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This submission is in response to the Australian Government’s Exposure Draft of the Personal Liability for Corporate Fault Reform Bill 2012 (C’th)(second tranche)(the Draft Bill).
The Australian Institute of Company Directors has closely monitored the progress of the current COAG reform...
The Boardroom Report
Australia’s 10-year window of opportunity, EU federalism more likely than a monetary union breakup, Bridging the expectation gap, Hardie decision to have wide implications, Landmark book on directors’ duties launched
Australia’s 10-year window of opportunity
Australia only had a 10-year win...
Today’s High Court decision overturning a NSW Court of Appeal finding relating to seven directors of James Hardie Industries reminds all directors and boards of their duty to act with care and diligence, as well as the risks involved.
Continuous disclosure remains an extremely difficult area for...
At a time when the international economy is focused on increasing business productivity, the Australian government has again prioritised conformance over performance by over-regulating the majority of directors to target the few engaged in fraudulent phoenix company activity.
In a submission to ...