The line from News Limited on recognising local government in the constitution doesn’t make much sense given the value of councils to the company’s vast community newspaper network.
READ MOREArticles by Stephen Mayne
Rinehart gets on board Melbourne’s campaign to lure Rio home
It’s not often that Stephen Mayne and Gina Rinehart agree. But they’ve found common ground in urging mining giant Rio Tinto, which has recently slashed its Melbourne workforce, to relocate its headquarters from London to Australia.
READ MOREUnder Murdoch, Ten sprays bullets in all directions
The Ten Network is in deep despair with an enormous job for new CEO Hamish McLennan ahead. So why is the company firing off legal letters around commentary of its woes?
READ MOREDecision time for PM’s promise on council referendum vote
The Prime Minister faces a decision on whether to put local government recognition to a referendum. The Municipal Association of Victoria is currently hosting the debate.
READ MOREAnother year, another round of media failures on campaign finance
The release of donations data should be one of the year’s biggest dumps of hot political news. It’s high time the mainstream media stopped turning a blind eye and started asking questions.
READ MORENow’s the time to secure Rio Tinto HQ for Australia
Gina Rinehart has called for it, and it makes a lot of sense: bringing Rio Tinto home. Applying some board pressure could force new CEO Sam Walsh to shift HQ to Perth.
READ MOREHow Citi and Network Ten’s cabal of billionaires shafted retail investors
Ten Network Holdings is offering a bargain basement four-for-five share offer at 20c tomorrow. Shareholders might be advised to get involved.
READ MOREIf Lachlan wasn’t a Murdoch, he’d be gone from Ten
With the Ten Network in the doldrums and solutions thin on the floor of the AGM yesterday, time’s up for chairman Lachlan Murdoch. He’s just not up to the task.
READ MOREMedia cuddles up to Packer with few hard questions
James Packer is getting a dream run from the media on his plans for a Sydney casino. Why isn’t anyone asking harder questions about his strategy?
READ MOREMayne: the real story behind the Cochlear pay revolt
A shareholder revolt against the issuing of options to Cochlear’s CEO elicited some interesting information at the company’s AGM yesterday.
READ MOREMayne: why the Big Four banks should be brought to heel
The story of the Commonwealth Bank’s extraordinary profits is one of market share, market power, credit quality and huge volume growth on home loans ever since Paul Keating introduced compulsory superannuation.
READ MOREMayne: our biz performance well behind Olympic record
Market capitalisation of listed companies is arguably the best public measure of who is creating private wealth in our globalised world — and it correlates reasonably well against the Olympics medal count.
READ MOREMayne: how a rainbow coalition saved ALP in Melbourne
There may have been a record 16 candidates in the Melbourne byelection but only two them bothered to turn up for this morning’s formal declaration of the poll. It told the tale of the tape.
READ MORECould a Greens-Lib deal knock off Danby, Ferguson, Shorten?
If the Victorian Liberals were smart at the next federal election they could do a deal with the Greens to shore up Bandt in Melbourne and undermine some key Labor Right ministers who are particularly hostile to the Greens.
READ MOREGreen-hating News Ltd confirms Howes on the payroll
Ever since Senator John Faulkner told Paul Howes to “put a sock in it” last Sunday, the frenetic media tart, AWU national secretary and political kingmaker has been surprisingly quiet.
READ MOREMayne: ALP dossier attacks supporter as ‘Green stooge’
In terms of own goals, the Labor Right war machine has reached new levels of productivity in attacks on its own supporters in the Melbourne byelection.
READ MOREMayne: how to reform Australia’s takeover laws
ASIC boss Greg Medcraft is making plenty of noise about reviewing Australia’s takeover provisions to protect minority shareholders from so-called creeping takeover bids.
READ MOREMayne: the Herald Sun unfairly maligned councillors
In his first day as Herald Sun editor, Damon Johnston decided to take a whack at Victoria’s 665 elected local government councillors.
READ MOREMayne: Woolies, Rupert, Packer play corporate democracy game
Whoever would have thought the almighty US Republican Party would end up having a rich kid from Toorak as its most powerful kingmaker, even to the point of publicly lecturing an endorsed presidential candidate about staff selection on Twitter.
READ MOREMayne: demerger gives Rupert whip hand on dynastic carve-up
Always remember this: Rupert Murdoch loves newspapers and is a control freak who fanatically obsesses about sustaining his family’s powerful dynasty.
READ MOREMayne: are Bolt and McCrann writing Rinehart’s Fairfax lines?
McCrann and Bolt have become self-appointed chief leaders in Gina Rinehart’s attempt to seize board and editorial control of Fairfax Media.
READ MOREGetUp! hits Woolies with EGM tactic from Packer playbook
After James Packer blazed the trail and demonstrated how a full-on media campaign, combined with the calling of an EGM, can destabilise a public company, GetUp! has followed in his footsteps
READ MOREAs News and Fairfax vacate, local councils should open up
For all the hand-wringing about the future of journalism and the importance of quality newspapers for our democracy, there’s a very simple solution.
READ MORECan the independent KGB survive the News Corp gulag?
Will the Business Spectator doyens of business journalism, who deliberately named their business Australian Independent Business Media, now pull their punches on News Corp’s appalling corporate governance?
READ MOREMayne: would Gina oppress minority Fairfax shareholders?
Having seen how Gina Rinehart treats her kids, does any self-interested Fairfax Media investor seriously fancy being a minority shareholder in a complex beast controlled by Australia’s most litigious Rich Lister.
READ MORE

















