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Content Type:
Policy Submission
13 Aug 2010
On 13 August 2010, the Australian Institute of Company Directors wrote to the Corporations and Markets Advisory Committee (CAMAC) setting out our views on the requirements that apply to remuneration reports and on simplification of the incentive components of executive remuneration arrangements. In ...
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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
02 Oct 2009
AICD submission to APRA on revised remuneration requirements
In a submission dated 2 October 2009 AICD expressed its support for the general direction taken by APRA in its revised remuneration requirements for APRA-regulated institutions. One area that AICD believes requires further con...
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Content Type:
Policy Submission
02 Oct 2009
In a submission dated 2 October 2009 to the Board of Taxation, AICD expressed concern about moving the taxation point for options granted to SME directors, executives and other employees from the date of option exercise to the date of option vesting. Such a change would inhibit the ability of SMEs t...
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Content Type:
Policy Submission
31 Jul 2009
On 31 July 2009 AICD provided a submission to the Australian Prudential Regulatory Authority (APRA) in response to the Discussion Paper "Remuneration: Proposed extensions to governance requirements for APRA-regulated institutions" (Issued 28 May 2009). AICD outlined its support for the overall appro...
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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
16 Jul 2009
On 16 July 2009 AICD provided a submission in connection with the Inquiry being undertaken by the Senate Economics References Committee into Employee Share Schemes. In the submission AICD outlines its concerns with Federal Government proposals to reform the taxation arrangements for employee share p...
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Content Type:
Policy Submission
23 Jun 2009
On 23 June 2009 AICD wrote to the International Corporate Governance Network (ICGN) setting out its views on proposed changes to the ICGN’s guidelines on the remuneration of non-executive directors. In its letter AICD provided feedback on matters such as proposed guidance on minimum director share h...
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Content Type:
Policy Submission
16 Jun 2009
On 5 June 2009 the Federal Government released the draft Tax Laws Amendment (Employee share schemes) Bill 2009. In a letter to the Assistant Treasurer, the Hon Nick Sherry, dated 16 June 2009 AICD set out its concerns with the draft Bill. These concerns include the adverse impact the proposed measur...
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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
29 May 2009
On 29 May 2009 AICD lodged a submission with the Productivity Commission in response to the Commission's Issues Paper titled "Regulation of Director and Executive Remuneration in Australia" (issued April 2009). The 70 page submission covers many different aspects of NED and Executive Remuneration, i...
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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
22 Dec 2006
AICD responded to the Hon Chirs Pearce, Parliamentary Secretary to the Treasurer in May 2006 regarding his Consultation Paper on Corporate and Financial Services Regulation Review. As a follow on, Pearce released a Proposals Paper in November 2006, to which AICD has prepared this current submission....
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Content Type:
Policy Submission
02 Jun 2005
Mr Michael RawstronGeneral ManagerCorporations and Financial Services DivisionDepartment of the TreasuryLangton CrescentPARKES ACT 2600
Dear Mr Rawstron,
Companies Amendment Regulations 2005 - Disclosure of director and executive remuneration by listed companies
I am writi...
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Content Type:
Policy Submission
06 Apr 2005
On 6 January 2005, the Australian Shareholders’ Association (ASA) released an exposure draft outlining its key policies on matters of primary importance for monitoring in their reviews of companies. ASA invited comment on their first-pass review of key polices. The AICD's response highlighted partic...
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Content Type:
Policy Submission
14 Dec 2004
We refer to the Discussion Paper for consultation on the remuneration of part-time chairs and members of government boards. We appreciate that the Paper has not been circulated for public comment or consultation. It has, however, been referred to the Queensland Council of the Australian Institute of...
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Content Type:
Policy Submission
08 Jun 2004
AICD believes the current law is sufficient (with both its objective test of reasonableness from the perspective of the company and the related party). No amendment or additional laws are required, with the possible exception of tightening up the ASX Listing Rules to require disclosure. The existing...
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Content Type:
Policy Submission
18 Mar 2004
1. CLERP (Audit Reform & Corporate Disclosure) Bill 2003 (17/11/2003)
CLERP (Audit Reform & Corporate Disclosure) Bill 2003 Submission to Parliamentary Joint Committee on Corporations and Financial Services
2. CLER...
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Content Type:
Policy Submission
31 Oct 2000
Submission to The Chairman, Australian Accounting Standards Board.
31 October 2000The Chairman, Australian Accounting Standards Board Dear Mr Alfredson, Invitation to comment Accounting for share based payment: G4 +1 proposals In relation to the invitation to comment on the G4+1 discussion paper...