Company boards are stacked with friends of friends. So how can we expect change?

Company boards are stacked with friends of friends. So how can we expect change?

Updated May 04, 2018 15:33:47 Photo: Closed social networks are the primary means of identifying new board members. (Flickr: Guiseppe Milo) Related Story: ASX proposes tougher governance guidelines Related Story: How ‘problem finding’ can help corporate boards avoid failures Social connections drive board appointments and more than two-thirds of directors …

Bank regulator relaxes lending ‘speed limit’ as boards made more accountable for loan standards

Bank regulator relaxes lending ‘speed limit’ as boards made more accountable for loan standards

Posted April 26, 2018 12:10:14 Photo: Investor credit growth limits are “redundant”, says one analyst (ABC News: Stephen Letts) Despite conceding that risks in the property market remain “heightened”, the key bank regulator will remove the speed limit on investor lending. Key points: APRA is targeting the quality of home …

Glass ceiling cracking as men get used to the ‘shock’ of having women on company boards

Glass ceiling cracking as men get used to the ‘shock’ of having women on company boards

Posted April 13, 2018 07:36:34 There is evidence of a widening crack in Australia’s glass ceiling. Figures released today by the Australian Institute of Company Directors (AICD) show that, in the first three months of this year, more women than men were appointed to ASX 200 boards. AICD, The 30 …