AGM hit list revealed: Proxy advisors target bonuses, 'underlying' profits
Proxy advisors are targeting executive pay and misleading underlying profit figures as shareholders face off against directors at annual general meetings around the country.
Proxy advisors are targeting executive pay and misleading underlying profit figures as shareholders face off against directors at annual general meetings around the country.
One of the country's biggest investment companies says dumping fossil fuel assets is not the answer to climate change.
Labor will demand the corporate watchdog release the names of the life insurance companies knocking back more than one-third of total and permanent disability claims.
Consumer groups and insurance lawyers have criticised a new life insurance code of conduct, saying it fails to protect people from unethical behaviour and only covers a fraction of the industry.
Australia's financial regulators will front the house economics committee on Friday following questioning of the big four banks.
Bank of Queensland has lifted its profit despite market volatility and intense competition for both loans and deposits.
The government is pushing ahead with reforms that will allow life insurance brokers to pocket commissions as high as 60 per cent, despite calls for them to be banned altogether.
National Australia Bank has completed the sale of 80 per cent of its life insurance business.
Bendigo and Adelaide Bank has bought $1.35 billion worth of home loan debt from the Western Australian government's affordable loan scheme.
A former Deutsche Bank currency trader has been permanently banned from the industry after a series of false trades artificially boosted the bank's revenue by 28 million Euros.
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