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Bruce Carter (businessman)

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Bruce Carter (born 1958) is a prominent South Australian businessman and former member of the Executive Committee of Cabinet for the Government of South Australia. He is Fellow of the Institute of Chartered Accountants, a founding partner of the South Australian office of Ferrier Hodgson,[1] and is considered to be one of the state's most influential people.[2]

Career

Carter obtained a degree in economics and a Master of Business Administration.[3]

He is a former partner at Ernst & Young and has worked in corporate restructuring and insolvency for over 30 years.[4] Carter has assisted many companies including Elders, Harris Scarfe and Balfours and has provided professional advice to the Government of South Australia. He also provided services to the Australian Government during its GST review. He was one of three members of its review panel, the others being politicians Nick Greiner and John Brumby.[5]

He joined Workcover as Chair in 2003, and five years later told a Parliamentary inquiry into the organisation that within the "first month of being there I realised this was an organisation out of control and that there was a lack of virtually anything you would expect to find in a statutory organisation."[6] By 2011, Carter had developed a reputation as the State Government's "Mr Fix-it".

Carter has served as a member of the Executive Committee of Cabinet for the Government of South Australia.[7][8][9]

Carter was appointed Chair of the Economic Development Board of South Australia in 2008.[10]

In 2008-2009, Carter was Chair of the Economic Development Board and the SA Motor Sport Board.[11] Senator Nick Xenophon drew attention to potential conflicts of interest emerging from Carter's mix of public and private sector interests in October 2010,[12] following his appointment to the SkyCity board. Carter resigned from his position at the Economic Development Board in November 2010.[10] As of 2020, Carter remains SkyCity's Deputy Chair.[13][14]

He was appointed chair of shipbuilder Australian Submarine Corporation (ASC)[15] in 2010 and as of 2020 retains the position.[16]

Carter was appointed Chairman of the Premier's Climate Change Council and Chairman of the board of RenewablesSA in 2011,retiring in 2018[17]

In 2013, Carter was listed as a potential alternative trustee during a legal dispute over the management of a trust fund established by mining magnate Lang Hancock and managed by his daughter Gina Rinehart.[18] Carter withdrew his nomination after the sudden death of his wife.[19]

Carter is a former Deputy Chair of Wilderness School and St Peter's College. He was the National President of the Heart Foundation for 4 years and was on the National board from 2000 to 2011 and the South Australian board from 1992 to 2011

At 2020, Carter was Chair of the Olympic Dam Task Force Steering Committee,which became the Resource and Infrastructure Task Force[20][21] dealing with Olympic Dam ( to 2014 ) Nrystar in Port pirie and GFG re the Whyalla steelyards .[3]

He was also Chairman of Tarcoola to Darwin railway operator, Genesee & Wyoming Australia ( now called One Rail Australia ).[13] He was the Chair of Territory Insurance Office until 2015.,[22] He is a director of the Bank of Queensland,[23] Director of Eudunda Farmers Limited and a director of several other private companies,[24] including the construction company, Badge,[25] The Cohen Group of Companies,[26] AIG Australia and Sage Automation

Carter was on the board of Genesee and Wyoming Inc from 2018-2020 US global railroad company based in CT USA until taken over by Brookfield

Carter is chair of Aventus Ltd since listing in 2015 , a large format retail centre REIT , 30% owned by Brett Blundy

Personal life

Carter is an old scholar of Pembroke School, Adelaide and graduated in 1975. He has 4 adult children[27] Carter's wife died in 2013.[19]

References

  1. ^ "Bruce Carter". Linkedin. Retrieved 2014-09-10.
  2. ^ "Power list - the 50 South Australians who have a mighty influence". The Australian. 2013-06-01.
  3. ^ a b "RESIC Membership". Department of State Development. Government of South Australia. Retrieved 2014-10-08.
  4. ^ "Biography - Bruce Carter". Skycity Entertainment Group. Retrieved 2014-09-10.
  5. ^ "Review of GST Distribution - Review Panel". www.gstdistributionreview.gov.au. Retrieved 2017-12-24.
  6. ^ "Chairman claims he knew of Workcover problems". ABC. 2008-03-14. Retrieved 2014-09-10.
  7. ^ "Leaders' Edge Breakfast - Risks and rewards of being a director". 2012-07-03. Retrieved 2017-12-24.
  8. ^ "Breakfast at the Next Level | Bruce Carter". www.nextlevelbreakfasts.com.au. Archived from the original on 2017-12-24. Retrieved 2017-12-24.
  9. ^ "Mr Bruce Carter". w3.unisa.edu.au. Archived from the original on 2017-12-24. Retrieved 2017-12-24.
  10. ^ a b "Head of SA's Economic Development Board quits". ABC News. 2010-11-16. Retrieved 2017-12-24.
  11. ^ Emmerson, Russell (2009-09-23). "High flyers cash up on SA Government boards". The Advertiser. Retrieved 2015-12-31.
  12. ^ "Casino board member facing 'conflict of interest'". ABC News. 2010-10-14. Retrieved 2017-12-24.
  13. ^ a b Booth, Meredith (2011-08-03). "Bruce Carter is SkyCity deputy". The Advertiser. Retrieved 2015-08-07.
  14. ^ (http://www.nvinteractive.co.nz), NV Interactive. "Chris Moller announces retirement from SKYCITY Board". SKYCITY Entertainment Group. Retrieved 2017-12-23.
  15. ^ Owen, Michael (2014-08-30). "Privatise shipbuilding agency says state Labor". The Australian. Retrieved 2014-09-10.
  16. ^ "Board | About Us | ASC". www.asc.com.au. Retrieved 2017-12-24.
  17. ^ Kelton, Greg (2011-06-06). "Bruce Carter appointed as chair of South Australian climate change advisory committee". The Advertiser. Retrieved 2014-09-10.
  18. ^ "Carter may be Rinehart trustee". Retrieved 2017-12-24.
  19. ^ a b Ferguson, Adele (2013-10-12). "Family feud over matters of trust". The Sydney Morning Herald. Retrieved 2017-12-24.
  20. ^ "Olympic Dam Task Force". Department of State Development. Government of South Australia. Retrieved 2014-09-10.
  21. ^ "Premier's Climate Change Council". Government of South Australia. Archived from the original on 2014-08-31. Retrieved 2014-09-10.
  22. ^ "About TIO > Board Members". TIO. Retrieved 2014-09-10.
  23. ^ "Board of Directors". Banks of Queensland. Retrieved 2014-09-10.
  24. ^ "Bruce Carter, Chairman". Australian Submarine Corporation. Archived from the original on 2014-09-13. Retrieved 2014-09-10.
  25. ^ "Our Leaders | BADGE – Your Partners in Construction". badge.net.au. Retrieved 2017-12-24.
  26. ^ "The Cohen Group of Companies - Director Summary". cohengroup.com.au.
  27. ^ Harries, Peta (2012-07-11). "Pembroke Old Scholar Bruce Carter". LinkedIn. Retrieved 2014-09-10.
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