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Preparing for new-look AGMs Share AGM laws are finally on the horizon. Whether they arrive in time for the fast-approaching peak AGM season is another matter, writes Megan Motto. With the peak AGM season only months away, many companies currently find themselves in a very challenging period as they decide between physical, hybrid and virtual formats. Adding an extra element of complexity, many organisations are drafting their notices of meetings against a backdrop of COVID flare-ups and an unclear regulatory situation. In an attempt to provide some certainty, the Treasury has released exposure draft legislation that proposes permanent reforms on virtual AGMs. It has been a long road on this issue, ever since the pandemic struck and exposed the constraints of a ....
Biden and Schumer working fast to confirm judges and counter Trump's reshaping of the federal bench kaok.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kaok.com Daily Mail and Mail on Sunday newspapers.
Companies temper executive pay rises Companies temper executive pay rises 08 July 2021 7:38AM There was a big drop in the proportion of chief executives who got a pay rise over the past year, as Australian companies paid heed to the reputational risk of giving their executives and directors salary and fee increases during the pandemic. According to the Governance Institute of Australia’s 2021 Remuneration Report, only 25 per cent of Australian CEOs received increases in fixed remuneration over the past year, compared with 53 per cent in the previous year. For those who did receive a pay rise, the increase was 1.4 per cent – down from 2 per cent the previous year. ....
10 things you need to know this morning in Australia James Hennessy 1. As predicted, the lockdown restrictions impacting Greater Sydney have been extended for another week. Premier Gladys Berejiklian on Wednesday announced stay-at-home orders and business closures, which were slated to expire this Friday, will instead last until midnight on Friday, July 16. Health authorities on Wednesday revealed an additional 27 cases of COVID-19 the community. NSW recorded 27 new locally acquired cases of COVID-19 in the 24 hours to 8pm last night. pic.twitter.com/pUprrXHpRE 2. We re expecting something of a surge in cases today. Three local government areas – Fairfield, Canterbury-Bankstown and Liverpool – have been singled out as major areas of concern for health officials. There are 37 COVID-19 patients in Sydney’s hospitals, including seven in ICU and two ventilated. ....
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