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Tony Boyd

Tony Boyd

Financial Review

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This $28m property bust is a cautionary tale for private markets

This $28m property bust is a cautionary tale for private markets

What happened to these 72 investors highlights the perils of private markets: high fees, opaque valuations and millions in losses. It’s a warning to...

monday 10

Financial Review

Tony Boyd

Macquarie’s disruption to banking ranks up there with AI

The bank’s role as the disruptor in chief to traditional banking warrants equal prominence as questions about the impact of artificial intelligence.

16.03.2026 10

Financial Review

Tony Boyd

Heat on APRA from CBA attack on MacBank

If APRA is persuaded there is no level playing field in retail banking in Australia, it would have implications for competition and the future of...

01.03.2026 20

Financial Review

Tony Boyd

AGL and Origin have sent a clear message about the energy transition

The country’s two biggest listed energy companies, under Frank Calabria at AGL and Damian Nicks at Origin, are getting on with the energy transition...

15.02.2026 10

Financial Review

Tony Boyd

What Bernie Madoff can teach us about the Shield collapse

It is clear from ASIC court filings that a managed investment scheme that has left superannuation investors in limbo was riven with conflicts of...

01.02.2026 10

Financial Review

Tony Boyd

Big business thumbs its nose at ASIC alumni

Accepting a commissioner appointment at the Australian Securities and Investments Commission is not recommended for those seeking careers on a...

18.01.2026 20

Financial Review

Tony Boyd

Cracks in VC’s grandiose UTS restructure

A leaked report has pinpointed weaknesses in a $77 million IT project at the centre of controversial $300 million transformation project at the...

04.01.2026 20

Financial Review

Tony Boyd

Snail’s pace scam reform delayed to 2028

Global criminal enterprises that scam about $2 billion a year from Australians will welcome the delayed introduction of a scam intelligence network.

21.12.2025 20

Financial Review

Tony Boyd

ANZ Bank’s targets disconnected from reality

ANZ Bank charismatic CEO Nuno Matos is stretching credibility with his promise to lead the greatest banking turnaround since the 1990s.

07.12.2025 9

Financial Review

Tony Boyd

CEOs are having pay docked. They still may be getting off lightly

ASX boards are responding to pressure from regulators and investors to make executives accountable for failures in risk management. But is it enough?

24.11.2025 10

Financial Review

Tony Boyd

Shield collapse is super’s $1.2b wake-up call

Why, after 35 years of reform, are financial services ‘entrepreneurs’ so easily able to get past investor protection laws policed by ASIC and APRA?

12.10.2025 10

Financial Review

Tony Boyd

Challenger primed for Japanese takeover

Dai-Ichi Life’s move on Challenger is to benefit from regulatory relief and an ageing population moving from accumulating super assets to guaranteed...

28.09.2025 30

Financial Review

Tony Boyd

Tech risks pile up as UTS restructures

Information technology risks loom large at University of Technology Sydney as it prepares to release details of a proposed $100 million cost-cutting...

14.09.2025 40

Financial Review

Tony Boyd

Risk culture lacking at Mercer’s $80b super fund

Mercer Super has all the signs of success with one million customers, top quartile returns and low fees. So why are ASIC and APRA crawling all over...

31.08.2025 20

Financial Review

Tony Boyd

Man v machine: equity analysts show AI the upper hand

Artificial intelligence allegedly poses an existential threat to anyone analysing stocks for a living, but groundbreaking reports over the past 50...

18.08.2025 10

Financial Review

Tony Boyd

Return from the ‘near-death’ ASX scandal that cost $590m

After five years cleaning up the financial mess left by Freedom Foods’ former CEO and CFO, the company is on a growth path under a new name and new...

03.08.2025 20

Financial Review

Tony Boyd

The quiet death of Mayfair 101 founder’s ASIC conspiracy theory

A Federal Court judge has ruled that James Mawhinney’s $1.6 billion Dunk Island vision was not only fatally flawed, its collapse could not be blamed...

20.07.2025 10

Financial Review

Tony Boyd

Lessons from $1.2b funds collapses

Managed investment schemes cry out for regulatory reform after the $1.2 billion collapse of Shield Master Fund, First Guardian Master Fund and...

22.06.2025 10

Financial Review

Tony Boyd

My dad lost his Rio scrip before he died. It’s been a nightmare

A lost Rio Tinto share certificate opened this investor’s eyes to a complex legal and regulatory trap.

25.05.2025 10

Financial Review

Tony Boyd

Why Australia’s four pillars policy is as strong as ever

Paul Keating’s policy that stops the big four banks taking each other over is still going strong, but it probably won’t stop the big from getting...

27.04.2025 10

Financial Review

Tony Boyd

My SMSF is cashed up for a Trump catastrophe

The global economic chaos unleashed by the president prompted this self-managed super fund to cut exposure to the United States and raise cash, writes...

30.03.2025 10

Financial Review

Tony Boyd

Beware the ‘misleading’ label on your super

A former chief investment officer has questioned the labelling of high-growth default options and criticised the concentration of assets in the US...

02.03.2025 10

Financial Review

Tony Boyd

Where were the gatekeepers in the $480m Shield Master Fund collapse?

The 5800 investors caught up in the failed scheme would surely wonder why alarms didn’t go off. Tony Boyd sifts through the entrails to find out...

16.02.2025 20

Financial Review

Tony Boyd

Four CBA bosses on what makes the bank great

The four CEOs who have run the Commonwealth Bank over the past 30 years share their views on why CBA has managed to consistently outperform its peers.

02.02.2025 10

Financial Review

Tony Boyd

ASX needs to plug $1bn liquidity hole

Helen Lofthouse, CEO of the equities market operator, will start the year with another apology for the embarrassing pre-Christmas outage, but that’s...

19.01.2025 10

Financial Review

Tony Boyd