Behind the scenes of a decade of sharemarket scandals

Over the past 10 years, billions of dollars in shareholder capital have been destroyed in the Australian equity market as a result of unethical and poor decisions by management and boards.

Having had a front row seat to (and occasionally starring role in) a string of scandals, independent journalist Joe Aston says too often they are caused by human greed and ego, and that investors have a critical function in promoting governance.

In a candid fireside chat with Conexus Financial editor-in-chief Aleks Vickovich, Aston reflects on his 12 years helming the AFR’s notorious Rear Window column and takes listeners behind the scenes of some of the nation’s biggest corporate blow-ups.

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YFYS performance test has done its dash 

YFYS performance test has done its dash 

The Coalition’s Your Future Your Super reforms, especially the contentious performance test, deserve credit for weeding out poor-performing funds and helping instil a more cost-conscious culture in super. But the test has largely accomplished its mission and its continuation undermines the system’s global competitiveness.

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