Stephen Mayne founded Crikey in February 2000, and has remained as a contributor since selling it in 2005. He’s a former political staffer and local government councillor who also pursues shareholder advocacy as a director of the Australian Shareholders’ Association and campaigns broadly for transparency and accountability across the media, business and political sectors.
Whilst ASIC has received the mother of all beltings in today’s papers for the failure to string up former One.Tel CEO Jodee Rich, more attention should be focused on the role played by Australia’s politicians and the Murdoch and Packer families.
Roger Corbett’s Christian values didn’t appear to count for much when the opportunity presented for Woolies to leap into the pokies business. Why is the anti-gambling Salvation Army associated with someone who actively supports pokies?
The man who used to like two-minute chairman addresses went on for half-an-hour at yesterday's Crown AGM, boasting of PBL's recent performance and making some pre-emptive attacks against the anti-pokies lobby.
The so-called no-vacancy rule makes getting on a public company board impossible for outsiders. Forcing institutions to disclose how they vote will further expose the old boys' network, starting with Fairfax.