Just occasionally some anti-propertocracy anarchist sneaks through the Domainfax brainwashers to deliver a bowel-shaking truth:
It’s that time of the year again when our highly-paid corporate PR professionals get together for Australia’s most pointless conference, the Corporate Affairs Summit. There, delegates pontificate on the vagaries of reputation management without the input of a single journalist, politician, bureaucrat or regulator – mainly for the benefit of circling headhunters desperate for a mandate.
But we found another one almost as bad: the Australian Real Estate Conference, an event owned by property agent John McGrath, held this week in Surfer’s Philistine. McGrath, whose own stock has tanked in the four months since its December IPO, interviewed REA Group chief Tracey Fellows (just back from Israel) before a deserted auditorium in the Gold Coast Convention and Exhibition Centre.
McGrath is on the REA Board with Fellows. After 20 years running this show, McGrath pulled a smaller turnout than Rolf Harris‘s 86th birthday party at Her Majesty’s Stafford gaol. No doubt the numbers weren’t helped by McGrath franchisees who couldn’t afford the trip after buying shares in his float!
Lol. Not completely empty. The Prime Minister and Treasurer were there.
