Egan Associates regularly publishes insights and fields questions from the media in our areas of expertise. Our most recent views can be found below or readers can subscribe to our monthly newsletter, access our latest in-depth KMP Report and download PDF versions of our past newsletters.
To what extent does tertiary training and education actually prepare our youth for the world of work? This question reflects an emerging challenge for government as many employers are questioning the work-readiness of Australian graduates with certificates, diplomas and degrees. While most TAFE and University graduates receive a traditional and widely accepted credential to enable… Read More
Recent press comment and statements made in response to the Hayne Royal Commission have reinforced observations from investors, proxy advisers and others that Boards need to be more transparent and provide more comprehensive information on their nominations process and Director capability. In our opinion, a proportion of both favourable and unfavourable comment in relation to… Read More
Australian workers earning $450 gross or more per month are entitled to a superannuation contribution of 9.5% of their gross salary under the Superannuation Guarantee legislation, with contributions capped at $25,000. The single aged pension in Australia currently stands at $926.20 per fortnight / $24,080 per annum. For couples, the aged pension is $698.10 each… Read More
Initial concerns from the Hayne Royal Commission related to Director engagement in the determination of remuneration policy and, in particular, incentives. Shareholder focus has since turned to Director’s knowledge of performance outcomes leading to the distribution of incentive payments at all levels of the workforce. Proxy advisers, industry funds and institutional investors have expressed concern… Read More
Considering some observations made by proxy advisers, institutional investors and researchers pertaining to the 2018 financial year, we believe some key issues for 2019 AGMs will include: The quality and comprehensiveness of disclosures focusing on: Business strategy Financial performance of the year in review Operational performance of the year in review Board composition, renewal and… Read More