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The Big Issues for 2010 - Economist Report |
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What's In: Shape of recovery; China; India; Taxation; Superannuation; Chinese Yuan; Commodity Boom, Federal Election; Climate change; Housing cost & supply What's Out: Recession, GFC, All things US; Rate cuts/super-low interest rates; Volatility; 9-5 work-days; Debt
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June 2010 issue of Equity now available |
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The June 2010 issue of our monthly members' magazine, Equity, is now available for members to access online and includes a feature on the future of financial advice, Cooper and Henry Reviews and the budget, a Shareholder Opinion article on the resources 'super profit' tax, information for tax time and the list of failed, troubled and illiquid companies and a brickbat of the month to Wayne Swan and the Government for the proposed resources tax. Download the June 2010 issue.
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Clough defends relocation deal for boss |
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WA engineering contractor Clough yesterday defended $450,000 in additional relocation allowances for a senior boss, describing it as the price of competing for key talent against multinational oil and gas companies such as Chevron, Shell and Woodside. ... Australian Shareholders' Association CMC chairman Douglas Armati said the association would support Clough's remuneration for now, "given its performance", but wanted to see the group's long-term incentive plan increase from three to four years. Read the full article in The West here
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ASA media comments:Leighton Holdings remuneration |
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ASA company monitor, Dan Steiner's comments on Leighton Holdings (LEI) remuneration and Wal King's payment. Transcript of ABC PM program
Transcript of Lateline Business segment
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Mood swings for Stokes at WAN AGM |
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Is it 1978 again? The WA Newspapers Holdings annual general meeting was so far removed from last year's hostilities that it was only missing John Paul Young's 21-year-old hit Love is in the Air as the theme song. ... ASA WA branch, company monitoring committee chairman, Doug Armati was particularly fulsome in his praise of the independent directors Rio Tinto Australian chief Sam Walsh and Woodside Petroleum CEO Don Voelte who both stood for re-election having been appointed after the last AGM. Mr Armati said the men had taken considerable time to answer the ASA's concerns about how they would perform their WAN directorship duties when their primary allegiance was to the companies they led. The ASA had come to the conclusion that - based on the experience they brought to WAN and their confirmation that they could make available the necessary time - the association would support their election, a position that was an exception to their rule on such matters. Read the full article in WA Business Times
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