Governance Institute blog

Tax reform of not-for-profit bodies needs to proceed with caution

Posted by Judith Fox, National Director, Policy & Publishing on 11/06/2015

The Federal Government’s discussion paper on tax reform specifically targets the not-for-profit (NFP) sector, asking if the current tax arrangements are appropriate. Importantly, it questions the ongoing availability of Fringe Benefits Tax (FBT) concessions and tax deductions for gifts to approved recipients. The discussion paper points out that while existing tax concessions help increase the level of activity in the NFP sector, the value of revenue forgone is significant and growing steadily.

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What’s new in school governance?

Posted by Judith Fox, National Director, Policy & Publishing on 06/05/2015

School governance is a specialised area that has its own challenges and interests. Directors appointed to school boards and councils have exactly the same legal duties as directors of for-profit companies. 

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Continuous disclosure — when to publish an earnings update?

Posted by Judith Fox, National Director, Policy & Publishing on 04/05/2015

ASX has clarified when an earnings surprise ought to be disclosed to the market in revisions to Guidance Note 8 on continuous disclosure.

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Collective investor action — when does positive engagement become inappropriate control?

Posted by Judith Fox, National Director, Policy & Publishing on 24/04/2015

Governance Institute recognises the importance of constructive investor engagement in maintaining good corporate governance. When effective engagement takes place between parties who want the entity to perform well over the long term and within a sound governance framework, everyone stands to benefit. 

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Got your sights on a board role?

Posted by Rachel Waterhouse, National Director, Marketing & Membership Services on 22/04/2015

Once upon a time, board positions were meant for retiring executives, prominent business people, and partners in legal and accounting firms approaching the ‘twilight’ of their careers. But all that’s changing. A younger cohort of men and women, often working executives, are also beginning to take up directorships.

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The challenge of disclosing your board’s skills profile

Posted by Judith Fox, National Director, Policy & Publishing on 09/04/2015

The success of a company relies on many factors. One of the most important is unquestionably, the quality and capabilities of its board of directors. After all, it’s the board that oversees the company’s all-important strategy as well as performance and sets the risk appetite. To be up to these tasks, the board must have the skills to steer the company through an ever-changing business environment and the insights to make the right strategic decisions even in challenging times.

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