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What the remuneration committee should expect of their external adviser – a checklist
Section 189 of the Corporations Act, in effect, encourages directors to seek external expert opinion. With executive remuneration disclosures and rem... more
Government revisions to temporary resident superannuation plans makes Australia more welcoming to foreign executives and skilled workers
Our July 2008 Newsletter (see HERE) reported the government’s proposal to impose a requirement that superannuation accumulated by temporary residents ... more
Government clarification on employee share scheme tax changes in the budget– including changed election requirements for $1,000 tax exemption
Readers will recall that the May 2008 Federal Budget included two measures affecting the tax treatment of shares or rights acquired under employee sha... more
High CEO turnover – outside CEO recruits deliver less than insiders
The past year or so has witnessed the biggest exodus of Australian company CEOs for some time. Allco, ANZ, Aristocrat, Babcock and Brown, BHP Bi... more
Living in a land of harmony – payroll tax on employee share and option payments
When the governments of Australia agree with the principle of harmonising laws, regulations and taxes watch out, because this is not the same as choos... more
Excessive executive compensation legal action dropped
In July, New York Attorney General Andrew M. Cuomo dropped his case challenging the nearly $190 million compensation package of former New York Stock ... more
Guidelines for CEO termination and change in control payments
Termination payments for Australian executives have featured extensively in the news over the past month. But, on the whole, Australian terminat... more
Is a reminder needed to incorporate risk management into executive pay?
Long before the credit crisis we wrote that boards should take account of risk in setting incentive plan metrics.
Unfortunately some overseas banks ... more
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