Westpac sources said the meeting had been set up months in advance.
Dialling in: Westpac chairman Lindsay MaxstedCredit:Shakespeare
Still, with pitchfork-wielding shareholders at the doorstep, every positive recommendation will count.
As it stands, there is little enthusiasm about backing Hartzer’s bonuses or re-electing former Allens partner Ewen Crouch, the head of the board’s risk and compliance committee. With five directors up for election, Maxsted intends to dial in to Monday’s proxy advisory meeting. We’d have thought he’d be wearing out his Ferragamos up and down Sydney’s Martin Place…
OUTSIDE OF THE BOX
The Liberals inside Melbourne’s Burwood branch found themselves in the headlines on Wednesday after electing LSD advocate Greg Kasarik as the branch’s new treasurer.
Sadly on Thursday, senior branch members leaned on the former army tank driver to resign from his post, with a new treasurer to be appointed at the next branch meeting.
Party officials including new state director Sam McQuestin declined to comment on the decision, as did former Burwood MP Graham Watt.
Supporters of Kasarik in the branch, however, were quick to express their disappointment in the decision. After all, he’d been a member of the branch for almost two years.
His antics are unconventional, they say – such as his decision to repeatedly take LSD on state parliament’s steps.
But his cause is rooted in Liberal doctrine, apparently. Kasarik calls himself a campaigner for religious freedoms, arguing that LSD is a religious experience and vital for spirituality.
And while the Liberals profess to be the party fostering freedom of thought, worship, speech and association, Thursday’s decision shows they’ll always draw the line somewhere.
Just ask party veteran Andrew Robb, who revealed on Thursday he had joined the board of Mind Medicine Australia, a body researching the psychological benefits of medicinal psilocybin, the active ingredient in magic mushrooms and ecstasy.
Robb has been frank about his own battle with depression, and how medication he had used for nine years had suddenly ceased to work.
But he’s not used psychedelics: “they’re illegal,” he said.
PARLIAMENTARY PLUS ONES
Silly season has arrived in the Canberra bubble. For the Capital’s most exclusive social grouping, the Parliamentary Partners Association, Christmas-time heralds the arrival of its popular end-of-year lunch as well as its annual general meeting.
This year’s administrative showdown is set to be a doozy. Convenor Robyn