More than half (52%) the 56 appointments to ASX200 boards in the March quarter were women, up from 33% a year ago. This is the first time that female appointments to ASX200 boards have exceeded males since the Australian Institute of Company Directors (AICD) began tracking appointment rates in 2009. […]
Trust is now a crucial issue to businesses in Australia, according to a survey of company directors. However, fewer than half (48.4%) feel their board of directors has a proactive approach to building trust with the company’s most important stakeholders And just 23% of directors believe they receive meaningful metrics […]
Progress on getting a better representation of women on the boards of big ASX-listed company has stalled. At the end of August there were 25.4% female directors across the ASX200, only fractionally above the 25.3% achieved at the end of 2016. The percentage of female directors across the ASX 200 […]
Members of boards of directors will now have to have unique director identification numbers as a way of combating phoenix companies where businesses are sent broke but their assets rise again in another company. The federal government says illegal phoenixing costs the economy up to $3.2 billion a year. Among […]
Company directors are more confident now than they’ve been in the last six years but are still concerned about what’s happening in Canberra, according to a survey by the Australian Institute of Company Directors (AICD). The bi-annual Director Sentiment Index, compiled using feedback from 1,100 directors between March 24 and […]
The state of government policy making in Australia has company directors worried. Almost 80% of them say the federal government is negatively impacting consumer confidence, according to a survey released today by the Australian Institute of Company Directors (AICD). The bi-annual Director Sentiment Index shows only 8% of directors feel […]
Stephen Walters, formerly of JP Morgan, has been appointed as the first chief economist at the Australian Institute of Company Directors (AICD). Walters was chief economist for Australia and New Zealand at the investment bank and has more than two decades as an economist in both Australia and the UK. […]
A "perverse outcome".
A sharp rise in sentiment.
The new business club.
Hating on the feds.
They employ 1 million people.
Less than 30% of directors see Canberra as a positive.