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Content Type:
Policy Submission
14 Jun 2011
This submission responded to ASIC’s request for comments on Consultation Paper 155 – Improving Prospectus Disclosure for retail investors.
Our submission supported clear, concise and effective prospectus disclosure but noted, among other things, that:
• the proposal for mandatory disclos...
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Content Type:
Policy Submission
07 Jun 2011
This submission to Federal Treasury is in response to the Exposure Draft of the Corporations Amendment Regulations 2011, released on 16 May 2011.
The submission reiterated some of our concerns with the Corporations Amendment (Improving Accountability on Director and Executive Remune...
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Content Type:
Policy Submission
13 May 2011
This submission is in response to Standards Australia's "Standardisation in ICT Governance and Management - Review of organisation participation and request for feedback".
We believe that properly developed and informed guidance for directors and managers on governance and management of IT is ve...
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Content Type:
Policy Submission
12 May 2011
This submission is in response to the Australian Securities and Investments Commission's Consultation Paper, 'Disclosing financial information other than in accordance with accounting standards', released on 24 March 2011.
The submission expresses our concerns about developing these guideli...
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Content Type:
Policy Submission
21 Apr 2011
This submission to the COAG Business Regulation and Competition Working Group relates to options for a future COAG Regulatory Reform Agenda.
The submission stated that before any future agenda items were agreed, a commitment should be made by COAG to complete the outstanding occupational health a...
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Content Type:
Policy Submission
06 Apr 2011
This submission to the Tasmanian Minister for Health, The Hon Michelle O’Byrne MP, sets out some of our views on the governance of Local Hospital Networks (LHNs). In particular, we noted the fact that LHNs will involve large budgets, complex activities and significant responsibilities for achieving...
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Content Type:
Policy Submission
30 Mar 2011
This submission to Federal Treasury sets out our views on the Discussion Paper 'The clawback of executive remuneration where financial statements are materially misstated', released by the Federal Government on 20 December 2010.
We noted our strong opposition to a mandated clawback provisi...
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Content Type:
Policy Submission
18 Feb 2011
This submission to Federal Treasury sets out our views on the Consultation Paper titled “Scoping Study for a National Not-for-Profit Regulator”, released by the Federal Government on 21 January 2011.
The submission noted Company Directors’ support for the overal...
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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
09 Dec 2010
On 9 December 2010, the Australian Institute of Company Directors provided comments to the European Commission in respect of its Green paper titled Audit Policy: Lessons from the Crisis. Our submission noted that the EU should look to Australia’s audit regulation framework which is robust and stable...
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Content Type:
Policy Submission
15 Nov 2010
On 15 November 2010, the Australian Institute of Company Directors wrote to the Department of Health and Ageing in response to a Discussion Paper “Medicare Locals - Discussion Paper on Governance and Functions”. The submission set out our views on various governance aspects of Medicare Locals. In p...
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Content Type:
Policy Submission
04 Nov 2010
On 4 November 2010 the Australian Institute of Company Directors wrote to the Australian Public Service Commission in response to its discussion paper Proposing a new set of Australian Public Service Values.
Having reviewed the revised set of APS Values they appear appropriate to us, particu...
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Content Type:
Policy Submission
02 Nov 2010
On 2nd November the Australian Institute of Company Directors made a submission to Treasury supporting section 205G applying not just to listed companies but also to listed entities. Although this might involve extra compliance costs for listed entities not otherwise required to report that informat...
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Content Type:
Policy Submission
15 Oct 2010
On 15 October 2010, the Australian Institute of Company Directors wrote to the Office for Women’s Policy (OFWP), NSW Department of Premier and Cabinet, in response to its ‘Consultation Paper on Strategies to increase the proportion of women on NSW Government Boards and Committees’ (Consultation Pape...
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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
03 Sep 2010
On 3 September 2010 the Australian Institute of Company Directors wrote to the NSW Department of Health in response to its “Health Reform in NSW: A Discussion Paper on Implementing the Federal Government’s ‘A National Health and Hospitals Network for Australia’s Future’ in NSW”, released on 4 August...
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Content Type:
Policy Submission
27 Aug 2010
Australian Institute of Company Directors participates in the debate about Australian tax reform through its involvement in the Business Coalition for Tax Reform (BCTR).Visit the BCTR website to obtain a copy of this submission.
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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
11 Jun 2010
On 9 June 2010, the Australian Institute of Company Directors wrote to the Hon Chris Bowen MP regarding the test for the payment of dividends included in the Corporations Amendment (Corporate Reporting Reform) Bill 2010. Pursuant to the Bill companies will need to ensure that amongst other things, t...