Legacy is often associated with the athletes, infrastructure and moments that capture public attention. Yet the foundations of a lasting legacy are built well before the event begins and continue long after it ends.
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Through experience, one observation continues to emerge: most Councils have invested significant effort in asset management frameworks, strategies and plans, but many still struggle to translate these into confident operational and investment decisions.
Artificial intelligence is accelerating and amplifying traditional business risks, from cyber threats to fraud and decision-making integrity. This article outlines five emerging risk patterns and highlights why organisations must rethink risk management approaches to remain effective in an AI-driven environment.
Enterprise Resource Planning systems automate and integrate core business processes across HR, finance, supply chain, inventory and operations and like any major technology, they evolve over time. Sometimes this is through incremental upgrades, and other times it is through large‑scale transformation projects that introduce an entirely new platform.
Artificial intelligence is now firmly embedded across Australian financial services. What was once experimental is becoming operational, customer facing and increasingly central to core decision making.
Proactive stress testing to manage macroeconomic risk, strengthen financial stability and banking
Embed ESG risks into strategy and culture to drive sustainability beyond compliance.
While APRA has acknowledged the achievements of member-owned and not-for-profit funds to-date, it also noted Boards must do more to ensure long-term sustainability of their organisations.
In this episode, Risk Consulting Partners and AML/CTF experts Neil Jeans and Katherine Shamai discuss the implications of the new AML/CTF Amendment Act, AUSTRAC’s expanded authority to investigate organisations, and the important questions Board should be asking management teams when it comes to the new reforms.
In the latest episode of Beyond the Numbers with Grant Thornton, our Brisbane Office Chair and Tax Partner Sian Sinclair and Risk Consulting Partner Jarrod Lean discuss opportunities, challenges, procurement risks and strategies.
Recent action from the Payment Times Reporting Regulator – the first such action since the PTR Act commenced three years ago – has highlighted the importance for organisations to ensure that they are compliant with reporting obligations.
Local councils play a pivotal role in the governance and development of communities and are responsible for a myriad of services and decisions that directly impact the daily lives of residents.