Policy

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AICD queries changes to best interests super duty – submission to Senate Economics Legislation Commi...

The AICD has made a submission to the Senate Economics Legislation Committee which is examining the Federal Government’s Treasury Laws Amendment (Your Future, Your Super) Bill 2021. The AICD confined ...

AICD Submission – ACNC financial reporting threshold

The AICD has made a submission to the ACNC supporting an increase to reporting thresholds for ACNC-registered charities. This would reduce compliance costs for some charities who might no longer have ...

AICD submission on Modernising Business Communications

On 26 February 2021, the AICD lodged a submission on the Modernising Business Communications consultation aimed at improving the technology neutrality of Treasury’s portfolio laws.

AICD supports permanent changes to continuous disclosure laws - submission to Senate committee

The AICD strongly supports permanent changes to Australia’s continuous disclosure laws introduced by the Bill in line with Corporations (Coronavirus Economic Response) Determination (No. 2) 2020 (Cth)...

AICD expresses significant concerns with changes to ACNC Governance Standards relating to unlawful a...

On 12 February, the AICD lodged a submission with Treasury on the Government’s proposal to expand the scope of ACNC Governance Standard 3 by adding that registered charities are not entitled to remain...

APRA looking to finalise its new remuneration framework

In response to the Banking Royal Commission, APRA put out a draft prudential standard that would have required boards to individually approve remuneration for certain highly paid material risk takers ...

AICD expresses concern over proposed changes to Best Interest duty in superannuation

The AICD has lodged a response with the Federal Government over its Exposure Draft of legislation seeking to change the best interest duty for directors and trustees of superannuation funds.

AICD supports establishment of Sustainability Standards Board

The AICD has lodged a submission with the IFRS foundation supporting in principle its aim to create a set of a global set of internationally recognised sustainability reporting requirements, supportin...

AICD endorses major changes to governance in Aged Care

The AICD has lodged a Response to Counsel Assisting’s submission to the Royal Commission into Aged Care Quality and Safety.

Virtual Annual General Meetings (AGMs)

On 4 November 2020, the AICD wrote to the Hon Josh Frydenberg MP, Treasurer, outlining support for modernisation of Corporations Act requirements on member meetings.
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