Australia: Corporate Governance

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Article
Dividend Payments - Key Issues For Australian Company Directors
Dividends are a common way for companies to distribute value to shareholders, but whether to declare or pay a dividend is not simply a commercial decision. Directors must ensure that any dividend complies with the Corporations Act 2001 (Cth) (Corporations Act), the company’s constitution and relevant governance requirements, while considering their duties to the company and its creditors.
Australia Commercial
BP
Bartier Perry
Article
Stepping-Stone Claims: The Next Wave Of Director Liability In Australia
Australian directors face a new frontier of personal liability through "stepping-stone" claims, where shareholders use a company's regulatory breach as the foundation to pursue directors for failing to prevent corporate wrongdoing. This emerging litigation strategy, backed by well-funded private litigants, threatens to expose directors to penalties worth tens of millions of dollars, fundamentally reshaping the risk landscape for corporate governance in Australia.
Australia Commercial
PA
Piper Alderman
Podcast
Cross Examining Cyber EP25: Cross Examining Anne Templeman-Jones (Podcast)
Anne Templeman-Jones, one of Australia's most accomplished business leaders and non-executive directors, shares insights from her extensive boardroom experience on navigating emerging technology risks, cyber resilience, and balancing governance with innovation. Drawing on her career spanning multiple industries including Commonwealth Bank, GUD Holdings, Worley Limited, and Blackmores, Anne reflects on what makes an effective director in an increasingly uncertain digital environment.
Australia Technology
KL
Herbert Smith Freehills Kramer LLP
Article
Some Lessons From The Humm Situation
When a takeover proposal is received, the board must rigorously assess whether any director has a personal interest that could be affected by the outcome of the proposal. If there is any reasonable perception of a lack of independence — even if the director believes they can act impartially — that director should be excluded from the board's consideration of the matter and an independent board committee should be formed.
Australia Commercial
KL
Herbert Smith Freehills Kramer LLP
Podcast
Essential ESG: Episode 30 – Navigating Australia’s Mandatory Climate Reporting Regime (Podcast)
Partners Sophie Parr, Anna White and Kate Gill-Herdman examine Australia's mandatory climate reporting regime, exploring the practical challenges faced by Group 1 reporters in their first reporting cycle. The discussion covers directors' duties, ASIC's early observations on reporting quality, and the heightened greenwashing risks arising from inconsistencies between sustainability reports and financial statements.
Australia Commercial
CC
Corrs Chambers Westgarth
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