With Australia recording its lowest medal tally in 24 years on the Rio Olympics, and Australian Olympics Committee boss John Coates busy hyperventilating on the clouds Grampa Simpson-style, it falls to Wylie to search out the money to keep away from complete embarrassment.
Fortunately a plan to siphon cash straight from suburban lottery lovers to pay for our elite water polo gamers did not get Morrison’s tick within the final federal price range, regardless of backing from Wylie, Coates and former sports activities minister Greg Hunt.
If the PM’s XI might defeat South Africa, possibly different miracles might occur!
We’d like to know if Morrison and Wylie managed to change ideas on former Cricket Australia chairman David Peever, who has lastly slunk away from his job after a damning evaluate (authored by The Ethics Centre’s Simon Longstaff, who managed to misspell Allan “Alan” Border’s identify).
Weaven’s tremendous transfer
Enterprise is booming at Garry Weaven’s Trade Tremendous Holdings, the money pool for our largest union-backed superannuation funds, and enlargement is on the horizon.
And to the place you ask?
Switzerland, after all, for “enterprise growth causes”, we’re instructed.
Trade Tremendous’s funding arm, IFM Buyers, has cracked open the doorways of its Zurich workplace, its first sojourn into continental Europe.
We marvel what enterprise growth is being carried out within the Cayman Islands by means of IFM Asia Pacific Market Impartial Feeder Fund Ltd, an organization that would solely have been named by a tax-conscious lawyer, or IFM World Infrastructure (Offshore).
Have to be some enterprise alternative over on the Caymans (inhabitants 61,000) for Trade Tremendous to wish not one however two subsidiaries on website!
What would Australian Council of Commerce Unions boss Sally McManus suppose?
She will get a seat on Trade Tremendous Holdings’ public entrance, Trade Tremendous Australia.
And he or she’s not precisely been silent when alternative arises to fulminate when our largest firms fail to pay the suitable share of company tax.
Dramas will not cease Pherous’ celebration
Even $500 million of investor cash going up in flames received’t cease Corproate Journey Administration boss Jamie Pherous from having a celebration.
With Rob Luciano’s hedge fund VGI Companions circling and his workers busy making an attempt to work out which of the corporate’s workplaces truly exist, Pherous is off to Hamilton Island for his 50th this Saturday.
Would possibly as nicely have fun in type earlier than shareholders realise their financial savings have taken a visit to the rubbish bin.
And guess who supplied a six-figure mortgage to Pherous to finance his weekend blowout?
Company Journey Administration!
Have to be some celebration. Pherous paid again the final instalment, a paltry $378,000 solely months in the past. Or as the corporate says, “this reaffirms his dedication to reinvesting into the CTM enterprise”.
Wilson not pleased
Who might overlook serial doc falsifier and North Shore MP Felicity Wilson claiming she voted for John Howard in Bennelong when she lived within the Individuals’s Republic of Grayndler.
Wilson is dealing with down Tim James, of the celebration’s conservative wing, to be the Liberal candidate come the state election in March.
And the numbers are (very) tight.
So Wilson, earlier this week, actually tried it on.
One native Liberal, who will vote within the November 12 poll, occurs, for causes recognized solely to celebration apparatchiks, to be a member of a department within the (proper) state citizens however lives within the neighbouring federal seat. This, in keeping with Wilson, renders her ineligible.
NSW Liberal state director Chris Stone agreed, and he or she was solid adrift. However James disputed this, and yesterday was profitable.
So our native resident voter is again in, and presumably totally pissed off with Wilson.
And whereas Wilson has been participating in small-scale warfare, James has been on the Purple Bull accumulating endorsements from Allens chairman Fiona Crosbie, Pacific Fairness Companions chairman Tim Sims and CITIC CLSA boss (and Rolex aficionado) Mark Dorney.
Kylar is The Sydney Morning Herald and The Age’s CBD columnist. He lately lined federal politics, enterprise and NSW politics for Information Corp.