Michael West

Michael West

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

Michael West

The soft underbelly of the regulator

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'.

Michael West

Fundsters get the nod and the cash prize to go with it

Fund managers soaring.

Michael West The best job in the world, without peer, is the job of Australian fund manager.

Michael West

Empire strikes back against shareholders

Oil Dongara 071017 AFR pic by Erin Jonasson. the Mount Horner oil fields in WA's Mid West. Nodding Donkey Oil riggs against a stormy sky, the days of cheap oil are over. petrol, carbon emissions, generic hold for files. AFR first use please. SPECIALX 00043253

Michael West and Su-Lin Tan What Empire Oil & Gas lacks in size, it surely makes up in attitude.

Courts

Blow for Newcrest - exploration licence quashed

Cadia Hill Gold and Copper Operation at Orange run by Newcrest Mining. generic gold , copper , mine , mining , truck , stockpile , workers , blue collar , employment , minerals , export , trade , economy , miners , trucks in the open cut .

Michael West In a stunning decision, a NSW court finds in favour of a small explorer, sending a strong message on who should hold mining and exploration leases.

Comment

Monopoly delivered on a platter

Michael West

Michael West To quote historian Niall Ferguson, they should ensure the survival of the fittest, not the fattest.

Michael West

Hostilities boil over into world war spree

Michael West Here we are sitting pretty at the tail end of the biggest boom in history. You could be forgiven for thinking things were not too bad.

World war spree is declared

Michael West dinkus

Michael West Here we are sitting pretty at the tail end of the biggest boom in history. What with interest rates at a 50-year low, unemployment at just 5.

Michael West

Dressing down local rag traders

Michael West

Michael West Lisa Ho hit the wall after only last month jettisoning plans to list on the stock exchange.

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Michael West

Mateship, it is obvious, can come at a high price

Ian Macdonald

Michael West Give a man a coalmine, make him rich, and what does he do? Tells everybody he's not your mate.

Michael West

Battle for Trust Company

Perpetual Ltd.

Michael West The Perpetual takeover bid is a thing of dreams for long-suffering shareholders in Trust Company of Australia. For Trust Company's other suitor however, it is a nightmare.