Activist shareholders
Opinion
Opinion
Why Goyder survived even though his climate plan was panned
For large investors such as pension and superannuation funds, a vote against what climate activists and experts and some shareholders believe is a vague and feeble plan to reduce emissions in line with the Paris Agreement is a no-brainer.
- by Elizabeth Knight
Latest
Biggest climate revolt rocks Woodside as investors turn up heat on emissions
Australia’s largest oil and gas company has been hit with an unprecedented investor uprising demanding greater action on climate change.
- by Nick Toscano and Peter Milne
Opinion
For subscribers
Qantas baggage haunts under-pressure Goyder at Woodside
After chairing Qantas during a period when it fell from grace, Richard Goyder is under intense pressure for the second time in less than a year.
- by Elizabeth Knight
Push to remove Goyder as Woodside faces investor climate heat
Australia’s largest oil and gas company is at risk of facing an investor backlash over its response to climate change at an upcoming shareholder vote.
- by Nick Toscano
Opinion
Lendlease
Why investors want to tear down this corporate giant
Lendlease, the company that built Barangaroo in Sydney and the Melbourne Quarter, “is a plaything”, says activist shareholder John Wylie.
- by Elizabeth Knight
Opinion
Executive pay
Warning: Big super wants changes boards won’t like
It is not exactly open warfare, but the country’s biggest industry super funds are flexing the muscles that are constantly pumped up by growth in funds under management.
- by Elizabeth Knight
Murdoch under pressure from US hedge fund to break up his media empire
Starboard Value, which is run by “the most feared man in corporate America”, has built a stake in News Corp and calls for a spin-off of REA Group, its Australian real estate division.
- by James Warrington
Opinion
For subscribers
Why Woodside shareholders are rich but not happy
Conscience is trumping returns at Woodside Petroleum as shareholders demand clarity on climate action.
- by Elizabeth Knight
Opinion
AGL Energy
AGL chairman fires up to avoid becoming Cannon-Brookes’ fodder
AGL sits in an uncomfortable position where the board, led by Patricia McKenzie, is technically in control but Michael Cannon-Brookes’ Grok appears to be in de facto charge.
- by Elizabeth Knight
Exclusive
Kylea Tink
‘Change from within’: Climate independent MP defends fossil fuel shares
Teal independent and MP for North Sydney Kylea Tink says she purchased “small shareholdings” in two fossil fuel companies to understand them better.
- by Michael Koziol
What next for AGL after demerger plan goes up in smoke?
AGL says it will conduct a “strategic review” and has announced a “renewal” of its leadership after abandoning a controversial plan to split the company in two.
- by Jackson Graham