News sentiment analysis powered by sentiment-insight.com
Qantas AGM LIVE updates: Airline bracing for a strike on pay report; Hudson, Goyder to speak
Qantas’ remuneration report has been rejected by all proxy advisors and a number of key investors including superannuation giant HESTA and Norges Bank. In it, the group revealed that former airline boss Alan Joyce, who led the business for 15 years, would be granted a final payout of $21.4 million. This number may increase by $2.7 million if the board decides to issue Joyce his short term incentive payment.
Heat on climate, gender at companies' annual meetings Superannuation fund HESTA has written to board chairs and CEOs of the top 300 ASX-listed companies on behalf of more than one million members, 80 per cent of whom are women. The priority areas for the fund during the upcoming 2023/24 annual general meetings (AGMs) are climate change, gender equality, decent work and curbing biodiversity loss.
Aussie investors to lobby for gender balance by 2030 Two in three investors pledge to ramp up lobbying for gender diversity in Australia's top companies. But one in three says a lack of data has hampered their efforts. The findings came from an inaugural survey for HESTA's 40:40 Vision project, designed to achieve a gender balance of 40% men, 40% women and 20% of any gender by 2030.
Client exodus from PwC Australia grows as $48 billion pension fund pauses work HESTA, one of Australia's largest pension funds, on Wednesday froze work with PricewaterhouseCoopers. It is the latest fund to blacklist the firm amid a national scandal over its misuse of confidential government tax plans. PwC has come under fire after a former tax partner shared confidential drafts with colleagues.
Client exodus from PwC Australia grows as $48 bln... HESTA, one of Australia's largest pension funds, on Wednesday froze work with PricewaterhouseCoopers (PwC) Australia. The A$72 billion ($48 billion) fund is "very concerned" and will "restrict consideration of PwC for any new or additional service provision" It is the latest fund to blacklist the firm amid a national scandal over its misuse of confidential government tax plans.
Client exodus from PwC Australia grows as $48 bln pension fund pauses work HESTA, one of Australia's largest pension funds, on Wednesday froze work with PricewaterhouseCoopers. It is the latest fund to blacklist the firm amid a national scandal over its misuse of confidential government tax plans. PwC has come under fire after a former tax partner shared confidential drafts with colleagues.
Ethical super: doing good and performing better than ‘standard’ funds Long-term performance figures show ethical superannuation options hold their own against mainstream options. HESTA’s Sustainable Growth option was the standout performer, not only among ethical options but among super funds’ mainstream offerings too.
Ethical super: doing good and performing better than ‘standard’ funds Long-term performance figures show ethical superannuation options hold their own against mainstream options. HESTA’s Sustainable Growth option was the standout performer, not only among ethical options but among super funds’ mainstream offerings too.
Greens leader Adam Bandt cheers fossil fuel stock bloodbath after climate deal with Anthony Albanese Investors dumped energy shares after Labor/Greens deal. Mr Bandt claimed credit, but it may hurt his super balance. Part of his generous, taxpayer funded 15.4 per cent superannuation payment goes to HESTA, which has $4billion invested in fossil fuel projects.
NSW Labor vows $5.8 million to expand Future Women's Jobs Academy to 1000 more women A program to help women return to or progress in the workforce will be given a $5.8 million boost if Labor wins the upcoming New South Wales election. If elected, a Minns government would make the investment in Future Women's Jobs Academy, which would allow it to expand to 1000 more women in the state. Future Women has partnered with more than 70 employers including HESTA, CyberCX, Salesforce, Nine and Microsoft.
Treasurer proposes changes to super to prioritise retirement Health industry super fund HESTA has welcomed the proposal, saying it will help women in retirement.
Sign Up
