Business

Forget the bush! What about the monopoly?

July 28, 2002

We're a little concerned that all the talk on when it will be ok for the government to sell Telstra has focused on whether services to the bush are adequate.

This bloke was a footy club director?!

July 21, 2002

Our Sydney stirrer, Crullers, went along to see Brad Cooper's first three hours in the witness box at the HIH Royal Commission. Crullers was the lone voice of dissent in calling for Cooper to be removed from the Collingwood board back at their December AGM, and after seeing Cooper in the flesh, feels thoroughly vindicated.

Government uses ASIC to tax rather than properly regulate

July 21, 2002

Denise Brailey made her name fighting dodgy finance brokers in Western Australia so she is well qualified to comment on the inadequacies of our corporate watchdog ASIC.

Giant US ambulance chasers targeting NAB – where is the ASX?

July 14, 2002

One of the most feared class-action legal firms in America appears to be gunning for the NAB in the $30 billion AUSMAQ case but, incredibly, the ASX still hasn't insisted that the market be told. Barry Banker reports.

Crooked accounting by dodgy politicians

July 14, 2002

Ursula Irregularity, a philosophising sole subscriber and business guru, muses that government accounting is often more dodgy than corporate accounting yet politicians and bureaucrats are clearly not driven by greed.

What do these people want for their $1450 gift to WA Labor

July 7, 2002

Crikey absolutely hates this system where business pay to have access to political conferences and we are going to name the people who participate in this grubby fundraising technique for the major political parties, starting with the upcoming WA ALP state conference.

The real cost of points is starting to show

July 7, 2002

Crikey is sick of getting ripped off by credit card companies and happily publishes these tales from others who have noticed some big clamp downs on their frequent flyer points.

Peter Mair to be axed as racing advocate by Dick Face

July 7, 2002

Australia's leading consumer racing advocate Peter Mair is being axed by a special act of Parliament brought on by Racing Minister Dick Face.

AGL special general meeting

June 30, 2002

AGL's proprietors were finally given the chance to give the nod to changes to the company's constitution, including lifting the archaic 5% shareholder limit.

The roll call of Australian corporate disasters

June 30, 2002

Heroic Australian Treasurer, Peter Costello's recent 'guarantee' of the wholesomeness of Australia's 'vertically integrated' government-judicial-regulatory-media corporate and legal culture might be a bit premature if not downright dangerous. To quote Ayn Rand's novel "Atlas Shrugged" "when you see that money is flowing to those who deal not in goods, but in favours when you see that men get richer by graft and by pull than by workyou may know that your society is doomed." Buddy Galt, foreign financial correspondent reports.