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    1. Australia: Shareholders are Hell-Bent on Punishing and it's Making Boards Nervous

      Australia:  Shareholders are Hell-Bent on Punishing and it's Making Boards Nervous

      Company boards are nervous. Four years ago it was rare to see much support for a shareholder strike vote about executive pay. Fast forward to today, shareholders have developed a real taste for it. Shareholders delivering strikes vote against remuneration reports have morphed into a broader protest vote aimed at anything from poor financial performance and a sagging share price to behavioural and social issues...

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    2. Qantas (ASX: Qan) Boss Takes Pay Cut to $10.9 Million

      Qantas (ASX: Qan) Boss Takes Pay Cut to $10.9 Million

      Qantas chief executive Alan Joyce was paid $10.9 million last financial year, helped by share price gains and long-term bonus payments, after the airline's record-breaking profit. The pay packet is several million dollars more than that of any of the big four bank chiefs in the latest year, but is still 56 per cent below the $24.6 million paid to Mr Joyce i n 2017, when he reaped the benefits of bonus payments linked to the airline's turnaround and a surging share price. Qantas chief executive Alan Joyce ...

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    3. Shareholders Amp Up Pressure on AMP Board

      Shareholders Amp Up Pressure on AMP Board

      Pressure is mounting on the AMP board as investors are lining up against the re-election of directors and the company’s proposed executive pay package at the annual general meeting next month. The Australian Shareholders’ Association is the latest to announce it plans to wield votes against the company at its May 10 meeting in the wake of damning evidence at the Hayne royal commission...

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      Mentions: Investors resign AMP
    4. BHP Shareholders Tell Chairman MacKenzie What They Really Think

      BHP Shareholders Tell Chairman MacKenzie What They Really Think

      The freshly minted chairman of BHP, Ken MacKenzie, has travelled the world on what he calls his shareholder "listening tour" – an exercise which could more be accurately characterised as a shareholder assessment of the company's performance. His feedback? There were "areas we could do better" ... "areas where focus needs sharpening" and "areas we can build on"...

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    5. 2016 a wake up call on executive pay

      2016 a wake up call on executive pay

      State Street Global Advisors's Rakhi Kumar. Photo: Supplied BlackRock, one of the world's biggest investment funds, holds trillions of dollars worth of shares in companies around the world. It has some of the largest stakes in many Australian blue chips, including BHP, Commonwealth Bank and Telstra. ​Anger over executive pay reached fever pitch in November when Commonwealth Bank shareholders revolted over the bank's payments to top executives.

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    6. Reserve Bank Board Prepare For a Rate Cut

      Reserve Bank Board Prepare For a Rate Cut

      Reserve Bank board prepare for a rate cut Peter Martin 1 Aug 2016, midnight Apparent strong house price growth in Sydney and Melbourne is unlikely to dissuade the Reserve Bank from cutting interest rates on Tuesday, in part because it's not what it seems. Reserve Bank board prepare for a rate cut The August meeting is RBA Governor Glenn Stevens' second-last before he is replaced by his deputy, Philip Lowe.....

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      Mentions: Bank
    1-18 of 18
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