#30899
Flame Tree (Qld)
Flatchatter

    Frustratingly so in Queensland, the committee key 3 top positions are entrenched and positions automatically filled without question if the incumbent(s) wants to go around again. It’s nuts and keeps the same folks in the same job forever.

    The other slots on your committee are open to open vote so you can swap out any perceived pew warmers on a competitive vote on the day – nominating ebforehand will get your name on the paperwork sent out so you might get a few postal votes to help with your nomination, esp if the other owners can’t or don’t want to attend the agm in person.

    As I own a few shares, i attend a few meetings for public companies where the directors need to re-nominate them-self for their positions every 3 years – they get in if they are performers, and don’t if they are not or you have a better option. Oh, how I wish that was the case with all committee positions particular the top 3 I first mentioned.

    That all said, being on the committee is a grueling, thank less job and comes with the expectation you will serve those you volunteer to, according to your State’s individual Act, so be careful what you wish for and just who you swap out and in. Done well you will enjoy it, but chances are you might also find it a real character building exercise!

    Anyways, take a swing, if you find its a nightmare just quit, there’s much better things to do with your life than stress over this nonsense.