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Tim Reed

As a nation of investors, we need transparency around proxy advice

Proxy advisors exist to demand accountability. But their own operations are the most opaque part of the governance system.

The Morrison government’s reforms to inject greater transparency and accountability around proxy advice are a common-sense step to improve confidence in the system.

More than most, Australia is a nation of investors.

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Tim Reed is the president of the Business Council of Australia.

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    Original URL: https://www.afr.com/policy/economy/as-a-nation-of-investors-we-need-transparency-around-proxy-advice-20220119-p59pf0