The ARU has thrown its support behind Robie Deans ahead of a crucial year for the Wallabies coach.
-
The ARU has thrown its support behind Robie Deans ahead of a crucial year for the Wallabies coach.
-
Melbourne have completed the signing of Japanese hooker Shota Horie for the 2013 Super Rugby season.
-
Former Wallabies skipper Stirling Mortlock says it's too late to sack coach Robbie Deans (pic).
-
FILE - In this April 17, 2009 file photo, Alton Logan, left, who once served 26 years in prison for a murder he did not commit, watches as attorney Harold Winston displays a document that helped clear him of the crime during a news conference in Chicago. A Chicago City Council committee on Tuesday, Jan. 15, 2013, approved settling a pair of lawsuits against police for more than $32 million. One of the sums, $10.25 million to Logan, would be the largest settlement so far involving former police Lt. John Burge. (AP Photo/Charles Rex Arbogast, File)
-
Jon Lovey, right, attorney for Alton Logan, left, who was wrongly convicted of murder and spent 26 years in prison, speaks at a news conference Tuesday, Jan. 15, 2013, in Chicago, after a Chicago City Council committee approved a $10.25 million dollars settlement; the biggest yet to stem from the city's notorious police torture scandal involving former Lt. John Burge. The 59-year-old Logan says the money doesn't make up for the years he spent in prison before his conviction was vacated and he was released in 2008. (AP Photo/M. Spencer Green)
-
FILE - In this April 17, 2009 file photo, Alton Logan, who once served 26 years in prison for a murder he did not commit, talks to reporters after he was granted a certificate of innocence from district court during a news conference in Chicago. A Chicago City Council committee on Tuesday, Jan. 15, 2013, approved settling a pair of lawsuits against police for more than $32 million. One of the sums, $10.25 million to Logan, would be the largest settlement so far involving former police Lt. John Burge. (AP Photo/Charles Rex Arbogast, File)
-
Wallabies flanker David Pocock has re-signing with the ARU for a further three years.
-
Rebels lock Cadeyrn Neville is hoping to win his first Test cap against the Lions in June.
-
Minnesota Vikings running back Adrian Peterson, left, runs from Green Bay Packers cornerback Tramon Williams during the first half of an NFL football game Sunday, Dec. 30, 2012, in Minneapolis. (AP Photo/Genevieve Ross)
AAC head David Farley given 28% pay rise
The head of Australian Agricultural Company David Farley received a 28 per cent pay increase in 2012 in a year when the agribusiness swung into an $8 million loss.
Mr Farley was paid $1.2 million, including bonuses, in the 12 months to December 31, up from $931,950 in the prior year, the company's annual report says.
But non-executive director Donald McGauchie received a total of $206,380, up just $65 on the previous year.
The Australian Agricultural Company (AACo) made an $8.4 million loss in 2012 due to the suspension of controversial live cattle exports, which caused a $41 million writedown in the value of its properties in northern Australia.
Mr Farley in the report said the company's business model had been transformed and the operational results achieved over the past three years had been significant.
"With global food production expected to more than double by 2050, driven largely by the rising affluence of Asia's middle class, Australia's agriculture industry is on the doorstep of unprecedented opportunities to become a food bowl to these massive emerging economies," Mr Farley said.
He said the company was focused on continuing to drive improvements in the areas it could control and by managing its risk.
Shares in the company closed four cents higher at $1.31.
Tags:
farley, australian agricultural company, aaco, david farley, cents, agriculture, improvements, value, suspension, total, agribusiness, annual report, pay rise, properties, food bowl, affluence, middle class, working class, writedown, business model, social class, agriculture industry, doorstep, head david farley, company david farley, northern australia.mr farley, mr farley said.he, non-executive director donald, cent pay increase, loss.mr farley, controversial live cattle, massive emerging economies, global food production, unprecedented opportunities, previous year.the, operational results, aac, mcgauchie, agricultural economics
Print Page
