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Content Type:
Policy Submission
06 Nov 2009
On 6 November 2009 AICD wrote to the Productivity Commission expressing its views on a set of executive remuneration proposals released by the Commission on 30 September 2009. AICD commended the balanced and factual approach taken by the Commission, but expressed concern regarding some of the propos...
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Content Type:
Policy Submission
23 Jul 2009
Currently companies are unable to refuse access to share registers where the directors of the company believe the information will be misused. A ‘proper purpose’ test would fairly balance the need to facilitate corporate governance and commercial dealings on the one hand and the protection of shareh...
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Content Type:
Policy Submission
17 Jul 2009
On 17 July 2009 AICD provided a submission to the Senate Economics Legislation Committee in response to its inquiry into the Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009. The submission outlines AICD’s concerns with the Bill, including the proposed low threshol...
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Content Type:
Policy Submission
29 May 2009
On 29 May 2009 AICD lodged a submission with Federal Treasury in response to the Exposure Draft "Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009" (issued on 5 May 2009). The submission outlines AICD's concerns with the draft Bill including its impact on the intern...
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Content Type:
Policy Submission
08 Apr 2009
AICD strives to promote the simplicity, transparency, consistency and decision usefulness of financial reports and wishes to provide some general comments in response to the IASB paper Preliminary views on financial statement presentation. AICD has also produced 2 publications to support this - Unde...
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Content Type:
Policy Submission
19 Mar 2009
This submission provides some comments from AICD to the Australian Shareholders Association (ASA) on its draft policy statement on executive remuneration.
It includes AICD's views regarding statutory restrictions on executive remuneration, binding shareholder vote and executive termination payme...
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Content Type:
Policy Submission
02 Mar 2009
Letter to the Chairman, Federal Opposition Policy Review outlining our higher policy priorities which includes:1. Process of policy development and legislative/regulatory reform2. Remuneration3. Directors Liability4 .Directing in difficult times5. Market integrity6. Shareholder engagement7. Environm...
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Content Type:
Policy Submission
01 Oct 2008
In this submission to CAMAC on the discussion paper on members schemes of arrangement we highlight the issues which are of particular significance to directors. These include:
Section 3.3 - liability and defences for disclosure breaches. Information supplied in an exemplary state...
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Content Type:
Policy Submission
18 Jul 2008
While the reliance on AGMs may be changing for shareholders, AICD continues to see a role for annual engagement through a general meeting. CSA's discussion paper recommends removing some of the current discretions that are available to company chairmen in conducting AGMs.AICD sees the current discre...
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Content Type:
Policy Submission
20 Jun 2008
AICD letter to Senator Nick Sherry requesting dinner discussion relating to the future of annual general meetings
Letter to Senator Nick Sherry See also Rethinking the AGM
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Content Type:
Policy Submission
22 May 2008
Following on from its 2007 submission to the PJC Inquiry into Shareholder Engagement and Participation, AICD appeared before the PJC at its public hearings held on 16/4/08. The documents on this page comprise the transcript of hearing and responses to question on notice.
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Content Type:
Policy Submission
07 Dec 2007
This submission to the Australian Law Reform Commission on privacy law supports a statutory right to privacy preventing inappropriate disclosure of personal information. A statutory cause of action could be readily capable of misuse. View the PDF
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Content Type:
Policy Submission
08 Nov 2007
This submission comments on the PJC inquiry into Shareholder engagement and participation. Updated:16/4/08 with PJC transcript 22/5/08 with responses to questions on notice
Cover Letter for PJC Inquiry into shareholder e...
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Content Type:
Policy Submission
17 Aug 2007
On 20 June 2007 the Australian Stock Exchange (ASX) issued a consultative document which included a proposal to make a prospective statement regarding compliance with the ASX Corporate Governance Council’s (CGC) Corporate Governance Principles and Recommendations. AICD submission and cover letter av...
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Content Type:
Policy Submission
13 Jun 2007
Submission to the Australian Law Reform Commission on Client legal privilege and Federal investigatory bodies. AICD considers that client legal privilege is a public good and that there is no clear evidence supporting the abrogation of the privilege.
Client Legal Privilege
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Content Type:
Policy Submission
22 May 2007
The Business Coalition for Tax Reform (BCTR) is highly concerned that the proposed new withholding rate in respect of distributions made by Australian managed funds to foreign residents is being set at a rate that will perpetuate the competitive disadvantage this key industry currently faces.
AI...
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Content Type:
Policy Submission
26 Apr 2007
AICD makes comment on the appropriate regulatory or legislative response to the market phenomenon of private equity. Specifically, we make comment on the role of private equity in corporate control transactions and its impact on directors and senior managers.
Private Equity Inquiry
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Content Type:
Policy Submission
30 Mar 2007
The Business Coalition for Tax Reform (BCTR) welcomes the agreement of the State and Territory Governments to simplify and partially harmonise their payroll tax provisions by 1 July 2008.
AICD participates in the debate about Australian tax reform through its involvement in the Business Coalitio...
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Content Type:
Policy Submission
09 Mar 2007
AICD is supportive of legislation that clarifies how and when government agencies can use coercive information-gathering powers. We support the Council’s view that such powers must be used effectively, efficiently and in a manner consistent with administrative law principles. Consistency in the exer...
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Content Type:
Policy Submission
02 Mar 2007
The BCTR strongly recommends that access to the same business test (SBT) be reinstated for all companies whose total income exceeds $100 million (the SBT ceiling).
AICD participates in the debate about Australian tax reform through its involvement in the Business Coalition for Tax Reform (BCTR...