'Shareholder activism is alive and well' in Australia

Sky News Business Editor Ross Greenwood says shareholder activism is alive and well in Australia.

“It's now common to see shareholders vote down executive remuneration packages if profits fall if there's a scandal or some other malfeasance,” Mr Greenwood said.

“Well koalas, we never expected to see koalas though.

“Australia's unique marsupial is now the subject of a potential $11 million share sale.”

Australian Ethical - with 1.6 million Lendlease shares – is threatening to sell due to a proposed housing development in Mount Gilead.