Tag Archives: australian financial review

Bad for business

In the March edition of “The Australian Financial Review Magazine” there was incorrect information about Fortescue Metals. The article “The wild, mild west”, on pages 24-32 of the magazine, stated that the Australian Securities & Investments Commission (ASIC) had been involved in civil and criminal charges against Fortescue Metals. In fact, no criminal charges have been brought against Fortescue.

Apology

On 9 January 2008, “The Australian Financial Review” (AFR) commented on business dealings by the former prime minister Paul Keating. The page 11 article referred to his closeness to former Indonesian president Soeharto and described these as “difficult memories” for the Australian Labor Party. The AFR accepts that Keating has not had business dealings with Soeharto, nor any person associated with his regime, and that their association was in accordance with the official relationship expected of heads of state. The AFR apologises to Paul Keating for any embarrassment from the article.