Today
- Opinion
- Chanticleer
Inside the secret school for ASX CEOs
Chanticleer has been given a rare look inside the invite-only course for new ASX150 CEOs, which is the brainchild of BHP chairman Ken MacKenzie.
- 1 hr ago
- James Thomson
CBA’s Matt Comyn loses his right-hand man, the meticulous David Cohen
Over 15 years at the bank, David Cohen has seen it all. On his retirement, he provides a potted history of CBA’s numerous troubles and its transformation.
- James Eyers
Yesterday
- Exclusive
- PwC tax scandal
At PwC, it’s the revenge of the auditors
Long the humbler, more straight-forward and less risky arm of the firm, audit is now expected to be the growth engine and the governance model for the future.
- Edmund Tadros
Samuel’s big four fix: ban firms consulting to audit clients
Former competition watchdog Graeme Samuel also said ASIC should resume naming and shaming firms with poor audit quality.
- Edmund Tadros
This Month
Wilson claims $5.6m of Bolton’s Magellan profits ‘unaccounted for’
Geoff Wilson’s lawyers are demanding more information about how activist Nick Bolton has allocated the profits from his Magellan options raid.
- Jonathan Shapiro
- Opinion
- World markets
Shareholder democracy is still very complicated
Anti-ESG rhetoric evident in 2023 voting is making it “impossible for global asset managers” to do what they perceive as the right thing.
- Merryn Somerset Webb
ASIC, Blumenthal strike settlement two years after raids
The stockbroker has agreed to a five-year ban but gets to keep his business, after the regulator’s probes into market rigging.
- Liam Walsh, Jemima Whyte and Jonathan Shapiro
Westpac boss to fly to Tiwi Islands to discuss Santos project
After a four-hour AGM in Brisbane, Peter King has committed to visiting the Tiwi following concerns about consultation on Santos’ Barossa project.
- James Eyers
Make it harder for CEOs to get big salaries, bonuses: super funds
Executives should only get bonuses for outperformance, and not for business as usual, the Australian Council for Superannuation Investors says.
- Hannah Wootton
- Opinion
- BOSS
Drumstick Awards: Five biggest corporate stuff-ups of 2023
It’s been a golden year for corporate scandals. But one company has outshone the rest, taking home the inaugural Triple Drumstick.
- James Thomson
- Exclusive
- BOSS
Revealed: Australia’s 50 highest-paid CEOs in 2023
Despite topping the pay ranks, Macquarie Group’s Shemara Wikramanayake is just one of two women on the list.
- Patrick Durkin
November
Gambling stocks up 300pc pose dilemma for super funds
The guardians of Australia’s $3.5 trillion worth of retirement savings, among the biggest investors in gaming stocks, say the sector is becoming a tougher investment to justify.
- Amy Bainbridge
Execs support sustainability standards but wary on costs
Most surveyed companies back new sustainability reporting standards but remain concerned about the expense of producing the information.
- Edmund Tadros
EML Payments plunges on strategic review
Shares in EML dived after the company reveals its troubled Irish unit is burning cash.
- Jonathan Shapiro
Proxy firms say executives need more ‘skin in the game’
The boards of locally listed companies can do better to align executives with bonus payments, they say, and boards must be more independent on remuneration.
- Jonathan Shapiro
- Opinion
- Chanticleer
Proxy voting problems add to Origin Energy circus
Just when you thought the battle for Origin couldn’t get any crazier, a problem in the plumbing of the financial system has reared its head.
- James Thomson
NSW racing plan threatens to split Coalition party room
A growing number in the crossbench and the Coalition are hardening on the bill to extend the Racing NSW chairman Russell Balding’s term
- Samantha Hutchinson
US election ‘dangerous point in history’: Future Fund boss
Raphael Arndt, RBA governor Michele Bullock and Treasurer Jim Chalmers have warned that geopolitics is among economic challenges, but the most pressing problem is inflation.
- Patrick Durkin
- Analysis
- Watchdog
Longo is running out of time to show ASIC has teeth
Critics say the Great Barrier Reef authority refers more people for prosecution than ASIC.
- Patrick Durkin
ASX turns to Tata, passing over Nasdaq, to rescue CHESS
The sharemarket operator told investors the first part of the new system would be in place by 2026. Regulator ASIC is yet to be convinced.
- Updated
- Jonathan Shapiro and James Eyers
