Crikey’s story on The Australian Financial Review’s internal culture of bans and back scratching has stroke a note with many disgruntled insiders. The favouritism and cushy cliques continue…
John Durie
The Australian’s civil war over Telstra’s amigos
Good to see some diversity in News Ltd’s national rag The Australian on the issue of telecommunications.
Premature celebrations haunt markets
When, not if, markets stall, investors consumed by the current rally may well walk away bruised and battered.
Commentariat 2: John Durie the odd man out
The national business media was caught hopping by Kevin Rudd’s banking announcement yesterday afternoon, and some reacted more adroitly than others, argues Stephen Mayne.
Bizarre twists in ABC saga as ASX flexes its muscles
There hasn’t been a corporate wobble quite like this one – the press attention has been enormous, writes Stephen Mayne.
John Durie loses the plot backing Burrows conflict
The resignation of Fairfax Media deputy chairman Mark Burrows was an absolute no brainer. No company director can accept money or work from a competitor, so from the moment his gig on the CMH privatisation deal was made public on 22 January, his time on the Fairfax board was over, writes Stephen Mayne.
Centro highlights the problem of financial conglomerates
Australia’s insider trading laws ban directors and senior management from trading in stock when they are aware of market-sensitive information - and there is no specific carve-out for shares that are secured by margin loans, writes Stephen Mayne.
Mayne: Ready and available to front a Qantas class action
Another day, another surprise profit upgrade from Qantas which will now surely trigger a class action from shareholders who followed the board’s advice and quit their shares earlier in the year during the $11 billion Airlines Partners Australia bid, writes Stephen Mayne.
Fox Business Channel gets ready for lift-off
It’s all hands to the panic stations at Sky News and at The Australian as the launch date for the Australian version of the Fox Business Channel approaches, writes Glenn Dyer.
More deck chair shuffling as the AFR raids the Oz
In a major revenge raid, The AFR has poached The Australian’s recently deposed business editor Andrew White to edit its Rear Window gossip column.
