Belmont Bayview Park is set in a convenient location, metres from Lake Macquarie. It's just a short walk to the Belmont 16 footers club, a lake pool, fishing spots and a boat ramp. The surf is five minutes by car.
Corruption is the abuse of entrusted power for private gain. Transparency means shedding light on shady deals, weak enforcement of rules and other illicit practices that undermine good governments, ethical businesses and society at large. Corruption corrodes the fabric of society. It undermines peopleâs trust in political and economic systems, institutions and leaders. It can cost people their freedom, health, money â and sometimes their lives.
Hefty fines, damaged reputations and jail sentences â recent scandals prove that corruption in business doesnât always bring profits. Yet bribery persists. Almost a fifth of executives surveyed by Ernst & Young claimed to have lost business to a competitor who paid bribes. More than a third felt corruption was getting worse. Corruption distorts markets and creates unfair competition. Companies often pay bribes or rig bids to win public procurement contracts.