Alex Malley rises from the ashes

“You’ve done some interesting media work, Alex, and I believe when you were with the CPA, you got Neil Armstrong to come out and speak with your group!” Cahill says this in wonderment, like maybe now he works with Alex he’ll also get to meet a nearly-dead celebrity.

It wasn’t rocket science. Malley got Armstrong to speak at a CPA event by paying him a reported $US250,000. Armstrong thought his interview was resource material for CPA members and was outraged when Malley turned around and shopped it (unsuccessfully) to Australian TV networks.

Malley spoke of his career “in the university sector” where “I think my final role … was an associate dean”. He skipped right over the fact he left Macquarie University in 2006 under a confidential settlement after he was accused of serious misconduct. Student complaints to the university alleged that Malley gave bonus marks to first-year accounting students who paid to complete private online training modules through his wife’s company. He was allowed to resign without any finding of wrongdoing.

Nothing learnt

That’s when Malley joined the Urological Society of Australia and New Zealand, which is where he learnt to take the piss.

But for dishonesty, nothing could beat the way Malley characterises his leadership of CPA Australia.

“It was a great period … But as can happen in Australia through the process of being successful … that attracted the ire of a particular segment of the media that for some time pushed back against us … It was probably the first cancel culture example that we’ve seen in this country. Fortunately, in more recent times I think people are seeing through that. But nonetheless a fantastic period.”

All these years later, he clings to his pitiful delusion, having learnt nothing. He seems to think he’s JK Rowling, not somebody who misused millions and millions of dollars of his members’ money promoting himself.

He bought his own TV show and a billboard in Times Square, of zero benefit to CPA members – who he went to incredible lengths to disenfranchise. His empire-building was fantastic for his ego and his personal income, but for the accounting profession it was an utter failure. To say nothing of the $4.9 million payout Malley’s cronies on the board engineered for him against the advice of independent consultants. CPA’s entire board of directors and executive management team resigned or were terminated and the constitution rewritten to stop another “fantastic period” from ever happening again.

“And then once you finished up with CPA, Alex, your last few years? More in the investment area and so on?” Cahill inquires with ludicrous naivety.

“Yeah, the start-up area and just spending time with young people …” Malley responds. It’s called being unemployable.

The Australian Chiropractors Association booked revenue of $4.8 million in FY21 (CPA’s 2016 revenue was $180 million). It spent $2.24 million on employee benefits and just $49,829 on meetings and travel. That’s about to change!

The ACA’s marketing and communications expenditure came to $638,709 in FY21. That budget might almost buy Malley a Friday night TV show on Sky News. The Naked Chiropractor would literally rate its socks off.


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