ASX Announcements
AGM Addresses by the Chair & the Managing Director and CEO
Chairman's Address to Shareholders
- Oct 19, 2023
- 11 pages
This Month
Network Ten doesn’t want to buy Southern Cross Austereo’s TV stations
The most likely buyer for the listed media company’s 96 regional TV signals, Network Ten owner Paramount, says it doesn’t need them.
- Sam Buckingham-Jones
Ghost of Ron Brierley returns to haunt Mark Bouris
The ubiquitous businessman hosted Yellow Brick Road shareholders in Sydney, seeking approval to take the lender private. Then a figure from the past showed up.
- Mark Di Stefano
Viva underperforms on Geelong refinery troubles
Repairs were expected to be completed by the end of September, but Viva is not finding it that simple to return to full-tilt production.
- Elouise Fowler
- Opinion
- Israeli-Palestinian conflict
Why the Middle East risks exploding
Anthony Albanese arrives in Washington as the Middle East crisis threatens to destabilise the entire region with unpredictable consequences.
- Jennifer Hewett
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
ASX kicks off meetings for bond deal; three banks mandated
The exchange is in the market with a 3-year Australian dollar, senior unsecured, floating rate benchmark transaction to fund future capital expenditure.
- Sarah Thompson, Kanika Sood and Emma Rapaport
New CHESS advisory group ‘won’t be railroaded’ by ASX
Former ASIC chairman Alan Cameron said a review of ASX’s design of a new CHESS system won’t make a decision “until we have the information we need to make it”.
- James Eyers
Fidelity left holding the soiled bag
Rhythm Biosciences executive chairman Otto Buttula sold $6.5 million worth of shares last year. Since then, the stock has cratered.
- Updated
- Mark Di Stefano
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
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
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
Judo looks to get ahead of APRA with first-ever hybrid deal
Sources reckon Judo wants to get ahead of anything that would clamp down on demand for hybrids.
- Sarah Thompson, Kanika Sood and Emma Rapaport
ASX-aspirant Cuscal valued at as much as $736m: BofA
Cuscal is owned by MasterCard, Bendigo and Adelaide Bank and most of the big credit unions and is targeting an initial public offering before Christmas.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Trust talk is tiresome as ASX follows corporate recovery playbook
ASX Ltd’s response to the regulator’s findings has been predictable, and it gets expensive for investors.
- Anthony Macdonald
RBA report card cuts ASX grades on CHESS governance
The Reserve Bank has ordered ASX to “redouble its efforts” to improve risk management culture and flagged concerns about its internal audit functions.
- James Eyers
- Opinion
- Australian economy
Bullock’s predictable problem in an unpredictable world
The confusion roiling global markets won’t end, but Australia’s rental crisis is a more fundamental imbalance of supply and demand. It means the RBA governor’s job won’t get any easier.
- Jennifer Hewett
Lithium deals continue heavy metal run as stocks drop
WA mining Rich Listers Chris Ellison and Gina Rinehart are jockeying for control of lithium projects clustered around the Goldfields region of Western Australia.
- Elouise Fowler
- Opinion
- Monetary policy
Why Bullock’s first move is standing still
Michele Bullock did the expected by keeping rates on hold, but there’s nervous uncertainty about what the next move will be.
- Jennifer Hewett
Bust dental-chain hearing probes growth outlook ‘discrepancy’
Smiles Inclusive listed with hopes of expanding rapidly as a dental chain. But it failed within two years.
- Liam Walsh
September
Tax authorities visit Nuix to secure files in pre-IPO claims probe
A presentation prepared by Macquarie months before its float said the company needed to maintain a low tax rate to prevent a “negative impact on the valuation”.
- Neil Chenoweth and Jessica Sier
