Tony Boyd

My latest AFR column - This $28m property bust is a cautionary tale for private markets afr.com/markets/debt-m…

My latest column - Macquarie’s disruption to banking ranks up there with AI afr.com/companies/fina…

My latest column - Heat on APRA from CBA attack on MacBank afr.com/companies/fina…

My latest AFR column - AGL and Origin have sent a clear message about the energy transition afr.com/policy/energy-…

Bendigo Bank gets off lightly for systemic failings in anti-money laundering and anti-terrorism financing controls - apra.gov.au/news-and-publi…

Netwealth pays $100m to First Guardian victims and admits it failed to do all things necessary to ensure that the financial services covered by its AFSL were provided efficiently, honestly and fairly. download.asic.gov.au/media/zx5d52fq…

ASX inquiry finds "ASX suffers from a culture of insularity and defensiveness" - recommends "internal separation" of clearing and settlement but fails to define what this means. download.asic.gov.au/media/ajdn5u23…

My latest column - ANZ Bank’s targets disconnected from reality afr.com/companies/fina…

A crystal clear definition of asleep at the wheel - ASIC v United Super (CBUS) judgments.fedcourt.gov.au/judgments/Judg…

@Hattusilis_III Good point. However, not sure an ASX listed company has ever used clawback. All the malus cases I know of have cut unvested equity with the exception of Alan Joyce who lost vested equity. That could have been a tricky legal position for the QAN rem committee but Joyce didn't sue.

Interesting article, but the CEO-pay debate is built on a trick: inflate the potential package so high that any clawback looks like punishment. If a CEO can earn $30m but ends up with $12m, the headline focuses on the $18m they “lost”. But the starting point was ridiculous to begin with. The remaining $12m is still miles beyond any real labour-market logic. We keep talking about the haircut and ignoring the inflated baseline that makes the haircut look impressive. That is how the system protects itself.

My latest column. CEOs are having pay docked. They still may be getting off lightly afr.com/work-and-caree…

@thechartist Supposed to be December 1 in Goulburn. Be fascinating to see the final agreed facts on the Ponzi scheme.

@TonyBoydAFR have you heard anything further on the Linden Toll sentencing?

This London High Court judgement against BHP is a thorough, forensic analysis of the company's inaction between 2012 and 2015 to prevent a disaster that killed 19 people and destroyed the Doce River basin. judiciary.uk/wp-content/upl…

My latest column - Shield collapse is super’s $1.2b wake-up call afr.com/companies/fina…

How Keystone Capital directors Paul Chiodo and Ilya Frolov got the Shield Master Fund through the porous walls of due diligence protecting investors using Macquarie Investment Management's wrap platform - download.asic.gov.au/media/voeecljl…

How many times does the Reserve Bank of Australia have to upbraid the ASX Ltd management and board? I am guessing a lot more. rba.gov.au/payments-and-i…

How JPMorgan Enabled the Crimes of Jeffrey Epstein nytimes.com/2025/09/08/mag…

Justice Catherine Button did not hold back in her final Federal Court orders against Mayfair 101 founder, promoter and visionary, James Mawhinney - judgments.fedcourt.gov.au/judgments/Judg…

Prof Peter Swan from UNSW punctures the argument about the burden of Australia's high corporate tax rate - firstlinks.com.au/the-myth-of-au…

My latest column. Risk culture lacking at Mercer’s $80b super fund afr.com/companies/fina…