Australia should follow the lead of the United States in requiring public companies to disclose how much their CEO makes each year directly compared to an “average” rank and file employee.
Major multinational oil and gas companies are looking to expand in Papua New Guinea, taking advantage of the country’s low production costs, despite a global oversupply and slump in energy prices.
The high-profile directors of collapsed stockbroker BBY, Ken Rosewall and his son Glenn, will take the stand during a much anticipated liquidators hearing which begins today in Sydney.
With Glenn Stevens all but gone, a new clique is about to assume control at the Reserve Bank – a cabal of MIT alumni.
By Peter Ryan
The current head of Australia’s Foreign Investment Review Board takes on a concurrent role with the Asian branch of a global private equity buyout firm.