Banking royal commission interim report highlights greed and unethical behaviour, says Governance Institute
The highly anticipated interim report from the banking royal commission has been released.
Governance Institute believes Michelle Guthrie's controversial departure as managing director and the subsequent resignation of Justin Milne as ABC chairman highlights the importance of clearly defining and separating the responsibilities of board and management.
The Federal Government’s planned Director Identification Number (DIN) — a unique identifier that provides a complete view of a director’s companies as a way of deterring illegal phoenix activity — should be expanded to also cover company secretaries.
Governance Institute of Australia has called for the terms of reference of the royal commission into aged care to include a review of the current state and adequacy of the governance and risk management frameworks in a letter to the Honourable Ken Wyatt AM, MP Minister for Senior Australians and Aged Care.
Governance Institute of Australia welcomes the aged care royal commission as issues — non-compliance and care failures for our most vulnerable — unearthed by ABC’s Four Corners this week could continue as demographic trends place even more pressure on the sector’s affordability and sustainability.