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Showing 1341 - 1350 of 2739 results for "Shareholders"

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... argued: "It's time the major banks clearly disclose the profits they generate from compulsory super to their customers, shareholders and the general public." "The government and regulator need to find out if the bank-owned super funds are eroding workers' ...

Praemium review clears Ohanessian

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
... support for Ohanessian, adding: "We look forward to working with him in continuing to drive growth and value for shareholders." "Michael is a talented executive with strong integrity, who has led the management team over the entire period of the transformation ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
... impossible. "No company can simply 'absorb' a new tax - the impact of higher costs ultimately flows through to customers, shareholders, suppliers, staff or some combination of all four," Maxsted said. NAB chair Ken Henry expressed similar sentiments ...

Second private equity firm joins battle for Fairfax

ALEX BURKE  |  FRIDAY, 19 MAY 2017
... both bidders to conduct due diligence prior to making proposals binding. "The Fairfax board appreciates the support shareholders have demonstrated for Fairfax's current strategy and the potential separation of the Domain Group," Fairfax chair Nick Falloon ...

Senior executives sworn to secrecy over bank levy

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
The five major banks are banned from consulting with their boards, customers or shareholders prior to the implementation of legislation around the new bank levy. In what the Australian Bankers' Association has labelled an extraordinary move, the Federal ...

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... benefits from, and is part of, the banking industry. This includes NAB's 10 million customers, 570,000 direct NAB shareholders, those who own NAB shares through their superannuation, our 1700 suppliers and NAB's 34,000 employees. The levy cannot be absorbed ...

MYOB co-founder sells $62m Xero stake for charity

ALEX BURKE  |  TUESDAY, 16 MAY 2017
... gratifying to see strong institutional demand and interest in Xero while retaining a strong commitment from strategic shareholders."

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
... submission CBA also expressed its concern around the tight deadline and the impact such a levy would have on customers and shareholders. CBA argues that as the largest taxpayer in Australia the addition of the levy requires the bank to bear an even more ...

Praemium chief executive takes back company

ALEX BURKE  |  MONDAY, 15 MAY 2017
... client base. We are committed to realising the growth opportunities in front of us and delivering strong returns for shareholders." The board thanked De Luca for his contribution as interim chief, making particular note of his "support to management ...

Ohanessian ousts entire Praemium board

ALEX BURKE  |  FRIDAY, 12 MAY 2017
... Stuart Robertson, Daniel Lipshut and chair Barry Lewin have taken over. The now-removed board previously indicated to shareholders they believed the new directors intend to reinstate Ohanessian as chief executive, replacing interim chief and former Bankwest ...