Prime Minister Julia Gillard’s actual words to students at the University of Queensland this morning will be lucky to get an airing on tonight’s news.
Andrew Forrest
Our wealthy magnificent seven are more take than give
Not only do Australia’s rich give away a relatively small proportion of their wealth — but when they do, the donations are often made in unusual circumstances by businessmen with chequered histories.
Business As Usual: BP seen as co-operative … Rumours of RSPT deal and Rio, BHP shares jump …
BP has gone from “wicked British petroleum” to “co-operative BP”, manufacturing is still holding up the US recovery, soccer the great leveller and other business news of the day.
Mungo MacCallum: It’s time, Kevin, to pull your finger out
If Rudd was also some kind of a loose cannon, what was the point of keeping him? Rudd might be a bit of a letdown, but the alternative is still unconvincing.
The Twiggy that broke Rudd’s
back
If Kevin Rudd can actually win the RSPT debate and put it in place, it could transform him from a NSW Labor-style hack into a genuine reformist leader. The alternative is the political equivalent of living death.
Business As Usual: Kiwis up interest rates … Nigerian scam tied to BP spill … Is the US the new Greece?
Kiwi interest rates up for the first time in three years, leaks out of China have a big say in market performance, Nigerian scammers move on the BP oil spill and other business news.
Political snippets: Billionaires look out of place at RSPT rally
Andrew “Twiggy” Forrest did his best to disguise his billions by dressing like a common or garden mining worker. It didn’t work. Plus, a sleep update for Rudd and other business news.
Won’t someone think of the billionaires?
Daily Media Wrap: Kevin Rudd was faced yesterday with 2000 RSPT protesters, led by billionaire miners Andrew “Twiggy” Forrest and Gina Rinehart. Was commie Rudd scared into submission?
Forrest has a bit each way on China’s role
Andrew Forrest’s hypocrisy in criticising the federal government’s resource tax — and claiming it could lead to a flood of Chinese buyers — has been underlined by news of his own China dealings.
Mayne: Mining slug mainly hits multinationals, so who cares?
The new mining tax is a good initiative by the Rudd government. Tony Abbott should get behind a move that slugs huge foreign companies but benefits little Aussie battlers.
Tips and rumours: Tips and rumours: An RMIT Christmas carol
One wonders if the ghosts of Christmas past, present and future will rattle their chains and appear at RMIT. Plus, no more bookshops at Castle Towers…
APRA falls flat in face of executive pay bonanza
The new APRA standards will be little more than lip service to the insatiable remuneration packages enjoyed by executives at the large banks.
Packer: Australia’s richest once more
Australia’s richest business people have become progressively poorer in the last year. Andrew Forrest fell from number one in the Top 40 rich list thanks to losses of $5 billion.
Andrew Forrest visits Kinglake
“We don’t want the talk, we want your money”: Kinglake residents meet with Australia’s wealthiest man.
Kohler: the PM’s $42 billion false dawn
Yesterday’s fiscal stimulus package was a political announcement, not an economic one, and it will make almost no difference to the economy, writes Alan Kohler.
The Forrest plan: have they thought this through?
The Forrest plan to create employment opportunities for 50,000 Indigenous Australians has its risks, writes Professor Jon Altman.
Rich 200: The crunch takes a few victims
The party’s not over for the BRW Rich 200, but the volume’s certainly been turned down. SmartCompany’s James Thomson previews the annual guide to wealthy Australia.
