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The Melbourne Racing Club could be "compromised" as it considers a $1 billion property project during the crucial spring racing season because of a stoush over its executive committee, a court has heard.
By · 1 Oct 2013
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1 Oct 2013
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The Melbourne Racing Club could be "compromised" as it considers a $1 billion property project during the crucial spring racing season because of a stoush over its executive committee, a court has heard.

MRC member Alistair Ewart has asked the Victorian Supreme Court to force the club to hold fresh elections for the committee after he was disqualified last month for the dastardly crime of electioneering. Apparently running any kind of campaign is forbidden - perhaps it frightens the horses.

Club CEO Brodie Arnhold has told the court that, with the Caulfield Cup carnival in full swing, the MRC is "currently in the busiest time of the year".

"The administration and operation of the MRC and its ordinary activities will be compromised by the absence of three committee members for the period it would take to hold a further ballot," Arnhold said in an affidavit. With the potential purchase of a $15 million pokies venue and $10 million of grandstand renovations at Caulfield Racecourse on the committee's agenda, Arnhold said that "the present point in the calendar is the time at which the absence of three committee members will result in maximum detriment to the club's operational functionality". And there's the $1 billion redevelopment of former car parks around the racecourse into "a low-medium density residential zone, a mixed-use retail precinct and an area set for use for commercial and residential accommodation" to mull over.

This is Ewart's third stab at a spot in the committee rooms. He fell short in 2011 and was disqualified last year, also for electioneering. There is also a history of conflict between Ewart and the club, with Ewart's trophy business, Winning Edge, winning what he told the court were "substantial damages" in a 2009 breach of contract case. Ewart denies breaching the rules and says the MRC didn't follow its own disciplinary rules when cancelling his nomination.

Members were not told Ewart had been rubbed out and the election went ahead with him on the ballot paper. Arnhold told the court Ewart finished last with 1262 votes and incumbents Patricia Faulkner (1436 votes), Rod Fenwick (1555 votes) and Roger Donazzan (1411 votes) were re-elected. As the club has 11,000 members, that means thousands didn't fill in the ballot paper. Ewart didn't succeed in stopping the committee being confirmed at the AGM and the matter remains before the courts.

Kohler pulls pin

Veteran finance commentator Alan Kohler has pulled the plug on his long-running ABC TV show Inside Business in order to "have more of a sensible working life".

Kohler has been juggling many hats - in addition to the Sunday morning show he appears nightly on ABC TV news presenting the finance report and writes four columns a week for websites Business Spectator and Eureka Report. After 12 years of filming Inside Business on Friday, the same day he writes a mammoth missive to Eureka Report subscribers, something had to give.

He said the move had nothing to do with conflict-of-interest criticisms. Kohler has been a News employee since selling his share in Speccy and Eureka publisher AIBM to the Murdoch empire last year. The last show airs on December 1.

MONA tie-up flies

Flying roo Qantas has signed a sponsorship deal with Tasmania's Museum of Old and New Art, prompting the usual round of mutual admiration - this time featuring gambler and MONA God (that's what it says on his parking space) David Walsh and Qantas flack Olivia Wirth.

"We are extremely proud as Australia's national carrier to partner with MONA and drive visitors from both Australia and overseas to experience this fantastic museum," Wirth burbled in a press release. Drive? Shouldn't an airline be flying them?

Got a tip?

bbutler@fairfaxmedia.com.au
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Frequently Asked Questions about this Article…

The dispute centres on MRC member Alistair Ewart being disqualified from the committee last month for alleged electioneering. Ewart has asked the Victorian Supreme Court to force the club to hold fresh elections after his nomination was cancelled. He denies breaching the rules and says the club didn’t follow its own disciplinary procedures.

According to MRC CEO Brodie Arnhold’s affidavit, the absence of three committee members while a fresh ballot is held would compromise the club’s administration and could cause maximum detriment to operational functionality. The committee is considering major items such as a $1 billion redevelopment of former car parks, so the legal dispute could delay decision-making and project timelines.

The committee agenda mentioned in the article includes the potential purchase of a $15 million pokies venue, around $10 million in grandstand renovations at Caulfield Racecourse, and a proposed $1 billion redevelopment of former car parks into residential, mixed‑use retail and commercial/residential accommodation.

The club reported that Alistair Ewart finished last with 1,262 votes. Incumbents Patricia Faulkner (1,436 votes), Rod Fenwick (1,555 votes) and Roger Donazzan (1,411 votes) were re‑elected. The MRC has about 11,000 members, which means thousands of members did not fill in the ballot paper, per the article.

This was Ewart’s third attempt at a committee seat—he fell short in 2011 and was disqualified last year for electioneering as well. He also has a history of conflict with the club: his trophy business, Winning Edge, won what he told the court were “substantial damages” in a 2009 breach of contract case against the club.

Everyday investors and stakeholders following the MRC’s property plans and governance should watch the Victorian Supreme Court proceedings, official MRC announcements, and any changes to committee membership. Those updates will be the clearest signals about potential timing changes or operational impacts to the Caulfield projects mentioned in the article.

Alan Kohler pulled the plug on his long‑running ABC TV show Inside Business to “have more of a sensible working life.” The article says he’s been juggling nightly ABC TV finance reports and four weekly columns for Business Spectator and Eureka Report; his last Inside Business episode was scheduled for December 1.

Qantas signed a sponsorship deal with Tasmania’s Museum of Old and New Art (MONA). The article highlights the usual PR fanfare, quoting Qantas spokeswoman Olivia Wirth saying the airline is proud to partner with MONA to drive visitors. MONA founder David Walsh is also mentioned in the coverage.