Australia plummets down corruption index

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Transparency International (TI) has released its latest corruption index, which reveals that Australia scored its worst ever rating in 2021 and has suffered a massive 12 point fall over the past decade.

From The Guardian:

Australia recorded a score of 73 from 100, a four point drop from its standing in recent years, and the worst result since Transparency International adopted its current approach to measuring corruption in 2012…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.