Author: Editor

SummitCare CEO wins prestigious leadership award

SummitCare CEO Cynthia Payne has been recognised for her contribution to Greater Western Sydney, winning the prestigious 2018 Women of the West (Business) award. For more than 10 years the Women of the West Awards have celebrated the invaluable contribution that women make to the Western Sydney region. The winners were announced on International Women Day. Each year members of the Greater Western Sydney community are invited to nominate women who either live or work in Greater Western Sydney, demonstrate outstanding leadership, contribute to improving the lives of people in Greater Western Sydney and achievement above and beyond their occupational role. “This is the first time I have received any recognition for my work and contribution to the Lucy Mentoring Program, and the contribution to the Western Sydney community,” Ms Payne said. “I feel so honoured. Having grown up in the west and leading SummitCare for over 15 years is amazing in its own right. A special thanks to my team who were able to attend the function and received the award on my behalf.” The nominees include community and social justice advocates, nurses, teachers, mentors and students. These inspirational women were nominated in the categories of Woman of the West (Business), Woman of the West (Community) and Young Woman of the West (18 to 30yrs). Deputy Vice-Chancellor (Academic), Professor Denise Kirkpatrick, says the awards are a chance for the...

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Investors sharpen focus on skills mix, risk management and business strategy

Institutional investors will be scrutinising board diversity and composition more closely in 2018, according to a report published by the Governance Institute of Australia. The consulting group, Morrow Sodali, has released its 2018 Institutional Investor Survey report, which found that large investors will focus more closely on directors’ skills, qualifications, experience and their individual contribution to the effectiveness of the board this year. “Our results show that an increasing number of Institutional Investors will focus their attention on board effectiveness, looking at the skills of each board member, considering these as the most critical factor when evaluating directors,” the report states. “After skills and experience, gender was chosen as the most significant board diversity factor, with geography, age and ethnicity following behind.” “Executive pay is still one of the main areas where boards and shareholders are likely to disagree during 2018.” “Institutional Investors are expected to up the ante when scrutinizing pay policies, demanding enhanced disclosure of pay metrics and seeking a closer alignment between pay and performance. Further pressure will come to bear on companies with excessive pay practices, particularly with the introduction of the CEO pay ratio.” “When evaluating remuneration plans, Institutional Investors are interested in receiving information on the sustainability metrics used, particularly those linked to a company’s risk management and business strategy. For example, the incorporation of climate risk into remuneration plans is likely to be a...

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Action needed to end super bias harming women

COTA NSW is calling on the Government to change Australia’s superannuation scheme following new research that highlights how current policies  disadvantage women at their most vulnerable stage in life. The peak body will today release a new report ‘The super bias: an insecure future,’ which draws on responses from more than 7600 people across New South Wales to a survey about their experiences of post-retirement income, housing security, work and retirement. Meagan Lawson, CEO of COTA NSW says the results highlight a systemic problem requiring broad changes across workplace practices and tax, post retirement income and housing policy in...

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Sponsored: New guide to evaluate aged care software capability

Running an aged care organisation in Australia has a unique set of challenges. Whether you’re dealing with funding restrictions, operating within a small departmental team, or navigating changes to government legislation, fostering growth is no easy feat. Today, organisational growth is born out of the ability to use senior living resources that actually provide hours back into your day, not give you something else to juggle in your already overflowing calendar. The real question is: how can an aged care software platform cost-effectively free you up to work on the strategies that will grow your organisation and give you...

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Plans for new 11-storey high care facility on Gold Coast

Regis has lodged an application to build an 11-storey high care aged care facility on prime beachfront land at the Gold Coast. The proposed plans include 177 units, including 108 high care rooms, 24 dementia care rooms and 45 high care suites, along with a ground-floor cafe, library and designated ambulance zone. The 3304sq m Palm Beach site, which borders the ocean and Gold Coast Highway, was purchased for $12.1 million last year. The application will be considered by council this year....

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