Australia: Productivity Commission's executive remuneration enquiry

The Australian Productivity Commission began its review of the regulation of executive and director remuneration earlier this year. An issues paper was published in April and comments invited. The deadline for doing so has passed and submissions have now been published. The Commission's draft report is expected in September (register here to be informed when it is published). Meanwhile, the Commission's chairman, Gary Banks AO, provided a very informative update and overview of the issues earlier this month when he spoke at an event organised by the Financial Services Institute of Australasia.