QANTAS
Who owns it?
The biggest 20 shareholders control 80.3 percent of total voting shares, and that just the top four, a group of major global financial conglomerates, hold over 70 percent.

The largest Qantas shareholder—with 22.72 percent of the company—is J. P. Morgan Nominees Australia, a division of the global J. P. Morgan investment house.

The second largest is HSBC Custody Nominees with 18.91 percent. Next is National Nominees with an 18.26 percent stake. The fourth largest is Citicorp Nominees.

These four investment funds are also among the largest shareholders of Australia’s four major banks, the Commonwealth Bank, National Australia Bank, Westpac Bank and ANZ Bank, which in turn are large shareholders of the investment funds.

J. P. Morgan, HSBC, National Nominees and Citicorp are also the top 4 shareholders of Australia’s two largest resource comps, BHP-Billiton and Rio Tinto.

They appear in the top 20 list of shareholders for many companies from oil -Caltex to construction & property giants Leighton Holdings and Lend Lease.

This web of interconnections guarantees that the executives of any company serve as the direct representatives of finance and carry out their dictates. They move seamlessly between different companies, serving the same essential masters.