The Agenda

Remuneration and governance news

Since 1994, following the recession conditions of the early 90’s, there has been progressive growth in the size of the Australian employment market.  Data released on 16 November 2017 by the ABS reveals that the jobless rate in October has dropped to a five year low.

Law Council of Australia Reviews the BEAR’s Role in Australia

Submissions to the Senate Economics Legislation Committee Inquiry into the Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2017 closed on 1 November, with the Committee due to report on 24 November. Twenty submissions were received, including submissions from the Australian Shareholders’ Association, Westpac, ANZ, Australian Bankers’ Associates, Bank of Queensland, Finance Sector Union… Read More

The Dilemma with Incentive Structures

An important role for the Board Remuneration Committee is to establish clarity with executives and shareholders around the primary levers that would support additional remuneration for key achievements during a Financial Year. What has emerged in recent years are concerns expressed by shareholders around the level of annual incentive payments, the performance criteria supporting incentives,… Read More