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Showing 221 - 230 of 2466 results for "Directors"

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... proceedings." Just last month, APRA forced Cbus and BUSSQ to take action to address concerns around their CFMEU-linked directors. The CFMEU's construction and general divisions were forced into administration recently, and the administrator pulled ...

SPAC acquires Australian Food & Agriculture

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... including some of Australia's most iconic properties." Upon closing the deal, NewCo's board will comprise seven directors including two designated by current AFA shareholders who roll a portion of their ownership into NewCo, Leuschen, Glover ...

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
Cbus' CFMEU board directors Rita Mallia, Jason O'Mara, and Dave Noonan are no longer with the fund. The CFMEU directors were removed from the super fund's website earlier this week. Cbus' board comprises 14 directors, including an equal number of ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... around its benefit to shareholders. He is to be succeeded by current deputy chair Gregory Cooper. Further, non-executive directors Ian Hammond and Nancy Fox will retire from the Perpetual board in October. The Perpetual board declared a final dividend ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... fund, which caters to education professionals, has revised its constitution to allow for the inclusion of independent directors on its board. With current chair Geoff Newcombe intending to retire at the end of the year, NGS Super has appointed John Battams ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... supervisory teams focused on each industry and engaging with regulated entities will remain unchanged. The executive directors confirmed to lead APRA's divisions include: Jane Magill, executive director, general insurance and banking Carmen Beverley-Smith ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... Employees, Queensland (CFMEU-Q), a separate legal entity to the CFMEU, is a shareholder of BUSSQ and has appointed four directors to its eight-member board, three of whom are also CFMEU officers. The industry fund, while supportive of the prudential ...

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... inflation, capability improvement with more senior employees added and increased number of employees more broadly," it said. Directors declared a one cent per share full-franked dividend to be paid September 19. Underlying EBITDA was $21.5 million, down ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... reputation as an attractive destination for international capital," Chalmers said. The Australian Institute of Company Directors welcomed the legislation, saying it marks a significant milestone in Australia's transition to a decarbonised economy, providing ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... highly regulated financial institution that meets all legal obligations regarding the appointment and ongoing review of directors, who must pass a fit and proper assessment. Bragg, however, criticised Cbus for not taking action to remove these board ...