Friday, March 1, 2019

Women in 80 year wait for CEO parity with men, report warns

A gender study out this morning says it might take 80 years for women to achieve parity in chief executive roles that remain dominated by men. 

Research from the government's Workplace Gender Equality Agency and the Bankwest Curtin Economics Centre shows that while the pay gap is narrowing, the glass ceiling for women at the CEO level might have to wait til next century. 

Report co-author Associate Professor Rebecca Cassells speaks with ABC's Peter Ryan.

Thursday, February 28, 2019

Ita Buttrose's big challenge as ABC chair - fight the digital giants, shore up funding

ABC's Peter Ryan says incoming ABC chair Ita Buttrose is known as a tough operator as a top editor for Kerry Packer and Rupert Murdoch. 

Analysts say Ms Buttrose's first challenge will be to restore stability at the national broadcaster and to lobby for greater funding certainty in the face of cut throat digital competitors. 

Media Entertainment & Arts Alliance chief executive Paul Murphy does not question Ms Buttrose's credentials but says the bypassing of the government's independent selection panel creates the perception of a political appointment.

Here's my analysis from this morning's AM.

Ita Buttrose appointed as ABC chair; PM defends bypassing selection process

After days of speculation, the veteran editor and media icon Ita Buttrose has been confirmed as Scott Morrison's captain's pick as chair of the ABC. 

Ms Buttose's appointment brings some long-awaited stability to the national broadcaster after it lost its managing director and chairman in the space of days last September. But 

ABC's Peter Ryan says Ita Buttrose's elevation to the top of the ABC has been overshadowed by the Prime Minister's decision to sidestep the nominations of the government's independent selection panel.

Wednesday, February 27, 2019

ASIC's Sean Hughes warns - insurers ignore Hayne lessons at their peril

The corporate watchdog has warned it will aggressively pursue criminal action against white collar criminals in the wake of misconduct that emerged at the banking Royal Commission. 

ASIC commissioner Sean Hughes has also urged the financial sector to clean up its act now before tougher laws are brought in - and that the recommendations from Royal Commissioner Kenneth Hayne can't be ignored. 

ABC's Peter Ryan reports for The World Today.

Monday, February 25, 2019

Bluescope Steel yet to see dent from housing correction; Ita Buttrose firms as ABC chair pick

Bluescope Steel chief executive Mark Vassella confirms he has seen a moderation in demand from the housing correction but warns that any shock could have a more material impact on the steel maker. 

Also today, Ita Buttrose has been named as a possible top candidate for the ABC chair role which has been vacant for five months. 

Prime Minister Scott Morrison says a decision is yet to be made but says he was surprised and disappointed to receive an all-male short list from the government's selection panel.

Here's my report on The World Today

Ita Buttrose tipped as ABC chair with PM to decide this week; PM "surprised , disappointed" at all male short list

Ita Buttrose has been named as a possible top candidate for the ABC chair role which has been vacant for five months. 

Prime Minister Scott Morrison says Ms Buttrose is a great Australian but says a decision is yet to be made. 

However, Mr Morrison says he was "surprised and disappointed" to receive an all male short list.

The media buyer Harold Mitchell says the former editor for Kerry Packer and Rupert Murdoch is tough but compassionate. 

ABC's Peter Ryan says the position of ABC managing director is also vacant after last year's sacking of managing director Michelle Guthrie.