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Tony Boyd

This Month

Commonwealth Bank CEO Matt Comyn.

Why can’t Macquarie make up its mind on what CBA is worth?

When CBA reports strong quarterly profits this week, leading banking analysts will say sell. But their colleagues in wealth management will tell clients to buy.

October

The deadly collapse of the Samarco iron ore tailings dam was one of Brazil’s worst environmental catastrophes.

BHP outsmarts the Brazilians – but at what price?

BHP has won its battle to minimise the costs of the Samarco dam failure, but it is yet to convince locals of its commitment to fairness and justice.

Assistant Treasurer Stephen Jones defends the Scams Prevention Network in Melbourne on Friday.

Scam reform lacks teeth

Australia has been a happy hunting ground for criminals running high-tech scams. New laws may not help consumers seeking compensation.

September

EnergyAustralia is cutting solar feed-in tariffs in response to sharp falls in solar weighted wholesale energy prices.

No end to Australia’s love affair with solar

Rapidly declining solar feed-in tariffs could change the way Australian households manage their renewable energy. That is bound to be good for the grid.

Gina Rinehart proved her entrepreneurial skills with the development of the Roy Hill mine.

Gina Rinehart continues her father’s tax crusade

After years railing against the burden of government regulations, the iron ore billionaire is winning support for another key policy passion – lower taxes for northern Australians.

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Rio Tinto’s CEO Jakob Stausholm opened the door to the class action vultures.

Class action skewers Rio Tinto’s Bougainville redemption

A secretive company is disrupting efforts to finally make amends for the environmental devastation caused by its copper mine in Bougainville some 30 years ago.

August

ASX chairman Damian Roche is resisting calls for his resignation.

The ASX’s legal mess reveals deep-rooted problems in boardrooms

Court action against the ASX over its bungled CHESS replacement project reflects a worrying escalation in the box-ticking, compliance culture inside Australian boardrooms.

  • Updated
Getting more actively involved in managing your super can lead to higher returns.

Why I’m glad I dumped my industry super fund

After his SMSF regularly beat the performance of his former industry super fund for over a decade, Tony Boyd urges more Australians to take control of their super.

July

On the day of Sir Robert Menzies’ funeral in Melbourne on May 19, 1978, the chief executive of CRA, Rod Carnegie, hosted Paul Keating for lunch.

Rod Carnegie’s seminal lunch with Paul Keating

Paul Keating reveals, for the first time, the pivotal conversation about the Australian economy with Rod Carnegie at lunch in Melbourne almost 50 years ago.

ASIC chairman Joe Longo has warned about under-investment in the regulator’s enforcement technology.

How ASIC’s new insider-trader busting system works

The securities industry regulator is getting better at catching insider traders. But the cohort of offenders is so dumb it may not make a difference.

Consultancy firm CEO David Moloney, 58, changed his diet so he can live to 100.

Vested interests at play in the chronic disease explosion

A search for good nutrition opened a Pandora’s box of snake oil salesmen and crackpot solutions. It also provided clues to the surging levels of chronic disease.

June

In the end, complexity felled the Lendlease empire

Lendlease was globally recognised for engineering excellence, its ability to build thriving community spaces, and its nurturing of many leading CEOs. Its diminution is instructive as well.

May

Prime Minister Anthony Albanese pushed through the government funding for a logistics hub in southwestern Sydney.

There’s value in big government spending done right

The private-public partnership championed by Anthony Albanese that is transforming the supply chains is a role model for underwriting critical minerals expansion.

A regulatory threat is hanging over the buy now, pay later innovation that made Nick Molnar and Anthony Eisen, billionaires.

Payments innovation under threat from RBA

Buy now, pay later, which revolutionised Australia’s highly concentrated payments system, is under potential threat from increased regulation.

April

ASX chief executive Helen Lofthouse says the modular design of the new CHESS clearing and settlement system will benefit competitors.

How Australia is losing the equity market war

Australia’s equity capital markets are slipping behind global competitors on market value, shares traded and foreign listings. That trend is unlikely to change while the ASX is fixing its monopoly clearing and settlement system.

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Bank of Queensland CEO Patrick Allaway is about to deliver a 35 to 40 per cent fall in half-year profit.

Regional banks dying a slow death

The country’s smaller banks have a bleak future due to higher cost of funds, excessive capital requirements, costly technology upgrades and lack of scale. But will regulators do anything about it?

March

CBA wants to corner the $2trn market for household electrification

There is potentially billions of dollars of loans to customers electrifying their homes switching from coal-fired power and gas to solar and battery power.

Seek CEO Ian Narev has set a new benchmark for exemplary digital transformations.

Metcash and Seek: Lessons from two contrasting IT projects

The learnings should be of interest to the broader economy, because badly handled IT projects – and there are too many to name – are a heavy drag on productivity.

Seek CEO Ian Narev says he “cut and paste” the CBA tech transformation techniques for Seek’s $180 million platform unification.

How Ian Narev copied CBA’s tech success at Seek

Seek’s recent tech upgrade is being talked about as an exemplar case study. Involving 1000 people including 350 engineers, the project came in on time and under budget.

How Metcash’s $80m tech upgrade blew out by $200m

A plan to replace nine IT systems with one Microsoft platform is a case study in how not to manage a large-scale tech project.

Original URL: https://www.afr.com/by/tony-boyd-j67sj