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What Baird's office texted UBS' Grounds

May 21, 2015 - Australian Financial Review

New evidence has emerged that demonstrates the pressure put on Matthew Grounds' UBS Australia by NSW Premier Mike Baird over a controversial research note on its $13 billion power sale.

A text message exchange between Mr Grounds and Mr Baird's chief of staff, Bay Warburton, reveals the escalation of the problem UBS research note, which was published 11 days before the March 28 election.

It outlines - far more than the oral testimony given last week - the involvement of the advisory a...