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29Retirement Benefits and Approval by Shareholders
Jun 2011
Under legislation passed in 2009, shareholder approval is required for retirement benefits for executive and managerial officers when the total benefit exceeds one year's base salary ...
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27NED Remuneration
Mar 2011
Latest non-executive director remuneration review on shares and options, fees increases, aggregate fee limits, committee fees etc. ...
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26Governance changes regarding remuneration consultancy (pre passing of bill)
Feb 2011
New government legislations propose changes to the "two strikes test", places restrictions relating to remuneration consultants, prohibits KMP voting and remuneration hedging ...
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23AGM Voting Patters on Remuneration Motions (Pre Two Strikes)
Jun 2010
Changes that are to be implemented as a result of recommendations of the Productivity Commission mean that Boards will need to even more carefully consider the likely views of shareholders when making decisions in relation to director and top executive remuneration ...
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22The Productivity Commission on Executive Remuneration
Mar 2010
Two important releases have recently been made in relation to corporate governance and executive remuneration in Australia...
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21Key APRA Guidelines
Mar 2010
Companies regulated by APRA have been busy implementing Australian Prudential Regulation Authority (APRA), Prudential Practice Guide PPD 511 Remuneration, dated 30 November 2009. Whilst compliance is only required for APRA-regulated companies we believe...
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202009 ESS Taxing Provisions Update
Nov 2009
On 21 October 2009 the new employee share scheme taxing provisions were introduced into Federal Parliament. Given the extended period over which the legislation has been developed it is hoped that there will be no further changes before it is enacted ...
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18Shares vs Options for Directors
Sep 2009
Although the new taxing provisions for Employee Share Schemes (ESSs) have not yet been passed by Parliament, it is expected that there will be little change to the provisions contained in the Exposure Draft which was open to submission ...
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17First look at changes to Employee Share Scheme (ESS) Taxation
Jun 2009
On 5 June 2009 the Federal Government backtracked on its 2009 Budget announcement to completely remove all tax deferral in relation to Employee Share Schemes (ESSs). At that time it also released draft amendments to the ESS taxing provisions ...
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16Government View of Executive Remuneration
Jun 2009
Two substantial amendments affecting executive remuneration have been announced by the Federal Government and they are: Reducing the amount of termination benefits that may be paid to top executives, and Removing tax deferral in relation to shares, rights and options ...