Former Australian Stock Exchange Board Chair Maurice Newman says burdensome regulations and growing social responsibilities are preventing companies from going public.
Mr Newman on Thursday expressed nostalgia about a time many people owned a piece of their company and said "we’re going to lose that.". He said part of the problem was the social responsibility increasingly required of businesses - to the "detriment of risk-taking". "What we're seeing is a growing number of new generation directors who are into virtue signalling.
Poor snowflake. Society doesn't need to be bullied by corporate clowns - regulations exist FOR A REASON and ARE A GOOD THING! Libertarian private-school-boy neoLiberal Party Voters in their real estate/finance/business jobs wouldn't know from their McMansions...
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It has become ‘bad for business’ to criticise China | Sky News AustraliaSky News host Andrew Bolt says it has become a “pathetic” trend among companies and governments alike, primarily in the West, to not criticise China because it has become “bad for business”. \n\nMr Bolt said the 'West' is “part of the problem”, and has become “too weak, too dozy and too greedy to stand up to this fast-growing menace”.\n\n“The dictator in Beijing must be laughing….as President Xi Jinping crushes all dissent and flexes China's power,” he said. \n\nMr Bolt was critical towards the Australian government for not responding by providing “the kind of armed forces we need… as the defence minister admits that China and technology are not waiting for Australia”.\n\nImage: Getty I guess FauxMo is not anti globalism like he'd like his followers to believe. Andrew himself is at times pathetic,,he should be on whinging radio,,just as bad for doing nothing!
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