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AGM season

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Shayne Elliott last month, as he presented ANZ’s full-year results to investors. He has been with the bank since 2009.

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.

  • Dominic Powell

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‘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
Harvey Norman executive chairman Gerry Harvey during the Harvey Norman AGM held in Olympic Park, Sydney on Wednesday.

‘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.

  • Jessica Yun
The Murdoch family, helmed by patriarch Rupert, has 41 per cent of News Corp voting shares, which cement its control over the media empire.

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.

  • Colin Kruger
Vanessa Hudson

‘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.

  • Colin Kruger
Sally Pitkin steps down as chair of Super Retail Group on Thursday, but is still facing allegations made by two former employees in a Federal Court lawsuit.

‘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.

  • Jessica Yun and Colin Kruger
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‘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.

  • Sumeyya Ilanbey
Shemara Wikramanayake is the country’s highest-paid CEO for the third year in a row.

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.

  • Millie Muroi
Market Forces chief executive Will van de Pol said the world’s biggest investment firms are failing to live up to their ‘active ownership’ claims.

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.

  • Millie Muroi
ANZ chief executive Shayne Elliott said the economic outlook for 2024 would be more challenging.

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.

  • Millie Muroi

Original URL: https://www.watoday.com.au/topic/agm-season-1m01