INFO 245
Board oversight of executive variable pay decisions
This is Information Sheet 245 (INFO 245) is for large listed companies and their boards. It explains factors that boards should consider when overseeing and making executive variable pay decisions.
In plain English
INFO 245 guides large listed companies and their boards on overseeing executive variable pay decisions.
INFO 245 applies to large listed companies and their boards. It explains factors for boards to consider when making executive variable pay decisions. The guidance aims to improve transparency and accountability. It does not specify a commencement or revision date.
Why it matters
While this applies to listed companies, it highlights the importance of board oversight and transparency in compensation decisions. This can inform governance practices in other businesses.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/corporate-governance/executive-remuneration/board-oversight-of-executive-variable-pay-decisions/. Rules Mate indexes + summarises; always verify against the regulator's live publication.