Non-executive director

Australian boards are likely to look to AI and machine learning to improve the quality of their decision-making. Directors who wish to make use of AI should do so as an aide to their own…

Companies and boards that are not planning to assess and manage culture are, in the words of Commissioner Hayne, ‘foolish and ignorant’. Many companies think they are measuring culture, but are…

David Crosbie says a less passive, more disruptive approach to the sector mission is needed

Poorly overseen and managed non-financial risks can result in systemic misconduct and hundreds of millions of dollars of consumer losses. A report from ASIC’s Corporate Governance Taskforce sets…

Fresh food safety has not received widespread governance attention, partly because consumers expect high levels of service continuity. While largely voluntary currently, black letter law is on its…

Alison Watkins reflects on common themes for well-functioning boards and management.

In the case of Re Overgold the Supreme Court of Victoria held that franchise fees were incurred when the franchise agreement was made, before the company became insolvent. This case offers valuable…

Operational GRC is often overlooked but it is just as important as financial GRC and potentially carries more risk. Operational GRC is accountable to a wide range of local and national regulators,…

Amendment to the Corporations Act effective 1 July 2019 and 1 January 2020 mean important improvements are needed to corporate governance to fully protect staff who raise concerns about…

How ASX200 directors focus their time in their practice of governance under ASXCGC Corporate Governance Principles and Recommendations revealed in a recent groundbreaking study. The top three…

New report from Governance Institute predicts changes to the role of the governance professional by 2025. Artificial intelligence and machine learning in business will change the role of the…

In August 2019, ASIC incorporated requirements for climate disclosure in its rulebook. Failure to consider climate-change risks or inadequately consider climate change risk exposures, may be in…

For all corporate crimes committed after 12 March 2019, the maximum jail sentence for a contravention of the Corporations Act was tripled to 15 years imprisonment. Similarly, the civil penalties…

What does culture really mean to the average director and board? When considering joining a new board, you should seek to test any disparity in the cultural lens offered up by the chair and…

Jane Halton, the former secretary of the departments of Finance and Health (and Ageing) often calls herself an accidental public servant. An accident that lasted three remarkable decades, during…

Corporate integrity and a focus on good governance have never been more relevant. A strong culture is one that listens and learns. The most important thing is to have integrity-related…

Officer found guilty, released on appeal. Officer charged to stand trial. Officer sentenced to 18 months imprisonment.

The ‘safe harbour’ provisions of the Copyright Act only apply to carriage service providers, and not internet service providers, so cannot be relied upon by online content platforms to avoid…

London City Grandee, Sir Winfried Bischoff, speaks to Anji Kurian about lessons learned and what he looks at when asked to join a board as chair or a director.

There has been a recent shift toward more class actions relating to general commercial disputes. Class actions have several procedural differences to individually brought proceedings. The approach…