AGM season
ANZ chief Shayne Elliott to forgo $3m bonus after investor revolt
Nearly 40 per cent of the company’s shareholders voted against ANZ’s executive pay scheme at the company’s AGM on Thursday.
- by Dominic Powell
Latest
‘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.
- by Daniel Lo Surdo
‘We all get hammered’: Harvey Norman’s court battles don’t faze Gerry
The veteran retailer has slammed Australia’s legal system, and said people won’t stop shopping at Harvey Norman as it fights allegations of misleading customers.
- by Jessica Yun
Updated
Media & marketing
Murdoch family survives push to loosen its grip on News Corp
Rupert Murdoch’s News Corp said a hedge fund’s proposal to eliminate the dual-class share structure that cements his family’s control over the media group was “convincingly” defeated.
- by Colin Kruger
‘We have turned a corner’: Qantas boss says airline is winning back the hearts of customers
Vanessa Hudson tells investors at the company’s AGM that “we don’t always get it right” but the airline’s push to regain the trust of customers is succeeding.
- by Colin Kruger
‘The court will resolve the matter’: Super Retail chair clears air on legal feud
The retailer’s departing chair Sally Pitkin has admitted that settling a legal battle with two former senior executives would have been prudent but hinted the size of the claim was an issue.
- by Jessica Yun and Colin Kruger
‘Clock is ticking’: Can Allaway convince investors BOQ has turned a corner?
In an environment where Australians are starved for competition, there are questions about where BOQ fits and how it will survive.
- by Sumeyya Ilanbey
Macquarie affirms bet on green energy shift after ‘soft start’ to year
Macquarie Group boss Shemara Wikramanayake says any change in policies, including under a Trump presidency, won’t derail the long-term green energy transition.
- by Millie Muroi
Investor heavyweights failing to boot directors on climate commitments
Directors at companies failing to meet any climate commitment criteria received higher support in 2023 than those that met them, according to new research.
- by Millie Muroi
ANZ boss warns of tough economic year ahead, more customers to face financial difficulty
Shayne Elliott signalled the bank would remain “competitive but not market-leading” in its mortgage pricing as it looks to grow home loans profitably amid high inflation and interest rates.
- by Millie Muroi
NAB boss warns on housing affordability as house prices rise
NAB chief executive Ross McEwan said he expected a rebound in economic growth by the second half of next year but that the economy would continue to slow into 2024.
- by Millie Muroi
Original URL: https://www.watoday.com.au/topic/agm-season-1m01