Today
40pc of blue-chip company directors lack skin in the game
Of the 22 directors of ASX 300 companies who were paid more than $1 million last year, only three were female, a survey shows.
- Sally Patten
Directors revolt over government’s climate, IR and merger laws
Mandatory climate reporting, tougher merger laws and workplace legal changes have seen concerns over red tape soar.
- Patrick Durkin
This Month
- Opinion
- Chanticleer
Investors are developing a ‘dirty’ little secret
Glencore’s decision to keep its energy coal business is part of a broader push back against climate-related strategy shifts by big emitters.
- James Thomson
Why most executives don’t reach their full potential
Early in his career, a senior colleague suggested Mick O’Brien, now a $900 million company CEO, take on a management role. Luckily his colleague could see his potential.
- Sally Patten and Lap Phan
Noel Pearson appointed to Fortescue board
This is the Indigenous leader’s first public move following his keeping a low profile since the defeat of the Voice to parliament referendum in October.
- Tom McIlroy and Elouise Fowler
PwC clears itself of misleading ATO on FIRB application
Three current and former PwC Australia CEOs will appear before parliament on Friday to testify about the firm’s tax leaks scandal .
- Edmund Tadros
Ex-Macquarie exec named PwC Australia’s first independent chairman
Company director and thriller writer John M. Green will take the role at PwC Australia as part of reforms following the firm’s tax leaks scandal.
- Edmund Tadros
July
Top BlackRock executive benefits from unusual ‘points-style’ bonus pay
President Bob Kapito is the only executive named in BlackRock’s annual filings who benefits from a retirement plan linked to individual fund performance.
- Brooke Masters
Workers are using AI in the office - but where are the rules?
Companies are starting to measure gains from generative AI. But research shows over half of Australian workers are using the technology without rules or guidance.
- Paul Smith
- Opinion
- Big four
It’s the bond trader that’s overvalued, say Buffett and Gorman
As ANZ’s board battles to contain an escalating bond trading scandal, it must decide whether it could have been avoided and whether it was worth the trouble.
- Jonathan Shapiro
- Analysis
- Big four
Could ANZ’s trading scandal trigger executive accountability laws?
ASIC declined to say whether its ANZ investigation involved the Financial Accountability Regime. But an ANZ update this week was speaking the language.
- Updated
- James Eyers
‘I’d be rolling over my money’: Murray’s worry on Cbus-CFMEU links
Former bank boss David Murray says the latest CFMEU revelations reaffirm his view that all superannuation board members should be independent.
- Hannah Wootton
Huge cyber fines to be ‘Ford Pinto’ moment Australian business needs
The threat of business-crushing penalties could change the economics of storing sensitive data and cybersecurity investment.
- Paul Smith
- Exclusive
- AGM season
Geoff Wilson battles against renewed push for virtual AGMs
The veteran fund manager has launched a fresh campaign with the backing of his 130,000 retail investors to save the physical annual meeting.
- Patrick Durkin
The secret to joining an ASX 200 board, from two women who succeeded
Eleven women were appointed to chair S&P/ASX 200 companies between March and June, taking the total to a record 25.
- Sally Patten
APRA puts onus on Cbus to ensure CFMEU directors are fit, proper
Senators have called for the construction industry fund to cut ties with the CFMEU amid allegations of criminality at the union. The prudential regulator says it is up to superannuation fund boards.
- Hannah Wootton
- Exclusive
- Business IT
The ASX faces a ‘ticking time bomb’ as technology upgrades delayed
The market operator is attempting to simultaneously upgrade several major systems, one of which is at an early stage and already seven months behind schedule.
- Paul Smith
- Opinion
- Opinion
Regulator needed as ASX techies tinker with critical infrastructure
The ASX has a glut of big tech upgrades to deliver, on top of its CHESS debacle ‘do-over’. If it stuffs them up, then everyone in the market suffers.
- Paul Smith
Spilt milk everywhere as Incitec pivots, again
We have another “deal yourself in, deal yourself out” situation. And it isn’t pretty.
- Anthony Macdonald
Aged care insurance fees jump on threat of fines and jail
Premiums have doubled for some aged care providers and directors, due to potential big fines and jail time for breaching proposed tougher laws.
- John Kehoe
