From the Crikey grapevine, the latest tips and rumours …

New kid on the think tank block. You know the IPA, there’s the Lowy Institute, the Sydney Institute, the Australia Institute, the Grattan Institute and other "policy" chatterboxes. Now there’s a new one on the way. Magellan Financial Group, a 10-year-old listed investment manager (with $40 billion under management) is planning a small operation next year. In the company’s 2015-16 financial report released yesterday, directors revealed that: