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Board clean-out won’t save Commonwealth from world of pain

Board clean-out won’t save Commonwealth from world of pain

Crikey September 4, 2017 5 Comments

The clean-out of the Commonwealth Bank board continues, but nothing will stop foreign regulators from pursuing the kinds of fines that will make local regulatory efforts look innocuous, Glenn Dyer and Bernard Keane write.

The many, many losers (and a few winners) from the CBS-Ten takeover

The many, many losers (and a few winners) from the CBS-Ten takeover

Glenn Dyer August 29, 2017 3 Comments

With CBS taking over Ten Network Holdings the entire Australian media landscape seems set for terraforming. Glenn Dyer breaks down the winners, losers and big changes of this complicated transaction.

CBS swoops on Ten, humiliating Lachlan Murdoch and Bruce Gordon

CBS swoops on Ten, humiliating Lachlan Murdoch and Bruce Gordon

Crikey August 28, 2017 8 Comments

Media goliath CBS looks set to buy Ten Network Holdings out of administration, surprising prospective buyers Lachlan Murdoch and Bruce Gordon. Stephen Mayne and Glenn Dyer ask: what does this mean for the future of the Australian media landscape?

King deposed, business lobby in tatters

King deposed, business lobby in tatters

Crikey August 24, 2017 3 Comments

The Business Council of Australia has major problems, with chair Grant King bailing out on a short-lived board position with BHP, and CBA head Ian Narev struggling with the money laundering crisis, Bernard Keane and Glenn Dyer write.

Peter Costello doubles down on GFC denialism

Peter Costello doubles down on GFC denialism

Bernard Keane August 22, 2017 6 Comments

Peter Costello doesn't know much about the global financial crisis. But he knows what he likes: punitive financial measures.

Even free trade advocates are blasting free trade agreements now

Even free trade advocates are blasting free trade agreements now

Bernard Keane August 18, 2017 11 Comments

How should Australia respond if protectionism ramps up across the world? And what can governments do to convince voters of the benefits of free trade? The Productivity Commission has some interesting answers.

Rundle: Twiggy stands up against mining — wait, what!?

Rundle: Twiggy stands up against mining — wait, what!?

Guy Rundle August 18, 2017 4 Comments

Andrew "Twiggy" Forrest has successfully fought off a mining lease from a rival miner on his land. However, in doing so he may have set a precedent that can work against him.

Broadcasters worried new online competitors will steal their plays on sports broadcasting

Broadcasters worried new online competitors will steal their plays on sports broadcasting

Glenn Dyer August 17, 2017

Seven CEO Tim Worner says sports broadcasting is at a "tipping point" in Australia, but new online invaders Amazon and Netflix are just following Murdoch's lead.

What happens when Warren Buffett dies? The answer’s not reassuring.

What happens when Warren Buffett dies? The answer’s not reassuring.

Crikey August 14, 2017

The control of Australia's insurance market wielded by Warren Buffett's General Re makes his continuing health a subject of real import for the Australian financial system, write Glenn Dyer and Bernard Keane.

Freelancer’s rapid, precipitous fall from grace

Freelancer’s rapid, precipitous fall from grace

Adam Schwab August 3, 2017 3 Comments

Freelancer was never the biggest player in its space. But now it's got bigger problems.