Investing News Blog

Wednesday, February 22, 2006

Kerry Packer Remembered

The recent publicly funded memorial service of the late Kerry Packer attracted an impressive list of celebrities and people of power at the Sydney Opera House.
It's a service that is usually reserved for prominent political figures, but Australia's richest man was an exception.
Alan Jones said that Kerry Packer was a "remarkable Australian who lived an extraordinary life and who has left a giant shadow over us and Australia".
Ray Martin thought that Packer would "hate the idea of a big ceremony like this, but I think one expects that quietly he'd be flattered by it".
Kerry Packer remembered at state memorial service
"Whether he should have a state funeral or not I guess is debatable, but it seems odd to me that taxpayers foot the bill to farewell a man who hated paying tax and who spent a huge amount of his time making sure he didn't pay any tax, or as little as possible, and who got into trouble really with the Costigan Commission because of the things he was doing to try and avoid paying tax, and whose father was the same, who also hated paying tax." Paul Barry
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