Here's one of the reasons why the electoral backlash against neoliberalism isn't going to go away any time soon. Our primary corporate regulator is Fairfax's Adele Ferguson, not the panoply of regulatory bodies ostensibly charged with protecting consumers, workers and other businesses from corporate malfeasance.

The detailing by Fairfax and the ABC of the behaviour of companies within the retirement home sector in only the latest in a succession of exposures: gouging of financial planning customers, ripping off of insurance claimants, extensive underpayment of retail workers by franchisees -- all involving major companies, including the Commonwealth Bank, all reflecting (despite the denials of senior executives) systemic issues -- and all reflecting serious regulatory failures.