We note that in reports of early November, the Workplace Gender Equality Agency (WGEA), using ABS data, revealed that the national gender pay gap presently stands at 14.6%, the lowest in twenty years. The WGEA noted that the gap had hovered between 15% and 19% over the past two decades.
Hayne Banking Royal Commission Interim Report
The Banking Royal Commission’s Interim Report provided us with insights into two very different outcomes resulting from the activities of several financial services organisations.
ASIC Gives the Gift of Advice
Companies need to identify ways to make annual general meetings (AGMs) transparent, ethical, and effective.
Lessons from Banking Royal Commission
One of the questions raised by Rowena Orr, QC in the Banking Royal Commission’s session which took place on 27th April 2018 was “How can companies incentivise good quality advice where the best advice is to do nothing?”
The Agenda
The Agenda is the must-read summary of issues influencing Boards of Directors and Government.
Australian Companies Lack Asian Skills
Australia is lacking in Asian skills, which is holding businesses back. The two main skills that Australia lacks are being fluent in Asian languages and having knowledge of the regions markets.
Increased Accountability Important for all Industries, not just Banks
Treasury’s Banking Executive Accountability Regime (BEAR) provides food for thought for every enterprise looking to ensure KMP manage resources in the long-term interests of the organisation.
Influencing Culture Through Remuneration
With regulators threatening to more closely scrutinise corporate culture, Directors will be looking to exercise all of the levers in their control to influence its development, including remuneration.