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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Sigma Healthcare
Chemist Warehouse’s Di Pilla di lution
The numbers are in on Chemist Warehouse’s reverse takeover of Sigma. Cheap hindsight tells us that a regular IPO would’ve cost Chemist Warehouse shareholders $100 million, but saved them $3 billion.
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Sanjeev Gupta
Lights out for Sanjeev Gupta
Because multiple governments have enabled Gupta’s stalling tactics, small businesses on the Spencer Gulf are now owed vast sums of money they’ll be praying Peter Malinauskas will guarantee.
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Rampart
Why I'm Starting Rampart
A Rampart subscription is the only way to access the peerless analysis and writing of Joe Aston – with the latest article in your inbox every few days.
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