Search Results

Showing 71 - 80 of 84 results for "payments"

Publish What You Pay campaigns for payments transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
... environmental organisations, is pressing for regulatory changes that will cause oil, gas and mining companies to disclose payments made to governments in the countries in which they operate. Launched in June 2011, PWYP Australia is campaigning on two ...

Leightons under investigation over payment disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2012  |  NEWS
The Australian Federal Police (AFP) are investigating Leighton Holdings over payments that may have been made by a subsidiary company "in connection with work to expand offshore loading facilities for Iraq's crude oil exports." But Duncan Paterson ...

ESG investment analysis - answering the "so-what" question

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2012  |  NEWS
... Australia in line with global best practice. I am not sure that the listing rules review is considering the transparency of payments, but there's an opportunity there." On the social side, the issue of human rights risks is engendering debate, but again ...

KPMG: companies should review anti-corruption policies

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 JAN 2012  |  NEWS
... need to review their anti-corruption and anti-bribery policies if the Australian government removes the "facilitation payments" defence from laws. David Luijerink, KPMG forensic partner In November, the government released a consultation paper discussing ...

Optus CR discloses responsible marketing, customer service

RACHEL ALEMBAKIS  |  FRIDAY, 23 DEC 2011  |  NEWS
... (TIO) increased 2% from July 2009 to June 2010, a decline when measured per 10,000 customers, Optus said. Billing and payments continue to be the issues most commonly cited. The company said that they achieved an 87.7% Voice of the Customer score. The ...

Mirvac identifies 22 material sustainability issues

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2011  |  NEWS
... potential impact on Mirvac's business. Biodiverity, tenant expectations, retail customer behavior, executive remuneration and payments transparency were among the issues given a lower ranking as current or potential impact. "The issues were categorised ...

Australia to pilot Extractive Industries Transparency Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2011  |  NEWS
... resource-rich countries and those countries governance structures through the full publication and verification of company payments and government revenues from oil, gas, and mining. Under the EITI pilot, Australia will assess the transparency of its ...

75% of ASX100 exposed to corruption in high-risk countries

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2011  |  NEWS
... high-risk for corruption, but 40% of those companies have no publicly stated policy that prohibits bribery or facilitation payments. "Given the clear increase in exposure and the increased scrutiny and penalties imposed, investors should be concerned ...

AWE reports lower GHG emissions, underlying loss for 2011FY

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 OCT 2011  |  NEWS
... operating cashflow after tax was AU$140m for the 2011 financial year, up 61% on the prior year, "partly due to lower tax payments in New Zealand." "The company reported a statutory loss for the year of AU$117.6m," AWE said in its annual report. "This ...

Companies increasing remuneration report transparency

RACHEL ALEMBAKIS  |  FRIDAY, 9 SEP 2011  |  NEWS
... accounting-based, or allowing too many opportunities for re-testing. AMP Capital also raised concerns about "excessive termination payments (both actual and potential) that were made to some departing senior executives - particularly as actual payments ...