What does the superannuation landscape look like now?
Increased Pressure on CEOs Amidst Volatile Economic Conditions
Recent events around the world highlight increasing skepticism and decreasing faith among shareholders on Key Management Personnel (KMP) remuneration practices.
Risk-adjusted TSR Performance Measure: A Beta Measure?
Recent commentary has suggested the use of various risk-adjusted measures in assessing executive performance.
Budget 2012 Announcement – Less Golden Handshakes
The Government has unexpectedly announced a limit to the availability of the Employment Termination Payment tax (ETP) offset.
Budget 2012 Announcement – More Living-Away-From-Home-Allowance (LAFHA) Changes
The Government has announced further restrictions on the availability of the living away from home allowance.
Budget 2012 Announcement – Superannuation Changes : A Double-Whammy
The Government has confirmed an additional tax of 15% (on top of the existing flat 15% rate) on concessional superannuation contributions from 1 July 2012 for individuals whose income exceeds $300,000.
STOP PRESS
Companies are reviewing performance pay in light of shareholder feedback Property developer Stockland has just announced that executive bonuses for 2012 will be cut following
Disclosure of Executive Remuneration for Industry Super Fund Boards
A recent Financial Services Council report has set a new benchmark for increased governance and transparency for retail and corporate superannuation sectors
Proposed Changes to the “Living Away From Home Allowance”
Executive remuneration for expatriates in Australia is likely to be impacted by the proposed changes to the fringe benefits tax treatment of Living-Away-From-Home –Allowance (“LAFHA”) benefits.
Applying Proposed Clawback Rules
Listed companies will be required to disclose to shareholders through the remuneration report the steps they have taken to clawback bonuses and other remuneration where a material mis-statement has occurred in relation to the company’s financial statements.