The Federal Government has released two discussion papers in the lead up to the October Tax Forum.

The first paper,  Tax Forum: The Fiscal Context, argues  the importance of ensuring the tax system provides a robust revenue base into the future.

"The discussion of tax reform needs to be placed in the context of Australia’s contemporary and future challenges. This includes an understanding of the economic and fiscal imperatives that will enable us to secure our ongoing prosperity in a global economy that will continue to change," the report reads.

Billionaire mining magnate Andrew Forrest has won the right to continue his appeal against a court ruling that found he had misled investors over seven years ago.

A report commissioned by the Federal Government has slammed systemic bias against women in the workforce. 

Dawn O’Neil, chief executive of beyondblue, a national non-profit initiative to combat depression, has quit after only eight months in the job.

Mining giant BHP Billiton has spent close to $19 million on its executive remuneration pay packages in the 2010-2011 financial year in a move that BHP Chairman John Buchanan describes as an investment geared towards reaping future rewards.

Westpac has announced that Ann Pickard will take a senior independent non-executive Director at the company’s board. Ms Pickard’s appointment will take effect from the beginning of December.

Troubled oil and gas company Nexus has announced Richard Cottee has resigned as the company’s Managing Director.

Sean Carroll has officially been appointed as executive general manager of Suncorp Life Risk Australia after settling into the role for five months.

Former Fairfax Media chief executive Brian McCarthy received a termination payment of $2.36 million despite the company reporting a full year loss of $401 million for the 2011 financial year.

ANZ Wealth has appointed a new head of sales, former BT executive Don Sillar.

The Australian Shareholders Association has warned that the annual meeting season will highlight corporate governance issues which are plaguing investors, including executive remuneration, external and internal management of real estate investment trusts, and management fees.

Australia is yet to see a tangible change in relation to the representation of women in senior roles, according to a report released by Ernst & Young,

Launa Inman has announced she will be departing the role of Managing Director of Target. 

The Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy, has announced the appointment of Rick Turchini to the board of NBN Co.

Leighton Holdings has announced Bruce Munro as the new Managing Director of the company’s wholly owned subsidiary Thiess.

Paramount Mining Corporation has announced it has appointed Terry Holohan as the company’s new CEO and Managing Director.

The Commonwealth Bank has announced Grahame Petersen as the company’s new Group Executive of Business and Private Banking in advance of Ian Narev taking his role as the company’s chief executive from 1 October.

Packaging giant Amcor has announced it will seek shareholder approval for issuing over $2 million in reward payments and options for CEO Ken MacKenzie.

The Productivity Commission and the Australian Bureau of Statistics (ABS) have released a joint research paper into the state of competition, innovation and productivity in Australian businesses.

Embattled carrier Tiger Airways has named former Virgin Blue senior executive Andrew David as its new chief executive of its Australian operations.

Myer Holdings has announced a restructure of the company’s executive team after Penny Winn, Executive General Manager Merchandise, announced her resignation effective on 8 December.

Archived News

RSS More »