NewsBite

Rear Window

Joe Aston

Ian McPhee's amnesty for CPA Australia's Malley, Petty, Wade and Dickson

It's taken us a while to get a spare few hours in the rocking chair with Ian McPhee's independent review into CPA Australia and a mug of Milo but, now that we have, we are genuinely flabbergasted.

The former Commonwealth Auditor-General – abandoned by former Defence Force chief Angus Houston but assisted by company director Su McCluskey, Allens partner Maryjane Crabtree and governance expert Bob Baxt – padded out the front of his 111-page report, released on Thursday, with some strongly worded and earnest findings: that Alex Malley's pay was excessive, that its spending on building Malley's profile was money wasted (especially its "entertainment-related" sponsorship of Malley's NRL team South Sydney), that the board mishandled its response to the public outcry at its governance and expenditure and that the weakened body needed a clean out.

Loading...
Joe Aston helmed The Australian Financial Review's Rear Window column from 2012 to 2023. Connect with Joe on Facebook and Twitter.

Read More

Latest In Companies

Fetching latest articles

Most Viewed In Rear window

    Original URL: https://www.afr.com/brand/rear-window/ian-mcphees-amnesty-for-cpas-malley-petty-wade-and-dickson-20170919-gykl7i