Stephen Mayne
@MayneReport
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Crikey & https://t.co/kS7uXPysU3 founder # shareholder advocate # Ex LG Cr # Money Cafe Podcaster # Crikey & Intelligent Investor contributor # ABC Melb pundit.
Melbourne
Joined April 2009
Today is the 19th day since Australia's 5000 pokies venues were shut. Given we lose $38m a day on the pokies, that's a community stimulus worth $722m so far. Retweet this if you reckon suburban pokies rooms should be the very last thing that resumes as the clamps come off.
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Repulsive George Gallway has lost, thankfully. Watch the Neil Kinnock response on the BBC.
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Christian Porter & Richard Goyder both went to Hale School in Perth. It takes gold medal for Jobkeeper rorting. No lockdown in Perth & profit went up from $2.7m to $10.2m, thanks to $7.5m JobKeeper windfall. It has $74m in net assets & $24m of cash in its Foundation. Pay it back.
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Fox News Viewership Plummets: First Time Behind CNN And MSNBC In Two Decades
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Niki Savva: . "Morrison stopped travel from China but waited too long to block travel from the US. He opposed lockdowns, he opposed school closures, he opposed state border restrictions, he opposed wage subsidies, he opposed pandemic leave and he suspended parliament.".
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The best of British - outgoing Chancellor Jeremy Hunt expresses confidence in Starmer and Rachel Reeves, encourages NHS reform he couldn’t do and celebrates “the magic of democracy” with a shout out to Ukraine. Glad he survived and hope he becomes Tory Leader.
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No wonder @JoshFrydenberg kept resisting a NZ-style public register of JobKeeper recipients. His old school was one of the 395 which snaffled $769m of JobKeeper. 80% of private schools did the right thing and claimed nothing. The rest should pay it back.
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For a first time candidate that was a sensational debating performance by @Mon4Kooyong - up against a powerful, heavily funded and well oiled political operator like @JoshFrydenberg. She’d make a great member for Kooyong and we all need to ditch Barnaby from power.
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And as the clock struck midnight, 30,000 Victorian poker machines fell silent, saving gamblers around $45 million over the next 5 days of lockdown. Spend it wisely folks, on food and family in these difficult times.
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Just spoke to a very senior political/media figure who said they felt @ScottMorrisonMP was in deep political trouble and that his long term history of being a nasty bully won't help in his hour of need. Has few genuine sympathisers in the party room.
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Am hearing Kevin Rudd deserves a lot of kudos re the Assange outcome. Threw his frenetic energy into it and knew exactly which buttons to push and who to talk to State side.
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@Adam_Creighton C'mon mate, you're the Economics Editor of The Australian, not a 22yo graduate intern at the IPA. The Berlin Wall came down in 1989, this dictatorship language is ridiculous in the middle of a lethal pandemic.
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Australians lose an average $38 million a day on our 200,000 poker machines. Tomorrow at noon will commence an historic break for the world's most gambling ravaged community when 5000 pokies venues shut the doors.
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Special Minister of State Ben Morton could amend the regulations right now and allow everyone who has COVID to access phone voting. He has refused. Therefore, Dr Monique Ryan is heading to court tomorrow, trying to help up to 200,000 sick Australians get the vote.
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Good to see the speaker sternly putting @ScottMorrisonMP in his place in Question Time just now. Watch this:
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Very disappointed that Nine Entertainment, owned of the "independent, always" Age and SMH, donated $27,500 to the Liberals and gave nothing to the ALP last year. Bias? This raises serious issues about the suitability of Peter Costello continuing as chair:
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Well done to @Mon4Kooyong for shaming the government into action on the COVID phone voting situation. If she can drive these sorts of changes when not even in the Parliament, it bodes well for her performance in a hung parliament.
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It was 5 hours of unhinged abuse for @mcannonbrookes on Sky After Dark last night with Kenny, Credlin, Bolt, Paul Murray, Rita Panahi & various "guests" all having a crack at his bid for AGL. Was this a co-ordinated News Corp attempt to intimidate him out of the public square?.
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Some of the MPs we are hopefully saying a final farewell too today:. Kevin Andrews.Craig Kelly.Eric Abetz.Tim Wilson.Pauline Hanson. They won't be missed. .
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Considering the way the Gillard Government got flogged with hundreds of News Corp stories bagging school halls, can anyone explain why all of Rupert's dancing bears are giving @JoshFrydenberg a leave pass on JobKeeper rorts despite mounting evidence that it is a huge train wreck?.
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Disagree with Janine Perrett on the scale of Tony Armstrong's sins. Being paid to voice an ad for a mutual like NRMA with no identification or vision, is less compromising than Annabel Crabb fronting a "women in mining" conference which puts her in debt to the whole industry.
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Just remarkable that the only two Australian-based journalists travelling with the PM to England are Andrew Clennell from Sky and Geoff Chambers from The OZ. It’s a 2 man News Corp monopoly. Unprecedented media/govt alignment. @aclennell @CUhlmann @Riley7News @BernardKeane.
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A final low-grade effort by @JoshFrydenberg who refused to even attend the AEC's declaration of the poll in Kooyong. It's not as if he was busy in Canberra or something. Kids are still at school locally so he's not on a family holiday in Europe either
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Kerry Stokes is a disgrace. He should resign as chairman of Seven West, apologise for funding a 5 year war against Australia’s best investigative journalist on behalf of a psychopathic war criminal and donate $100m to a press freedom fund, out of which Nine could claim costs.
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Hey @David_Speers, no need to reply but reckon it would be wise to give Greg Sheridan a spell until the Spring. He's becoming nastier and more glass-jawed with age whilst ungraciously taking too many liberties with your generous Sunday morning national ABC TV platform offers.
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Sent a proxy along to Seven West Media AGM today given online questions were banned. He raised Stokes funding Ben Roberts Smith defo case. Kerry Stokes approached him afterwards & said: "Tell Stephen Mayne scumbag journalists should be held to account & quote me on that.". Done.
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Well done to @3AWNeilMitchell for challenging @JoshFrydenberg just now on why he was continuing to throw rocks from afar rather than sitting down and working with the Victorian Government on the re-opening strategy. Everyone is sick of the finger pointing and blame shifting.
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If Credlin is so worried about Australia becoming poorer in a sea of debt, where is the advocacy for higher iron ore royalties on News Corp favourite Gina Rinehart whose family is making north of $5b pa in profit exploiting a once off state-owned asset and shipping it to China?
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"So, Seven wasn’t putting Bruce Lehrmann up for a night or two, which is standard practice to facilitate major interviews. The network was instead putting a roof over his head for a full 12 months.". Is Kerry Stokes fit to keep holding a TV licence?.
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@jeff_kennett Jeff, with all this campaigning to open up, shouldn't you disclose that you are majority shareholder in a pokies servicing company (Amtek) that retrenched 18 staff on July 31 because @DanielAndresMP wasn't allowing Crown Melbourne to re-open. @TimSmithMP @michaelobrienmp.
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Is Jane Hume even aware that Australia has banned tobacco advertising for decades and we have the lowest smoking rate in the world? We are the biggest gamblers per capita but she reckons a blanket ban on gambling “is not the Australian way”. The Libs are just pathetic on this.
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Not a single word on the $1.2 BILLION Fox defo payout on the front page of The Australian yesterday, but huge treatment on the $1.2 MILLION grant a provincial Australian premier gave to a not for profit workers Union for a training program. Perspective, anyone?
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When Seven journalists are taking strong positions on the aged care debate, they should disclose that Kerry Stokes is the second biggest shareholder in Estia Health, which owns two of the worst hit nursing homes in Victoria. See today's @crikey_news
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Always amused when a Murdoch hack complains about "trial by media". No one in human history has sponsored more egregious, biased and brutal media trials that the bloke who turns 90 next week
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Well done @ScottMorrisonMP - you effectively sack Christine Holgate in Question time and now she gets a $1m payout and is working for the Japanese owners of Toll undermining Aussie Post. Great work, son:
Breaking: Australia Post has agreed a settlement with former CEO Christine Holgate. They'll pay $1m to Ms Holgate as a termination payment. Australia Post also agreed to pay $100,000 of Ms Holgate's legal costs. @FinancialReview.
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Treasury admits that JobKeeper was massively rorted with billions going to firms which actually increased their profits: .
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Just appalled that the billionaire daughter of one of Australia's most notorious racists is funnelling cash made from WA's state-owned iron ore deposits to Trump, after all that he's said and done:
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Dutton just claimed on RN Breakfast that women don’t run for the Liberals because they can’t return to cushy jobs in a union or industry super fund. What about the dozens of ex Liberals making out like bandits on the AAT?.
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@CUhlmann Comrade, not everyone on Twitter is a rat in a sewer. It's a bit like calling every journo a foot in door cheque-book journalism scumbag. Suggest some moderation of language although suspect you enjoy firing everyone up. Is it just sport for you?.
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The News Corp AGM was abruptly terminated after just 26 minutes with the operator saying "staying safe, be well and god bless". Rupert didn't even say goodbye and 7 of my 9 questions weren't asked. They are an undemocratic disgrace.
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A couple of weeks ago, Michael Kroger was marvelling on Sky that more than 50,000 people in Kooyong actively chose to reject his great pal @JoshFrydenberg - it was actually 54,021 in the end given that @Mon4Kooyong won by a comfortable 6,012 votes or 2.95%
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How can 3 families - Rinehart, Forrest and Palmer - be worth almost $150b together when these riches have come from a state-owned iron ore resource and the state in question, WA, still has a circa $30b debt because it only charges a royalty of 7.5%?.
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Just told ABC TV that one of Rupert's last legacies will be denying Indigenous Australian constitutional recognition and an ongoing Voice. Sad, really! What a nasty use of personal power.
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Just tuned in to the 7pm ABC TV news to learn about state budget and one of the first things I was told was that it’s free entry to strip joint Spearmint Rhino tonight. Brilliant photo bomb if planned. Watch this. @rwillingham
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"Jodi from Brighton" revealed as the daughter of pokies billionaire Bruce Mathieson, whose husband Gianni Grollo owns 408 Victorian pokies licences in his own right:
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Is there really a public interest in reporting a university of Melbourne office affair on the front page like this. No Murdoch outlet has yet reported that Rupert cheated on second wife Anne with Wendy Deng, who he now suspects was a Chinese spy.
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A marvellous final flourish from Shorten on 7.30, calling on Dutton and Cash to drop the political bulldust and instead join with the government in hounding the crooks out of the CFMEU. Well said, Bill!!
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Another ethics blunder from The OZ in letting Albrechtsen produce a Saturday feature lecturing others on media ethics. When is she going to admit she got way too close to Lehrmann and regrets being a player rather than a reporter in the sordid saga?
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Just depressing listening to Dutton use his second question as leader to accuse Albo of meeting with multiple un-named CFMEU rapists. An appalling unspecific slur of many. Talk about leaping straight into the sewer when voters are fed-up with high-conflict politics.
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Jobkeeper? At $90 billion, it is the most rorted scheme in Australian history. Watch this space. more to come.
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Only Greg Sheridan and Rupert Murdoch could come up with a mainstream newspaper headline like this after all that mad @realDonaldTrump has said and done these past few years.
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Every election, News Corp runs campaigns for conservatives under the cover of news. We call on @AusElectoralCom and @electionsvic to investigate News Corp for what they are — an associated entity of the Liberal Party. It happened in Vic & during the Fed #investigatenow.
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Glad to see the back of @MathiasCormann - his appalling decision to oust @TurnbullMalcolm and try to install divisive Peter Dutton as PM was unforgivable
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Chris Kenny is right - the No campaigners are constantly playing the victim and it was Dutton’s nasty decision to lock his Federal Coalition into a formal No position that unleashed the beasts of division, misinformation, partisanship, politicisation and prejudice.
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Reckon @latingle has laid out the argument why @AngusTaylorMP should be sacked. He is a joke. Shocking judgment.
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How can Rupert Murdoch be fit to own a television license if he leaks Biden's Presidential ads to the Trump camp before they've even gone to air on Fox News? Can any advertiser trust this cowboy to not shaft them as well? Absolutely zero ethical standards
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“Global Warming is good for us”, says disgraceful denialist Andrew Bolt today, showing no respect for the 30 people killed by the bushfires this summer.
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The Qantas board cannot remain silent and inactive. At this point, the next move should be an early exit of Joyce, an independent investigation into his post-COVID leadership decisions and a reduction of his farewell bonus payments
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Alan Kohler today: "the biased media are generally right wing & engage in pumping up the Coalition & attacking Labor. And by biased, I mean Murdoch: if you just read the News Corp papers, you would think the ALP has no hope & Liberal party is a shoe-in."
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Extraordinary rhetoric in the parliament this morning from Dutton, basically suggesting that everyone in Gaza was a terrorist risk. Well done to Zali Steggall for being the first on her feet to take this on.
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It's getting increasingly embarrassing to be an Australian - the system was all set to eject this goose from Parliament based on poor performance and then ScoMo saved him. Why?
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On the same day that the Murdochs shelled out $1.2 billion for their Dominion lies, surely they can't allow these flagrant Rowan Dean lies about The Voice to stand unchallenged. He should be suspended from Sky until he apologises
We all know the Murdoch business model is to monetise fear and loathing but this Rowan Dean effort is beneath contempt. He claims the Voice is a communist plot to install 24 people with life time gigs on massive salaries in marble palaces to spread tyranny on Indigenous people.
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Suspect that News Corp won’t roll back its Australian climate denialism until a major advertiser like Coles, Woolworths or Harvey Norman declares they will suspend all advertising until the company gets on board serious climate change reform such as opposing new coal mines.
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Wake up on a Sunday and we've got Jordan de Goey arrested in New York for groping and affray and Tim Smith resigning as Shadow Attorney General after stacking his car whilst drunk. Warning bells have been ringing about these two for years.
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Am hearing the wider Murdoch family is stirring and the climate denialism promoted in the rogue Australian division could soon come under attack from within.
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The Abbott prime ministership was a fiasco. Giving Credlin an AO for her contribution is ridiculous:
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Saturday's indiscriminate mob attacks on both male & female journalists in Sydney & Melbourne were the worst I've seen in 30 years of journalism. News Corp dancing bears like Andrew Bolt, Paul Murray & Chris Kenny should stop constantly attacking journalists. It's dangerous.
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Terry McCrann is a far right business pontificator who has never really understood politics. He spent the 80s and 90s bagging Keating when he was unveiling mega econoimic reforms. Today he's calling for @DanielAndrewsMP to resign. Just clueless:
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Suspect Albo was booed last night because the only Australian taxpayers who could afford Rod Laver tickets for Sinner heroics were top tax bracket types who were shafted by his blatant broken promise last week.
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Don't think @ScottMorrisonMP should be attending Hannah Baxter's funeral today. He's the PM not the mourner in chief and there was no Federal Government connection to the tragic deaths, unlike with fire fighting.
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Sydney based Editor of foreign owned Spectator Magazine, Rowan Dean, predicts a mass exodus from leftist Victoria. With Labor set to win NSW back in March next year, Tasmania had better prepare for boat loads of Sky watching Liberal refugees.
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Just re-read Keating's Redfern speech. Talk about ahead of his time. One of the best and bravest political speeches in Australian history:.
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Gina Rinehart goes public as a climate change denier - not a wise move for a fossil fuels billionaire at this point in time.
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It is true that thousands of Americans have needlessly died courtesy of Rupert's disgraceful anti-vax campaigning on Fox News. Staggered the channel is still available in Australia and that @woolworths have supported it with hundreds of ads over summer:
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Just voted and spent an hour chatting to the various candidates and booth workers in Menzies. Most interesting comment was that the Chinese community have got the baseball bats out for Dutton and Morrison. All this hyped up warmongering has been politically mad.
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If ICAC knew Daryl Maguire was totally dodgy in 2016 and they were listening to @GladysB phone calls since 2017, why has it taken 3 years for the public to be informed. Voters should have been told before the 2019 election.
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The easiest way for the Federal Liberal Party to undo the damage of Dutton's crazy Voice move yesterday is to remove him as leader. Surprised there was so little talk of this after the Aston fiasco. He's electorally toxic and doing more damage with each passing day. Time to act.
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Some positive exits from the Victorian Parliament:. Neil Angus: Glen Waverley Lib who refused to get vaccinated. Catherine Cumming: red mist inflamer. Bernie Finn: sacked Liberal anti-abortion zealot who jumped to the DLP.
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If you smoke, COVID-19 is far more likely to get you. This epidemic is a disaster for the tobacco industry. Just look at the high death rates in Spain & Italy, two big smoking countries. Thank goodness for Australia's world's lowest smoking rate of 14%. Well done @SimonChapman6.
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The great @AlanKohler today:. "Since 1972, the average tax to GDP ratio during 3 Labor governments was 20.4% while during the 3 terms of Coalition government it’s been 22.4%. In other words, Australia’s highest-taxing party is the LNP, quite comfortably".
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When covering this Abbott meets Vance yarn on p2 today, the Herald Sun should have a disclosure at the bottom: “Tony Abbott is an independent non-executive director of Fox Corp, sister company of News Corp, publisher of the Herald Sun”.
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Reckon @AlboMP should get a message to the Murdochs that if they don't join most of corporate Australia and get behind the Voice, he'll implement a full gambling advertising ban before the next Federal election, costing Foxtel $100m+ in revenue a year.
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The Murdoch family is worth more than $20 billion - how much are they donating to the victims of Australia's worst fire season since Black Saturday in 2009? And why they are still sponsoring denialist rot from nasty millionaire propagandists such as Andrew Bolt and Alan Jones?.
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The most sensible & moderate Nationals MP is Darren Chester. He achieved a remarkable 2PP vote of 70.5% after receiving a swing in his favour of 3.83%. Then ran for leader. Ridiculous that he is not in the Shadow Ministry. Join the cross-bench, son
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Amazed that PVO has gone again this morning on tax policies without disclosing that his wife Ainslie is CEO of the CPAs. Just put the disclosure at the bottom of the column, as a bare minimum:.
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Having recklessly dished out $38 billion of JobKeeper to companies which didn't qualify under the rules of the scheme, it is a bit late for @JoshFrydenberg to claim he's committed to budget repair:
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Just wow. Not even Paul Keating could produce a critique of "Morrison" as devastating as this @TurnbullMalcolm effort from Glasgow. Well packaged by Seven too:
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Yep, this is the best speech by any leader in the western world so far. No need for a press conference or national television address. Just put it out there on twitter and millions will watch it globally:
As you cope with the COVID-19 situation, we're focused on helping you get through this. Here’s what we’re doing to support you. ⤵️
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The @MrKRudd Murdoch Royal Commission petition is getting quite a run - lead story in @TheNewDailyAu this morning:
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For a licensed Australian news channel, this is just embarrassing from the Murdochs, even on Sky After Dark on a Friday night, but especially so soon after their massive admissions of journalistic malfeasance to Prince Harry. How are they still in the news business?
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Not sure the taxpayer should be picking up the legal bills for an MP or Senator who initiates a complaint to the NACC. Particularly a serial litigant like Senator Reynolds.
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Nasty billionaire Gerry Harvey is hoping that no-one notices his results tomorrow when he sneaks it out on the last day of the season with more than 300 other companies. He should be seriously questioned about paying back his dodgy JobKeeper revenues
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Hold the front page. ASIC has put out a release about a Wodonga florist being fined $1000 & given a 24 month bond for making a false statement to the corporate plod. Meanwhile, the directors & execs of Star & Crown remain untroubled by our corporate plod
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The Herald Sun is calling Dan's circa 150k indexed pension "eye-watering", yet they still haven't ever reported that Murdoch men fleece public companies of an average $70m a year in salary and bonuses:
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Feral screamer Rowan Dean demands the Liberals cancel every MP who is not a homophobic, climate denying, refugee hating, racist, religious freak. It’s not even dark yet and Murdoch’s Sky is going mad and bad.
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Nine AGM underway. Peter Costello just sternly told journalists in the room they are not allowed to ask questions.
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An excellent final observation from Gideon Haigh on Offsiders today about Gillon MCLachlan’s Tabcorp appointment and the nexus between sport, gambling and commercial broadcasters. Worth a watch and share.
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Yep, absolutely no need for Harvey Norman to pocket $22m in JobKeeper. Gerry should pay the lot back:
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