Court goes easy on double fault

Court goes easy on double fault

Seems the sacrifices one makes for the local tennis club really do count for something. Especially when you are sentenced in the Victorian County Court for falsifying the books of a now collapsed listed-company and providing false information to the corporate regulator during an examination.

The former chief financial officer of OnQ Peter Couper was sentenced to a wholly suspended 21-month jail sentence last Friday and a $10,000 fine.

Couper received a "sentencing discount" for helping provide evidence in the prosecution of other individuals linked to the parent company of the now defunct Bill Express. But his sacrifices to the tennis community were also recognised.

"You have engaged in a great deal of community service over the years," Judge Liz Gaynor said when she outlined the reasons for her sentence.

"You joined the Glen Waverley Tennis Club in 1974, serving there as treasurer for five years and 30 years as auditor on a voluntary basis," said Judge Gaynor, who noted how Couper joined the Templeton Tennis Club in 1978 where he served as treasurer and president.

"Your children played tennis there and you continued on in the convener role well after they had finished competing and were eventually awarded a life membership and an annual award, the Couper Award, named after you, is given to the junior player of the season," Judge Gaynor said.

Ideas anyone?

The Perpetual chief executive, Geoff Lloyd, the BankSA managing director, Jane Kittel, and spinmeister to the stars Sue Cato are among a list of corporate luminaries who will provide "webinar" and mentoring support for university students looking to develop an idea for a new "social enterprise".

The social enterprise, best known for its fortnightly magazine The Big Issue, launched a competition yesterday where it was seeking ideas for a new program it could run to help homeless and disadvantaged people find stable employment.

The judges who will ultimately decide on the best idea from the "Big Idea" competition include the executive chairman of Goldman Sachs in Australia, Terry Campbell, the former politicians Cheryl Kernot and Natasha Stott Despoja, the Telstra chief financial officer and former AXA Asia Pacific boss Andrew Penn and all-round Macquarie do-gooder and former Australian of the Year Simon McKeon.

Aside from having an army of disadvantaged people selling its magazine across Australia, The Big Issue runs other programs such as its Women's Subscription Enterprise, which has since 2010 employed women to pack magazines for distribution to subscribers.

All in good time

The four-month-old independent body originally established to offer "speedy adjudication" on community concerns related to alcohol advertising, seems to have a different concept of time to the alcohol industry.

The Wowser Complaints Board (aka Alcohol Advertising Review Board) was launched by a group of public health advocates in March to "highlight the fact that more action is needed to pull the alcohol industry into line".

Among some of the concerns raised on the board website about the current industry-led Alcohol Beverages Advertising Code scheme is: "Making a complaint is difficult, confusing and the process is very slow-moving. Often a determination is made after the advertisement in question has finished its run."

Under the current system of self-regulation, complaints are usually adjudicated on within a month.

It appears several beer advertising campaigns must have run their course in the three months since the new independent body received its first complaint in relation to a Foster's ad.

The nation's leading public health campaigner, Curtin University's Mike Daube, who co-founded the new body, told the advertising industry journal AdNews last month: "We are working on our timelines, not the alcohol drink industry's.

"For our first report, we wanted to include what we thought was an appropriate amount of complaints, rather than just a few early ones."

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles