Tips and rumours

Oct 12, 2017

Tips and rumours

Insurance costs to hit record highs ... we all adore our New York Times .. Stutchbury the younger takes over the NSW Young Liberals ....

From the Crikey grapevine, the latest tips and rumours …

Stutchbury the lede. Ms Tips has noted with interest that Harry Stutchbury, son of Australian Financial Review editor-in-chief Michael Stutchbury is taking over as the head of the New South Wales Young Liberals, joining the company of a fairly illustrious (or at least high profile) group of conservatives (former NSW presidents count among their number John Howard, Gladys Berejiklian, Joe Hockey and Phillip Ruddock). Stutchbury replaces the equally media adjacent Alex Dore (nephew of Daily Telegraph editor Chris Dore). Stuchbury the younger is a staffer at the NSW branch of the Minerals Council of Australia, and what raised an eyebrow or two in the Crikey bunker was looking back at the Fin coverage of the Mineral Council over the last few months. It hasn't been all rainbows and joy: reporting on the frustration MCA members (particularly BHP, who is reviewing its membership) feel at the Council's coal-focused response to the Finkel review and telling investors "Don't buy the Minerals Council costings of coal power". Trouble at home? Are we to see more intense coverage of the NSW Young Libs in coming months? Contact us if you know more. 

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7 thoughts on “Tips and rumours

  1. Decorum

    “But perhaps Gillard could show a little more candour about the reasons for her previous stances.” Perhaps one of them was genuine and the candour is needed about her present stance? Ms Gillard, whether vain or weather vane, has sincere views that accord with the polls once again.

  2. Roger Clifton

    There is a way for loudmouth climate deniers to put their money where their mouth is. “Catastrophe bonds” (look it up!) are offered by insurance companies to reduce their risk in the event of extensive damage due to hurricanes, et cetera. The CAT bond returns a tidy premium proportional to the risk estimated by those who do believe in climate warming. As long as the disaster does not occur, the denialist makes a tidy profit, winning the bet. If the disaster does occur, the insurance company draws on the CAT bond to cover the claims, and the denialist may lose his bet entirely.

    1. Barry Reynolds

      Something similar occurred in the 90’s and early naughties and Lloyd’s of London. Quite a few of the Tasmanian midlands squatocracy went belly up when there was a run of maritime incidents.

  3. zut alors

    Despite the fact that I follow several news sources I was unaware Kevin Rudd
    ‘…can(not) seemingly walk past a reflective surface without telling it in detail what the current prime minister should be doing…’

    Quite the opposite. Apart from when he was screwed over by Turnbull on the UN Secretary-General job, Rudd has kept a low profile in the MSM. To lump him in the same category/sentence along with Abbott is an injustice. Play fair.

    1. CML

      Good comment, Zut!
      Some people read too much crap in the Limited News papers perhaps???

  4. Peter Schulz

    15 – 20 years ago I saw a documentary on SBS where an executive of a large reinsurance firm in Germany (the German equivalent of Lloyds of London) warned that within a generation or two, climate change would increase the frequency and severity of disasters to an extent that would bankrupt the world economy. This man was not a greenie or a socialist, just a highly paid insurance executive paid to analyze risk. And then fools like Abbott and Turnbull reckon we can’t afford to mitigate climate change!

  5. klewso

    “Screaming Lord Stutch”? How does such a conservative lick-spittle become editor of a “news” paper?

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