I find performance and commitment is well recognised, and promotions occur when deserved (i.e, there are no "rules" about when it cannot happen).
Midlevel, Sydney - 16 Feb 2017
There seems to be reasonable opportunities for promotions, but you may have to be patient. The company is offering a lot of secondments now and these can be good opportunities.
Midlevel, Sydney - 10 Feb 2017