On 1 July after twenty years on the Board, I resigned as an independent Director from the Stadium Australia Management Board after the NSW government bought out the management rights for an undisclosed sum.
Speech delivered to the opening session of the 2016 ASFA conference held in the Gold Coast Convention Centre, 9-11 November 2016.
Speech at the opening on 18 November 2015 of the Association of Superannuation Funds of Australia (ASFA) annual conference at the Convention Centre, Brisbane.
Fund managers and their fees are under the spotlight as a result of the economic crisis. Although fees have always been a sensitive issue at the best of times, they are inevitably more contentious in an environment where negative returns are prevalent.
When he colourfully described some fund managers as ‘donkeys’, the then Prime Minister, Mr Keating, was popularising a critique of the invisible managers of funds, who have lost their elevated mandarin status as their performance has come under greater scrutiny.
Speech given in December 1993 to the Second Annual Micro-Economic Reform Conference, sponsored by the Business Council of Australia, published in the Business Council Bulletin, January/February 1994, pp. 32-37.
At the November 1986 ACTU Special Unions Conference the investment policies of superannuation funds came under scrutiny. A policy concerning the utility of current trends and practices was adopted by this Conference.