iSelect has dominated the Australian market and is a tasty prospect for stockmarket players. But don’t believe all of the hype you’re reading in the nation’s financial daily.
READ MOREArticles by Adam Schwab
Prime payouts become intriguing courtroom drama
The corporate watchdog is putting two directors of collapsed retirement fund Prime — Bill Lewski and Michael Wooldridge — into the dock. Their answers on the dramatic downfall are intriguing.
READ MOREThe rise and fall of UGL’s $26m man Richard Leupen
Engineering and mining contractor UGL has slashed its profit forecasts by 40% this week. But chief executive Richard Leupen remains in the chair long after his contract expired.
READ MOREWhat are the odds on Tom Waterhouse going the distance?
Tom Waterhouse is everywhere, but will his business go the distance? The ubiquitous online bookmaker has a high-risk business strategy mirroring the dot-com legacy.
READ MOREWhile you were sleeping, execs hoard shares for themselves
A new report shows just how talented Australian executives are at buying back shares, mostly to benefit senior executives. And the poor old shareholder might know very little about it.
READ MOREJudge lifts Tinkler’s gag on Fairfax
More details of Nathan Tinkler’s troubled financial situation are set to be made public, after the lifting of a super-injunction against Fairfax.
READ MOREIs Nathan Tinkler broke? That would be the positive spin
No one seems especially cut up by Nathan Tinkler’s recent rapidly declining fortunes. Tinkler, once the richest Australian under 40, says he has some $700 million in assets. But does he?
READ MOREInsurer QBE rights the ship, rues ex-CEO O’Halloran
Frank O’Halloran, the former emperor of QBE, destroyed the insurer’s balance sheet and left a big potential landmine behind in QBE LMI. For his trouble he was paid more than $58 million.
READ MOREKloppers ‘really screwed up’, but still gets $85m for BHP stint
Departing BHP boss Marius Kloppers is leaving the mining company in far worse shape than he found it — and being paid handsomely for it. Even Rich Lister Ivan Glasenberg took a swipe today.
READ MOREGet Fact: is it really ‘cheaper to buy than rent’?
It’s cheaper to buy a house than rent one, according to a story in The Australian Financial Review. We apply the Crikey Get Fact test to that rather bold statement.
READ MOREHigh-flying investor Oliver Curtis could land with a thud
Oliver Curtis — a former Bachelor of the Year who settled down with a high-flying Sydney PR queen — has now been charged with conspiring on insider trading. It could be a heavy fall from the social set.
READ MOREGlowing Coe obits whitewash his shady business record
From all reports David Coe was a generous man, loved by friends and family, who died too young. But that doesn’t change the fact he presided (and personally benefited) from a massive corporate collapse.
READ MOREHe went to Rio, and lost $35b: Albanese’s destructive path
The media let Tom Albanese off the hook too easily. The ousted Rio Tinto boss will go down as one of the most value-destroying executives in global corporate history.
READ MORELobbyist bluster can’t hide struggling property market
The performance of property has confounded most optimists who have long claimed that property prices would be cushioned by interest rate drops.
READ MOREOne set of rules for the powerful, another for coal activists
The coal hoaxer has stung ASIC out of its timidity and lethargy. It seems there’s one set of rules for the wealthy and powerful, and another for coal activists living in a forest.
READ MOREPoor retail a local experience, as global magnates get bigger
While Australian retailers struggle with technology, the poor performance appears to be a local problem, rather than a retail problem, as some of the world’s biggest retailers provided in 2012.
READ MOREHow the internet killed GDP as a reliable economic barometer
The shift from newspapers and physical retailers to the internet has dragged down GDP — but that isn’t a bad thing in itself. It’s the economic measure that may now be wrong.
READ MOREThe good and the greedy from business in ’12
There were the executives who won big and the shareholders who lost out — and none of them did it quietly. Our business commentator hands out his annual awards for 2012 …
READ MOREUsual suspects top the exec pay list, not that they deserve it
The best performing CEOs, with the toughest jobs in super competitive sectors are able to create real earnings growth. It’s the “name brand” executives who tend to deliver the worst performance and get the most pay.
READ MORERetailers’ frenzy shows they still don’t get it
The Click Frenzy online retailing spruik wouldn’t have impressed customers. And yet traditional retailers actually have all the cards when it comes to online shopping.
READ MOREHorse and hat parade easily tramples the F1 crowd
The money behind the Australian Grand Prix must stare in envy at the endless parade of horses, hats and money that flock to the Birdcage during Melbourne’s racing season.
READ MOREThe young and the restless: Rich List stars fall from grace
BRW’s Young Rich List has had more than its fair share of scoundrels and failures. Who made it big only to lose it all (almost)? Find out on Crikey’s Young Failed Rich List.
READ MORETime for Billabong to dump its founder?
The surfwear company’s annual general meeting on Wednesday is expected to be feisty, with founder Gordon Merchant’s head on the block in a shareholder-led revolt.
READ MORE‘Aussie’ attacks Reserve for not making him more money
The RBA makes decisions for all of us, not just hypocritical lending sharks. “Aussie” John Symond should bear that in mind when discussing interest rates.
READ MOREIs Australia Post’s Ahmed Fahour worth more than the PM?
Ahmed Fahour receives $2.78 million for running taxpayer-owned Australia Post — the highest-paid government employee in the nation. Is he worth it?
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