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Content Type:
Policy Submission
27 Jan 2011
This submission to Federal Treasury sets out our views on the Exposure Draft of the Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011 (“the Draft Bill”) and accompanying Explanatory Memorandum (PDF), released by the Federal Government on 20 December 2...
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Content Type:
Policy Submission
24 Sep 2010
On 24 September 2010, the Australian Institute of Company Directors wrote to the Hon Wayne Swan MP and the Hon David Bradbury MP regarding the Senate Economics References Committee Report entitled: The regulation, registration and remuneration of Insolvency Practitioners in Australia: the case for a...
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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
11 Jun 2010
Insider trading and market manipulation offences cause serious harm to the fair and efficient functioning of Australia’s financial markets. The Australian Institute of Company Directors supports strong laws and a well resourced regulator to enforce them. The consultation time allowed to comment on t...
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Content Type:
Policy Submission
27 May 2010
In a submission dated 27 May 2010 the Australian Institute of Company Directors provided its response to the ASX Corporate Governance Council’s Exposure Draft “Proposed Amendments to the ASX Corporate Governance Council Corporate Governance Principles and Recommendations”. The submission outlines br...
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Content Type:
Policy Submission
27 May 2010
In a submission dated 27 May 2010 the Australian Institute of Company Directors provided its response to the Australian Securities Exchange’s Exposure Draft “Listing Rule Amendments- New Requirements for a Remuneration Committee and a Company Trading Policy”. The submission outlines broad support fo...
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Content Type:
Policy Submission
07 May 2010
This submission to Treasury is in response to the discussion paper entitled Audit Quality in Australia: A Strategic Review.
As directors are ultimately responsible for the company’s financial reports and for the audit process, the Australian Institute of Company Directors is interested to ensure t...
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Content Type:
Policy Submission
26 Feb 2010
This consultation paper contains ASIC’s proposals for best practice relating to the handling of confidential information, primarily in the context of capital raisings and mergers and acquisitions. Whilst AICD supports the focus of the Paper, we are concerned that some of the proposals may not be pro...
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Content Type:
Policy Submission
21 Dec 2009
On 21 December 2009, AICD provided a submission to Treasury regarding the Options Paper entitled Improving Protections for Corporate Whistleblowers. AICD’s submission stated that:
the good faith requirement under the current whistleblower protection provisions in the Corporations...
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Content Type:
Policy Submission
08 Dec 2009
In this submission AICD argues that in order to support investor confidence and market integrity, equity derivatives held by directors should be required to be disclosed under section 205G Corporations Act like other securities.
AICD Submission to Treasury on disclosure of equity der...
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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
31 Jul 2009
On 31 July 2009 the AICD provided a submission to the inquiry being conducted by the Senate Economics Legislation Committee into unfair contract terms arising out of the Trade Practices Amendment (Australian Consumer Law) Bill 2009. The submission supports the national harmonization of consumer legi...
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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
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
23 Sep 2008
AICD believes that a ‘light touch’ needs to be applied in reforming not-for-profit (NFP) regulation so that volunteers and donors are not dissuaded by red tape from contributing their time, expertise and money to the sector. Cost burdens need to be balanced against the benefits of any regulatory reg...
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Content Type:
Policy Submission
23 Jul 2007
AICD contributes to the debate on tax reform through the Business Coalition for Tax Reform (BCTR).
While the BCTR supports and encourages the notion of achieving greater simplicity in our tax laws through the harmonisation of the four existing anti-tax deferral regimes, we believe the key out...
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Content Type:
Policy Submission
22 Dec 2006
This submission relates to a reference on the treatment of future unascertained person injury claims from the Parliamentary Secretary to the Treasurer to the Corporations and Markets Advisory Committee dated 12 October 2005 (Reference).Regulation of corporations which are required to account for pro...
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Content Type:
Policy Submission
14 Jun 2006
AICD is concerned that SMEs are disadvantaged by the imposition of AIFRS due to the costs involved and because it runs contrary to the Australian Government's stated objective of reducing red tape.
AICD Submission to AASB on ED148
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Content Type:
Policy Submission
20 Jan 2005
The AICD is concerned that the short time available for consultation means that the AICD has not had the opportunity of considering the detail of the proposed Standards and their consistency with the Corporations Act. The transition to international accounting standards is one of the most significan...