KPMG’s approval of Macquarie Airports’ $345 million bounty is kind of like saying a thief who steals your wallet was being fair and reasonable because they didn’t shoot you afterwards.
Macquarie Bank 
Stockland Group far from “bulletproof”
Listed property group Stockland’s claims about the health of its balance sheet deserve serious scrutiny, particularly in light of yesterday’s results.
Onerous at the top: executive pay still on the up and up
Falls in executive remuneration have not shown an especially close correlation to shareholder returns, but at least the runaway freight train of CEO pay has ground to a halt.
MIG makes mugs of us all
There are plenty of examples of the cupidity involved in the Macquarie Group/Bank model of investor fee clipping and rorting, writes Glenn Dyer.
MacBank promises much, but fails to deliver, again
Yesterday Macquarie were embarrassed when their ham-fisted attempt to gazump the China Minmetals’ cash offer for assets in OZ Minerals, fell over, again in an embarrassing fashion.
Premature celebrations haunt markets
When, not if, markets stall, investors consumed by the current rally may well walk away bruised and battered.
Investors waking up on capital raisings
Australian investors are finally aware of the hundreds of thousands of dollars to be made as companies tap the market for cash, says Stephen Mayne.
Big banks grow fatter at taxpayer expense
The Federal Government’s guarantee for Australian bank deposits and borrowings has done its work. It’s time to scrap it.
Macquarie’s 1.7% tax rate rort
Did Macquarie Bank actually make a profit in the year to March?
Macquarie: swimming in Rudd’s largesse
Without the Rudd Government’s deposit guarantee, Macquarie Bank would have had a tough time surviving.
Nicholas Moore’s pay plummets
Macquarie Bank released its yearly results this morning, announcing a sharp decrease in revenue and profit.
Bolton’s greenmail could turn brown
Yesterday’s farcical shenanigans at the BrisConnections unit-holders meeting could be the beginning of the end for renegade shareholder Nick Bolton.
Brisconnections and Macbank is no David and Goliath
The plot of the BrisConnections fiasco resembles that of a poorly written stage-play. A prose full of twists and turns, with no heroes, but plenty of villains.
A victory for journalism, but with a pinch of salt
Macquarie Bank’s protracted defamation case against the The Australian over a 2005 article about the bank’s involvement with the Beaconsfield Mine has been dismissed with costs, writes Chris Paver.
Suncorp battens down the hatches
The future independence of Brisbane-based Suncorp Metway is in doubt after it revealed a sharp drop in profit, writes Glenn Dyer.
Media players muddy the waters in ASIC rumourtrage crackdown
ASIC’s rumourtage crackdown is all about getting factual market information through to the public, writes Stephen Mayne.
Shorting ban causes bedlam as Macquarie recovers again
The remarkable decision by ASIC yesterday to ban all short-selling for 30 days caused a delay in the opening of trade this morning as investors scrambled to work out what it all meant, writes Stephen Mayne.
What’s next ASIC? Ban trading altogether?
We now have the second most restricted market in the world, writes Michael Pascoe.
Macquarie should break its silence
With its stock price plunging, Macquarie needs to remind the market that it’s not at all like Bear, Lehman or Merrill, writes Tony Boyd.
Credit crunch puts Big Banks back in control
Australia’s five major banks are all but back in control of the home loan market after 15 years of being pounded by non-bank lenders, writes Glenn Dyer.
Victims everywhere as panic selling sets in
There’s blood on the streets today as the Australian stockmarket extended its run to 12 straight losses and posted its biggest percentage drop for the year. The victims are everywhere, writes Stephen Mayne.
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Holmes à Court: Rabbitohs’ US venture worth a go … London has two mayors … perils of changing lenders … cricket debate rolls on … CASA disclosure … Sydney Festival … nuclear power …
What should be in Kevin Rudd’s ministerial code?
With Kevin Rudd again delaying the release of his ministerial code of conduct, perhaps it’s time to spell out a few key areas that should be addressed. The first principle is that “sunshine is the best disinfectant” – the onus should always be on maximising timely disclosure.
A bad time to win government? The economists’ view
With inflation hitting the top of the RBA’s target band and continued fragility in US markets, Crikey asked a panel of leading economists if now is a bad time to win government.
