Governance Directions Journal – February 2024
Volume 76 - Number 1
Interview: Alan Duncan — What lies on the economic horizon?
According to Professor Alan Duncan, the director of the Perth-based Bankwest Curtin Economics Centre, many of the major economic and social themes that dominated the Australian landscape in 2023 will continue into 2024.
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The crucial yet overlooked importance of board debriefs
In an increasingly complex and dynamic business environment, effective governance is critical to an organisation’s success. Here, governance doesn't merely refer to compliance or the avoidance of legal pitfalls.
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ATO publishes guide for NFP self-review returns
As of 1 July 2023, NFP entities with an active Australian Business Number that self-assess as income tax exempt are required to lodge a self-review return, starting with the 2023-24 income year.
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Does your business need to give a modern slavery statement?
Modern slavery can taint the supply chain of any Australian business. To mitigate this risk the Modern Slavery Act 2018 requires certain entities and encourages others to give annual modern slavery statements to the Commonwealth Attorney-General’s Department.
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CEO Memo: Navigating gender pay gap reporting — Vital insights for boards
The recent Employer Gender Pay Gaps snapshot from the Workplace Gender Equality Agency has provided some thought-provoking insights about the Australian landscape, in the first year that organisations with more than 100 employees have been required by law to report.
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Acting for You, March 2024
Updates on Digital Bills submission, pre-budget submission, parliamentary friends of governance event and more.
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Fair Work Commission rejects first employee request for flexible working arrangement
Since 6 June 2023, employees have had a new right to appeal to the Fair Work Commission where an employer has rejected an employee request for a flexible work arrangement.
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Why leaders need to accept the externality of change
The impacts of the pandemic and what followed — rising energy costs, supply chain shortages, a war for talent, increasing social activism, tightened governance, cyber-attacks, media intrusion, Al and so on — have contributed to the perception (or reality) that leadership control has shifted.
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