Progress on gender equity in Australia’s ASX300 companies has stalled, with 18 firms lacking any women in executive roles and a third of these based in WA. Chief Executive Women urges linking gender targets to executive pay to enhance accountability, as only 44% of companies have set such targets, despite evidence that rigorous targets significantly improve gender balance.
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Murdochs reach deal to resolve succession fight
Lachlan Murdoch has secured a $3.3 billion deal to control the family's media empire, ensuring it remains conservative post-Rupert Murdoch's death, while his siblings receive $1.1 billion each for their shares. This agreement resolves ongoing litigation over the family trust and establishes a new trust that guarantees Lachlan's leadership until at least 2050. Want More Context? 🔎
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