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Glenn Dyer

Glenn Dyer —

Crikey business and media commentator

What the Toll bid means for Branson, Corrigan and Patrick

What the Toll bid means for Branson, Corrigan and Patrick

There aren’t going to be many tears shed for Chris Corrigan and his gang at Patrick Corporation as rival transport group Toll Holdings bids for the company – least of all from a revenge-seeking Richard Branson. Here’s an early report on the proposed offer. The whole point of the deal hinges on Toll’s ability to […]

Branson's swift nod for the Toll bid

Branson's swift nod for the Toll bid

Dickie Branson didn’t wait long to offer his views about the Toll bid for Patrick. Within three hours of the Toll offer being revealed, his Virgin group issued a statement welcoming it, predicting that Toll’s contribution will be “valuable” and will “create a much broader shareholder base” for Virgin Blue. “As a minority shareholder we […]

Woolies grows even stronger

Woolies grows even stronger

It’s only a small point to many people, but amid all the record earnings hype and higher dividends at Woolworths, the reduction in the ‘stock turn’ highlights just how efficient and how powerful the country’s most profitable retailer is becoming. It’s also a sign that perhaps Woolies hasn’t been as quick to pass on all […]

The football fight over ratings

The football fight over ratings

The Rugby Union Test between Australia and South Africa saw the Wobblies lose. It was the fourth loss for the Wallabies, the worst performance since 1982. The battle in tellie land is much closer, and even though the mighty Nine Network continues to have the shakes, it still got home last week. Seven’s telecast of […]

Perpetual Trustees' cheeky chairman appointment

Perpetual Trustees' cheeky chairman appointment

You’d think that a board member of Perpetual Trustees and the company itself would fully understand the ins and outs of proper corporate governance, which makes the appointment of board member Bob Savage as chairman of the Sydney based investment group to replace the departing Charles Curran a bit rude. That will be Bob Savage’s […]

Perpetual Trustees' cheeky appointment

Perpetual Trustees' cheeky appointment

I thought that a board member of Perpetual Trustees, indeed the company would have been fully aware of the ins and outs and other nuances of the corporate governance debate. But the appointment of board member, Bob Savage, to replace the departing Charles Curran as Chairman of the Sydney based investment group – as announced […]

The big Murdoch rumour at Nine

The big Murdoch rumour at Nine

Lachie Murdoch certainly hasn’t wasted time since he returned home last weekend. He’s set up a new company, he turned up at the News Ltd office, and now there’s a big new rumour – that he is going to buy the Nine Network. That’s the improbable scenario that has been occupying the minds of staff […]

More of what the film industry doesn't need

More of what the film industry doesn't need

While the film industry and assorted luvvies are crying, and people are staying away from the movies regardless of the film or the actors, and box office revenues are down 11-12% in the first half of the year, there have been cries for the Federal Government to do more to help. Reasons for the decline […]

Qantas chief Geoff Dixon: Chicken Little or just prudent?

Qantas chief Geoff Dixon: Chicken Little or just prudent?

The Qantas profit result released this morning has turned out to be a bit better than the doom-ladened warnings from CEO Geoff Dixon and his management team predicted. And as usual, like Chicken Little, there’s a forecast of tougher times ahead for one of the world’s most profitable airlines, with Dixon saying it will be […]

The great ABC radio experiment

The great ABC radio experiment

ABC radio management in Sydney are very nervous people. They’ve just launched the biggest radio experiment in recent years by replacing two high-profile presenters with two unknowns, one of whom comes from – shock , horror – Melbourne. That’s the effect of the controversial removal of Sally Loane last week from mornings on 702, her […]