Tag Archives: Marc Rich

Glencore buying Rio Tinto could burn hole in Hockey’s pocket.

In the SMH on December 20, 2014, Michael West draws attention to Glencore’s checkered history on paying tax and the consequences for Joe Hockey’s budget if Glencore acquired Rio Tinto. Michael West said that ‘billions of dollars in tax payments … Continue reading

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Joe Hockey’s lifters

At a speech on June 11, a few days ago, Joe Hockey said that Australia should be rewarding ‘lifters and not leaners’. Presumably Glencore/Xstrata, Australia’s largest coal company, would be an ideal example of a heavy lifter, not like those … Continue reading

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