Daily Dispatches: Macquarie delays pay reform
Macquarie has deferred proposed reforms to remuneration arrangements for senior employees and executive directors. The changes, which were to be put to shareholders at its annual general meeting, have been deferred due to Federal Government plans to alter the taxation of employee share schemes. (Sydney Morning Herald)
On the first day of the Productivity Commission's public hearings yesterday, the panel discussed the huge payouts made to bosses of the failed investment group Babcock & Brown. (The Age)
Refusal to cap bankers' pay leads to Senate defeat for Government. (Daily Telegraph)
Senators seek new banking regulations. (Herald Sun)
It's not so bad in Aussie private equity. (Investor Daily)
