ASA Insights Uncategorized ASA in the News – 2017
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December
- 28 December – The Australian – Fines for banks’ bad behaviour pay for financial literacy [paywall]
- 14 December – Cuffelinks enewsletter – Famous asset bubbles
- 8 December – AgroNews – Nufarm’s expansion in Europe will not see a reliance on glyphosate
- 8 December – AICD – AGM Season Heats Up
- 7 December – Sydney Morning Herald – Westpac to explain royal commission backflip to investors
- 6 December – The Weekly Times – Nufarm’s expansion in Europe will not see a reliance on glyphosate
- 4 December – ABC The Business – ABC The Business – No Fault Lines
- 4 December – Investing.com – U.S. Tax Plan Buoys European Markets
- 4 December – Sydney Morning Herald – He’s a real miner.’ Rio Tinto names Simon Thompson as next chairman
November
- 30 November – Beef Central – Opinion: Shareholder engagement remains big challenge for MLA AGM process
- 28 November – The Boardroom Report – Turning up the temperature at AGM season
- 28 November – Australian Financial Review – Future Fund gets tough on boards over governance, executive pay
- 28 November – Midland Express – John McGrath contemplates delisting his real estate dud
- 27 November – Australian Financial Review – Spotlight on healthcare technology [paywall]
- 27 November – Australian Financial Review – Directors in firing line as executive remuneration strikes fall [paywall]
- 27 November – Investment Magazine – Neither friend nor foe: Corporate boards & investors on ESG
- 26 November – Australian Financial Review – Can Bellamy’s Australia’s shares keep rising? [paywall]
- 25 November – Bendigo Advertiser – Myer set to survive Lew’s insurgency
- 24 November – Business News Australia – Myer Chairman Fights Back Against Solomon Lew at Group AGM
- 24 November – Australian Financial Review – Solomon Lew loses round one in Myer battle but the war is not over [paywall]
- 23 November – Brisbane Times – Myer set to survive a bruising AGM with Solomon Lew
- 23 November – The Australian – Lew showdown looms at Myer AGM
- 22 November – The West Australian – Shareholders smack MinRes on pay but hold fire on board spill
- 21 November – Franchise Advisory Centre – Harvey Norman founder survives shareholder revolt
- 21 November – Value Walk – Jana Partners $140 Million Into Bloomin Brands
- 21 November – MinterEllison – MinterEllison Remuneration Governance Team helps CSL avoid Strike Two
- 21 November – Compliance Quarter – 1 July 2018: Are you getting prepared for the Banking Executive Accountability Regime (BEAR)?
- 21 November – Australian Financial Review – Premier Investments shareholder John Sevior backs Lew call for Myer board seats [paywall]
- 21 November – The Australian – Gary Weiss pleads case at Ardent Leisure [paywall]
- 21 November – Gold Coast Bulletin – Ardent Leisure director and former Disney executive Randy Garfield says icon won’t buy Dreamworld
- 20 November – Herald Sun – Shareholder body says ignore Solomon Lew push on Myer board
- 18 November – The Courier Mail – Repercussions of collapse of Chinese-owned Caledon Coal rock Queensland
- 17 November – Appliance Retailer – Gerry Harvey re-appointed as chairman
- 17 November – Corporate Governance Institute – Lendlease says it faces safety, engineering challenges
- 17 November – Sydney Morning Herald – Lendlease says it faces safety, engineering challenges
- 17 November – Franchise Business – Franchisee sales up at Harvey Norman and chain fights off concerns on executive pay
- 17 November – Sydney Morning Herald – Fox, News shareholders revolt but Rupert Murdoch gives them short shrift
- 16 November – Australian Financial Review – Ramsay Health Care appoints David Thodey to board, defends France move
- 16 November – Nine News – Nine News Sydney – Shareholder Anger [17’58”]
- 16 November – Australian Financial Review – CBA survives shareholder lashing at AGM
- 16 November – Sky News – Commonwealth Bank holds AGM in Sydney
- 15 November – Sydney Morning Herald – Gerry Harvey threatens to walk away from AGMs
- 15 November – PerthNow Sunday Times – Harvey Norman AGM: Chairman Gerry Harvey to face tough questions
- 15 November – Australian Financial Review – Harvey Norman’s Australian sales growth accelerates [paywall]
- 15 November – The Age – Having your cake and eating it too – Evolving Virtual Shareholder meetings
- 14 November – News.com.au – Harvey Norman to face tough AGM questions
- 14 November – The Bull – Harvey Norman to face tough AGM questions
- 14 November – Morningstar – Harvey Norman to face tough AGM questions
- 14 November – The West Australian – Gerry Harvey faces AGM fight to keep seat at Harvey Norman
- 10 November – Resources Rising Stars – Fortescue Metals Group says China is distorting iron ore markets
- 15 November – SBS News – Commonwealth Bank holds AGM in Sydney
- 17 November – Australian Institute of Company Directors – Hybrid AGMs welcome, but the future is virtual
- 16 November – Australian Financial Review – Harvey Norman will be Amazon’s ‘most formidable competitor’ [paywall]
- 10 November – Chamber of Commerce and Industry WA – Power praised for leadership
- 15 November – Channel News – ASA Wants Gerry Harvey Kicked Off Harvey Norman’s Board
- 16 November – WA Today – Fox, News shareholders revolt but Rupert Murdoch gives them short shrift
- 16 November – Nine Finance – Harvey Norman narrowly avoids first strike
- 16 November – SBS News – CBA avoids second strike on executive pay
- 16 November – The West Australian – Farewell, Richard: Goyder hands over Wesfarmers reins
- 14 November – The Australian – Harvey Norman to face tough AGM questions
- 15 November – ARN – Harvey Norman faces down calls for leadership overhaul
- 15 November – CRN – Shareholder group wants Gerry Harvey gone
- 17 November – The Australian – Catherine Livingstone says sorry to CBA investors
- 16 November – Australian Financial Review – Gerry Harvey still answering shareholders selectively
- 16 November – Sydney Morning Herald – Gerry Harvey survives shareholder revolt to make it 30 years in the chair
- 14 November – ABC News – Will Rupert Murdoch lose his grip as AGM season heats up?
- 10 November – The West Australian – High costs hurt buyers looking for their ‘last’ move: Cedar Woods
- 10 November – Sydney Morning Herald – CBA tipped to avoid second ‘strike’ on executive pay
- 17 November – Channel News – Gerry Harvey In For Torrid AGM, Move To Spill Directors
- 7 November – Australian Financial Review – Harvey Norman showdown likely over chairman’s re-election
- 7 November – The Australian – A novel voice for small shareholders’ concerns [paywall]
- 1 November – Australian Financial Review – Downer EDI faces prickly AGM as activists protest Adani coal mine contract [paywall]
- 2 November – Brisbane Times – Domain gets shareholder green light for separation from Fairfax Media
October
- 30 October – Australian Financial Review – Feathers set to fly at Ingham’s AGM after $32m IPO bonuses
- 26 October – Ross Greenwood – Money Action – WHY IS JAMES PACKER NOT HAPPY?
- 31 October – Money Management – BEAR risks distorting financial services remuneration
- 27 October – Illawarra Mercury – Ziggy bears brunt of Tabcorp investor anger over Austrac case
- 27 October – Sydney Morning Herald – Shareholders lob protest vote against Tabcorp director Ziggy Switkowski over Austrac case
- 26 October – 2GB – Pokie tampering allegations “outrageous and unfounded”
- 26 October – Money Action – WHY IS JAMES PACKER NOT HAPPY?
- 26 October – Financial Review – Giving a bonus twice for the same thing’: ASA votes against WorleyParsons
- 25 October – SBS News – Vocus chairman sorry for ‘unpleasant’ year
- 25 October – SA Real estate News – RBA: Brisbane apartment oversupply could hurt investors
- 20 October – The Advocate – ‘That’s an awful lot of apartments’: RBA calls out Brisbane glut risk
- 19 October – Insurance Business Magazine – IAG chief faces fire over “spirit” bonus
- 19 October – The Age – Rio’s reputation will be hit, says leading corporate law expert
- 18 October – Brisbane Times – CSL moves to change CEO pay structure to avoid second strike from shareholders
- 18 October – Brisbane Times – Brambles wears shareholder wrath over exec pay
- 18 October – The Advertiser (Adelaide Now) – Stop wine rebate, says Penfolds owner Treasury Wine Estates boss
- 18 October – Sydney Morning Herald – CSL moves to change CEO pay structure to avoid second strike from shareholders
- 17 October – The Australian – Worley Parsons bonuses face shareholder heat at AGM
- 16 October – Business First Magazine – The market in the week ahead
- 16 October – Financial Review – Insurance Australia Group CEO’s $2.55m ‘spirit’ bonus kicks off fiery AGM season
- 14 October – Sydney Morning Herald – How the new generation of activists corners boards
- 12 October – Courier Mail – They just like our roads, says Transurban chair
- 12 October – Herald Sun – They just like our roads, says Transurban chair [paywall]
- 5 October – ABC News – Commonwealth Bank among many firms facing ‘second strike’ from shareholders
- 5 October – ABC News – The Business – Shareholders target rising executive pay and falling performance
- 4 October – Global Construction Review – Arup in $1.6bn lawsuit over traffic forecasts for Brisbane toll PPP
September
- 29 September – The Australian – Gary Weiss named new Ardent chairman as George Venardos steps aside [paywall]
- 27 September – Sky News – AGL to face shareholders over Liddell
- 27 September – The Australian – Coalition’s banking accountability regime too much to BEAR
- 26 September – News.com.au – Energy prices, pay packets loom at AGL AGM
- 25 September – Business Insider Australia – Shareholders set to test AGL this week after backlash to big bonuses
- 22 September – Courier Mail – Property spruiker whose business failed splashed out $1.2 million to buy Birdsville Bakery
- 22 September – Sydney Morning Herald – Rio Tinto to buy back another $US2.5b of shares
- 21 September – The Courier Mail – Suncorp AGM 2017: dividend payout lifted, spending detail released in face of investor scepticism about financial marketplace spending
- 19 September – Australian Business Review – Gordon, Murdoch lob new Ten bid
- 19 September – The Australian – Ten Network takeover: Bruce Gordon to appeal court ruling [paywall]
- 18 September – The Australian – Fate of new Ten bid in the balance
- 18 September – Financial Review – AGL Energy may avoid ‘second strike’ as proxy advisers weigh in [paywall]
- 15 September – Financial Review – Is Alan Joyce’s $25 million salary too high?
- 14 September – Brisbane Times – Charity begins at work for Future Generation Investment director Belinda Hutchinson
- 14 September – Mondaq – Australia: “Lifting The Fear And Suppressing The Greed”: The Upwards Criminal Enforcement Trend In Australia, Recommended Penalty Reform And What This Means For Insurers And Insureds
- 13 September – Insurance Business Mag – New ex-Aviva QBE boss could pocket nearly £5.5 million a year
- 12 September – Herald Sun – New QBE chief executive, Pat Regan, to pocket $9 million
- 8 September – The Australian – Gordon takes round one in CBS legal bout [paywall]
- 6 September – The Border Mail – What investors can learn from Australia’s sovereign wealth fund
- 5 September – The Australian – Ardent board move a victory for investors: Gary Weiss [paywall]
- 5 September – The Canberra Times – Primary Health Care former boss Peter Gregg gets parting bonus
- 4 September – The Australian – Weiss invited on to Ardent Leisure board [paywall]
- 4 September – Sydney Morning Herald – CBS loans Ten $143 million to pay debts, creditors yet to approve sale
- 4 September – Financial Review – APA Group chairman Len Bleasel keeps it in the AGL family [paywall]
- 4 September – The Age – CBS loans Ten $143 million to pay debts, creditors yet to approve sale
- 4 September – The Age – Ten’s employees and creditors, except Fox, to be paid in full in CBS deal
- 4 September – Mondaq – Australia: Shareholder Activism Dealt A Blow In Australia’s Federal Court
- 1 September – MSN Money – Harvey Norman founder Gerry Harvey has $16m hole in pocket after dividend cut
- 1 September – The Australian – Battle heats up for Dreamworld owner Ardent Leisure [paywall]
- 1 September – Stockhead – Board changes as TTG Fintech plans China payment system for Australia
- 1 September – The Esperance Express – Double whammy: Gerry Harvey takes a $125m hit despite record earnings
- 1 September – ABIX – Administrators delay Ten report
August
- 31 August – Herald Sun – Ten Network status report delayed
- 30 August – Sydney Morning Herald – Ten shareholders calling for class action and compensation
- 30 August – The Age – Ten shareholders calling for class action and compensation
- 30 August – News.com.au – Network Ten shareholders call in the lawyers
- 30 August – The Australian – Class action threat over Ten’s takeover by CBS [paywall]
- 30 August – TV Tonight – TEN shareholders considering class action following CBS deal
- 30 August – InDaily – Class action threatened over CBS bid for Ten
- 30 August – ABC Explain This – Explain This: the share market
- 28 August – Reuters – CBA hit with second regulatory probe after money laundering claims
- 28 August – News.com.au – Murdoch, Gordon miss TV prize as Ten saved
- 28 August – CNBC – CBA hit with second regulatory probe after money laundering claims
- 28 August – Fortune International – CBS Agrees to Buy Embattled Broadcaster Ten, Wading Into Australia’s Streaming Market