Media releases

Month: Feb

  • Clear, consistent SOC governance frameworks will enhance taxpayer returns


    State Owned Corporations (SOC) need robust governance frameworks that are clear, transparent and consistent if they are to deliver maximum value for taxpayers, Governance Institute of Australia has told the NSW Department of Premier and Cabinet.

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  • Time to up the ante on shareholder engagement


    Governance Institute of Australia and distinguished governance expert, Sandy Easterbrook have today launched for public consultation an exposure draft of guidelines to assist ASX-listed companies and their institutional investors to engage more effectively so as to enhance long-term performance and corporate value.

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  • Reduction of FOFA red-tape must not sell out consumers


    The Federal Government’s proposals to slash the compliance obligations of financial advisers under the Future of Financial Advice (FoFA) legislation go too far in effectively overturning important consumer protections required to insulate consumers from another wealth-destroying catastrophe the likes of the Storm Financial collapse, says Governance Institute of Australia.


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  • Super fund reform ignores member rights


    Director accountability and member empowerment in the form of new measures to give fund members the all-important right to vote directors in or out must be the centrepiece of any effective reform of superfund governance, Governance Institute of Australia has told the Treasury review into superfund regulation and governance.

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  • Reduce incentive schemes' red tape and move taxation point


    Employers and employees alike are victims of inequities in incentive-based employee schemes,which have employers battling to overcome tough, ever-increasing compliance hurdles while employees are being financially disadvantaged when they are taxed on options when they leave the company, rather than when the options are realised, Governance Institute Australia has warned.

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  • Letter to Editor, AFR, ACNC register at risk


    The government wants to replace the charity regulator, the Australian Charities and Not-for-profits Commission (ACNC), with a charity evaluator model based on the US-based Charity Navigator ("US-style regulation of charities under question", AFR, January 30).

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