Michael West

Michael West

Michael West comments on companies, markets and the economy. He is a former SMH business editor.

Michael West

McMillan lesson No.1: Watch what directors are doing

Michael West Lesson No.2: if you are playing in loopholes, be prepared to be closed down at any moment.

Michael West

Power prices: time to address the elephant in the room

Electricity

Michael West Both parties have now handed down their policies on electricity prices, but both remain focused on the flea: the carbon tax.

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Michael West

ICash sunk in horror story, Korean style

Michael West

Michael West Julia King and Chris Charlton were hoping for a worldwide hit but got a Korean horror story instead.

Michael West

Flush with cash, News is cut loose

Michael West dinkus

Michael West Here in newspaper-land, we do not luxuriate in billion-dollar government handouts, as do the big car makers Ford, Holden and Toyota.

Michael West

Big bucks for what?

Michael West What does $80 million in liquidators' and lawyers' fees buy you? Answer: Nothing.

Michael West

ASIC dances around the real questions

Michael West

Michael West Pharisaic self-righteousness instead of precise answers was the response to questions about Kagara.

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Media

Latest demerger to cost Murdoch dear

News Corporation CEO Rupert Murdoch and his wife Wendi Deng.

Michael West It was the timing of Rupert Murdoch's divorce news that raised the odd eyebrow in financial markets.

Michael West

Dotcom float shoots the lights out on fee front

Michael West

Michael West When Facebook bought Instagram, it paid a billion dollars for a photo-sharing website with almost zero revenue.

Michael West

Right place, wrong time for Murdoch divorce

Michael West It was the timing of Rupert Murdoch’s divorce news which raised the odd eyebrow in financial markets today.

Michael West

The soft underbelly of the regulator

PIC JIM RICE.14.07.2010 . GENERIC
PIC SHOWS.Australian Securities and Investment Commission. ASIC . GENRIC

Michael West The ASIC email chain for Kagara is chilling. Given the questions over the failed miner's administration, it is critical the regulator is seen to be doing its job properly.

Michael West

Kagara creditors in the dark

Michael West

Michael West ANZ Banking Group called in its loan to Kagara in April last year. That spelt the end.

Michael West

More fuel for the ASIC fire

Michael West It was not a pleasant week for the Australian Securities and Investments Commission.

Duet responds to transation fee claims

Michael West Duet Group responds to Michael West's investigation.

Michael West

'Loan fraud' - but no investigation

Mortgage mortgages home loan loans lending property money cash saving photo illustration generic

Michael West ASIC is yet to launch an investigation into what consumer activist Denise Brailey calls "Australia's subprime crisis".

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Michael West

Duet's 'simplification' more a trick than a transaction

Handshake

Michael West The Duet Group has unveiled its "Group Simplification Proposal", the documentation for what may be deemed the most unnecessary deal of the year.

Banks

Ex-CBA exec heads Macquarie's 'Project Linus'

Macquarie logo.

Michael West Macquarie Group has hired a former Commonwealth Bank executive to handle its regime of regulatory sanctions.

Lenders accused of 'systemic fraud'

Denise Brailey

Michael West Veteran consumer rights campaigner Denise Brailey is to make public 2500 private emails and bank documents from Monday to expose what she describes as ''Australia's subprime crisis''.

Michael West

Missing pieces in a low-doc lending trail that shattered lives

Denise Brailey

Michael West Emails suggest some banks orchestrated the reckless fall in lending standards as the credit boom approached its crescendo in 2007.

Michael West

Why you're never too old for the banks

Michael West

Michael West Heather Simmers was 98, Westpac signed her up for a 30-year mortgage.

Michael West

Warning signs at the punchbowl

Michael West They conjure up marvellous euphemisms in financial markets. The latest is 'tapering'.