Board operations

New whistleblowing laws will commence on 1 July 2019. Under the changes to the Corporations Act there will be a broader range of whistleblower conduct which can be reported and receive…

The review into the model WHS laws has found that they were largely operating as intended but made 34 recommendations for reform. The review recommended the creation of the new consequence-focused…

A Parliamentary inquiry has recommended numerous changes to the Franchising Code of Conduct. The recommendations are designed to lift standards of behaviour across the industry and to rebuild…

One of the banking royal commission’s recommendations was the creation of a body to oversee ASIC and APRA. This article suggests the new body could also have the authority to set future standards…

Over 87 per cent of company value today is now in intangible assets. Less than 0.5 per cent of data is actually ever analysed and used. In unlocking the value of big data there are some…

The final report calls for deep organisational cultural change which has implications for the board and governance. The final report has put corporate Australia on notice that it would be foolish…

The various royal commissions and inquiries clearly show that boards need to address the problem of culture and its primary and idiosyncratic effects on quality standards within organisations. The…

The central objective in the final report is to examine what can be done to avoid the misconduct in the financial sectors being repeated. The banking royal commission final report recommendations…

For most organisations, its workforce is its largest cost and arguably its biggest asset. Companies that do not plan for the right workforce are more vulnerable to obsolescence. Strategic…

To what extent is the shareholder primacy norm still relevant in Australian company law in 2019? Recent case law recognises that the interests of shareholders are distinct from the interests of the…

Boards that set a high tone for both character and performance engender more trusted and higher performing organisations. Ensure appropriate consequence management and that incentives schemes don't…

The importance of accurate minutes of meetings of directors came under the spotlight during the banking royal commission. As the degree of legal risk for business has increased considerably over…

In achieving financially sustainable results, boards and senior leaders must ensure the means are both ethical and prudent. Creating a desirable workplace culture takes both a ‘top-down’ and…

A global survey targeting governance professionals across 11 countries reveals multiple areas of vulnerability and technology misuse. The majority of board members use personal email to communicate…