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Governance Directions Journal – July 2024

Volume 76 - Number 6

Gaps in budget funding for nature

The 2024-25 Budget demonstrates a sizable commitment to natural resource management, sustainable agriculture, biodiversity conservation, climate change mitigation and adaptation, and disaster management.

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The countdown begins for Australian merger law reform

The Australian Treasurer announced significant potential reforms to Australia’s merger regime in April 2024. If implemented, they would represent the most significant amendments to Australia’s merger laws in 50 years.

Cybersecurity and AI – O Brave New World

Cybersecurity is one of the most important issues facing Australian boards and senior management. This is unlikely to change for the foreseeable future, if ever.

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CEO Memo July - Strengthening Cyber Governance

As our reliance on digital infrastructure grows, so do the risks associated with cyber threats. Increasing your level of cybersecurity governance is more critical than ever. With data now both our greatest asset and the source of significant threats, the implications of a cyber breach can be disastrous for an organisation; financially, legally and reputationally.

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Acting for You — July 2024

Updates on the CHESS Replacement project, Governance Institute in Parliament, Statutory Review of the Meetings and Documents amendments, and more. 

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Effective ESG: Purpose, stewardship and employee buy in

The appropriate objective function of companies has been a contested topic for several decades, stemmed from growing discontent of Milton Friedmans’ broadly endorsed, now outdated, concept of the profit maximisation model.

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