Millionaires are more common in politics than most voters would think. As Clive Palmer prepares for parliament, LeadingCompany’s Kath Walters follows the money.
Business / Players
Rupert Murdoch deemed ‘not fit’ to lead News
Crikey media wrap: Mogul Rupert Murdoch has been declared “not a fit person” to lead a major organisation in a new report by the UK parliamentary committee examining the News of the World phone hacking scandal.
Pill peddlers Swisse deploy Delta ahead of ‘clinically proven’ court ruling
Another weekend, another excellent Sunday Herald Sun article talking up pill peddlers Swisse Vitamins in their PR war to fend off the Therapeutic Goods Administration.
Breaking down the boy’s club: 10 top Aussie female tech entrepreneurs
To say there is a gender imbalance in Australia’s tech industry entrepreneurs is an understatement, but nevertheless some of Australia’s leading tech start-ups are headed by women, writes Oliver Milman and Michelle Hammond.
Nerf guns at 10 paces: Hasbro faces boycott after siccing lawyers onto fan site
US-based toy multinational Hasbro is embroiled in a damaging Internet scandal.
Joye: what inflation means for RBA interest rates in May
With much talk about the ABS inflation data and the potential ramifications this will have for the RBA’s May rates decision, I thought I would pull together my own “cheat sheet”, writes Christopher Joye of Property Observer.
From the Lindsay Fox playbook: how to party like a billionaire
Has anyone in Australia been able to top Lindsay Fox’s three-day bender held in honour of his 75th birthday in 2007? James Thomson scours the high-price party scene to find out.
Rupert’s tactics just his old obfuscation tricks wrapped up in tweets
Rupert Murdoch was up to his old tricks at the weekend, this time diverting attention from pressure that is about to be applied to himself and son James in London.
AFACT’s appeal against iiNet decision dismissed
Internet service provider iiNet just won its long-running legal battle against the massed forces of Hollywood, but there’s some gotchas buried in the High Court decision.
Twiggy’s big reveal — two years later. So what’s he up to?
Mining magnate Andrew “Twiggy” Forrest has scored an extraordinary PR coup by enlisting two of the nation’s top journalists to turn a two-year-old story.
Rich kids: the young-guns making billions in global business
Who are the richest people aged 30 and under? As Smart Company names the Australian young-guns, James Thomson calculates the world’s richest.
The perks of hiring friends and family
It is often cited as a cardinal rule for new businesses: don’t hire friends or family. James Milne of Myriad Technologies did just that — and never looked back, writes Michelle Hammond.
Solomon Lew’s private affair in a public arena
Solomon Lew is a man who normally gets his way: that’s often the case with billionaires, writes James Kirby of Business Spectator.
Star inquiry: high rollers, high management and call to ‘bring on the pussy’
For a man who was elected on a platform of cleaning up the “Labor mates” culture and “sleaze” of the previous 16 years, NSW Premier Barry O’Farrell is making a very poor fist of the latest scandal at The Star casino.
News Corp’s phone-hacking bill passes $400m … and climbing
The UK phone-hacking scandal has been a half-a-billion-dollar headache for News Corporation already … and the cost is rising.
Facebook buys Instagram’s buzz in lead-up to share float
Facebook’s billion-dollar purchase of Instagram may look extravagant, but it makes sense if you consider scale, strategy, timing and the not-talked-about streams of personal data.
Learning from the mistakes of the Rineharts
The Rinehart family dispute can imparts a handful of valuable lessons about preventing conflicts surrounding wealthy estates. Stephen Cribb lists five.
BOF’s man quits as casino inquiry hears of sex, Viagra, white powder
It’s hard to know why NSW Premier Barry O’Farrell has taken such a body blow for someone as inconsequential as Peter Grimshaw.
Fin Review’s ideological battle: Quiggin boned from op-ed pages
Twenty-year Australian Financial Review veteran John Quiggin has been sacked from the business daily, apparently due to ideological differences with the paper’s bullish boss Michael Stuchbury.
‘Just another crazy’: Rupert Murdoch’s week of horrors
News Corp suffered three hefty hammer blows in the space of as many days, writes David Salter, veteran journalist and former Media Watch executive producer.
What makes a world-class CEO?
BHP Billiton has a world-class CEO, according to a list of the world’s 30 best corporate head honchos compiled by American business mag Barron. But what makes a great CEO? Myriam Robin has some answers.
Singapore Airlines’ Scoot is cute, except in China that is …
Scoot is also a difficult term to translate into Chinese and other Asian languages, as in ‘flee’ as in a robber ‘fleeing’ the scene of a crime. This is like Qantas insisting on calling itself the ‘Spirit of Australia’ in Japan, which translates as the ‘ghost of Australia’.
Milking the NGO cash cow
Wall Street executives aren’t the only people positioned in the notorious “one percent” the Occupy movement have been banging on about. The nonprofit sector also houses the excessively rich, writes Steven Thrasher.
Behind the Seams: the science behind CSG’s clean credentials
Much more adequate data and detailed modelling must be carried out before a science-based public policy position can be reached on the issue of CSG and its clean energy status, writes FAQ Research’s Rebecca McNicholl.
