The companies that shape Australian life. How monopolies form, how markets fail, and who pays when corporations write the rules.
Eight challengers have tried to break Australia's aviation duopoly. Every single one failed.
Private monopolies with 82 per cent EBITDA margins. No competition. No price regulation.
Qantas's real business is not flying planes. It is selling a private currency.
Kerry Stokes controls a $10.74 billion empire. He also owns WA's only major newspaper.
Australia is one of the largest LNG exporters on earth. Australians pay more than the countries they sell to.
Foreign multinationals extract the gas. Their profits flow offshore. The public gets fractions.