If you’re powerful, you already know who John Connolly is. If you’re not, you almost certainly won’t. And that’s exactly how he likes it. The only photo of him on the web is 20 years old; there are no profiles on him in the newspaper archives. Most years, his name doesn’t appear in print at […]
Search results for macquarie+pen
New think tank for regions fulfils hung parliament promise
It seems appropriate during the ALP leadership squabble that one of those hung parliament initiatives that sealed Julia Gillard’s prime ministership, a new think tank dedicated to regional issues is set to launch next week.
Sackwatch 14: Qantas, ANZ, Westpac line up on the list
The long slow death of Australian manufacturing has prompted Crikey to provisionally rehabilitate its popular and highly regarded Sackwatch column, last seen in mid-2009 when we tracked the fallout in corporate Australia in the aftermath of the global financial crisis.
Tips and rumours: Tips and rumours
Where will Barry O’Farrell cut next? The recent drama around cuts to foster carer payments in NSW is just the tip of the iceberg, reckons one anonymous insider from Macquarie Street: “After a weird post-election twilight zone in 2011, it seems like the O’Farrell government is finally moving and people are being made to work on […]
Thousands of jobs gone
Crikey media wrap: A volatile financial climate — thanks to a high Aussie dollar and pressures from Europe — is resulting in thousands of Australian jobs being cut from finance, retail and manufacturing industries.
Morning Market Report: Markets up as US unemployment rate falls to three year low
The market is up 50. The SFE Futures were up 56 this morning. The Dow closed up 157 on Friday after a better than expected jobs report. The S&P 500 was up 1.5% and was up more than 2% for the week for its fifth straight weekly gain. The Nasdaq rose 1.6% to an 11-year […]
Tips and rumours: Tips and rumours
Are the mentally ill still in need? A local from the flood-hit regions of Queensland relays a sad story: a raft of people throughout the Lockyer and Brisbane valleys plus Ipswich and greater Brisbane continue to suffer post-traumatic stress, they say, either knowingly or unknowingly. “They need to have psychological and economic assistance attention. Particularly children. The […]
Tips and rumours: Tips and rumours
Abbott appearance long promoted. Asks one Crikey reader: “Wasn’t Tony Abbott’s name listed outside the Lobby as attending the Australia Day ceremony for at least a week beforehand?” We’re not sure, was it? Can-Do’s first task: pulling back payouts. If Campbell Newman has the chance to stride into the rather dowdy premier’s office after the Queensland election, one of […]
Electoral funding figures show Labor’s donations collapse
Labor’s donations advantage vanished at the 2010 election, new data from the Australian Electoral Commission shows.
ASIC boss rubs shoulders with the business elites
John Symond last week held his traditional end-of-year soiree at his Point Piper mansion, an event that featured the usual roll call of elite business figures.
Our big four banks still among the world’s most creditworthy
Australia’s AAA sovereign rating from all three ratings groups is another reason the impact on funding costs will be minimal.
Morning Market Report: Markets up as US good news covers bad news from Europe
Better than expected US economic data offset continuing European issues.
The Power Index: cracking open the secret world of lobbyists
Few occupations are as shrouded in mystery and stigma as lobbying. The very word conjures up images of panama hat wearing ex-pollies, winks in the corridors of Parliament House and deals stitched up over long, boozy lunches. No wonder so many of the people featured on our Lobbyists Power List asked us to call them […]
Tips and rumours: Tips and rumours
Arts cuts at Macquarie Uni. After flagging cuts to the science faculty at the University of Melbourne yesterday, a Macquarie University insider says the same is happening in science and arts in Sydney. They write: “The arts budget has been progressively cut (in real and absolute terms) over the last five years (2009: $44 million; 2010: […]
Power Shots: Power Shots: ‘Mafia boss’ Murdoch … Aunty’s digital ideas … is Alan Jones the answer? …
Nil-nil: ‘Mafia boss’ Murdoch convinces no one. James Murdoch utterly failed to convince British MPs last night that he is telling the truth about the News of the World phone hacking scandal. But neither did he run up the white flag, accept he’d lied to parliament or admit he’d been caught red-handed. So I guess […]
Millions of taxpayers’ dollars propping up non-bank mortgages
The Australian Office of Financial Management, under the auspices of the world’s greatest Treasurer, Wayne Swan, has been spending billions of dollars of taxpayer money propping up the non-bank mortgage sector.
Morning Market Report: Markets rebound on positive Euro news
There were two catalysts overnight for market optimism.
The victims list of the Eurozone crisis is about to get longer
Are we are about to see the second failure of the current eurozone financial crisis with a big US broker struggling to survive?
Trapped in the overlap: Southern Cross Austereo takes on ACMA
A media company is taking ACMA to court to stop the forced sale of radio stations. But gaming the media ownership laws is no longer as easy as it once was.
Should the Murdochs be allowed to expand their Australian power?
The Australian’s media commentator Mark Day scored a big scoop today on the ongoing bureaucratic support for Sky News to replace the ABC as the vehicle for the Australian Television contract.
Morning Market Report: Markets up as volatility continues
It was the ninth straight day that the Dow has swung more than 100 points.
Bolt decision: Anita Heiss hopes for ‘more responsible media’
Anita Heiss’ statement on Eatock versus HWT.
Power Shots: Power Shots: Bolt MTR shake-up … Coles v Woolies pay gap … Gates to visit Sydney? …
Bolt & Co face shake-up at MTR. Poorly performing Melbourne talkback station MTR is about to get a major overhaul — and may still be sold off altogether. MTR — whose roll call of announcers includes Steve Price, Andrew Bolt, Sam Newman and Steve Vizard — has been a ratings flop since its launch last April. The latest ratings survey shows its […]
Port Paper company collapses after Oakeshott cries foul
A purportedly “independent newspaper” set up by National Party staffers to secretly attack Lyne MP Rob Oakeshott under the cover of journalistic impartiality has collapsed.
Tips and rumours: Tips and rumours
New Twitter mole in Canberra. First there was @MacqStObserver, the bitchy insider account at NSW parliament that kept hacks and flacks guessing on its identity (only to mysteriously disappear late last week). Now we present @CanberraInsider, which since launching on Saturday has begun dishing the dirt in federal political circles. Some choice cuts: “Few glasses […]
