This Month
Bank, super boards the target of APRA’s new director rules
The lobby group for company directors described some of the proposals, which include limits on tenure and more oversight in succession planning, “overreach”.
March 2024
Super funds’ director picks may be conflicted: Chronican
The warning comes as AustralianSuper CEO Paul Schroder says his fund is reserving its right to put a director on Origin’s board, and as the funds train up cohorts of future directors.
September 2023
NAB chairman says bonuses could be linked to climate
Phil Chronican is open to linking executive pay to hitting the bank’s net zero target, but is still looking for the right, robust measurement.
August 2023
‘Hard economic truths’ in the carbon shift
Heavy reliance on carbon-laden exports are making Australia complacent to the challenge of a net-zero world, says the National Australia Bank chairman Philip Chronican.
December 2022
NAB’s approach to managing bad debts has matured: chairman
Phil Chronican says the bank has got better at helping customers through a downturn as CEO Ross McEwan says an economic slowdown is inevitable.
July 2022
Smith-Gander warns boards to shape up on climate risks
Business leader Diane Smith-Gander has cautioned a lack of board diversity may hinder directors’ ability to oversee climate-related risks.
July 2022
‘Mind-bogglingly large’: Phil Chronican on the cost of transition
NAB chairman Phil Chronican is releasing research into Australia’s investment outlook over the next three decades, likening it to a speeded-up Industrial Revolution.
Emissions target will drive a green lending boom, says Phil Chronican
NAB’s chairman reckons $20 trillion of investments in the economy will need to be repurposed towards low-carbon technologies by 2050.
NAB, Westpac bosses wade into divisive energy debate
Australian banks are ready and willing to lend billions of dollars to make the energy transition happen. But they want bipartisan political support and policy certainty.
November 2021
James Spenceley still learning to cope with negative feedback
Spenceley has found the part of this story he finds psychologically safe to engage with.
April 2021
Why the budget is likely to disappoint business
Bosses want a 20 per cent investment allowance to boost capital investment, but this is unlikely to gain traction with Treasurer Josh Frydenberg.
March 2021
Jefferies analyst Brian Johnson leans into the weekend
There was Johnson on Friday night at Paddington power diner Fred’s with NAB chairman Phil Chronican.
![“I think that what we’ve learnt is that we’ll come back [economically from COVID], but we will come back in a different form,” says NAB chairman Phil Chronican.](https://static.ffx.io/images/$zoom_0.3027%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/0296ab45abca5a58890cf47e167eb41a9dfa210e)
NAB chairman warns some sectors may never recover
Companies that fail to adjust to the post-COVID economy risk losing bank funding, Phil Chronican says.
NAB chairman: boards must push executives harder
Phil Chronican says bold strategy and investment is needed from companies that want to break away from the pack in a post-pandemic world. Governments can help this in five ways.
Invest big to ‘break away from the pack’: top CEOs
Companies must reinvest in their operations and reinvent their companies more aggressively or risk squandering the advantage handed to them by Australia’s adroit management of the pandemic.
December 2020
‘We have seen in Sydney how quickly things change’: NAB chairman
NAB’s chairman Phil Chronican has told the bank’s annual meeting the health situation remains volatile but he’s confident the economic recovery will continue.
October 2020
Alan Joyce to deliver Shepherd oration
Senator Andrew Bragg has convinced Qantas boss Alan Joyce to be the first Tony Shepherd orator not to be Tony Shepherd himself.
June 2020
March 2020
Why grizzled retail bankers are back in vogue
As the economy veers towards recession, there's a new-found veneration for bankers who've survived – and learnt from – previous downturns.