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Content Type:
Media Release
24 Apr 2013
The relationship between business and the Federal Government has further deteriorated, according to a survey of company directors which has found that only 8 per cent of directors (down from 12 per cent) agree with the statement ‘the Federal Government understands business.’ Conversely, 50 per cent ...
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Content Type:
CDM Article
01 Apr 2013
Mark Easton explains why directors need to be mindful of their duty to act fairly between shareholders and consider carefully the effect their decisions could have on minority shareholders.
The Corporations Act 2001 provides far-reaching remedies for oppressed minority shareholders.
Direct...
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Content Type:
CDM Article
01 Apr 2013
Many not-for-profit (NFP) organisations, were heading into a "perfect storm", if they weren’t already in it. That was the view of Dr John Harte FAICD, the founder and principal of Integrity Governance, when addressing the Australian Institute of Company Directors’ NFP Forum:13 in Sydney last month –...
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Content Type:
CDM Article
01 Apr 2013
Kathleen Conlon talks to Tony Featherstone about boardroom diversity, the risks of policy-on-the-run, strategy formation and how emerging directors can find their first board position.
A constant danger for boards is the potential for "groupthink" if directors agree too easily with the co...
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Content Type:
CDM Article
01 Apr 2013
Martin Kriewaldt explains why he has enjoyed working on Company Directors’ National Conference Committee.
Company Director (CD): What are your current directorships?
Martin Kriewaldt (MK): I am chairman of Hyne Timber (a 130-year-old family-owned private company) and InteriorCo (an unl...
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Content Type:
CDM Article
01 Apr 2013
Listed companies have jumped many hurdles to improve their executive pay practices and avoid falling foul of the "two-strikes" law. Now, as Domini Stuart reports, a new wave of pay reforms are heading their way.
The second reporting season since the introduction of the "two-strikes" rule l...
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Content Type:
CDM Article
01 Apr 2013
Gustaf Sorman-Nilsson argues that a "head in the sand" approach to social media will no longer be accepted by shareholders and stakeholders alike.
When faced with a social media storm in October 2012, chairman of Macquarie Radio Russell Tate admitted that "boards are not at all well prepa...
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Content Type:
CDM Article
01 Mar 2013
Dr Ken Henry talks to Tony Featherstone about Australia’s role in the Asian century, how our tax system should be reformed and life outside of the public service.
From high above Melbourne, Dr Ken Henry AC provides a glimpse of how great Australian business can become and a scale of natio...
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Content Type:
CDM Article
01 Mar 2013
Tony Featherstone believes we should give listed companies greater confidence about when to disclose price-sensitive information to the market rather than looking for temporary solutions.
No one doubts the need for a well-informed share market and giving listed companies more flexibility ...
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Content Type:
CDM Article
01 Mar 2013
A monthly review of the Australian Institute of Company Directors’ policy and advocacy team’s key projects and issues.
THIS MONTH:
Improving diversity through mentoring
Global leadership in board diversity
Human rights and anti-discrimination
Reform of NFP gov...
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Content Type:
CDM Article
01 Mar 2013
Praveen Gupta outlines some of the proposed reforms to corporate law that could change the way companies operate in India.
Back in the 1950s, as a young republic, India chose to tread the socialistic path. Not surprisingly, the nationalisation of the following ensued: airline industry (1...
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Content Type:
CDM Article
01 Mar 2013
The Prime Minister has announced that Australia’s federal election will be held on 14 September. We ask a range of directors whether knowledge of the election date so far in advance will boost or reduce business uncertainty and what key questions directors need to ask in the run up to the election.
...
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Content Type:
CDM Article
01 Mar 2013
Fiona Baron investigates how companies are bedding down the carbon tax and coping with its compliance requirements.
The introduction of the Federal Government’s carbon tax in July 2012 was bound to be something of an anti-climax.
For directors in particular, once the politics surround...
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Content Type:
CDM Article
01 Mar 2013
Brinos Lambrinos reviews the current superannation landscape, and possible near-term changes, to help directors keep up with the Government’s tinkering with how they save for retirement.
Superannuation, while an important issue for taxpayers, is also highly complex, none more so than for...
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Content Type:
CDM Article
01 Feb 2013
Is your organisation prepared for an unexpected crisis? Domini Stuart discovers what’s best practice in disaster recovery and business continuity planning.
Thirty years ago, disaster recovery and business continuity plans (DR/BCPs) were little more than insurance policies. Decisions were ...
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Content Type:
CDM Article
01 Feb 2013
Bruce Cowley and Steven Grant detail how the NSW Government has taken the lead in reducing laws imposing liability on directors for corporate fault.
One of the biggest issues of concern for company directors in recent years has been the explosion in the number of Commonwealth, state and t...
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Content Type:
CDM Article
01 Feb 2013
Fiona Baron talks to father-and-son team and well-known directors from Cairns, George and Ken Chapman, about their views on directorships and what it takes to make a family business work.
George Chapman AO FAICD is every bit the entrepreneur. Back in the 1960s, at just 23 years old, he la...
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Content Type:
CDM Article
01 Feb 2013
Once Australia’s most senior public servant, Professor Peter Shergold is now enjoying new challenges as a professional director. He talks to Zilla Efrat about leaving the public sector, the strengths public servants can bring to boards and how business and government can better understand each other...
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Content Type:
CDM Article
01 Feb 2013
Retaining the interest and trust of shareholders is vital for directors, but as Domini Stuart reports, just who the shareholders are and how to reach them keeps evolving.
Karin Halliday has been responsible for AMP Capital’s voting on Australian equity portfolios for the past 12 years. Fo...
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Content Type:
CDM Article
01 Feb 2013
Rob Elliott outlines some of Company Directors’ policy priorities for the year ahead.
To kick off the New Year, I thought it appropriate to outline some of our policy priorities for the year ahead. These priorities reflect our conversations with you, as well as with divisional representat...