Witch hunt: The Fin’s crusade to destroy CPA boss Alex Malley

80
SHARE

The Australian Financial Review has been tirelessly battering Alex Malley, the head of CPA Australia, for two years. How exquisite is the irony.

CPA, a professional body for accountants, lays down million-dollar surpluses year after year, “The Fin” lays down donut. Yet, as story after story ripped into Malley and his management of CPA, rival professional body CAANZ (Chartered Accountants Australia & New Zealand) has been mollycoddled with the customary string of Fin Review puff-pieces. CAANZ is loss-making.

The newspaper really hit it straps this morning with a breathless page one “expose” on how, ten years ago, Malley gave tutorials to students without even telling his former employee Macquarie University he was doing it. He and a host of others even sold textbooks to students, like every other academic in the known world.

In the journalism trade, this is what they call a “beat-up”. It is the epitome of the beat-up.

That defamation lawyer Mark O’Brien is bearing down on the Fin over its Malley coverage is one thing, that the newspaper’s credibility is shot and that this is a newspaper in “run-off” is another.

CPA appears to be the only peak body with an “Events” budget and an “A” in its name which attracts hard-hitting coverage from the Fin. You name it – BCA, MCA, APPEA, ABA – if it is an industry PR outfit which espouses lower taxes for rich people and lower wages for poor people, the Fin will be there bashing out its press releases, touting its campaigns from page one.

After a volley of ad hominem hit-jobs from the Fin’s gossip columnist Joe Aston, Malley finally got fed up a few days ago and fired off a 16-pager to CPA members defending his stewardship and answering the newspaper’s criticism.

The Fin and CPA used to host a Sunday morning TV show on Nine Network. The show, which featured Joe Aston, got axed.

In its place, Nine ran a chat show with Alex Malley interviewing celebs like The Fonz, Gai Waterhouse, Neil Armstrong. To the chagrin of the Fin, that still runs.

Here’s what Malley told his members last week:

“Since Financial Review Sunday was “shelved”, the columnist has written more than 30 articles across print and online, with many being tweeted and retweeted by AFR journalists and the paper itself, disparaging CPA Australia, our chief executive and, by extension, all CPA Australia members.

“In February 2016, CPA Australia’s television program took over the 10am Sunday time-slot that had previously been occupied by Financial Review Sunday.”

Aston rubbished the CPA claims, though failed to land a real punch. The Fin has since put two other reporters on the story.

http://www.afr.com/brand/rear-window/unpicking-alex-malley-cpa-spending-defence-20170318-gv18x4

The next story began with the line “the screws tightened on Alex Malley”; another majestic irony from the Fin as Mark O’Brien has also filed a defamation suit against the newspaper for an Aston story about flamboyant investor Michael Kodari.

Further, Malley’s email reveals he has a recorded conversation with Fairfax editorial boss Sean Aylmer in which Aylmer actually apologises to Malley for Joe Aston’s stories.

In Aston’s defence, Alex Malley is fair fodder for a business gossip column. Malley’s grinning visage adorns giant billboards around the country. His head is on the sides of buses. His book, The Naked CEO, is promoted from pillar to post.

Malley, many would say, was cruising for a bruising. For an accountant, for the head of an accounting advocacy organisation, the branding would seem overkill … but for its sheer success.

The CPA’s personality strategy, selling Alex Malley, has delivered spectacular results. Memberships up 30,000 to 160,000 in seven years, record surpluses, a presence in 19 countries. The Malley branding has worked.

There are reasonable criticisms to be made about the CPA’s lavish marketing budget, directors’ pay, and transparency; but these are the very sort of criticisms which might be levelled at a thousand other institutions – including the Fin which markets the personal brand of gossip columnist Joe Aston.

While CPA strapped on another 30,000 members over the past nine years, circulation of the weekday Fin dropped by 40,000 to 47,000. As it was late to the digital party, online audience is negligible.

Besides CPA’s 160,000 members, Malley has 454,318 LinkedIn followers and 126,000 on Twitter. As his personal distribution already eclipses the Fin, Alex Malley hardly needs to clog up the courts with defamation proceedings. But it is obvious the Fin has it in for him.

Unfortunately, the good work of the real journalists at the Fin, as is the case with The Australian, is tarnished by the agendas, ideological prejudices and toadying of its managers to vested interests.

Just as The Oz has torn down acres of plantation forest obsessing about free speech clause 18c – bellicosely defending peoples’ rights to insult people – The Fin has squandered its resources on harebrained campaigns like the pursuit of Alex Malley.

Both the national dailies have been bleeding red ink for years pandering to a tiny market of big business people.

The Malley coverage is redolent of the newspaper’s campaign against the ANU. The depths were plumbed in 2014 when the Fin pumped out literally dozens of stories lambasting the Australian National University (ANU) for divesting its shares in Santos.

After this festival of indignation, shares in Santos dived from more than $12 to less than $3. A jumbo capital raising ensued. In dumping its Santos shares, the ANU probably did the deal of the year. That was never reported.

The orgy of insults which followed the divestment was not matched with even a skerrick of investigation when a suspicious looking takeover bid offer for Santos conveniently materialised after its share price rout.

Spectre of mystery around Santos suitor Scepter

Such is mainstream business journalism these days. It is getting worse. As Paddy Manning, freelance journalist and former SMH business chief of staff, wrote about the Fin in 2013:

“Herograms for business leaders, unreadable roundtables and conference-linked spreads featuring plenty of happy snaps of business leaders with a glass of champagne or mineral water in hand…

“Nobody reads it. Educated readers … hate it. Ultimately, even advertisers shun it. It’s a business model for business journalism that had been tried at both The AFR and The Australian. It doesn’t work.”

Manning was sacked for that, sacked for telling the truth, sacked for exercising free speech, sacked by Aston’s boss.

https://theconversation.com/paddy-manning-the-fairfax-watchdog-eats-one-of-its-own-13327

So parlous are the finances of the Financial Review that Fairfax management hides them. They are not stripped out in the newspaper’s results, instead they are buried in Metro Media division along with the Sydney Morning Herald and The Age.

While Malley’s CPA notches up surpluses every year, the poor old Fin and other metro papers suffered a 55 per cent fall in earnings before interest and tax to $13.8 million.

Where their journalism has failed, they are now counting on “Events” to lift revenue. Indeed “Events” sales were up 33 per cent last year. The actual dollar figures, if disclosed, are hard to find.

It is true that the kowtowing to big business is de riguer for the financial press, dilapidated as it is and desperate to keep advertising coming in the door.

It is also true that the Fin and The Oz – in spite of all their resources – also miss a lot of the biggest stories in business, beaten by the likes of The Guardian (which doesn’t even have a business reporter) on Adani, the ABC on Macquarie, the metro dailies on big bank investigations and by yours truly on multinational tax and the debacles in electricity and gas … just beaten into irrelevance weekly; its good reporters interred on the inside pages while it campaigns off the front page for the corporate PR fraternity.

The big business bootlicking might be slightly defensible if it were even-handed. Yet The Fin has disclosed that it had a commercial arrangement with CPA’s arch rival CAANZ (also with Westpac which would not take kindly to Malley’s efforts to undermine the big bank’s financial planning empires).

Indeed this reporter copped some heat over CAANZ coverage – a solid story on the merger pulled from SMH online for two days while CAANZ was busy advertising – far fairer coverage than the Malley stories.

CAANZ: of accountants as artists and cooks

HERE IS A RUN OF RECENT CAANZ STORIES

March 16, 2017

Chartered Accountants ANZ reveals CEO’s $600,000 salary

Chartered Accountants ANZ has broken ranks with rival accounting bodies, the Institute of Public Accountants (IPA) and CPA Australia, by disclosing how much its CEO and board members are paid.

31 Jan 2017

Accountants to get dedicated mental health service as wellbeing worries rise

Professional body Chartered Accountants ANZ will launch a dedicated mental health programme from the middle of the year.

7 Dec 2016

CAANZ develops ‘big data’ engine with Westpac, Microsoft

CAANZ has struck a multimillion-dollar joint venture with Westpac and Microsoft to build a data analytics platform to boost its relevance to members.
Nov 22, 2016

Chartered Accountants ANZ launch Kairos tools and data platform

Professional body Chartered Accountants ANZ has launched its cloud-based suite of programs and tools for small and medium accounting practices after almost a year of testing and refinement.

Nov 9, 2016

Not just a case of good or bad, black or white

by Lee White. Lee White FCA, Chief Executive Officer Chartered Accountants Australia and New Zealand.

This content is produced by The Australian Financial Review in commercial partnership with Chartered Accountants.

We surveyed over 700 bankers and financial practitioners from around the world to look under the bonnet of ethics in banking and finance. And we found that it’s not as simple as good, bad, black or white.

Feb 23, 2016

Chartered Accountants turns over a new leaf

With the $18 million trans-Tasman merger between Institute of Chartered Accountants Australia and its New Zealand counterpart done and dusted, members are pressing the professional body to turn its attention to demonstrating the advantages of the integration.

IN CONTRAST, HERE IS A RUN OF RECENT CPA STORIES

March 23, 2017

CPA Australia resorts to identifying ‘friendlies’ and ‘managing’ members

An email from CPA Australia top brass urging senior staff to identify “friendlies” and “manage” members has sparked fresh anger among an already disaffected membership.

March 20, 2017

Screws are tightening and scrutiny intensifies as CPA defends Singapore AGM

The screws tightened on Alex Malley and his merry band of board members at CPA Australia just that little bit more on Monday as the member-led insurrection gathered pace and questions of accountability and transparency went mainstream.

March 19, 2017

Unpicking Alex Malley, CPA spending defence

There is so much to say about the extraordinary 16-page defence manifesto CPA Australia released on Friday in the wake of our coverage and its memberships’ burgeoning insurrection.

March 16, 2017

CPA members take heart: The Fonz is here to make sense of your dues

CPA members are arcing up, asking how a TV interview between their CEO Alex Malley and The Fonz can possibly constitute effective use of their membership dues.

March 12, 2017

CPA Australia disables search tool, delays on AGM, annual report

The quiet revolution in the ranks of accounting membership body CPA Australia continues apace.

March 6, 2017

CPA Australia disables search tool, delays on AGM, annual report

By all accounts, CPA Australia’s disruptive CEO, Alex Malley ain’t happy. Panic might just be setting in, folks …

March 3, 2017

Alex Malley’s members open eyes to CPA salaries

Long-suffering fee-payers to CPA Australia, the fiefdom that Alex Malley built, are rising up

March 1, 2017

There’s nowhere CPA’s Alex Malley and his sidekick won’t go for their members

If we were to come back in another life, we think we’d like to come back as Jillian Bowen – the self-styled producer of all of the sparkling content to which Australian business messiah Alex Malley’s lays claim.

February 19, 2017

Alex Malley cops it from CPA members, and Gerard Henderson

Speaking of the suspended schoolboy who blew hot air (and his members’ cash) all the way to the helm of an accounting standards body, we must pay tribute to cult curmudgeon Gerard Henderson for his missive on CPA Australia head Alex Malley on Friday, in which the Sydney Institute director admitted to “an aversion to flying.” “It does not come from a concern about aircraft crashes – but, rather, it’s a reaction to seeing huge hoardings at airports of Malley flogging his piss-poor book The Naked CEO.

January 29, 2017

CPA Australia’s tennis sponsorship raises eyebrows

One source of choked merriment on Saturday night – and indeed for the past fortnight: was the drenching of CPA Australia signage on the digital walls of the centre court. You could hear the snickering.

Malley might be an epic blowhard but if he really is an expert on anything at all, clearly, it’s managing up!

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with piss and mess flowing everywhere.
    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant like Lee White. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.
    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth form the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to and advocates on behalf of its Big 4 masters as opposed to its members. CAANZ hides in the corner on matters of public importance. It is that gutless kid in the playground that eggs a bully on to beat down someone and that is too scared to stand for anything else other than self-interest.

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with piss and mess flowing everywhere.
    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant like Lee White. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.
    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth form the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to and advocates on behalf of its Big 4 masters as opposed to its members. CAANZ hides in the corner on matters of public importance. It is that gutless kid in the playground that eggs a bully on to beat down someone and that is too scared to stand for anything else other than self-interest.

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with piss and mess flowing everywhere.
    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant like Lee White. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.
    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth from the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to, and advocates on behalf of, its Big 4 audit firm masters as opposed to its members. CAANZ hides in the corner on matters of public importance. It is that gutless kid in the playground that eggs a bully on to beat down someone and that is too scared to stand for anything else other than self-interest.

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with piss and mess flowing everywhere.
    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant like Lee White. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.
    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth from the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to, and advocates on behalf of, its Big 4 audit firm masters as opposed to its members. CAANZ hides in the corner on matters of public importance. It is that gutless kid in the playground that eggs a bully on to beat down someone and that is too scared to stand for anything else other than self-interest.

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with piss and mess flowing everywhere.
    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant like Lee White. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.
    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth from the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to, and advocates on behalf of, its Big 4 audit firm masters as opposed to its members. CAANZ hides in the corner on matters of public importance. It is that gutless kid in the playground that eggs a bully on to beat down someone and that is too scared to stand for anything else other than self-interest.

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with piss and mess flowing everywhere.
    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant like Lee White. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.
    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth from the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to, and advocates on behalf of, its Big 4 audit firm masters as opposed to its members. CAANZ hides in the corner on matters of public importance. It is that gutless kid in the playground that eggs a bully on to beat down someone and that is too scared to stand for anything else other than self-interest.

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with p1ss and mess flowing everywhere.
    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant like Lee White. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.
    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth from the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to, and advocates on behalf of, its Big 4 audit firm masters as opposed to its members. CAANZ hides in the corner on matters of public importance. It is that gutless kid in the playground that eggs a bully on to beat down someone and that is too scared to stand for anything else other than self-interest.

  • Peter Kay

    Look at the evidence at the bottom of Westie’s article. What a disgrace. A serial killer would get better coverage from the Fin than Alex Malley has had. Joe Aston you lazy incompetent fool. Perhaps you should try investigating the course outline for ACCG100 (its available online) and get your facts straight before asking for page 1 on a hunch. That’s why you are a gossip columnist not a journalist, son. The only real scandal here is that the Fin has been busily killing off business news in favour of stories that are warm and fuzzy or shocking but not necessarily true. Journalists have been replaced by columnists from supermarket magazines and political hacks. In this death roll, the Fin’s Rear Window has become an open lavatory window. The narrative is all playground toilet with piss and mess flowing everywhere.

    • Tanya Price

      Who are you peter kay ????…Malley minster for propaganda and bullshit…..look in the mirrow my friend…the abuse you attach to Joe Aston applies to you

      HOW MUCH WERE YOU PAID FOR THIS PROPAGANDA !!

      • Peter Kay

        Perhaps you should resign your membership of CPA Australia and join the Association of Gossip Columnists instead. I think you will fit in much better there.

  • Peter Kay

    Unlike the Fairfax strategy for the Fin, the Malley CPA strategy has worked wonders. CPA Australia is an organic growth success story. It has usurped the role of Australia’s premier body for professional accountants. Malley has taken the CPA Australia brand both mainstream and international. CAANZ is now the little snotty nosed kid on the block with a chip on its shoulder. Go to an Australian University open day and you will find the CPA stand buzzing with students drawn to careers in the accounting profession. They want to become a CPA just like Alex Malley not a boring irrelevant toadying chartered accountant. The celebrity and passion of Alex speaks to this generation of youth. Malley actively engages with students and is respected by them for it. He gives the sort of advice to students that good parents ought to give their charges but often forget to . . .follow your dreams, be authentic, be honest and ethical, work hard, believe in yourself, believe in your ability to learn, be courteous and graceful, don’t overreach in your arguments, show some humility from time to time, learn from your mistakes, and remember to enjoy the journey. It is the sort of advice that a bitter man (boy?) like Joe Aston at the Fin could benefit from if he could just somehow stop himself digging/defaming and set himself the goal of becoming a journalist.

    • Tanya Price

      Any idiot can grow revenue of a professional association when they make the standards so low a mental deficit would qualify and desparate potential migrants will pay to get residency here

      • Peter Kay

        Any idiot of a professional organisation can rant and rave against its management like a lunatic. The standards that you and your merry very little band of CPAs have deployed against Malley are as low as it gets.

  • Peter Kay

    In contrast to CPA Australia, CAANZ the chartered accounting competition is in disarray. CAANZ has lost its Australian identity while executives accumulate frequent flyer points jerking back and forth from the shaky isles. CAANZ budgets for and makes deficiencies instead of surpluses. CAANZ has to revalue its Sydney office building to cover over the cracks of a poor financial position. Those chartered accounting geniuses in Sydney and Melbourne over-committed and overspent on a rotten business in New Zealand and, in the process, they have trashed the illustrious Australian heritage and once well regarded CA brand. CAANZ now brands itself as baking cakes and cooking in an advertising campaign that reeks like the rotting flesh of an accounting zombie. It is so bad that CAANZ had to make an adding error on the number of Facebook views to create the impression of success in its annual report. But worst of all, CAANZ mostly panders to, and advocates on behalf of, its Big 4 audit firm masters as opposed to its members. CAANZ hides in the corner on matters of public importance.

    • Tanya Price

      My friend…i am a member and CPA have NEVER responded to 2 emails i have sent approx 2 years ago….

      • Peter Kay

        I am also a CPA member but I am not your friend. I am little bit more choosy on that front. If your posts here are anything to go by then I would not normally bother responding to your emails either because to do so may only further aggravate someone who appears to be suffering from a psychosis.

  • Tanya Price

    How much were you paid for writing this crap….malley and his band of merry men are taking the piss with members money…they are symbolic of why people are so cynical about leaders in this country

    The facts are Alex Malley departed Macquarie univerity under the cloud of selling his wifes training courses to his students…he and his macquarie mates on the board have created a situation where members have no real say in its composition…members are threatened if they say anything…huge $$ are spent in promoting the malley cult…great value to CPA Australia when he goes

    the growth in members is because any fool can become a cpa….just pay the money and pass multiple choice exams….the plethora of non english student members then use this to migrate to australia…michael west you are a pathetic disgrace to write your CRAP in defending these low life, condesending, self indulgent clowns

    • Peter Kay

      Any fool can write uninformed abuse like you and most of them do.

  • Tanya Price

    malley is like the property spuiker Henry Kaye…a self indulgent egotisical fraud….staf have left cpa australia because they are squeezed unless they sign up to the cult of MALLEY

    The only young people that “respect”him are desparate asian students needing backdoor immigration services

    • Peter Kay

      “Only?”
      So much of what you and your CPA mates write is demonstrably false.

  • Peter Kay

    CPA AGM: 100 members out of 160,000 don’t like the CEO or the strategy. This fringe group should go camping along the river together and then piss outside the tent as much as they like. That way they wouldn’t be spraying all over the rest of us who are professionals. Take Aston and a banjo with you, find a few more like-minded dim wits and then squeal all you want in Deliverance of your views.

  • Peter Kay

    CPA AGM last night 7.30pm AEST. 100 members out of 160,000 don’t like the CEO or the Board’s strategy. This fringe group should all go camping along the river together. That way they could piss outside the tent as much as they want without spraying all over the rest of us. They should take Aston and a banjo with them, pick up a few other like minded dimwits along the way and then Deliverance their views amongst themselves. Squeal whingers, squeal.

    • Stomper

      Chairman resigned, remumeration disclosure forced from their prying hands, and 32 pages of spin. Surely now even you can see why this rabble have to go and the constitution ammended to protect the interests of tge members!

  • Peter Kay

    Fairfax journalists now on one week strike. Joe Aston and the gang will still be writing because they do not qualify. Page 1 headlines mapped out for the next week.
    Thurs: Alex Malley seen picking his nose in car on the freeway
    Fri: CPA Australia Board refuse to take notice of irate members who want to make all the decisions
    Sat-Sun: CPA Open revolt now up to 0.75% of membership.
    Mon: CPA Australia strategy ignores geriatric members with too much money and time on their hands
    Tues: CPA Australia complying with the law in an illegal manner
    Wed: CPA Australia is to blame for changes in law that reduced disclosures of executive remuneration.

  • ron alberti

    I would not to know who this Peter Kay is…he is clearly an Alex Malley propaganda king with serious mental issues and is actually a laughing stock with many members
    If Mr Kay thinks excessive salaries, refusal to disclose renumeration details, moving a meeting to Singapore so members could not attend to voice concerns, threatening members, using our money for his own personal endeavours and making our professional organisation a laughing stock is worthy of support then it shows how mentally impared he is or how easily he is bought.
    One only has to look at other academics and ex senior CPA officials comments to see where the facts are
    Looking at his rantings below I am not sure which if he was brought or is crazy….probably both.
    PS -I look forward to Mr Kays psychotic meltdown response to this

  • Daniel Cannan

    So the CPA, a member based organisation, produces a surplus. So what? It’s MEMBER money that produces that surplus! The same member money that is paying for a TV show, book and billboards in Times Square to promote the CEO (not the organisation).
    That’s after paying the CEO at least double the amount the CEO of the CAANZ receives.
    Of course, it could be more than double (and probably is) but CPA Aus is too embarrassed to reveal Mr Malley’s salary.
    Hi job? Hardly. This reads more like a chance for you to have a whack at Fairfax, rather than a defence of the ‘Naked CEO’.

  • Michael West

    Agree disclosure poor and spending too high. No need to get personal though Daniel. After 60 stories from AFR attacking one person, it was probably time to look at why and whether this was a misuse of editorial resources. I note CAANZ has or had a commercial relationship with Fairfax and Lee White’s salary is not disclosed either. Also, the rebel’s website – offshore servers and outlandish claims and defo … not sure I’ve seen the coverage of that yet. Thanks

    • Dean Kielpinski

      Normally a huge fan of yours Michael, but it light of yesterday’s disclosures, do you feel now the campaign was justified?

      • Michael West

        I think you make a fair call Dean. I’m not going into bat here for CPA board and executive pay. It is too high. Neither was disclosure adequate. Agree on these completely. Marketing spend also over the top. My central point is that the time and resources devoted to this one story, being pushed with apparent agendas, is symptomatic of what is wrong with the MSM. Here are the biggest oil companies in the world paying virtually no tax, engaging in dubious related party transactions (95pc of sector debt is related party). These kind of stories are ignored or glossed over while a peak body gets the titanic work-over. What is more in the national and public interest? Where were they on gold-plating, on the gas cartel, on MNC tax dodging, on bank frauds (okay Adele did it but she is The Age mostly)? They are nowhere on the big stories and spend umpteen days and hours pursuing the rival of the CAANZ). Asset allocation issue which shows how the public has been let down chasing a small to medium poppy

        • Dean Kielpinski

          I’d have to agree with you 100% there. As a CPA it’s been enormously important to me, but in the grand scheme of things… laughably immaterial compared to the other situations you’ve raised above. It’s low-hanging fruit for sure. Thankfully there are journalists like yourself doing this work; MSM as you’ve pointed out aren’t that way inclined (keep up the good work!)

        • ron alberti

          Michael, the peak accounting body engaging in unethical conduct is a very big story. These are the people that should be setting the highest financial standards through action and words, not setting the standards for taking the piss with large dollops of self congratulations

          • Michael West

            Hi Ron, thanks for the feedback. As I’ve said now on a number of occasions, it is a story, and the debate over too much pay and too little disclosure is had. That’s good. However, what does it benefit the world if I join in the chorus in what is a personal attack campaign, already overdone?

            When Fairfax CEO Greg Hywood fronted the Senate Inquiry into public interest journalism two weeks ago, he point-blank refused to tell the Senate – despite repeated questions – the details of his pay deal.

            He said it was “not important”. That looks like contempt of Parliament to me. Where was the outrage then? Where are the personal attacks by the MSM over the really big public interest issues, companies which avoid literally hundreds of millions of dollars a year in tax. Where is the AASB on standards? Where are CAANZ and CPAA on the failure of MNC executives to reveal their remuneration when dodging tax, and their related party transactions for that matter?

            Once again, the Malley debate is a good one to have, but I am merely lending perspective to the issue. One peak body is under incredible scrutiny. Where is the investigation of the Business Council or the Minerals Council, or APPEA. Where is the outrage over other executive salaries?

            You say, “when the best minds in government and the tax office can’t shut down multinational tax rorts, what hope for a non tax qualified journalist under pressure to keep a raft of stories flowing through quickly?” And that is a valid point.

            I say, there was no progress on MNC tax rorts until myself and a couple of others in the media put the focus on the likes of Google. It is about the media bringing public understanding to the issues and public outrage. Then comes reform. That has been well and truly done with Malley. It is a sideshow and completely out of whack with public interest.

            Once again on salaries, the MNC don’t disclosure salaries and their impact on our lives is greater than CPA, as is their importance to the tax base and the economy.

            It is not that Malley is not a story, it is that their are bigger stories around.

          • ron alberti

            Agree with all you say Michael but it’s quite awful when a body that claims to operate on the highest ethical plane and passes judgement on the financial crooks appears to be one itself. They are pushing legalese points to hide as much as possible. Look now at what is discovered. Extra salaries to the pigs with the snouts in the trough from an entity that is insolvent barring cpa parent company backing. The ethical position would be full disclosure of salaries from all wholly owed entities. Keep up the good work

        • disqus_DlD1jBN0BL

          I know that in the scheme of things the CPAs is small fry, but when it is your professional body, it is very important. I’m an associate member and have put off applying for full membership because it is a lot of money for very little return. From my point of view I see an organisation that is more interested in making money than in helping members.

          Especially concerning for me is that job opportunities are scarce in my large regional city, but the CPAs insist that there is a shortage of accountants, and actively promote bringing more overseas workers in (who of course they have to change for accreditation). Plus the training they run costs a fortune.

          The things the CPAs do affect me personally, I earn less money because they are happy to flood the market with accountants, their overspending means I have to pay more than I should for membership fees. A professional association should have input from members and be run in their interests, completely transparently.

          Lastly I suspect the reason the afr is pursuing this is that they know, in lunch rooms across the country, the only people who look at the afr are the accountants

          • Peter Kay

            Almost no one is reading the AFR these days that’s why Fairfax is purging journalists but keeping the Poet of Point Piper and his #vomit. A talented CPA will always be in demand. Read the Naked CEO for some great advice on professional development. And stay away from those anonymous self-serving cowards on the Icelandic website.

  • Tanya Price

    I agree with Daniel. As a member I asked why the marketing direction is focused on an individual who could leave and take the goodwill of my money spent with him. After much debate I was told if I disagreed I could always leave…what a joke considering I worked for this qualification. And even though in a practical sense it gives me no benefit I need this qualification for regulatory purposes

  • Peter Kay

    It is hard to take the dissident group seriously when there is an anti-Asian current running through their commentary. Plus the dissident group associate themselves with juvenile antics like bare bottoms and parody videos. Not really the stuff of a professional accountants is it? Perhaps the thing about Malley they dislike the most is his ethnicity. And perhaps the Singapore AGM had a deeper meaning that was lost on them. I think the dissident group should take the hint and leave. They are unrepresentative of 95% of the CPAs in my experience. The dissident group could always start up their own body – the NFCUP Australia – the National Front of Certified Unprofessional Accountants.

  • Peter Kay

    Let’s relive the previous balanced commentary from Tanya Price that appeared on this discussion board.

    Tanya Price • a month ago
    malley is like the property spuiker Henry Kaye…a self indulgent egotisical fraud….staf have left cpa australia because they are squeezed unless they sign up to the cult of MALLEY
    The only young people that “respect”him are desparate asian students needing backdoor immigration services

    Tanya Price Peter Kay • a month ago
    Any idiot can grow revenue of a professional association when they make the standards so low a mental deficit would qualify and desparate potential migrants will pay to get residency here

  • Tanya Price

    When an inadequate windbag has nothing they use insults and put forward no facts. Most membership is ignorant of what is happening. Look at the number of ex board members raising protests.

    Name one organisation who useslarketing strategies around its employees. Now mr Kay, park your pathetic insults and let’s see if you can answer one question… why are cpa moving heaven and earth to hid executives individual salaries. I bet this won’t illicit a logical answer from you, rather rankings of a man with serious mental issues

  • Tanya Price

    And to avoid more ill informed commentary, and I will say nothing more as there are people who are so vested in the fraud they will say anything and bully with insults

    My surname is a recent married name. Both my parents are Asian so do not dare to be so condasending Mr Kay. My daughter did first year business degree approximately 10 years ago. She as a recent migrant struggled and ended up dropping out because we could not afford the lecturers kind offer of extra courses at a cost. I am not saying who her lecturer was as I have no desire for vindictive legal actions

    Now if you google alex Malley confidential exit from Macquarie uni you will see the situation migrants are subjected to by greedy lecturers. If your child went through this you too would be furious considering where this person is now.

    The people professing to help Asian migrants are simply fleecing money from them. Look at recent posts on the cpa Facebook page.

    Now say or do as you wish Mr Kay. I will ignore you as I see you for what you are

  • Stomper

    Michael, love your work but the corporate governance issues at CPAA are very very concerning. There are a number (300 so far) of CPAs who are attempting to get answers to many of the points being raised by the AFR and their views are being expressed at the web site set up for that discussion http://www.cpamembers.org

    Frankly, as a FCPA I am extremely unhappy at the position being taken by the Board, and holding the AGM in Singapore was a very cynical move in my view, as was the stonewalling of any questions at that very same meeting.

    Personally I wont stand by idly as the brand, and its reputation is trashed.

    The response by the CPAA Board simply does not cut it.

  • ron alberti

    I tried to ring cpa australia to voice my frustrations as a member. I spoke to a Rebecca on the 1300 number and she said I needed to ring the state office and take up my concerns about the Alex Malley centric spend through the state councils. I rang the state office in Sydney only to get a message saying the number is no longer in use and to ring the 1300 number. When I rang back I specifically asked fir Rebecca. She told me it was a technical fault. When I asked was it the same fault that removed all registered cpa from the cpa website (no one can establish my bona fides as a cpa),she said cpa had been suffering some technical issues. I asked her to stop insulting me with lies. You only have to read the press to see cpa management removed the find a cpa functionality to stop the groundswell of protest as the leadership excesses I I just found today cpa have also directed all phone lines to the Melbourne propaganda centre to ensure members are treated like idiots

  • Peter Kay

    Most CPAs think the dissident group are bad news because they misquote or quote out of context, they overreach in their arguments, they speculate and give credence to hearsay, they are prone to personal abuse, they make allegations first check facts second, they engage in juvenile antics and they are publicly destroying the brand. Two words sums up what most CPA’s want the dissident group to do: Piss Off.

    • Stomper

      Peter, many of us disgruntled CPA’s are thankful there have been a few dissidents prepared to stick their necks out. Rather than wanting them to “piss off” we want them to enact change so that the Board and executives act in the interest of members rather than the enrichment of a few elites.
      The actions of the Board in this matter is disgraceful – none more so than the late publication of CPA Advice’s financial reports and holding the AGM in Singapore.
      They have sullied our profession – thankfully we have the likes of Brett Stevenson and Chris Caton who have brought out attention to this malfeasance.

      • ron alberti

        Here here

        • Peter Kay

          The Australian Financial Review has become a rancid polyp on the anus of humanity. It has adopted the Woman’s Day model of personality persecution = more sales. And people who like to think of themselves as professionals are cheering on their vicious f’d-up narratives. This is just the last few days:

          Malley gropes for clear air
          Malley tainted teacher to tie his own noose
          Malley Pity-Fishing.
          Malley metastised
          Malley relative nobody so brazenly on the make
          Malley genuinely comical egomania

          Joe Aston go fck yourself.

          And you dickheads in the dissident group (that’s probably all of you). You make me sick. Stop acting like primary school kids piling on online to smack down that person in the group who is bit different to normal or has more money than you or more charisma than you.

          There’s something happening here
          What it is ain’t exactly clear
          There’s a man with a gun over there
          Telling me I got to beware
          I think it’s time we stop, children, what’s that sound
          Everybody look what’s going down

          • ron alberti

            I have read this missive several times and still have no idea what this is about, other than more unprofessional and ranting nonsense with no detailed logic at all

          • Peter Kay

            Its satire Ron.

          • Stomper

            Peter, you are starting to look pretty silly now that the Chair and 2 independent directors have resigned.

          • Peter Kay

            See convo and facts with Ron above. There’s plenty more where that came from.

          • Geoff

            plenty of what…insanity and self belittling nonsense !

  • ron alberti

    The leadership of cpa Australia could kill this stone dead if they did not act like the politician caught out abusing expenses in evading the questions by issuing long winded waffley letters. Refusing to lead in full disclosure of executive and board renuneration and constitutional changes which effectively kill a members capacity to vote only make them look like some sort of corrupt south American government. No one who supports the existing leadership even puts forward any reasons why these two obvious issues are disclosed or addressed. Rather it is bullying or unedifying, or useless responses like MR Kay below saying piss off. Very infantile.

    Yes he so called rebel group have engaged in what some would call juvenile satire…well satire is usually resported to hose that have no power to change and for satire to be effective it needs some basis in fact

    • Peter Kay

      Abuse and gossip is the language of choice of the dissident group not me. Go read the comments on the website, on twitter, and elsewhere. What a disgrace. Call yourselves professionals? Stick to the issues and present logical argument . . no problem. But you haven’t done that. The dissident group has become a conduit for nut jobs that spew out filth. I agree that fuller executive and director remuneration disclosures should be made . . .disagree about strategy, no problem…….think executive pay is too high, yeah maybe . .. . but there is proper process for these concerns. . . the incessant negative articles about CPA Australia in the AFR dripping with CA ANZ advertising. You’re kidding. You are being played my friend.

      • ron alberti

        Peter, there is no proper process as members don’t even get to vote. In several of your own responses I have seen gutter language. Just read your own comments…I am not part of any rebel website. I am a coa member. Can you justify why rules were changed 8 years ago to prevent members voting for the board. Try answering that without the gutter language please as frankly it makes you look as bad as other Internet trolls

        • Peter Kay

          All I can do is speculate and then pretend my speculation is known fact – which is what you do. There are arguments for and against a lot of your grievances. You want to have a say and a vote. That sounds fair to me but please try to make that happen without burning the whole house down.

          • Stomper

            Peter, the house would not be burnt down if the CPA Board and CEO engaged with the membership, including those who hold grave concerns about the governance. Instead they evade, attack and deflect which gives members 3 choices 1. do nothing 2. leave or 3 fight. Thankfully there are some with the guts to do the latter/

        • Jason Edwards

          I actually support what Malley has done. The reality is the old membership base will be eroded by technological change and outsourcing. They cant just rely on mum and dad accounting practices and corporate management accountants anymore. Branching out to have the CPA designation recognised as a strategic advice type role in the corporate world is the right thing to be doing as it makes the designation more recognised and valuable. Working for a ASX 50 company I have noticed that CPA is getting more recognition in other fields rather than just an accountant who does budgeting and reporting. Also i’m just waiting for CAANZ to launch a takeover there is something going on behind the scenes from what I hear.

          • Peter Kay

            here here but its hard for the old fellas to understand

          • Jason Edwards

            Unfortunately these members cant see they are a wet dream for competing professional bodies what a great outcome (or they have been approached and are getting encouragement since the story has gotten traction). Just a matter of time before CAANZ reach out to CPA members offering to jump ship if they do a bridging exam or similar. These fools have burnt down the house and in my opinion caused irreparable damage to the brand. Almost all of my contacts in corporate roles who are members are disgusted and we are the laughing stock of CAANZ members.

          • ron alberti

            You support Malley killing members right to vote. Members are legally threatened and emails blocked if they discontinue, so how are they supposed to be heard unless they, In ôter Kay’s words, burn the house down.

            Also marketing has to be about the organisation, not the individual…if want someone popular with young people why not get Ronald’s donald

            Also if chartered accountants charged the same fee structure they too would have surpluses or if cpa charged what chartered do there would be no surplus

            Ps i am 31

          • Peter Kay

            31! But you write like a teenager. “Killing” Really? Are you sure the 3 and 1 shouldn’t be the other way around. You got anything new to say other than regurgitating the stuff from the Australian Financial Alex Malley Review (AFAMR)? You got a Point Piper postcode too? Let me explain this to you as if you are a teenager. When you are part of a team you might not like the captain but the team is bigger and more important than you are. So please grow up.

          • ron alberti

            Well you genius…let’s ignore the fin review allegations… what a great job done by Malley and his million dollar team….nsw dept of fair trading looking into deregistering cpa Australia as having regulatory powers as it competes with its members via cpa advice and a company secretary on circa $1m who can’t lodge asic records on time or correctly complete a 202b form….yeh they are great…yeh they are suffering from a meeting of evil minds from politics and old fashioned accountants in a giant conspiracy

            Look forward to your next round of insults and dribble…you have nothing else you pathetic tool of Alex Malley..

            Ps a looser like you could not afford point piper barring a lotto win or an inheritance

            Can’t argue sense with an imbecile or someone corrupt to the core

    • Peter Kay

      The Poet of Point Piper, The Knight of New England and Ron of the Realm. It must be hard for you to take when someone from the suburbs without your breeding and upbringing aspires to be successful and gains a wider public following than you could ever achieve yourself. Some would call it juvenile satire. I call it class-based jealousy.

      • ron alberti

        You are a one man clown show peter Kay…not even your real name, or if it is you are not a cpa member…cpa have no record of you..so keep on with your nonsense. You are providing a laugh to many…you have even been covered on the Iceland wedsite

        • Peter Kay

          Oh deary me, I thought the Knight of New England promised there would be no inappropriate use of the CPA member information he extracted. How’s that going Ron?

          • ron alberti

            Hello there. You are providing us much amusement in the wee hours of the weekend as us superior beings partake in a small port

            Now I am sorry to say captain obvious, you missed the mark again in relation to your name as having no cpa status…it’s a tragedy you don’t have the courage to put your real name but that’s how us chaps discerne class from riff raff…

            As your mates at cpa disabled the find a cpa search engine, I had my butler ring them. We were lucky enough in the sense We did not need to give an address for peter Kay as the kind little minion simply said cpa had no member by that name. I did scold my butler afterwards as I said he should have tried Peter Kaye, as I am sure to have swallowed the self appointed worlds greatest CEO nonsense, you must have been groomed by a relative Henry Kaye

            So I have decided to award you a name that both befits my superior status and reflects your status in my court…. peter the court jester…so next time you table some nonsense, which I am sure you will as you have demonstrated a supperor talent for that, I will save my hard working butlers typing fingers and simply say SPUJ.. surely Pete you jeste

            Now I must go as Jeeves is getting tired taking my dictation

  • ron alberti

    Now all the cpa indépendant board members resign (Alston & Ryan) making it clear in resignation letters they had serious govanence concerns at cpa Australia going back some length of time Further Australia’s most respected banker David Murray resigns membership due to same issues

    Can wait for the mentally deranged ravings about these people from someone clearly in Alex Malleys pocket..I saw a comment from an earlier writer Alex Malley is a cheap property spruiker…here here

    • Peter Kay

      Only goes to show that ‘Get Malley’ has been a political campaign from the start. Alston, Murray, Ashton (Joe Hockey’s man) and a disaffected accountant from Barnaby Joyce country. Dude, wake up . . .here here

    • Peter Kay

      Here’s another fact for you Ron.
      Current ABN 96 654 967 590 registered to Joseph Matthew Aston and the Trading name ‘Body Politic Consulting’. Politics . . .here here.

  • Peter Kay

    The Poet of Point Piper has form denigrating good folk from the suburbs.

    http://www.dailytelegraph.com.au/entertainment/sydney-confidential/fairfax-journalist-joe-aston-forced-to-apologise-over-sick-sydney-siege-twitter-abuse/news-story/f7ea697a193f809c03b4a99e21ec63c3

    “The latest embarrassment for Aston comes after Fairfax bosses tried to rein him in when he called Central Coast residents illiterate shoplifters.”

    “Aston retaliated by writing that Western Sydney residents were inbreds.”

    I can imagine The Poet of Point Piper quaffing on champagne in the members section of the SCG holding a pancake topped with caviar and sour cream whilst booking his next overseas jaunt and laughing heartily as he recounts how he destroyed the suburban accountants brand name.

    I can imagine the Poet of Point Piper in his AFAMR office down on his haunches with his nose and tongue working assiduously on the outer reaches of his $7.5 million boss’ rectum.

  • Peter Kay

    The Poet of Point Piper has form denigrating good folk from the suburbs

    http://www.dailytelegraph.com.au/entertainment/sydney-confidential/fairfax-journalist-joe-aston-forced-to-apologise-over-sick-sydney-siege-twitter-abuse/news-story/f7ea697a193f809c03b4a99e21ec63c3

    “The latest embarrassment for Aston comes after Fairfax bosses tried to rein him in when he called Central Coast residents illiterate shoplifters.”

    “Aston retaliated by writing that Western Sydney residents were inbreds.”

    I can imagine the Poet of Point Piper now quaffing on french champagne in the members section at the SCG holding a pancake topped with caviar and sour cream booking another overseas jaunt so he can inform pleb how wonderful it is to travel the world staying at the best places . . .and then laughing heartily as he recalls the AF(AM)R articles dripping with CA ANZ advertising wreaking damage on the brand name of the suburban accountant.

  • Peter Kay

    The Poet of Point Piper has form denigrating good folk from the suburbs.

    Daily telegraph reported that: fairfax journalist forced to apologise over sick sydney siege twitter abuse. The facts include:

    “The latest embarrassment for Aston comes after Fairfax bosses tried to rein him in when he called Central Coast residents illiterate shoplifters.”

    “Aston retaliated by writing that Western Sydney residents were inbreds.”

    I can imagine the Poet of Point Piper now quaffing on french champagne in the members section at the SCG holding a pancake topped with caviar and sour cream . . . . .booking another overseas jaunt so he can inform pleb how wonderful it is to travel the world staying at the best places . . .and then laughing heartily as he recalls the 75 AF(AM)R articles that have wrought damage on the brand name of the suburban accountant.

  • Peter Kay

    The poet of Point Piper’s twitter feed finally explains what he really thinks of us:

    “- to hell with @cpaaustralia members!”

    • Geoff

      This whole saga has become a joke with everyone manipulating the facts to back up their biased story….read for instance the ridiculous quote above from Peter Kay…if he bothered to read the whole tweet of 2 sentences his quote attributable to Joe Aston is Aston’s view that CEO Alex Malley has of the CPA members. Even my 10 year old son understood that !

      For what is is worth any balanced view would suggest CPA has been run as a bit of a closed shop, members have not been fully informed and the various games they have played to avoid transparancy has resulted in effectively a revolution of take no prisoners.

      i really defy any balanced and sane person to challenge this view.

      I really hope for the sake of our world of business that accountants are not as stupid as displayed here.

      • Peter Kay

        It’s too late for the rebels to plead for a balanced view now Geoff isn’t it? The rebels appointed themselves as representatives for the whole membership and have set lose a pack of ferrals to further their cause. You say revolution and taking no prisoners. I say unprofessional. There is nothing worthy about calling out alleged poor behaviour of others if you can’t maintain standards yourself. With the greatest of respect, I do not accept non-members like the Poet of Point Piper and his ilk telling me how my body should be run. I’d much prefer to have people like that wiping my shoes than instructing me about governance and standards. Read the Fin Review today. Another smear of a fellow member based on speculation and hearsay. I am not copping it. If it is any consolation, I’d say the same thing if the attacks were on you as a member.

        • Geoff

          Peter your comments again seem to be strange…where are rebels pleading for balanced view. I was saying there should be a balanced view on this, so are you accusing me of being a rebel ?. I certainly did not plead !
          In reading your various posts you seem to over egg it completely and you are as guilty as the so called rebels and in doing so make yourself look as unprofessional as they are
          I have a small accounting practice in Victoria. The recent announcement in relation to our insurance risk now appearing to be unlimited due to CPA venturing into financial planning to me shows the management there do not have their eye on the ball. Forget the he said she said stuff that flys around…cpa should be regulating and protecting our interests. This latest issue will more than likely see my risk exponentially increase and PI fees go up.
          This matter should have been looked at before they went into financial planning

  • Peter Kay

    The Poet of Point Piper is the Kyle Sandilands of Fairfax.

  • Leon Fitzgerald

    From suspended (private) school boy to fired CEO to Deliveroo rider.
    Bwa ha ha ha ha.

  • Leon Fitzgerald

    CPA = Cult of Personality of Alex

  • Leon Fitzgerald

    He’s gaaawwn!
    Don’t let the door hit you on the ….