News

Westpac’s chairman has won the support of several major investors, likely avoiding a board spill at Thursday’s annual general meeting

Westpac chairman Lindsay Maxsted has won over big investors AustralianSuper, Cbus and Hostplus at the eleventh hour, securing their backing for the bank’s remuneration report and probably avoiding a board spill at Thursday’s annual general meeting. The embattled board of Australia’s oldest bank will face investors from around the country […]
Westpac’s chairman has won the support of several major investors, likely avoiding a board spill at Thursday’s annual general meeting
Tech

Apple shareholders just gave a huge vote of confidence to Tim Cook

Apple held its annual shareholder’s meeting at its new California headquarters on Tuesday. Apple CEO Tim Cook discussed investing in the US but provided no details. Shareholders voted to approve all the board members for new terms, and voted against shareholder proposals seeking to make Apple form a human rights […]
Apple shareholders just gave a huge vote of confidence to Tim Cook
Markets

Woolworths knows the scale of the Amazon threat

The chairman of Woolworths, Gordon Cairns, has laid out the supermarket chain’s response to Amazon’s entry into Australia. The company has been building the digital side of the business and is now trialing express delivery. Cairns told the company’s AGM today that it’s all about customers. “Over the past year, […]
Woolworths knows the scale of the Amazon threat