Australia's largest stock trading and investment forum Australia's #1 stock forum

They must be very well run to achieve that. Reaper

First 12 Last

Share
Profile

Follow
Reaper11

21,088 Posts.

72

25/09/18

11:50

Post #: 35822981
Share

Originally posted by chappy58 ↑

The nation’s largest trade unions have amassed a political war machine totalling more than $1.5 billion in assets and a combined income stream estimated at $900 million a year, despite a continuing decline in their membership base.

The CFMEU, now arguably the most powerful left-wing campaign arm of the Australian Labor Party, has an accumulated asset base of $206m, with a yearly income stream of $123m, putting it well within comparable fortunes of mid-ranking top 500 listed private companies in Australia.

https://www.theaustralian.com.au/na...y/news-story/387917d6e0cdcfb227b3e59ffe62488f

Expand

They must be very well run to achieve that.

Reaper
1 Upvote

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ZER

Zeta Resources seeks to resolve the Panoramic takeover story

QML

QMines jumps +4.6% on drill hits boasting high copper grades

SKC

SkyCity jumps 2% after copping A$3.6M fine from NZ High Court – far below AUSTRAC's fine

LGM

Legacy hits high-grade gold, silver and copper through drilling at NSW's Bauloora

There are more pages in this discussion • 2 more messages in this thread...

First 12 Last