Media releases
Year: 2019
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Governance Institute welcomes AGM reform via Labor’s proposed Competition and Growth Taskforce
Read moreThe Governance Institute of Australia welcomes today’s announcement by the Federal Labor Party to invest $3 million into a new Competition and Growth Taskforce, which will focus on corporate governance issues such as AGM reform, boosting shareholder engagement and corporate reporting.
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Budget 2019: Funding boost for regulators vital to restoring trust in financial sector
Read more$600m announced for ASIC & APRA to tackle Banking Royal Commission recommendations
The Governance Institute of Australia welcomes the Federal Government’s 2019 Budget. Funding increases for the financial sector’s key regulators, ASIC ($400m) and APRA ($150m), as well as a the expansion of the Federal Court’s remit ($35m) to prosecute white collar crime will help drive accountability in the financial sector.
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New ASX Principles demand better corporate culture, ethics, diversity and environmental risk reporting
Read moreWednesday, 27 February, 2019 - Following extensive consultation, the Fourth Edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations was released today, providing updated guidance for ASX-listed companies reporting on corporate governance, such as culture and ethics, workplace diversity and environmental risk.
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Royal Commission: Governance culture of ‘box-ticking’ over
Read moreReinforcing a good culture based around ethical conduct and accountability as part of governance frameworks will be vital to acting on the Commission’s report. The Governance Institute of Australia welcomes the release of the Banking Royal Commission’s final report, and especially its focus on fixing the sector’s failings of culture and governance.
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Chief Ethics Officers could address Banking Royal Commission recommendations
Read moreThe Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry will no doubt provide a sobering insight into the sector’s governance failings, driven by a culture of profits over service.
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Aged care royal commission: Silencing whistleblowers will not be tolerated
Read moreMegan Motto, Chief Executive Officer, Governance Institute of Australia today welcomed the strong opening statements from the Honourable Richard Tracey and Ms Lynelle Briggs concerning the protection of whistleblowers, starting the Royal Commission into Aged Care Quality and Safety off on a strong foundation.