The money behind the Australian Grand Prix must stare in envy at the endless parade of horses, hats and money that flock to the Birdcage during Melbourne’s racing season.
Getting a horse in the Melbourne Cup field is an expensive business — even if racing idealists call the Cup an egalitarian race. James Thomson surveys the field of horse owners.
Power players are fantastic at asking the killer question. They know exactly what to ask and when to ask it. Most of us are fixated on the answer. Power Players think only of the question. And in business, this is one of the smartest things anyone can do.
So, has young Jimmy been sacked, demoted, or shown the door for the phone hacking that took place at News International? Well, no. He’s been promoted and awarded a US$5 million cash bonus for having such a great year.
Many will admire the Fairfax board's stand to block Gina Rinehart. But from a business standpoint, the board is now in a very difficult position and has raised some really big questions.
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