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Mark Johnson, a founding leader of Macquarie Group, has passed away.
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The Supreme Court of NSW has ordered Dexus to cover close to $30 million in legal costs incurred by Melbourne Airport owner Australia Pacific Airports Corporation (APAC) and its shareholders, after the property giant lost a court fight over claims it improperly shared confidential data while trying ...
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When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
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Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
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Featured Profile
David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Have I got this right? Underlying profit is yet to be announced but is expected to be around $4million. Incentives increase in 6% bands, starting at a 33% increase over the $4 million i.e. $1.2 million increase. The CEO gets $500,000 of that increase in incentives. Wow!!!!! If the company (not the CEO) achieves a $1.44 million increase in underlying profit, the CEO gets $1 million of it, and if the company achieves $1.68 million increase in underlying profit, the CEO gets $1.5 million of it.
If that is right (and I hope I am wrong somewhere here) then that does seem one-sided in the extreme. There are rights that come with ownership that seem to be being ignored.