Business
“In this world,” Benjamin Franklin famously declared, “nothing can be said to be certain, except death and taxes.” A few hundred years on, corporate Australia seems hell-bent on making a liar out of him.
Death is still holding out -so no need to fear a business-suited army of the undead just yet—but the taxman has well and truly been given the slip, with billions of dollars from the public purse funneled through loopholes, lurks and perks.
Treasury figures have revealed that over the last decade more than half of all companies paid less than five per cent of their total income in tax: a far cry from the hefty amount individual taxpayers are slugged.
When Virgin Blue finally announced that John Borghetti would take the reins of the airline in May, the only question was why they took so long to arrive at this no-brainer.

Virgin Blue’s search for a new chief executive has, for the past five or so months, been the same story written one hundred different ways. Borghetti, initially seen by pundits as the Cinderella for the discount carrier’s slipper, fell quickly out of contention in late 2009 after the Board seemed to keep the search rolling despite his availability. They kept us all off the scent with remarkable ease.
And why should anyone care? Well the company has never had a change of CEO since co-founder Brett Godfrey took the helm from the get-go in 2000. Despite ten years of very impressive growth, Virgin Blue has up to fairly recently been somewhat of a poor cousin to the far larger Qantas and lacking the ultra-cheap cost structure of Jetstar.
Continue reading "Virgin’s gain damages the Flying Kangaroo" »
Latest 2 of 6 comments
View all comments-
Frequent Flyer says:
Sounds like they both did take it like a man - they both went and got better jobs! Read more »
-
Harquebus says:
Airlines are doomed. Only the wealthy of which, there will be a lot fewer, will be able to afford air travel. They all know that and are just milking dying cows. http://www.guardian.co.uk/business/2010/feb/07/branson-warns-peak-oil-close http://countercurrents.org/mcpherson150210.htm Read more »
Like a teenage son with busted car or a call centre operator who rings at dinner time, you only hear from Kerry Stokes when he wants something.

Billionaires - real ones, not the fly-by-nighters who appear suddenly on the BRW rich list and disappear just as quickly one year later - are notoriously private people. But years can pass without a significant public performance from Stokes.
Sure, he pops up every six months to deliver another set of opaque accounts from the Seven Network. But you know he only does that much because he has to. (Seven, being a listed company, has a few shareholders other than Stokes himself.)
Continue reading "A rare sighting of the lesser-spotted Kerry Stokes" »
Latest 2 of 3 comments
View all comments-
Sam Chowder says:
Mr Rudd, not content with suffocating and chopping the legs off Mr Garrett, tries to stop his heart pumping Read more »
-
K says:
Great article, will be interesting to see what happens Read more »
THE German or Japanese languages may have one, but there is no word in English which accurately conveys the crushing, overwhelming sense of misery felt at the end of a good holiday.
It doesn’t seem to matter if you’ve had one week off or four, whether you love or hate your job. The first day back at work always feels like a special kind of hell when you wistfully recall where you were and what you were doing a week or so prior.
Talking to a mate yesterday, who like me was on his first day back after a three-week break, it struck us how so much of this dislike of modern work doesn’t stem from some irrational hatred of having a job. Instead, it’s to do with a justifiable sense of frustration at the way we are often compelled to do our jobs.
Continue reading "Too busy holding meetings to do any actual work" »
Latest 2 of 62 comments
View all comments-
rob says:
Why do we all hate our jobs so much? I found that meetings were really just a forum where the firm found out who did not articulate the “party line”. Read more »
-
Tombarina says:
What appalling cynicism. I find meetings very useful. Particularly for inventing ludicrous management-jargon corporate-speak, which I then helpfully introduce into the discussion. Next time the agenda’s grinding to a halt, try suggesting that “an actionable platform would be to embrace full operationalisationing of the functionosity journey - thereby harnessing cascade… Read more »
Following the success of my colleague Paul Colgan’s call for entries to the Punch Political Dictionary, today we’re launching a parallel appeal for entries to the Punch Business Dictionary – those words and phrases that tripped off the tongue during the corporate gyrations of the past year.

The good folk at Macquarie Dictionary have offered six suggestions. Here are ours. Over to you - and please give generously.
Float-model: A beautiful woman used to attract investors to your listing on the stock market. Pioneered, and possibly perfected, by Myer with Jennifer Hawkins during its $2.4bn float. Investors, some no doubt encouraged to open their wallets by the presence of the former Miss Universe, are still waiting for the shares to reach their issue price.
Continue reading "Call for entries: updating the Punch business dictionary" »
Latest 2 of 7 comments
View all comments-
Polite Please and lets all get on!?!? says:
A kind and gentle farewell/ or a softer come back to the opposition, as you are thank-you?!? C - see U - you N - on T - Tuesday Read more »
-
Shane From Melbourne says:
Industry Self Regulation: an oxymoron where you give the keys of the asylum to the inmates and tell them they can run it themselves….. Read more »
On a rainy Autumn afternoon in April 2006, while sitting in the front room of my home, I launched Digital Photography School - a blog about photography to record and share the lessons I was learning in photography.
The first post was on shooting action shots in low light conditions - it wasn’t that great and I’m not sure that anyone ever read it - but it was a start.
Today, 3 and a half years later, that blog is read by over 3 million readers a month and is quickly paying my mortgage - in fact in November it generated more than $100,000, most of that in a week after launching a Portrait Photography Tips E-book.
Continue reading "Seven rules of blogging from a legend of the craft" »
Latest 2 of 65 comments
View all comments-
Homemade Group Masturbation says:
I should notify my girlfriend about your post. Read more »
-
paul says:
What’s not mentioned here (over to Problogger for that I guess) is the knack of choosing the right niche and angle. If I was looking at doing a DPS back when Darren started it I’d probably see all the other thousands of photo oriented sites/blogs out there and the Flickr… Read more »
At first blush today’s employment figures are an early Christmas present for the federal government. Some 30,000 jobs were created in November and the unemployment rate, against expectations, crept downwards by the tiniest of notches.

But there won’t be any champagne popping in the Cabinet room. There’s a worrying trend beneath the figures: the mining states, which you’d assume are leading Australia’s unexpected economic performance, are actually shedding jobs. It’s the states in the southeast - previously the laggards - where the jobs are being created.
So [the run-up] to Christmas Eve will be a nervous one for Kevin Rudd. Santa could be preparing a big sack of trouble to chuck down his chimney in the form of the national accounts which come out on December 24 16 and should give a clearer indication of any weak spots in the economy.
Continue reading "The one Christmas present Kevin Rudd doesn’t need" »
Latest 2 of 26 comments
View all comments-
Public Record says:
Oops… in SA, employment in Nov was effectively flat, despite a small rise in full-time employment (seasonally adjusted). Tired, me. Read more »
-
Brent says:
If Australia is the smart country how come it hasn’t realised that the ets and ‘environmental’ issues are all a big rudd distraction from the fact rudd hasn’t made a dent in health, education, state mess ups and economic development. Read more »
This is a sad week for Australia.
For more than 30 years the not-for-profit organisation Young Achievement Australia brought business skills to some 190,000 students. It was a beacon of inspiration, a source of knowledge, and a cultivator of leadership for thousands of young Aussies.

This week YAA will shut down, because its funding has dried up. It is a tragedy for all of those who have experienced its excellence, and for all of those who never will.
Continue reading "Light flickering out for a beacon of our prosperity" »
Latest 2 of 6 comments
View all comments-
Lisa says:
The Australian government and the Australian people are generally disinterested, even outright angrily suspicious of entrepreneurial behaviour. They don’t understand it, but they know they don’t like it. They think it has something to do with America. We are a convict country, we like big government and handouts. That’s the… Read more »
-
Lyndal says:
The YAA Business Skills Program offers more than a crash course in entrepreneurship. Participants complete the program with skills that enable them to make a seamless transtion from student to employee. What they learn from hands on practical work and experience can’t be simulated in the classroom. This program is… Read more »
The journey started a few years back when a tomato and pumpkin self seeded in the mulch in our backyard.

And it’s culminated now with me doing my best to avoid the supermarket for fruit, vegetables and meat by producing my own.
And in between - while I profess no inside knowledge about trends in food shopping - I have concluded that when blokes like me start talking about self sufficiency, the retail supermarket giants have to lift their game.
Latest 2 of 15 comments
View all comments-
Michael says:
I’ve got a massive veggie garden, don’t know why you guys are having such problems with pests, I just did some spraying with home made onion, chilli and garlic pesticide/repellent, companion planted and left the lady beetles to their thing and their all gone now. Got a 200 ltr barrel… Read more »
-
watto says:
David,the thing I don’t understand about you religious types believing in gods and the inherent goodness of capitalism, is Jesus was a communist who preached sharing and valuing people before greed. He was a bleeding heart that hung out with societies poor and marginalised. Jesus performed feats that New Agers… Read more »
Gold Coast United owner Clive Palmer has decided to save his club $100,000 every home game by capping the crowds at Skilled Park at 5000.

For mining billionaire Palmer, this makes perfect business sense. For anyone interested in furthering the football cause in Australia, it doesn’t even reach common sense.
Personally, I have two reactions to this story: first is the emotional fan who says this is an outrageous move that disregards the whole point of what Football Federation Australia were trying to achieve when they granted Palmer’s bid an A-League licence.
Continue reading "Gold Coast crowd cap means bad business for everyone" »
Latest 2 of 35 comments
View all comments-
Gweeds says:
Richard. Your contributions to the debate is zero. You are adding nothing new. Express your views by all means but at least try to be somewhat original. I’ve heard your views many many times from AFL supporters (unlike yourself my brain is capable to follow two codes. Go Blues). You… Read more »
-
Richard says:
Gweeds, this is a free country and this is a free website, so if we want to express our views on your stupid game, we bloody-well will. Read more »
It is a running joke in my office that we should just pack up and relocate to Norway.

Norway has an enviable track record when it comes to gender equality initiatives.
And looking specifically at the issue of women in corporate leadership, Norway’s experience with the introduction of quotas for corporate boards has shown that such measures can radically alter gender equality outcomes for the better.
Continue reading "Why gender quotas would help Australian business" »
Latest 2 of 68 comments
View all comments-
Les says:
The sex discrimmination tribunal is an arm of the femminist movement and men are finally beginning to wake up to this. For years men have been making concessions to appease those who strive to bring about greater gender balance whether in work place or other areas. Personally I think this… Read more »
-
Observer says:
Don’t get me started on that biased institution called the Family Court-aka men haters inc. Read more »
It’s a little-known fact, but not long ago the Commonwealth Government hired some corporate management consultants to update our national anthem. The first verse became:
Australians all let us rejoice: National stakeholders going forward should be committed to visionary communications
For we are young and free: For we incubate next-generation scenarios that leverage dynamic functionalities
With golden soil and wealth for toil: With mission critical infrastructure to maximise world-class deliverables
Our home is girt by sea: Our brickware harnesses frictionless supply chain scenarios.
Continue reading "Global Frankness Crisis contributed to the GFC" »
Latest 2 of 13 comments
View all comments-
Natz says:
I’m a corporate writer who was recently sacked because my writing was ‘not appropriate for the audience’. I also had an article in a big selling national magazine at the same time. The editor of the magazine changed a handful of words… my communications manager changed every single sentence. Don… Read more »
-
TiredWebEditor says:
For 10 years I’ve been writing and editing web content for large companies. For those 10 years I have been begging and pleading with marketing and other content “experts” to write clearly, without jargon or excessive marketing speel. To no avail and for a very simple reason. Loss of power.… Read more »
Last week I was fortunate to be invited to be part of the launch of a new business on Kangaroo Island, which is in my electorate.

Kangaroo Island is one of the most beautiful parts of Australia, it is frontier country.
But the very thing that makes it so beautiful for the hundreds of thousands of tourists is the same thing that makes it so challenging for its residents and its economy.
Continue reading "Entrepreneurial spirit beats government every time" »
Latest 2 of 9 comments
View all comments-
Russ says:
But you have just shown how the assistance of the Rudd government in the form of our trade commission was a very important part of this success. You dill. Read more »
-
Shane From Melbourne says:
I’m sure the duopoly of Coles and Woolworths and all the banks would agree with you. The government should keep out of the economy and let them rip off the consumer. Epic fail on this article for intellectual content. Read more »
Nowhere is the disconnect between the business fraternity and the wider community greater than on the issue of executive salaries.

Forget trying to explain a $10m-plus pay packet with references to “international benchmarks” and “long-term incentives”. The public simply doesn’t accept that anyone, no matter how brilliant, is worth $190,000 a week - or 150 times the average salary.
Given this depth of anger among voters towards the occasionally obscene salaries received by our corporate leaders, the Rudd government has shown remarkable restraint on the issue.
Continue reading "On the pay divide, opinion counts as much as coin" »
Latest 2 of 7 comments
View all comments-
Phil says:
Tim its quite simple. If these major super funds who control the majority of shares in some companies have members voting with their feet, they may take notice. But also remember that these same execs controlling the super funds one day want to be board members so dont hold your… Read more »
-
Daniel says:
No executive should be paid more than 30 times as much as the average salary earner. Anything more is excessive. Read more »
“It is the government’s clear desire for Telstra to structurally separate, on a voluntary and cooperative basis.” - Communications Minister Stephen Conroy.

Let’s cut to the chase. There is nothing “cooperative” about what the government wants to do to Telstra. This morning’s announcement from Stephen Conroy, fulfilling his veiled threats to the giant company pretty much since winning government, is the end of Telstra as we know it. The 600-pound gorilla of the telecommunications industry will never be the same again.
The government’s new laws, flagged late last year when it spectacularly locked Telstra out of the national broadband network project, are designed to break up the company and prevent it from undermining the NBN. In short, Telstra can’t continue to be the dominant force in all corners of the market.
Continue reading "Cooperation with Telstra? Give us a break" »
Latest 2 of 95 comments
View all comments-
Francesco says:
What is the Australia government becoming when it wants to ban a company from participating in a new business opportunity simply because the company has business assets the government wants it to divest. This is anti-competition, anti-capitalist and anti-market. If the company has anti-market operations then leave it to the… Read more »
-
Michael says:
Peter of QLD, you are deluded if you think that other companies don’t spend money on infrastructure and you’re even more deluded to praise telstra for what little they have done, did you realise that Telstra was fined millions for deliberately blocking other ISPs from their exchanges? what this means… Read more »
For those of us concerned about competition and consumer law issues there comes a time when the case for action is so overwhelming that we need to the ACCC to stop “watching” and to act decisively in the consumer interest.

In the petrol industry that time has come.
On this occasion it’s the urgent need for the ACCC to block Caltex’s proposed acquisition of Mobil service stations.
Continue reading "Copping a servo: stop Caltex buying Mobil’s stations" »
Latest 2 of 3 comments
View all comments-
amplion says:
It’s not just whether ACCC thinks the Caltex acquisition might be a threat. It’s a real world question about (bigger) monopolies being created and the effect that will have on us as consumers. The record of ACCC, particularly in relation to the fuel corporations, seems indifferent at best. There is… Read more »
-
I Tarbell says:
If the ACCC conclude that the Caltex acquisition of Mobil service stations represents “a very real and substantial threat to oil industry competition”, the ACCC MUST act to stop this anti-competitive merger in the interests of consumers. In recent years the ACCC have developed a shameful record of putting the… Read more »
There is nothing like an Equal Pay Day to make a man see red.

Writing on Tuesday about research that claims women earn 17.5 per cent less than men in Australia, I drew the wrath of blokes from around the country.
That figure came from the Australian Bureau of Statistics but was used by the newly formed Equal Pay Alliance of 135 organisations to make their point.
Continue reading "Men can’t keep it level when it comes to equal pay" »
Latest 2 of 32 comments
View all comments-
Mark says:
There is no logical reason why there are not more Catherine Livingstones and Gail Kellys out there Well lets start with Applications for Job, Has there been any look at all at the number of creidble applications for Top level jobs? If 40 men and 5 women applied for 2… Read more »
-
Mandy Black says:
You are such a fantastic writer Kate, great story. Could it be that some of us have not moved on from the past? I mean our parents, their parents and so on, was all in the mine set that the man went to work and the women stayed home.Therefore a… Read more »
In the run up to Father’s Day the electrical stores are spruiking like it’s Christmas. You can be sure that along with any of the hot deals from digital cameras to TVs will come one innocent –sounding question.

At the very point of sale when you’re about to hand over the cash for dad’s gift you’ll be asked “Would you like an extended warranty with that?”
It sounds simple enough. An few extra years’ “protection” for a hundred bucks or so, depending on the price of the item.
Continue reading "Are we being served? The rort of extended warranties" »
Latest 2 of 9 comments
View all comments-
David (London) says:
A considered and practical guide to this issue. Thank you. Read more »
-
amplion says:
CHOICE, as usual, is leading the way in representing the interests of consumers. Like the other posts here, we have found the “extended” warranties are a complete con and a total waste of money. Read more »
Of all the silly moments in his career, Sylvester Stallone’s turn in Demolition Man as a good-cop-turned-bad who is incarcerated, cryogenically frozen and then thawed out to fight his nemesis, serial killer Wesley Snipes, must rank as the high point of Sly’s cinematic stupidity.

There is however one accidentally prescient moment in the movie - in the futuristic dystopia of Los Angeles, a war within capitalism has left Taco Bell as the last corporation standing.
Substitute the word Woolworths for Taco Bell and you could film Demolition Man II in Australia. On current projections, by 2015 Woolies will have bought the NRL and AFL, the excellent Lebanese food chain Brothers Kebabs and the popular rock bands Powderfinger and The Veronicas.
Continue reading "Our dirty secret: we actually love massive supermarkets" »
Latest 2 of 5 comments
View all comments-
Venise Alstergren says:
Speak for yourself David. To me any kind of supermarket is a living hell. The only ones I find at all tolerable are in South America. You can get made up sandwiches and a good display of wines and you don’t get rude women barging into you with their baby… Read more »
-
Jake the Muss says:
Wow David, some excellent posts of late. My only problem is that you pick on Demolition Man. That movie is probably one of Sly’s greatest films, and with libertarian leanings. That dystopian future doesn’t seem so far away now, what with smoking bans, attacks on junk food, etc. ‘salt is… Read more »
IT seems incredible but barely two years into the greatest depression/recession/downturn/hiccup (take your pick) the world has suffered since the 1930s, we’re already talking about bubbles again.

Experts fear the 30 per cent surge in the local stock market since March – mirroring a similar spike on Wall Street – is building into a premature and unsustainable bubble crying out to be pricked.
Reserve Bank boss Glenn Stevens reckons the housing market, fuelled by record low interest rates and the government’s first-home owners giveaway, is looking dangerously like a bubble that could need a dose of higher interest rates to deflate.
Continue reading "Human nature is to be forever blowing bubbles" »
Latest 2 of 3 comments
View all comments-
barbara.bell says:
My name is barbara. I came here while searching quest of something on google. hope to have a high-minded time here. Read more »
-
Terry says:
Clive is correct. Markets will always be influenced by human nature and emotion. The problem comes when governments interfere with so-called free markets, they are only free when the good times roll but when it hits the fan, they get bailed out or given stimulation money. Markets should be left… Read more »
CHINA is a huge country. Its landmass is 25 per cent bigger than Australia, its economy is 10 times larger, it has 60 times as many people and, I am led to be believe, significantly more BBQ duck restaurants.

Thankfully, Australia is still ahead in a few areas. We have more stars on our flag, we have won more cricket World Cups and, as developments in the past few weeks prove, we trounce the Chinese in corporate haggling.
Increasingly, Australian business is going to rub up against China. The People’s Republic is our No2 trading partner but is likely to regain the No1 slot from Japan this year or next. And Beijing’s “go global’’ directive, or zou chu qu, means China’s state-owned firms will continue to eye opportunities to join with, or buy outright, Australian companies.
Continue reading "China will have learned from failed mega-deal" »
Add your comment
WHO’D be a business owner in Australia?
With the way the Federal Government up-ends the apple cart every few months you’d have to have a thick skin, and a thick wallet, to want to have a crack at increasing the nation’s prosperity.

One of my mates runs a solar energy company - an occupation unrivalled in its capacity to guarantee you endless sleepless nights, wondering when the Federal Government will deliver its next windfall, followed by a swift kick in the guts.
Continue reading "Why Australian business needs to think on its feet" »
Latest 2 of 3 comments
View all comments-
Russell says:
Small business has always been heralded as the home of innovation, which is recognised by the introduction of policies for investment allowances and R & D rebates. Yet these continue to swing back and forward every year as policy settings are tweaked for financial outcomes. In some ways, small business… Read more »
-
Tory says:
It’s slapstick politics! Cue Benny Hill theme. I can’t believe that the Government comes up with an idea like the solar energy rebate, which then turns out to be immensely popular (great) but so bloody popular they cut off the rebate! They should have just ridden that pony till it… Read more »
LEWIE Ranieri was one of the stars of Liar’s Poker, Michael Lewis’s fantastic expose of excess on Wall Street and in London in the 1980s.
At his best, the Salomon Bros trader, who pioneered the kind of mortgage-backed bonds that brought the financial system to its knees last year, was taking home somewhere between $US2m and $US5m a year. He famously owned more powerboats (five) than suits (four). He was, in the vernacular of the times, a big swinging dick. A master of the universe. A Gordon Gekko before Oliver Stone and Michael Douglas brought the fabulous rogue to life.
You didn’t get much more colourful or successful than Ranieri (who, incidentally, is still mooching around Wall Street as a fund manager). But, for anyone with more than a passing interest in matters financial, his salary, so celebrated at the time, now looks absurdly small. Telstra’s David Thodey, who’s running a regulated utility at the bottom of the planet and drives a Toyota Corolla, will earn more most years.
Continue reading "How did we end up with all these zeroes?" »
Add your comment
LIKE darning socks, car-pooling and drinking instant coffee, bank bashing went out of favour when we were all getting rich during “the great neo-liberal experiment”. Now, from the top office in the land down, this wholesome pursuit is making a comeback.

It’s not that the banks ever lost their talent for bastardry. It’s just that for a decade or so it has been suppressed by competition – from the likes of Aussie and Wizard – and by the buoyant economy. That $140 annual account-keeping fee didn’t look so bad when your credit card was in the black and the value of your house had doubled in the past two years. But with competition to the Big Four now all but wiped out, leaving the Westpac, Commonwealth, NAB and ANZ as the last saviours of our financial system (just ask them), the bastards inside can once again be unleashed.
The Commonwealth took one for the team this week when it raised variable home loan rates 0.1 percentage points to 5.74 per cent. It was the first mortgage rate increase by the banks since last year but won’t, unfortunately, be the last.
Continue reading "Bastard banks making a comeback after the boom" »
Latest 2 of 4 comments
View all comments-
kevin phillips says:
Why do banks charge fees (12 billion dollars worth per year) when they are already making a profit from charging more interest on loans that what they pay for the ,money? Answer: same reason as why a dog licks their genitals; because it feels good to them. Read more »
-
Kevin Phillips says:
Surprise surprise! The banks have manipulated the financial system in Australia to emerge as the dominant providers of finance to the masses and we all just continue to accept the banks shoving the red hot poker in to us where it hurts! Banks always have and always will give Australian… Read more »
Having just moved back to Melbourne on a characteristically wet and cold June weekend I thought the fact the streets were empty had something to do with the Queen’s birthday and the weather.

Not so. I had arrived in a city on the brink of collapse; a post-apocalyptic nightmare in which the survivors were obviously hauled up in bunkers somewhere. I was in mortal danger of being eaten by the now cannibalistic mobs roaming the streets.
When I arrived in my apartment the heat worked, as did the television but the bad news came during the broadcast that had somehow gone to air.
The news said that following the bushfires, the bashings of Indian students and now the rampant outbreak of swine flu in the state, the world could soon be under the impression that Victoria is too dangerous a place to do business.
Continue reading "Vicpocalypse is here but Melbourne the most livable" »
Latest 2 of 7 comments
View all comments-
Simon says:
Adam, if you hate Melbourne so much then I will be happy to buy you a ticket out of here. Our wonderful city will be so much better without you. Read more »
-
Adam says:
Pete, I’m not from NSW and have never lived in Sydney. And I don’t believe you’re from Melbourne - your comments are a million miles away from reality. You’re kidding yourself if you don’t think Melbourne compares itself to Sydney. Apart from AFL, it’s all anyone here talks about. Read more »
We always knew Sol Trujillo was a smooth talker. Now we know just how smooth. His replacement at Telstra, David Thodey, will be paid at least $1m, and possibly as much as $4m, less a year.

Details of Thodey’s contract, released to the ASX this morning, actually say more about Trujillo than his successor. Trujillo may not have been able to bend the government to his will but he could sure strike a good deal with a pliant Telstra board.
Thodey, who colleagues say is a good negotiator, will be paid $2m a year. Trujillo got $3m. Thodey could top up his pay with another $7.2m in bonuses if he hits certain targets. Trujillo’s bonuses could run to $10m. If Thodey, and Telstra, hit every target in the coming year, he could earn up to $9.2m. Trujillo took home $13.4m last financial year.
Continue reading "Deal for new Telstra boss shows how good Sol was" »
Latest 2 of 2 comments
View all comments-
sam h says:
get real telstra ...speedy gonzales ripped you off and you simply rolled over for him Read more »
-
Damo says:
“Everyone – shareholders, staff, the government and Telstra’s rivals – hope this is a new era for the company after a bruising four years.” Lets be honest. Everyone is hoping for this, but realistically, it ain’t going to happen, is it? Read more »
Recent posts
The latest and greatest
To damage your reputation, hire Max Markson
``How do you start a small business? Give Warwick Fairfax a big one’‘, should be reworked… Read more
Most commented
The talk of the town
- Why there is no International Man’s Day 174
- I am woman, no comment. 130
- Art is the not the enemy in the fight against child porn 127
- Uncovered meat, Facebook and a simmering melting pot 114
- Even for angels a warm inner glow ain't hard cash 114
- Abbott slams Rudd team's robotic lipservice 37
- Former army chief says 'make love, not war' 18
- One small step for Kennedy, one giant leap for Obama 11
- To damage your reputation, hire Max Markson 3
Punch live
Up to the minute Twitter chatter
Gentle jabs to the ribs
Breaking news: Something is going on
Is this the greatest ever send-up of 24-hour news? Warning: contains strong language and hilarity. From… Read more

Latest 2 of 32 comments
View all commentsAdd your comment