It was hardly the venue for violence, the Joint Parliamentary Inquiry into Regulation of Audit in Australia. The Committee transcripts have now dropped and we can report on an extraordinary day in the history of audit, the day when, finally, there were calls for violence.
Westpac has been running an invisible banking system, invisible to regulators, where multinational company clients even had their on log-ons and could act like banks themselves
Governments flogging essential services, particularly monopolies, to private operators has always been a “no-no” of the highest order, at least as far as this publication is concerned. Hence our coverage of the sale of hospitals to Brookfield in the Caymans and, more recently, the Government’s decision to allow Brookfield to take over aged care operator Aveo.
“Are you are sexual predator?” asked Gerry Harvey of a dissident shareholder who was politely though persistently questioning him in front of a packed house at the Harvey Norman annual meeting. This was the crowning insult
The culture wars have engulfed the stock market. As a fiery shareholder showdown looms at the Harvey Norman annual general meeting this week over poor governance at the retail juggernaut, Sky News host Peta Credlin lashed out at “hard left” proxy advisors and the “epidemic of politically correct box ticking”