May
Director Awards underline importance of greater boardroom diversity
Homogeneity undermines accountability, stifles directors’ willingness to ask management the hard questions, and causes boards to succumb to mere conformity.
Why this fundie doesn’t mind a bruising fight to boost returns
Activist investor Gabriel Radzyminski is on a tear. He’s battling the Southern Cross Austereo board, cashing in on Fleetwood and ruing his timing on City Chic.
April
Hedge fund uses ‘independent journalist’ in fight with Rio Tinto
In the battle to unify Rio’s dual-company structure – or not – the fine print is doing some heavy lifting.
AMP rates its own reputation among the worst
From Qantas to Rio Tinto to ANZ to Optus, AMP’s board must have a dire view of the company AMP keeps in terms of public standing.
Rio says Australian dividends at risk if investors back activist fund
ASX shareholders will vote on whether to force the miner to review its dual-company structure and end its primary London listing next month.
Santos CEO says he’s not going anywhere, hits out at politicians
Kevin Gallagher has denied that he is about to step down after nine years of leading Santos, and has attacked politicians over the handling of the energy transition.
ASX’s James Hardie waiver is not in the market’s best interests
The bourse has set a terrible precedent by being complicit in undermining shareholder democracy.
Rio Tinto’s agitator sneaks payment in the fine print
Who knew influencers had more transparency around sponsored content than investment researchers?
PEP dealmaker throws weight behind shareholder transparency start-up
Complete shareholder registers have historically been the purview of internal investor relations departments.
March
Influential proxy adviser backs Rio Tinto’s London-listing vote
Glass Lewis has urged investors to back a review of the company’s structure, but noted unification will favour British over Australian shareholders.
Activist shareholder group to reject Woodside directors at AGM
Former Shell Australia chair Ann Pickard and ex-WA treasurer Ben Wyatt are among the directors being opposed for re-election due to climate risks and poor returns.
Rio investor warns it faces a Brexit moment with London-listing vote
WaveStone Capital has almost $10 billion in assets under management and says a push to end the mining giant’s primary UK listing will only enrich bankers.
February
Shareholders barred from Keybridge meeting as court freezes assets
Sources say observers who showed up in person were also prevented from entering.
Nicholas Bolton’s Keybridge to enter voluntary administration: sources
Melbourne accounting and advisory firm Lowe Lippmann is best placed to be appointed, sources said.
End of an era: Catalano, Bolton fall-out to give WAM the edge
Wilson, whose company has built a 45 per cent stake in Bolton’s ASX-listed investment vehicle Keybridge Capital, has been a thorn in Bolton’s side for almost a decade.
December 2024
New pipeline unlocks Beetaloo gas for NT customers in 2026
A deal signed with pipeline owner APA Group looks set to stoke controversy over the development of a massive new onshore gas resource.
Metrics moves to compulsorily acquire BNPL underdog despite objections
Shareholders have accused Metrics of “grossly underestimating” the company’s valuation, “systematically devaluing the company through sham capital raises”, “selective disclosure” and “predatory behaviour”.
November 2024
EDO to hand more than $9m to Santos after failed Barossa suit
But the oil and gas giant has been unsuccessful in forcing the taxpayer-funded, climate-focused legal service from disclosing publicly who bankrolled its suit.
Ramsay investors push for shake-up of ‘failed’ overseas expansion
The country’s largest private hospital operator is facing demands from shareholders to discard international operations and focus on its local facilities.
Most non-Murdoch News Corp investors backed failed share collapse
A bid to end the family’s ‘outsized influence’ on the company has been “convincingly” defeated, News Corp says. Most other shareholders backed it, early results suggest.