The AFR should be calling for a major review into CFDs and the way the ASX has championed their development and distribution, not offering itself as a vehicle through which they can be further marketed, writes Stephen Mayne.
ASX 
MFS financials are a shambles … surprise!
MFS’s financials are a compete shambles. The company burnt cash like a dot.com during the December half, writes Adam Schwab.
Conflicts here, conflicts there, conflicts everybloodywhere
Conflict of interest crops up all too frequently in Australian business, political and media life and unfortunately we’re seeing quite an avalanche right now, writes Stephen Mayne.
Grading ASIC boss Tony D’Aloisio — a Crikey scorecard
ASIC boss Tony D’Aloisio celebrates a year in the job next month. How has the former ASX CEO handled ASIC, asks Alex Mitchell?
Who’d be a spinner for ANZ, ASX or MFS?
The world of the inhouse corporate spindoctor has never been an easy one but spare a thought for those responsible for media relations at three poisonous acronyms: ASX, ANZ and MFS, writes Stephen Mayne.
Time for ASX, ANZ and friends to start writing Opes Prime cheques
Opes Prime creditors who still believe they are only going to get 30c in the dollar, should buy The AFR today because it will cheer them up no end, writes Stephen Mayne.
Crikey Says: Crikey Says
The failure of the Opes Prime group and the daily disclosures of conflicts of interest, poor administration, indifferent regulation and the overriding air of collusive secrecy, is enough justification for an inquiry into the Australian financial markets.
QBE chairman lets fly at ASX conflict
QBE chairman John Cloney has accused the ASX of a regulatory conflict of interest which is damaging the market, reports Glenn Dyer.
Opes fiasco must end the ASX regulatory monopoly
The ASX will “die in a ditch” to retain regulatory powers but the Opes Prime fiasco will almost certainly put paid to its ambitions, writes Stephen Mayne.
Tips and rumours
Apparently, the Department of the Prime Minister and Cabinet have asked for volunteers within its Department to take notes at the 2020 summit. That’s volunteers … i.e. unpaid work over a weekend. They are selling it as a great development/career opportunity. Fabulous!
Those hoping for a night of the long knives scenario in the senior ranks of […]
More questions than answers on Bendigo Bank’s rising share price
The ASX asks Bendigo Bank if it knows why its share price rose strongly this week and the bank days “no”. On the face of it that was a perfectly reasonable question and answer writes Glenn Dyer.
Nifty Neville blows Wind Hydrogen
After less than two months on the ASX, what a curious little company Wind Hydrogen Ltd is proving to be, full of sound and green promises, but looking more speculative by the day, and none too rewarding thus far for the investors talked into punting $12 million on the IPO, writes Michael Pascoe.
Run Corp panto heads to court
The Run Corp pantomime has just started another act, with the property management company obtaining a Federal Court injunction against well-known Sydney agent, John McGrath, for allegedly breaching a “non-compete” agreement.
Costello calms the markets with the big lie
ABC radio’s chief political correspondent Chris Uhlmann was only half joking yesterday when he claimed the remarkable 200 point afternoon stockmarket rally coincided with reassuring statements from Treasurer Peter Costello during Question Time.
Our U-deal with India: what cost the NPT?
Shuold we or shouldn’t we, and what does it mean for the nuclear non-proliferation treaty? Those are just some of the questions surrounding the federal government’s decision to sell uranium to India.
RAMS hammered, the market plunges
Troubled home lender, RAMS Home Loans Group has failed to finance more than $6 billion dollars in short term debt two days after it warned that the subprime mortgage mess and credit market strains would have a “material” impact on the company’s earnings.
Foxtel: now more profitable than the Nine Network
Here’s something to terrify the beancounters at PBL Media. Foxtel is now more profitable than the struggling Nine Network stations of PBL Media.
Rio Tinto gets hot for aluminium. What’s next?
Now that CEO Tom Albanese has flashed Rio Tinto’s cash with a record-breaking $44 billion bid for Canadian aluminium producer, Alcan, it’s a no-brainer to forecast that BHP Billiton’s new CEO, Marius Kloppers, will be forced to follow with an even bigger bid for Alcoa.
Media briefs and TV ratings
New director for Fairfax Media … Diana, Origin and Sea Patrol should give Nine a rare ratings win … Dancing Daryl going back to the future? … Last night’s TV ratings.
