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Showing 51 - 60 of 84 results for "payments"

Australian companies still lag on anti-corruption policies

RACHEL ALEMBAKIS  |  FRIDAY, 10 OCT 2014  |  NEWS
... business." Australia has been criticised for its lack of enforcement of bribery laws, and for not having banned facilitation payments. However, Australian companies are still exposed to legal risk through international business. Both the US and UK have ...

ACSI: CEO pay, termination pay drop for FY13

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
... that the media fixed pay for an ASX100 CEO was AU$1.83 million in FY2013, down from AU$1.95 million in FY12. Termination payments to CEOs have also shrunk by close to 70% over the past five years. The median termination payout to CEOs was AU$1.3 million ...

Push to focus on tax reform, transparency as part of G20

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUN 2014  |  NEWS
... the G20 could support moves to increase domestic revenue in developing countries would be to support disclosure of tax payments made by multinational corporations on a country-by-country basis, and for extractive industry companies to disclose payments ...

SVA provides $800,000 financing to Indigenous company

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 APR 2014  |  NEWS
... the biggest risk.... We want to see them get to a suitable standard where they're managing the finance, the contract payments are coming through and they're in a comfortable position." Doyle said this was a valuable part of the package for Iman Operations ...

Push continues for Australia to adopt mining payment regime

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
... Stephen Harper's June 2013 announcement that Canada would adopt a G8 initiative requiring mining companies to disclose payments it makes to governments. Canada's Natural Resources Minister, Joe Oliver, said in a statement last week that the government ...

Companies face uncertainty from timing of carbon tax repeal

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
... seek to use its powers to require companies to reduce their prices in the future to compensate customers for previous payments made that include provision for costs associated with this ultimately unrealised liability, or to require the refund of such ...

Publish What You Pay to take case to new government

RACHEL ALEMBAKIS  |  FRIDAY, 20 SEP 2013  |  NEWS
... legislation we wish to see in Australia when it comes to payment disclosure, and Canada has announced that they will bring in payments disclosure." Earlier this year, the European Parliament voted in favour of a new Transparency and Accounting Directive. ...

Companies lag on implementing UN Global Compact

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
... bribery certification", 13% reported engaging in collective action and 22% reported recording instances of facilitation payments and gifts. In human right, 72% said a human rights policy was within the overall code and 53% said it was within supplier ...

Corporate governance guidelines on agenda ahead of AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... the company; the payment of dividends to executives on unvested - and therefore unearned -incentive shares; retention payments made without a clear, or robust, rationale; termination payments that provide reward for mediocre performance, or failure ...

Bush Heritage Australia fund pays farmers for conservation

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUL 2013  |  NEWS
... period of 10 years, according to Bush Heritage Australia. The stewardship agreements will then make annual performance payments for meeting conservation targets, with the intention to roll over for five-year terms. Landowners will also receive conservation ...