Renegade Economists

Michael West on Accounting for Energy Rorts

02.21.2018 - By Karl FitzgeraldPlay

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Investigative journalist Michael West (michaelwest.com.au) joins to analyse why Australia’s energy prices are jumping through the roof. We step through more accounting (dis)ease with the lavish use of Depreciated Optimised Replacement Costs to write off virtually anything. We then discuss Transurban’s tax trickery and the nature of Public Private Partnerships and the increasing secrecy used. Show notes - http://www.earthsharing.org.au/2018/02/dorcs-fanciful-figures/

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