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Articles by Stephen Mayne

Mayne: Rupert risks even more self-inflicted wounds with NRL war

The Murdochs did a lot of damage to rugby league and the game will be better off by reducing their influence, going forward.

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Mayne: lessons from NSW as rate capping looms in Victoria

It’s time for Victorian councils to cap their rates.

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Mayne: how Abbott kept me off the board of Medibank Private

There are just three ASX100 companies that have a rule capping the number of board members in order to disadvantage independent board tilts. What makes these three so special?

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Mayne: mystery Packer pay packet ends noble volunteering tradition

James Packer steps aside, looks set to draw a tidy pay packet.

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Mayne: CBA declares record $3.6b dividend, asks for $5b capital injection

Raising capital is not a cheap exercise, as Commonwealth Bank has shown.

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Mayne: CBA owes its retail investors, but will it deliver?

CommBank prepares for its biggest capital raising yet.

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Mayne: how and why investment banks and boards shaft retail investors

Banks continue to oil the wheels of an unfair system.

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Mayne: Big Four banks pay shareholders $20b a year, then ask for it back

ANZ has sprinted into an opaque and secretive placement where there is no disclosure as to whom has shelled out $2.5 billion.

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Mayne: shareholder rights up for debate on carbon emissions

A landmark ruling in the Federal Court tomorrow could have big implications for the future of shareholders’ rights in Australia.

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Mayne: are firies and council staff earning too much?

If you want to trim the fat of local government, start by looking at how much public service providers, like firefighters, get paid.

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Mayne: Macquarie complains about compliance — McCann you believe the hypocrisy?

For two months now, the full board of Macquarie has been wasting everyone’s time. Yesterday’s AGM wasn’t much different.

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Mayne: more director club shenanigans to prevent external challengers

Boards seem very frightened about letting an actual outsider join their cosy ranks.

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Mayne: forget bike bans, is Melbourne killing car-sharing?

Melbourne should be willing to forego some of its parking revenue in order to encourage the environmentally sustainable business of car-sharing

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Mayne: the deck is stacked against my Macquarie board tilt

Crikey’s founder is trying his luck with Macquarie. But boards seem very keen to keep outsiders from joining their cosy club.

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Mayne: the trouble with transparency

The media often uses attempts at transparency as a free kick at politicians and business leaders. No wonder banks are so terrible when it comes to disclosure.

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Mayne: time for a citizen jury to sort out industry fund governance

We need more independent directors on boards.

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Mayne: Slaters in the gun for class action over accounting issues

Slater and Gordon’s recent snafu makes a curious case for the class action industry.

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Mayne: Keane is wrong, independent directors are needed on industry fund boards

If the Greens and Labor vote against having one-third independent directors in the Senate, they will be supporting a gerrymandered system and look captured by their union pay-masters.

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Mayne: Stokes forgives Kennett’s media history for Seven board gig

Jeff Kennett has been appointed to the board of Seven West Media. This is perhaps unusual, given his hostile relationship with the press during his premiership.

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Mayne: defeaning silence from the Oz as Rupert rigs markets

The Australian is quite clear on best practice for companies. Companies that are not owned by Rupert Murdoch, that is.

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Mayne: Coalition jellybacks cave in to self-serving media oligarchs

It certainly does seem puzzling that Australia’s two biggest and richest billionaire media moguls are able to team up to heavy a supposedly pro-business government to stop their smaller competitors from merging in the age of the internet.

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Mayne: Eddington missing in action amid Murdoch nepotism and poor disclosure

What on earth is going on at 21st Century Fox?

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Mayne: is the Sun King abdicating? Not exactly …

This latest shuffle is all about incrementally increasing Murdoch family power with the independent checks and balances of competent non-Murdoch managers being cast aside.

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Mayne: local government peak body shows disdain for council transparency

The peak national body for councils in Australia has shown its disdain for good governance and the City of Melbourne’s motion on disclosure and transparency.

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Mayne: NAB offer demonstrates paucity of media coverage on capital raisings

Why did the major business papers miss NAB’s record-breaking capital raising?

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