Volume 13 Issue 24

Innovation statement delivers win: Brogden

Innovation means taking risks, and the proposed laws make it easier for companies to take them, writes John Brogden in the Australian Financial Review.

AGM system reaches “tipping point”

Over a third of directors consider the annual general meeting system in Australia to be dysfunctional, according to the latest results from the Director Sentiment Index.

Understanding illegal phoenix activity

With the Australian Taxation Office taking a tougher stance on illegal phoenix operatives, directors can take steps to ensure they are not engaged in illegal phoenix activities, as penalties can range from fines to prison terms.

$8bn cost of CEO churn

The exodus of CEOs is costing shareholders more than $8 billion a year, suggesting a pressing need for Australian boards to institutionalise the CEO succession planning process, as well as take active steps to increase CEO tenure

Director Identity Number among final recommendations

Requirements for directors to obtain a Director Identity Number, reforms to Australia’s corporate insolvency regime and reduced restriction periods on bankrupts are among the key recommendations in the Productivity Commission’s latest report.

Transformation or disruption?

Ahead of the AICD’s inaugural Australian Governance Summit, Nigel Phair GAICD, offers practical advice for directors who are facing challenges brought by digital disruption.

Independent directors a must for superannuation funds

The interests of unions and employer groups have been put ahead of superannuation fund members with the decision by Senate crossbenchers to oppose legislation support independence on the boards of superannuation funds.

UTS announces new Chancellor

Catherine Livingstone AO FAICD, current president of the Business Council of Australia, has been announced as the new Chancellor of University of Technology, Sydney.

  • Date:09 Dec 2015
  • Type:Boardroom Report