rex Patrick slammed Australia’s Freedom of Information (FOI) process, and threatened to take the freedom of information commissioner to court over “unreasonable” delays in the review process. Senator Patrick, a strong advocate for open government, has written to Australian information commissioner Angelene Falk, demanding she makes decisions on his FOI requests...

Share on Twitter Government officials have dodged questions about what specific action Australia is taking to respond to concerns over the widespread use of forced labour in Xinjiang. A parliamentary committee is considering an import ban on products and components produced in the western Chinese province under proposed laws put forward by independent Senator Rex Patrick.  The United Nations has urged companies and countries to closely scrutinise their supply chains over concerns about the alleged detention and forced labour of ethnic-minority Uighurs in China.   READ MORE Expe...

Biden Will Seek Tax Increase on Rich to Fund Child Care and Education The American Family Plan, which the president wants to pay for by increasing the capital gains tax and the top marginal income tax rate, currently doesn’t include an effort to expand health coverage. President Biden is set to detail the full proposal, which will set up a clash with Republicans, next week.Credit...Al Drago for The New York Times April 22, 2021Updated 8:14 p.m. ET WASHINGTON — President Biden will seek new taxes on the rich, including a near doubling of the capital gains tax for people earning more than $...

Advertisement Independent senator Rex Patrick has threatened to take legal action against the freedom of information umpire for “unreasonable” delays in reviewing his requests to access government documents. Senator Patrick wrote to the Australian Information Commissioner, Angelene Falk, this week saying he would have no choice but to begin Federal Court proceedings unless his complaint was addressed within 14 days. Senator Rex Patrick says the Coalition is responsible for creating “this mess”. Credit:Alex Ellinghausen The South Australian senator, who is an advocate of op...

Money Market Funds Melted in Pandemic Panic. Now They’re Under Scrutiny. In March 2020, the Federal Reserve had to step in to save the mutual funds, which seem safe until there’s a crisis. Regulation may be coming. As the pandemic took hold in March 2020, investors in money market mutual funds started trying to pull their cash out, which helped push the financial system closer to a collapse.Credit...Ashley Gilbertson for The New York Times April 23, 2021Updated 5:55 p.m. ET The Federal Reserve swooped in to save money market mutual funds for the second time in 12 years in March 2020...