February
WiseTech must find new independent directors or risk ASX suspension
The fine print of the bourse’s corporate governance principles shows Richard White and the remaining board members are in a rather urgent pickle.
This banker email shows Dutton is right on ESG going too far
A construction company received a 37-point compliance list before funding would be considered, in addition to the standard credit application.
Internal files show Rio had early warning of Oyu Tolgoi blowouts
The mining giant held an “urgent” crisis meeting into a nine-month delay on its copper project in the same week it told investors it on was on schedule.
Banks must hold firm on net zero
Macquarie’s decision to exit the Net Zero Banking Alliance risks its bottom line and leaves its carefully built reputation as a green bank in tatters.
January
Has Trump killed DEI? Davos might have the answer
The World Economic Forum summit, where the liberal cosmopolitan elite gathers to network and self-congratulate, will be an early litmus test for Trump 2.0.
December 2024
ANZ risk boss fed up with bank leaks
Executives are cracking down on would-be informants before the bank’s AGM as the board hopes to convince investors it has been tough enough on cultural failings.
Manhattan murder frightens executives everywhere
Many companies view investor meetings such as the one that the UnitedHealthcare boss was walking to as security risks because they are highly publicised.
October 2024
Everything we know (so far) about how banks and insurers are using AI
It has been two years since ChatGPT burst onto the stage – and artificial intelligence is becoming more complex. An ASIC survey sheds more light on the future.
March 2024
Keep AI on a tight leash or embed bias, experts say
AI’s potential to reinforce discrimination is one of its most worrying effects. New regulations aim to keep the powerful technology in check.
Why we need an Australian Institute for Applied Ethics
Capitalism depends on government to provide a trusted framework of rules around it. But when politics turns into reality TV, we must ask the ethical questions ourselves.
February 2024
AI should do what humans can’t, not what we want
The best deployments of AI are helping us discover solutions to big problems and work smarter, without taking the humanity out of creativity or selling junk.
Chaney, McManus, Pocock back $30m push for ethics institute
Leading business figures, union leaders, politicians and academics want the federal government to help establish a national ethics institute.
Corporate political activism undermines democracy
Progressive Australians may cheer the do-good business leader when they agree with the desired outcome. But what if corporations choose to champion causes we abhor?
January 2024
Qantas poaches incoming Optus corporate affairs chief
Danielle Keighery was to start at the embattled telecommunications group next month. Instead, the former Crown Resorts executive will start at the airline.
December 2023
CBA’s Matt Comyn loses his right-hand man, the meticulous David Cohen
Over 15 years at the bank, David Cohen has seen it all. On his retirement, he provides a potted history of CBA’s numerous troubles and its transformation.
Recreating dead actors with AI does not make for a wonderful life
It may seem harmless to recreate Jimmy Stewart’s voice for a wellness app, but it is the start of a slippery slope that doesn’t end well for humanity.
November 2023
Australian AI star plans US shift as battle for humanity heats up
Start-up Akin has been struggling to close its $US50 million funding round, while staying true to its goal of building an ethical AI.
October 2023
Business leaders won’t back down from Voice support
After heavy criticism for the role played by big business in the Yes campaign, employers and directors say they will still keep publicly supporting good causes.
September 2023
An open letter from PwC Australia CEO Kevin Burrowes
“We are deeply sorry for that behaviour and the culture that allowed it to go unchecked for many years.”
Why companies should maximise shareholder welfare
Qantas and Tim Gurner show why we need a new theory about corporate managers focusing on the interests of all stakeholders, while maintaining the primacy of creating value for company owners.