News & updates

Latest news & updates

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PC makes far-reaching recommendations on data availability

13/06/2017

The Productivity Commission (PC) has released its long awaited final report on data availability and use which contains far-reaching recommendations on the future use of data. The report calls for a major change in governance structures around data — ‘changes that deal head-on with the fact that data is increasingly digital, revealing of the activities and preferences of individual people or businesses, and distributed widely in the private sector’

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Preparing your next financial report

13/06/2017

The Australian Securities and Investments Commission (ASIC) warns that the introduction of some major new accounting standards will have the greatest impact on financial reporting since the adoption of International Financial Reporting Standards in 2005. In a recent media release, it urges directors and management to plan for these new standards and inform investors and other financial report users of the impact on reported results.

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New moves to stem vulnerable worker exploitation

13/06/2017

The Fair Work Ombudsman (FWO) has launched four practical guides to help businesses ensure every worker in their contracting networks is being paid fairly and appropriately. The guides follow the introduction of the Fair Work Amendment (Protecting Vulnerable Workers) Bill 2017 to Parliament in March.

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The importance of a board skills matrix

13/06/2017

Creating a board skills matrix clarifies the thinking of the board and aids in productive conversations around skill sets. However, why is a board skills matrix so important and how can you use it to support the strategy of the organisation and facilitate succession planning?

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Boards need to step up on cyber security

09/05/2017

Boards are rising to the challenges of cyber risk, but still have a way to go when it comes to being prepared and resilient against security threats. That’s one of the findings of the ASX 100 Cyber Health Check, released in April, to gauge for the first time how ASX 100 boards view and manage their exposure to the rapidly evolving cyber world.

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ACSI turns up the heat on male only boards

09/05/2017

Time is running out for companies without women directors or any plans to improve gender diversity on their boards, says the Australian Council of Superannuation Investors (ACSI). Indeed, the super fund grouping, whose members own around ten per cent of the average ASX 200 company, plans to start voting against the sitting directors of these companies in 2017.

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