News & updates

Latest news & updates

Room for improvement on disclosures on board skills and sustainability risks

07/06/16

Disclosures against the nine new recommendations in the 3rd edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations have been examined in a new KPMG report. While there was a high level of adoption and acceptance of the new recommendations, ranging from disclosure of a board skills matrix to directors’ induction programs to the company secretary reporting line, the report shows that disclosures on board s...

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Moving the notice of meeting into the digital world

07/06/16

The government is consulting on proposals for the technology-neutral distribution of meeting materials. Having advocated for this reform for some years, Governance Institute welcomes the proposals. 

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Diversity — more than gender and some way to go

07/06/16

KPMG released a report examining the disclosures against Recommendation 1.5 on diversity in the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations in the first full year of reporting on the 3rd edition.

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How do you effect cultural change in a not-for-profit entity?

07/06/16

Governance professionals are often asked to serve on boards of not-for-profit entities in either a secretary or director role. Sometimes these not-for-profit organisations are in dire need of a change in their structure, outlook and culture.

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ASIC funding — what are the implications for independence of the regulator?

10/05/16

The restoration of $127 million of funding cut from ASIC’s budget in the 2014 Federal Budget — while welcome — does not address the more urgent need for a sustainable long-term funding model to give ASIC the financial stability it needs. ASIC has lost 14 per cent of its staff over the past few years due to the funding cuts of 2014. 

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Whistleblowing research will improve corporate culture

10/05/16

The world’s largest research project into whistleblowing will support a dramatic uplift in corporate culture at a critical time when the government, regulators and community are demanding higher standards of ethical conduct from Australian corporations.

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