
Joe Aston
Founder and Writer at Rampart
Columnist at Australian Financial Review
Founder of @rampart_news, former @FinancialReview columnist. My book on @Qantas, The Chairman’s Lounge, out now.
Articles
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2 days ago |
afr.com | Joe Aston
Jun 6, 2025 – 9.00am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? This week in Rampart, I gave short shrift to the latest wailing from predictable quarters – David Gonski and his trade union, the Australian Institute of Company Directors – about the frightening liability risks that allegedly loom over public company boards.
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4 days ago |
rampart.news | Joe Aston
On Thursday evening, the godhead of company directors, David Gonski, received a lifetime achievement award at the Australian Financial Review's inaugural director awards. Gonski's career is a triumph in the eyes of fellow company directors, all of whom aspire to emulate him, but certainly not to public company shareholders. Objectively, his track record is not great. Westfield has been the great success, which had sweet FA to do with him.
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5 days ago |
rampart.news | Joe Aston
Last Monday, Justice Michael Lee – yes, him again – was grappling aloud with the reasonable expectations of former directors of Star Entertainment, several of whom are in Federal Court defending civil penalty proceedings brought by the Australian Securities and Investments Commission. Those directors' defence, when it's boiled down, is that they couldn't have been expected to comprehend Star's dodgy dealings because they were buried so deep in the board papers.
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1 week ago |
rampart.news | Joe Aston
After spending half of last week in Federal Court trying to follow the rococo English of senior counsel, I desperately needed some light reading. Macquarie Group's latest financial accounts – released nearly three weeks back – felt like the logical place to start. Two things stood out to me. The first was the remuneration outcome of Ben Way, the divisional head of Macquarie Asset Management, who earned $20.6 million in financial 2025.
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1 week ago |
rampart.news | Joe Aston
At 10:30 on Wednesday morning, mining analysts and investors will set off from the port of Ashburton on a taut three-hour bus ride along Mineral Resources' infamous private haul road to its Ken's Bore iron ore mine.
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RT @rampart_news: There's only one reason for an ascendant private fund manager to buy a distressed listed one: liquidity. @mrjoeaston reve…

Straya, we are being led by numpties: https://t.co/SKE5xlW52Y #auspol via @FinancialReview

RT @rampart_news: Sit on three boards and clear $1 million without discharging a bead of sweat – except, perhaps, during your 36 holes of g…