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Regal's Phil King plays a blinder
King has always been a shrewd risk manager, incredibly deft at placing his bets on a variety of colours and numbers before the ball goes. That's what's so surprising about this f— up.
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Geoff Wilson
Geoff Wilson maximises ambiguity
Wilson holds the underperformers to account. It's only reasonable, then, that his own performance is scrutinised, but for that we'd need real numbers.
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Note from Joe
Richard White, Clive Palmer make it personal
On Wednesday came the extraordinary findings of the WiseTech board's investigation INTO Richard White's misconduct, and the complete lack of consequences.
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NEXTDC
Craig Scroggie rides his luck
NEXTDC's 'ginger maniac' is surfing the wave to $112 million of free shares. But can the momentum possibly last?
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Sanjeev Gupta
Sanjeev Gupta's final InfraBuild sleight
As he goes under, Gupta is attempting to asset strip Australia's essential steel producer to pay off Lex Greensill's administrator in London. Doing so may well push InfraBuild under, too.
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Melbourne Place
Melbourne Place, true to its name
New to the Paris end of Melbourne's CBD is Melbourne Place: smaller, idiosyncratic and just a bit cooler than the tired international chain hotels around it.
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Qantas
Falling for Vanessa Hudson
Hudson is continuing to strategically underinvest in the Qantas (but never the Jetstar) fleet, even while she claims the opposite and everyone nods along.
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ANZ Banking Group
ANZ's perennial non-delivery
Cast your eye around the ANZ board room table and it becomes apparent how Shayne Elliott got away with as much as he did. Seven directors, and virtually no banking expertise.
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Westpac Banking Corporation
Westpac’s lost decade
Over a decade, Westpac has lurched from one personnel blunder to the next. But like choosing an ugly bridesmaid, every chair and CEO dreams of finding someone worse to make him look better. The bank’s arrival at Steven Gregg is simply another outworking of that truth.
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Nine Entertainment Co
Nine's Domain dereliction
The Nine merger was a terrible deal for Fairfax shareholders and the enmity which then festered between the Fairfax-Nine directors facilitated the unforgivable drift of Domain, the group’s primary growth asset.
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Neptune’s Grotto
Rampart descends into Neptune’s Grotto
The chubby-cushioned booths are littered with shrugged-off suit jackets and everyone appears to be leaning into the loucheness of it all. Hand me a martini, hand me one for each fist. I’m in!
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