by Shared by Australian Financial Review | Jul 4, 2017 | News
The research reveals that the new batch of CEOs, which included Wesfarmers’ Rob Scott, Origin Energy CEO Frank Calabria and Carsales CEO Cameron McIntyre, received an average $4.19 million pay packet compared to over $5 million for the outgoing CEOs. Read the...
by Shared by Australian Financial Review | Jun 28, 2017 | News
The perverse outcome arises because companies will have paid tax on profits at a rate of 30 per cent for the years before 2016-17 but will only be able frank dividends at the lower rate of 27.5 per cent if they are paid out after 1 July, 2016. Read the full article on...
by Shared by Australian Financial Review | Jun 21, 2017 | News
In its annual trading update, Deloitte,one of the big four accounting and consulting firms, says it promoted 61 people to partner internally and hired 45 new partners over the past year, bringing its total partner count to a record 721. Women made up 39, or 37 per...
by Shared by Australian Financial Review | Jun 19, 2017 | News
In a draft statement of claim, obtained by The Australian Financial Review, class action shareholders will allege KPMG gave misleading advice to the Discovery Metals board over a joint venture’s off-market takeover offer in October 2012 to buy shares at $1.70 per...
by Shared by Australian Financial Review | Jun 15, 2017 | News
That’s the view of Bob Moritz, the global chairman of PwC, who said “firm audit rotation”, which is mandatory after a specific time for companies in the European Union and other countries such as South Korea, is having a host of unintended...