AGM season
Resign or I’ll call an EGM: Mathieson threatens Endeavour chairman after Wavish defeat
Endeavour chairman Peter Hearl was forced to defend the company’s leadership and share price performance, as well as a prolonged attack from former Woolworths chief Roger Corbett.
- by Jessica Yun
Latest
Qantas crisis puts social licence back on corporate agenda
The royal commission into financial services and Rio Tinto’s Juukan Gorge disaster in 2020 have also made social licence an important benchmark for investors.
- by Millie Muroi and Clancy Yeates
Exclusive
Voice to parliament
Investors put heat on big business over backing for Voice
Corporate giants such as Qantas, Wesfarmers, Rio Tinto and BHP have poured millions into the Yes campaign but are now facing pressure from the peak shareholders’ body.
- by Paul Sakkal
Woodside faces investor revolt over climate concerns
Woodside Energy faces another investor revolt at its annual meeting next week with board member Ian Macfarlane facing a backlash over climate concerns.
- by Colin Kruger
Activists lodge complaint over ANZ climate comments
Environmental group Market Forces has lodged a complaint with the corporate watchdog alleging ANZ Bank misled its investors in its description of a shareholder resolution on climate change.
- by Clancy Yeates
Seven billionaire Kerry Stokes blasts ‘scumbag journalists’ over Roberts-Smith coverage
The billionaire said Ben Roberts-Smith, who is still an employee of Seven, was innocent and deserved legal representation.
- by Billie Eder and Zoe Samios
‘Not factual’: Nine boss shuts down Stan sale rumours
In an interview with journalists after Nine’s annual general meeting, Mike Sneesby said the opportunity for advertising on streaming service in Australia was “minimal”.
- by Zoe Samios
Property market’s spring selling season subdued due to inflation, interest rate concerns
Domain and REA Group have both warned that surging inflation and rising interest rates have led to a slowdown in the residential property market.
- by Zoe Samios
Qantas’ multimillion dollar bonuses hit turbulence ahead of AGM
Shareholders have been advised to reject a bonus scheme set to deliver a lucrative payment to CEO Alan Joyce as the airline’s performance hurdles aren’t deemed challenging enough.
- by Colin Kruger
‘We can do it again’: Magellan CEO targets $100b revival
The ailing fund manager’s CEO David George says the group can almost double its funds under management over the next five years, as the investment landscape adjusts to higher rates.
- by Colin Kruger
Updated
Telecommunications
‘We should avoid hubris’: Telstra chair defends Optus, reveals retirement plans
Telstra chairman John Mullen has announced plans to retire from his position and has come to the defence of rival Optus after its historic cyberattack.
- by Zoe Samios