Tony Burke recently gave MPs an early mark for Easter, stating his preference for parliament to sit every day of the year despite regional opposition members requesting time off due to lengthy commutes. Burke acknowledged the challenges faced by those with trickier commutes, such as Northern Territory Senator Jacinta Price. The House and Senate unanimously agreed to cancel sittings, revealing a rare moment of unity among parliamentarians.
ASX listed financial services company Sequoia is facing a bumpy time following a $5.1 million acquisition in 2022 that included sites ShareCafe, Informed Investor, and Corporate Connect Research. The firm is now suing former ShareCafe CEO Tim McGowen for $3.5 million over alleged breaches of a share purchase deed. Garry Crole, McGowen’s successor, survived an attempt to remove him from his position after concerns were raised by a major investor. Sources indicate that many financial advisers may have followed Crole out the door if he had been removed.
Tony Farley, the former Sydney Catholic Schools boss, recently announced that he would not be seeking another five-year term. While Farley’s supporters praised his successes in school infrastructure, he faced criticism for suggesting that HSC exams should be replaced with in-school assessments in 2021. This proposal drew the ire of then education minister Sarah Mitchell. Farley’s decision not to seek a second term makes him the first SCS boss to do so, sparking speculation within the education sector.
Burke defended his decision to give MPs time off for Easter, noting the challenges faced by those with lengthy commutes to parliament. Despite his preference for parliament to sit every day of the year, Burke acknowledged the needs of regional opposition members. The unanimous agreement to cancel sittings showcased a rare moment of unity among parliamentarians. Overall, the decision highlighted the complexity of balancing work demands with personal circumstances.
Sequoia, an ASX listed financial services company, is dealing with the aftermath of a $5.1 million acquisition that has led to legal action against former executives. The company sued former ShareCafe CEO Tim McGowen for alleged breaches of a share purchase deed, while current CEO Garry Crole survived a potential removal from his position. Crole’s possible departure could have led to the exodus of many financial advisers, underscoring the challenges faced by the company in maintaining stability amidst internal turmoil.
Farley’s decision not to seek another term as Sydney Catholic Schools boss has raised questions within the education sector. While his supporters praised his efforts on school infrastructure, Farley faced backlash for proposing the replacement of HSC exams with in-school assessments. This controversial suggestion drew criticism from then education minister Sarah Mitchell. Farley’s departure marks a significant shift within the SCS leadership, prompting speculation about the future direction of the organization.
