NewsBite

Activist shareholders

Advertisement
The Macquarie headquarters in Sydney.

Macquarie’s day of reckoning: Millionaires’ factory shareholders draw the line

In a humiliating first strike, management has been reminded that in achieving its objectives, executives also need to colour within the lines.

  • Elizabeth Knight

Latest

Sonja Boric, is helping her family member (a man in his late 60s) navigate a difficult legal process. She says that she knows the heartbreak of investing with Lion and her family member will likely have to return to work after losing his life savings.

Investors win court fight to wind up Lion Property Group as lawyers drop cash-strapped developer

A court has appointed liquidators to the group after it failed to provide its books and records for a promised audit and ran out of cash to pay its lawyers.

  • Sarah Danckert
xx

‘Conditions are favourable’: NAB chief sees economy in good shape ahead of rate cuts

National Australia Bank chief executive Andrew Irvine says the nation’s economy is in “reasonable shape” and he’s optimistic about trading conditions in 2025 as interest rates decline. 

  • Daniel Lo Surdo
Who is holding companies to account?

From endangered fish to price gouging: What will boards cop this AGM season

While 2023 was a vintage year for governance issues, with Qantas the lightning rod for shareholder anger, investors will have plenty of targets this year.

  • Elizabeth Knight
Glencore has shelved plans to spin off its coal unit to keep reaping profits from the dirtiest fossil fuel.

Coal is cash, but not even activists wanted Glencore to exit its dirty business

Glencore has scrapped plans to spin off its coal business, with an unlikely coalition of investors and activists all opposed to the plan.

  • Stephen Bartholomeusz
Exxon Mobil seeks to dump activist resolutions.

Exxon’s battle against climate activism comes to a head tonight

The future of climate-related shareholder activism may be at stake when Exxon shareholders meet for the company’s annual general meeting overnight.

  • Stephen Bartholomeusz
Advertisement
Render of the $1.2 billion Victoria Cross Station tower at North Sydney being developed by Lendlease.

Why this property giant’s shareholders staged a strategy coup

The hulking-out of Lendlease shareholders not only demonstrates just how aggrieved they were, but it is also a reminder that investors are the owners and in theory the board works for them.

  • Elizabeth Knight
LendLease developments in Melbourne .

Lendlease investors to demand answers at Monday showdown

Embattled chief executive Tony Lombardo will outline the global property giant’s direction, with investors bracing for a barrage of changes.

  • Carolyn Cummins and Simon Johanson
Richard Goyder speaking to Woodside’s annual general meeting in Perth on Wednesday.

Why Goyder survived even though his climate plan was panned

For large investors such as pension and superannuation funds, a vote against what climate activists and experts and some shareholders believe is a vague and feeble plan to reduce emissions in line with the Paris Agreement is a no-brainer.

  • Elizabeth Knight
Woodside's Karratha gas plant.

Biggest climate revolt rocks Woodside as investors turn up heat on emissions

Australia’s largest oil and gas company has been hit with an unprecedented investor uprising demanding greater action on climate change.

  • Nick Toscano and Peter Milne

Original URL: https://www.theage.com.au/topic/activist-shareholders-1mt6