The execution of Van Nguyen at 9am on Friday morning was always going to dominate the news over the following 24 hours, but wasn’t it interesting how many other relatively major events just happened to occur on such a busy news day.

Friday is well known as the best day to dump bad news because there are no shock jocks on Saturday and newspapers have earlier deadlines and smaller news sections due to the preponderance of weekend feature material and advertising liftouts.

Friday is also the busiest day of the week, so the public is often too busy to take notice – which explains why Stateline usually rates worse than The 7.30 Report. Staying back after work for a drink, heading off for the weekend or just hitting the town are other reasons why the evening news has fewer viewers on Fridays.

If Rob Gerard had any sense he would have resigned by Tuesday afternoon after seeing the towelling that Peter Costello suffered in Question Time. Hanging around till Friday afternoon just magnified the problems for all parties, even if the resignation itself was slightly lost in the avalanche of other news.

The government would ordinarily have been caned for bringing out the guillotine on the industrial relations debate in the Senate, but they ended up passing relatively unscathed on Friday afternoon with only modest outrage.

Similarly, banks have long been known for cynical timing as you can see from these dates for the last 10 AGMs of the big five:

CBA 2004: Friday, November 5
CBA 2005: Friday, October 28
SGB 2003: Friday, December 19
SGB 2004: Friday, December 17
ANZ 2003: Friday, December 19
ANZ 2004: Friday, December 17
NAB 2003: Friday, December 19
NAB 2005: Monday, January 31
WBC 2003: Thursday, December 11, 2003
WBC 2004: Thursday, December 16, 2004 (in Auckland)

And so it was on Friday when NAB dumped 392 pages of information in their concise annual report and full financial report. Surprise, surprise, CEO John Stewart and his heir apparent Ahmed Fahour both collected a very tasty $5.9 million, but please don’t tell anyone that they have recently surrendered the title of most valuable bank to the CBA.