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Article: Blunder turns into national fiasco as more schemes die.
- Article from:
- Australasian Business Intelligence
- Article date:
- May 21, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Damon Kitney
May 21, 2009 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Government's planned changes to employee share schemes have drawn criticism from business leaders, unions and small companies. National Australia Bank and Woodside Petroleum chair, Michael Chaney, described the move as "inexplicable", while Fairfax Media CEO, Brian McCarthy, said the change would serve as a disincentive to workers.
Publication Date: 22 May 2009
LION NATHAN LIMITED - ASX LNN
NATIONAL AUSTRALIA BANK LIMITED - ASX NAB
WOODSIDE PETROLEUM LIMITED - ASX WPL
FAIRFAX MEDIA LIMITED - ASX FXJ
WESFARMERS LIMITED - ASX WES
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