Australia's Big Investors Are Angry
The recent beatings of James Hardie and CSL reflect a deeper anger among Australia's largest investors about the state of Australian capital markets.
It's been a remarkable week, with investors handing out severe punishments to two iconic Australian businesses.
- CSL, a healthcare giant, received a second strike against its remuneration report, a humiliating moment for one of Australia's most respected companies.
It’s hard to remember a week quite like it.
Author's summary: Investors punish iconic Australian companies for poor performance.
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