This Month
ASX’s fetish for dual-class shares is downright nuts
Computershare’s PointsBet fiasco, the ASX’s James Hardie waiver and its fetish for dual-class shares are the result of decades of policy malaise and neglect of financial infrastructure.
June
Directors preach against hellfires of regulation. Don’t believe them
Planet Ark’s collapse makes yet another lie of the propaganda from Australia’s director-class that boards face unreasonable regulatory risks.
May
We are being led by numpties
A gobsmacking lack of intellectual heft in politics has us on a desperately unsustainable path, yet nobody is proposing to do anything meaningful about it.
April
ASX opens the door to the great James Hardie heist
Last week in broad daylight, the American pirates running James Hardie swept in and stole the company from its Australian shareholders. What did the ASX do?
March
WiseTech shareholders just one cheeseburger away from the void
Richard White’s blind confidence in his own understanding of people – learned from those psychology books he recommends to women on LinkedIn – is deeply misplaced.