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Articles by Stephen Mayne

Decision 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.

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Another 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.

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Now’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.

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How 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.

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If 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.

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Media 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?

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Mayne: 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.

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Mayne: 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.

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Mayne: 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.

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Mayne: 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.

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Could 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.

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Green-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.

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Mayne: 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.

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Mayne: 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.

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Mayne: 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.

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Mayne: 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.

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Mayne: 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.

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Mayne: 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.

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GetUp! 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

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As 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.

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Can 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?

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Mayne: 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.

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Mayne: what deal did Packer and Stokes cook up in Broome?

As James Packer decides who he should sell his $1 billion controlling stake in Consolidated Media Holdings to, News Corp and Telstra have every reason to feel aggrieved.

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Mayne: dissecting the spin in Packer’s war on Star

James Packer’s expensive campaign to discredit Echo Entertainment Group chairman John Story continues afoot at the same time as the casino billionaire’s own investment record has again come into sharp focus after the latest disaster at Network Ten.

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Mayne: Arbib the latest in a long line of plum post-ministerial posts

Julia Gillard’s former sports minister Mark Arbib didn’t waste any time cashing in on his insights. But then, conservative politicians are just as guilty of grabbing plum post-ministerial jobs.

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Womens Agenda

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Smart Company

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StartupSmart

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Property Observer

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