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Articles by Stephen Mayne

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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Mayne: Macquarie opts for contested board election over governance reforms

Crikey founder Stephen Maybe makes a play for the Macquarie Group board to improve governance.

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Stokes snaffles additional 6% of Seven West as small shareholders diluted

Kerry Stokes firms his grip on Seven West Media, while never paying a premium to all shareholders for control.

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Mayne: on News Corp’s ‘authoritarian anti-free speech culture’

Crikey founder Stephen Mayne has had a run-in with Herald Sun editor Damon Johnston, who believes the former to be a tin-foil-hat-wearing, overzealous defender of “over paid local govt bureaucrats and parking inspectors”.

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Mayne: shareholders fight back against payouts to outgoing CEOs

Shareholders have long opposed large payouts to CEOs at the end of their tenure. Of course, executive boards have ways of getting around democratic will.

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Mayne: NAB shows Slaters, Stokes and Gerry Harvey how to do a fair capital raising

The rich and varied tapestry of capital raisings in corporate Australia …

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Mayne: mates pass baton as Transurban proposes East-West alternative

Transurban knows how to sucker punch politicians by offering a “free” $5 billion Western Distributor in exchange for a lengthy extension to its existing toll road concession.

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Mayne: exploitation the new black as Slaters defends offer

Exploited small investors, a law firm who defends the little guy and a party who values property rights. What’s wrong with this picture?

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Mayne: Slaters now silent over capital-raising controversy

The slip of a keystroke reveals that Slater and Gordon are unwilling to discuss the massive difference in investor compensation.

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Mayne: Slaters capital raising confirms unfair system for retail investors

Capital raising’s two-tier system leaves small shareholders behind the eight ball as institutional investors clean up.

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