When the HBOS Group collapsed in 2008, UK taxpayers were left to fund a £17 billion bank bail-out. It was a prudential disaster that contributed to the break-up of the UK’s Financial Services Authority (FSA).Read More
by Michael West | May 30, 2018
The Commonwealth Bank’s psychopathic pursuit of profits came into came into full view when its former chief medical officer Dr Benjamin Koh went public about Comminsure, the bank’s life insurance arm, cheating sick and dying customers on insurance policies they had paid for for years.Read More
by Michael West | May 18, 2018
The ultimate “take-out” is that the cost of government is rising, not falling, despite the cuts to bureaucracy and despite the rhetoric of private sector efficiencyRead More
by Sandi Keane | May 11, 2018
“Rah-rah-style motivational forums” and a $40 million chit for US consultant Marty Cohen helped to shape the aggressive cross-selling Commonwealth Bank sales culture which led, in part, to the customer disaster now unfolding at the banking Royal Commission. Michael Sainsbury reports.Read More
by Sandi Keane | May 9, 2018
Does the Game of Mates extend to board appointments? According to Sherene Smith‘s research,...Read More
by Michael West | May 6, 2018
An entire industry has mushroomed around it. Platoons of remuneration consultants rubber-stamp it,...Read More
by Michael West | Apr 29, 2018
Exclusive interview with head of Australia’s biggest infrastructure project, DisConnex. Project secrecy, cost, engineering and impending privatisation.Read More
by Michael West | Apr 25, 2018
The banks will fight it tooth and nail. Australia Post is considering becoming a bank, a move which could deliver significant competition to the country’s banking oligopoly through lower fees and lower-cost mortgages.Read More
by Michael West | Apr 23, 2018
A phalanx of forty lawyers will parade into a Sydney courtroom this morning to spar over the...Read More
by Michael West | Apr 21, 2018
There has been great surprise at the revelations of bad behaviour by this country’s biggest...Read More
by Sandi Keane | Apr 20, 2018
It is clear that the “misconduct” of the senior executives of AMP is far worse than the “misconduct” of the senior executives of Rio Tinto and the revelation of this misconduct by the Royal Commission had a material effect on the share price of AMP shares.Read More
Hope Downs Marketing Company Pty Ltd. has dropped off the Top 40 list today. For more information click here.
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New Michael West Podcast
Created by PodcastOne, this 3 part series looks into how Australia has gone from one of the cheapest countries in the world for energy to one of the most expensive, and reveals just what has happened with our gas and electricity supply and why we are on the verge of an energy crisis.