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AGM season


AGL chairman Michael Fraser (l) and CEO Adam Watson at the AGM in Sydney on Thursday.

APA suffers protest vote on pay as chairman warns on climate targets

Michael Fraser said energy policies need to be “realistic” to avoid losing public support for the transition as prices rise and the lights go out.

  • 12 mins ago
  • Angela Macdonald-Smith
Woolworths new chairman Scott Perkins told Roger Corbett he expects better performance from Endeavour Group, where the retailer controls a 9.1 per cent stake.

Corbett makes surprise Woolworths AGM appearance, critiques chairman

The company’s former chief executive questioned why the board had ‘chosen to support the status quo’ at Endeavour, where it is the second-largest investor.

  • 39 mins ago
  • Carrie LaFrenz
Terry Smart, CEO of JB Hi-Fi, says in a tougher retail trading environment, strong retail execution is vital.

JB Hi-Fi first-quarter sales fall; Good Guys tumbles

The retailer is well positioned in a tougher trading environment, CEO Terry Smart told investors at the AGM .

  • Carrie LaFrenz and Simon Evans


Tabcorp received its first remuneration strike since 2018.

Tabcorp hit with strike over ‘excessive’ pay

It is the first strike against Tabcorp’s remuneration report since 2018.

  • Zoe Samios

This Month

Dan Murphy’s is in the eye of the storm as the Endeavour board stoush escalates.

Mathieson piles heat on Endeavour chairman to step down

‘I am not going to sit by and watch this great company fail due to poor leadership,’ says billionaire pubs owner.

  • Updated
  • Carrie LaFrenz and Simon Evans
Redbubble chief executive Martin Hosking said his next goal is profitable revenue growth.

Chastened Redbubble avoids second strike

Shareholders voted in favour of Redbubble’s remuneration report and backed the current board, at the expense of self-styled activist Michael McConnell.

  • Tess Bennett
Bendigo Bank said it will pursue organic growth in Queensland.

New Bendigo chairman not giving up on Queensland dream

David Foster, a former boss of Suncorp Bank, has taken the chairman’s seat at Bendigo and Adelaide Bank, and remains keen to grow in regional Queensland.

  • James Eyers
Roger Corbett ran Woolworths as it grew its liquor retailing business.

Roger Corbett says Endeavour chairman must go

The former Woolworths CEO says Peter Hearl should quit the board, even if Bill Wavish, is unsuccessful.

  • Carrie LaFrenz and Simon Evans

Whitehaven flirts with strike after BHP deal ‘gamble’

A US institutional investor has joined activist fund Bell Rock’s campaign to give the Whitehaven board a black eye at Thursday’s AGM.

  • Paul Smith
Chief executive Martin Hosking has urged shareholders not to elect Mr McConnell to the board.

Activist wins proxy support in battle over Redbubble seat

A retired activist investor seeking a seat on Redbubble’s board has been endorsed by two proxy firms.

  • Tess Bennett
David Thodey will face demands from RHC shareholders to focus on Australian operations.

Why Ramsay investors want Thodey to split it up

David Thodey is a potential catalyst for change at Ramsay Health Care. Will he make it happen?

  • Updated
  • Anthony Macdonald
CEO of Nick Scali Anthony Scali 
 and chairman John Ingram at the AGM on Thursday.

Nick Scali shares climb on AGM update

The retailer joined Beacon Lighting in reporting improving trading momentum in a market where shoppers have largely been shunning bigger ticket items.

  • Carrie LaFrenz

ASX board narrowly avoids second strike, chairman re-elected

ASX receives heavy protest vote against its remuneration report, missing a second strike by just 4 per cent. Damian Roche re-elected as chairman for last term.

  • James Eyers
Michelle Jablko has succeeded Scott Charlton as Transurban’s CEO.

New Transurban boss Michelle Jablko wants to reward drivers

The CEO plans to offer incentives such as car hire and car wash discounts for users of the toll road group’s Linkt accounts to encourage motorists to keep paying for its roads.

  • Jenny Wiggins
Billionaire Bruce Mathieson is livid with what he says is the abysmal performance of the hotel, pokies and retail liquor group Endeavour.

Activist who? Whitehaven, Endeavour show you can fight back

Cranky shareholders may be firing up activist campaigns, but they are no sure thing.

  • Anthony Macdonald
Bill Wavish’s bid to join the Endeavour Group board will be put to a vote at the annual general meeting.

Bill Wavish slams proxy firm CGI Glass Lewis over Endeavour report

In a letter to shareholders, the directorship candidate says the report makes unfair representations about his past executive and board career.

  • Carrie LaFrenz and Simon Evans
Origin chairman Scott Perkins addresses the annual shareholder meeting in Sydney on Wednesday.

Cranky Origin shareholders grill chairman on bid price

Dissatisfaction with the $18.7 billion takeover offer price has spilt over to small shareholders, who grilled chairman Scott Perkins at the AGM in Sydney.

  • Updated
  • Angela Macdonald-Smith
The ASA and ISS are only providing qualified support for the re-election of ASX chairman Damian Roche on Thursday.

ASA calls for ASX chairman to step down within a year

The Australian Shareholders Association wants ASX chairman Damian Roche to commit to a succession plan and threatens to vote against his re-election at the AGM.

  • James Eyers

Magellan activist to vote against John Eales as director

Activist investor Sandon Capital says it will vote against the re-election of director John Eales at the fund manager’s annual general meeting, citing the group’s pay policies.

  • James Thomson
New Telstra director Maxine Brenner has been on the Qantas board for a decade

New Telstra director Maxine Brenner hit with 17pc protest vote

Chairman John Mullen refused at the AGM to answer questions about Ms Brenner’s ability after concerns were raised over her tenure on the board of Qantas Airways.

  • Jenny Wiggins