The requirement that 100 signatures are necessary to produce a shareholder resolution in Australia has long been a ridiculous barrier to a proper culture of shareholder pressure. There literally hasn’t been a shareholder resolution at an Australian AGM for three years.
Australian shareholders association
The Economy: The coming intergenerational struggle
“Is the US Fed and the ECB running global monetary policy, or are we in the hands of those with little or no independence from political, in some cases undemocratic, government?” This is Henry’s editor’s question of the week.
