It was supposed to help clean up the world’s waterways. Instead,the one-time market darling fell apart amid allegations of bribery and mismanagement.
With Jo Wright’s simple probe,she epitomised the disparity between working-class and corporate Australia.
Secret documents reveal an ASX-listed company’s legal advisers recommended an overhaul of its anti-corruption processes in the wake of a controversial payment.
Niru Gosavi left Melbourne Water under a cloud last month,with investigators looking into whether he declared a serious conflict of interest over construction contracts.
Term rules exist for sound reasons,and bending them for individual circumstances sets a worrying precedent.
Directors could be personally liable for failing to consider risks caused by a company’s impact on the natural environment,according to legal advice commissioned by climate change advisory firm.
The pushback from large shareholders against executive pay packets reflects the general poor quality of Australian boards.
If Telstra is the warm-up for the big Qantas AGM event next month,chairman Richard Goyder will be bracing for impact.
Everyone in the real world who had not been drinking the Kool-Aid at Mascot knew Goyder would be nudged to the departure lounge early.
Qantas has committed to rejig its board and impose a three-year tenure limit for directors as it seeks to restore trust with the public.
A KPMG survey of more than 1300 chief executives shows the majority expect workers to end up in the office full-time as business conditions normalise.