Business
ASX dives; Afterpay falls following CFO exit – The Australian Financial Review
The Australian sharemarket is trading firmly lower; Westpac will pay a $1.3 billion fine for failure to adhere to money laundering laws; the Aussie dollar has tumbled to two-month low; Pro Medicus admits non-compliance with ASX rules.
Pro Medicus has admitted it was not in compliance with listing rules requiring it to have a remuneration committee as a member of the S&P/ASX 300 Index.
Under listing rule 12.8, an entity, which was included in the S&P/ASX 300 Index at the beginning of its financial year, must have a remuneration committee, comprised solely of non-executive directors, for the entire duration of that financial year.”
Pro Medicus has been a member of the S&P/ASX 300 Index since March 19, 2018 but did…
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