Good morning, Westpac’s board has tapped search firm Heidrick & Struggles to assist as it ramps up efforts to secure its next chief executive , a move that has triggered defensive strategies at its major bank rivals keen to retain their top talent. The corporate regulator has been accused of fumbling a major investigation by confiscating the passport of a Melbourne-based property developer based on the mistaken identity of a Swiss family with the same surname. Like the fabled golden city of El Dorado, the legend of one of Australia’s biggest gas fields lurking under our feet often has a life of its own. Millions of dollars have been spent exploring what is thought to be a gas-rich region and dozens of wells dug. Some reaching more than 2km below the surface. Apart from frustration, writes Eric Johnston, there’s little to show for it. |