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Category: Economy

‘New Spirit of Reward’ at QF

Company annual report season always reveals porkish behaviour around the executive feeding trough, which was last reported in 2009. Star … More

Alan Joyce, executive remuneration, Geoff Dickson, New Spirit of Reward, Qantas

Bluescope Blues

Joining dots in our free-markets (free-for-all) world does not always need those dismal science practitioners known as economists, who are mainly still … More

BHP Billiton, Bluescope Steel, buy Australian, Chinese steel, resource rent tax

One-Told? Can’t Recall!

Justice Robert Austin’s 3,000 page legal judgement of Jodee Rich’s role in the One-Tel telephony company failure incidentally offers fascinating insights into the … More

Graham Richardson, James Packer, Jodee Rich, Justice Robert Austin, Lachlan Murdoch, One-Tel

‘Capitalism: A Love Story’

Michael Moore’s new film ventures into the broken lives of low income Americans suffering in the sub-prime melt-down and so-called global financial crisis, and … More

Capitalism: A Love Story, Goldman Sachs, Hank Paulson, Michael Moore, US financial bail-out, US Treasury, Wall Street

Executive Snouts in the Trough

Corporate porkers are easily identified during company financial reporting season, which unveils excessive executive salary packages. Despite the GFC and southward-heading company profits, their greed … More

APRA executive pay review, BHP CEO remuneration, Commonwealth Bank CEO remuneration, Geoff Dixon, Marius Kloppers, Productivity Commission executive pay review, Qantas CEO remuneration, Ralph Norris

Continue Polluting Regardless Scheme

The Rudd government cannot be trusted nor taken seriously on climate change policy. As Kevin struts the UN stage lecturing others about … More

carbon pollution reduction scheme, Caroline Lucas, Continue Polluting Regardless Scheme, CPRS, Kevin Rudd, Malcolm Turnbull, The Greens

Dolphin Drama

‘The Cove’ is an impressive documentary film (showing in Sydney) about the annual slaughter in Japan of 23,000 dolphins and story of a … More

Flipper, Japanese dolphin slaughter, Oceanic Preservation Society, Ric O'Barry, savejapandolphins.org, Taiji Japan, The Cove

Garrett’s Gorgon-Zola

Federal environment minister Peter Garrett’s latest blooper is gross. A week after Kevin Rudd proudly announced a $50 billion (tax revenue) deal to … More

Barrow Island nature reserve, carbon storage, flatback marine turtle, Gorgon project approval, Mora Main Greens Councillor, Peter Garrett, West Atlas oil rig spill, Zola's Germinal

True Confections

Earlier this year Cadbury downsized 250g chocolate blocks to 200g, but changed to cardboard packaging that looked the same size. Retail prices have not fallen accordingly. Removal of … More

Cadbury, Confectionery Manufacturers Association, downsized chocolate bars, reverse engineering, Trish Hyde

First Home Follies

Last October the first-home buyers ‘grant’ for purchase of established homes was doubled to $14,000, and tripled to $21,000 for new ones. Since then the average first home … More

First home buyers grant, Global Financial Chicken, housing prices, IMF World Economic Outlook, Steve Keen Assoc Prof UWS

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