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Governance

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Greg O’Shea, who is a director of transport and logistics company Austrans, which collapsed with debts of more than $116 million.

Heir’s lavish lifestyle continues as his business empire crashes down around him

A family-owned freight empire has collapsed with debts of more than $116 million, as the liquidator and creditors accuse its high-flying director of repeated breaches of his duties. 

  • Cameron Houston

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WiseTech Global’s founder Richard White.

Slapped with a feather: Richard White misled the board, but keeps the top job

There was no plank walking for this human headline/inappropriate social media lothario. The lack of punishment would be unthinkable in most large Australian listed companies.

  • Elizabeth Knight
ASIC chair Joe Longo.

Corporate watchdog wants Australian boards to do better

ASIC chair Joe Longo wants Australian companies to improve the overall quality of their boards, amid ongoing discussions in corporate Australia on the role of diversity policies.

  • Sumeyya Ilanbey
APRA chairman John Lonsdale has put the boards of banks, insurers and superannuation funds on notice.

Ten years is enough: Regulator puts long-serving directors on notice

The APRA is set to call time on long-serving, incompetent and conflicted directors under a planned major shake-up of standards at banks, insurers and super funds.

  • Sumeyya Ilanbey
Sarah Court

This tough corporate cop has seen it all, but even she is astounded by the scale of business misconduct

ASIC deputy chair Sarah Court is vowing to turn a blowtorch on corporate Australia so people have “some control over where their money goes”.

  • Sumeyya Ilanbey
Caroline Heidemann, former WiseTech employee and Richard White 

Richard White’s accuser seeks special arrangement to fight her case

The woman who has accused WiseTech Global’s chairman of providing her with a visa in return for sex has been assisted by lawyers at Anti-Slavery Australia.

  • Max Mason and Kate McClymont
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WiseTech Global’s founder Richard White.

Corporate cop eyes WiseTech as billionaire White retakes control

ASIC says it is making preliminary inquiries into WiseTech after a boardroom implosion and allegations against founder Richard White.

  • Kate McClymont and Colin Kruger
Never mind the allegations: Richard White just got promoted.

Richard White has cast corporate governance back to the dark ages

If the bosses of BHP or the Commonwealth Bank were accused of bullying or branded “LinkedIn lechers”, they wouldn’t have a job. WiseTech’s Richard White, however, gets promoted.

  • Elizabeth Knight
Richard White with his wife, Zena Nasser. The pair married in the US in 2024.

It was billionaire v the board at WiseTech. Guess who won

The software giant’s board exodus is a clear demonstration that money trumps optics. Key man risk doesn’t come any riskier than Richard White - but he and his allies call the shots.

  • Elizabeth Knight
Super Retail Group chief executive Anthony Heraghty.

Retail giant’s handling of alleged affair sent whistleblower to federal minister

The disclosure sparked drastic action from the corporate watchdog to investigate conduct at the Super Retail Group over a claimed affair between the chief executive and a staff member.

  • Nick McKenzie and Max Mason

Original URL: https://www.smh.com.au/topic/corporate-governance-1m02