Not-For-Profit Sector Reforms – Governance Update

In our last update in March 2012 we reported that the commencement date for the Australian Charities and Not-for-Profit Commission (ACNC) had been pushed back from 1 July 2012 to 1 October 2012. Further Delays With The Introduction of a Staged Approach The latest news is that the ACNC now appears to be delaying things [...]

Financial Services Blog May 2012

Earlier this week a leading Fund Manager described to me how the industry is like the ocean. When the tide is in everyone is living the dream and happily making money – but when it’s out, like it is at the moment, everyone can see who is swimming naked. Whilst this is a fairly bleak [...]

May 2012: Workplace Relations Update for Executives On-The-Go

Welcome to our monthly Workplace Relations Update for Executives On-The-Go. In this edition we cover: Age discrimination Restraint of Trade Clauses Sexual harassment Complying with 457 visas Work Health and Safety Age Discrimination Age discrimination claims are now the fourth largest employment-related issue dealt with by the Australian Human Rights Commission. By way of example, [...]

Pitfalls to Avoid When Implementing an Enterprise Risk Management Program

Enterprise Risk Management (ERM) has shot to prominence in recent years, and is now considered an essential element in the governance framework of any organisation. Our recent blog, 10 Reasons Why Your Enterprise Risk Management Program Won’t Work, was subsequently published by Corporate Risk & Insurance Magazine, and ignited much debate on social media sites as [...]

No Harmony in Australia’s Harmonised Work Health & Safety Laws

With little fanfare, and next to no press coverage, Australia’s plans to harmonise its WHS laws have fallen apart, with Victoria formally deciding to stick with their State based system. This is not great news for organisations operating across state boundaries, with NSW, QLD, NT and ACT having already adopted the new system and Tasmania having recently passed legislation for the new harmonised WHS laws to commence on 1 January 2013.

10 Reasons Why Your Enterprise Risk Management Program Won’t Work

In our last blog post we boldly asserted “If You’re Not Practicing Enterprise Risk Management You Should Be”. So it was with great interest that we came across an article in Risk Management Magazine titled “Is ERM Failing?” which basically summarised the finding of a 2012 PwC report that found that while 74% of executives [...]

If You’re Not Practicing Enterprise Risk Management (ERM) You Should Be!

Enterprise Risk Management, (or ERM for short), has shot into prominence in recent years and is now considered to be an essential element in the governance framework of organisations, both small and large, across both private and public sectors, including for-profit and not-for-profit orginisations.

As such, understanding core ERM principles is also becoming an essential skill set for executive managers and company directors, irrespective of organisational size or industry type….

Social Media for Employers – Part Five: Things Staff Shouldn’t Do

This is the fifth and last blog in CompliSpace’s five-part blog series designed to help employers understand, and then manage, their Social Media Risks.  The other blogs in the series are: Social Media for Employers – Part One: What are Your Risks? Social Media for Employers – Part Two: Managing Your Social Media Risks Social [...]

Financial Services Blog March 2012

So, what’s been happening in the financial services world over the last few weeks? Well, ASIC began February on the front foot by releasing policy documents discussing how it undertakes investigations and enforcement activity…

Social Media for Employers – Part Four: Things Staff Should Do

This is the fourth in a five-part blog series designed to help employers understand, and then manage, their Social Media Risks. In this blog we look at things staff should do.