Michael West

Michael West

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

Michael West

Has bank lobbying de-fanged FOFA?

Michael West The single greatest policy challenge in financial markets is the hegemony of the banks.

Michael West

Ignore page count, just note number on the front

Michael Mucci

Michael West Rural communities riven in dissent, angry blockades, a grazier chained to a drill rig, farmers arm-in-arm at the barricades with greenies, the conservative Sydney talk show host Alan Jones allied...


Industry super funds are not all low-cost havens

Michael West dinkus

Michael West The latest figures from the Australian Prudential Regulation Authority (APRA) show industry funds performed about 30 per cent better than retail over 10 years.

Michael West

Watchdog shies away from enforcement

Michael West In mid-2008 the ASIC was warned Storm Financial group was going to blow up.


Gas demand forecasts are completely fracked


Michael West Rubbery figures about Australia's demand for gas are being used to ram through approval for coal seam gas fracking projects earmarked for export.

Boart Longyear: Dig deep or pass the hat again

Michael West dinkus

Michael West The release of Boart Longyear's 2013 earnings on Monday paints a sombre picture.


Boart’s Richard O’Brien finding debt a heavy load to carry

O'BRIEN.AFR.01 OCTOBER 2013.Photo by ROB HOMER ...... portrait of RICHARD O'BRIEN of boart longyear photographed in the offices of j p morgan

Michael West The release of Boart’s 2013 earnings this morning paints a sombre picture.

Study shines a light into dark corners of electricity pricing

Michael West dinkus

Michael West If Tony Abbott wants to achieve lower power prices, he will need to be better advised.

Michael West

Grandmothers, perhaps try ducking for cover

Michael West Got a call from a contact the other day; you'd better have a look at this, he said.

Michael West

Creditors sidelined as LM Group Surfers Paradise property sells for a song

soul apartments

Michael West The administrators of failed funds management operation LM Group have quietly sold a beachside property to a confidante and key associate of LM’s founder Peter Drake for less than half its previous...

Drake transferred funds to de facto as his LM group failed

peter drake lm investments

Michael West As his empire was imploding, Peter Drake was busy transferring cash to his girlfriend.

Michael West

Here's an office that's hardly free with information

Michael West dinkus

Michael West To save money, Abbott might be tempted to look at the Australian Information Commissioner office.

Protecting our domestic gas is critical

Gas or steam leaking from an industrial pressure gauge. Very high resolution 3D render. resaved version of iStock file. previous one corrupting in Cyber. generic iStock.  Gauge and pressure and steam.

Michael West For manufacturers and consumers alike, the soaring price of gas is disturbing.

Out of Africa, problems for Zambezi Resources

Michael West dinkus

Michael West This story is not just about greenies versus miners. It is about common sense.

Michael West

SA judge lifts veil on legal professional privilege

Michael West Rarely will a judge remove the cloak of secrecy between a lawyer and their client.

The ABC needs to start taking care of business

Michael West What a tedious spectacle it is - the left and right tearing strips off each other over the ABC.


MasterCards for 16-year-olds in massive frequent flyer mail-out

The Qantas Cash Card combines Frequent Flyer and debit card functions.

Michael West Qantas and Virgin have embarked on the biggest mail-out of unsolicited debit cards in the country’s history.

Lax lending standards put consumers at risk

Michael West dinkus

Michael West Lenders, aggregators and brokers have hit back at accusations by Choice magazine that ''lax'' lending standards and high loan-to-value ratio (LVR) loans are putting consumers at risk.


Watchdogs asleep on cosy super cash deal


Michael West Regulators are sidestepping concerns the big four banks could be short-changing investors on the cash in their respective superannuation accounts.

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Michael West

Crafty Kibble must have got lost after leaving North Pole

SHD TRAVEL September 1st, Cover Story, Christmas. Santa Claus Village, Lapland, rovaniemi . 

Santa Claus, pictured riding in his sleigh pulled by a reindeer in northern Finland, may be a great man of tradition.  But these days even the symbol of Christmas for millions of children around the world is taking some unusual steps to keep up with the fast pace of modern life.  To help him with what has become a year-round job, Santa has hooked up to cyberspace so fans who can't travel to the Arctic Circle can still see and talk to him live online and watch him receive guests in his office.   (FINLAND OUT, NO ARCHIVES)    REUTERS/Martti Kainulainen-Lehtikuva      PICTURE TO ACCOMPANY FEATURE STORY PEOPLE-SANTACLAUS

Michael West There is a mysterious and dashing new corporate raider on the scene.