The politics of standard setting

We obsess with the politics of almost anything that goes on in Canberra that we forget there are other arenas in which politics plays out to the detriment of simpler, easier to follow regulation. read more

Audit priceless, prudent and too much for ScoMo

The Federal Budget’s cut back in the funding of the Australian National Audit Office and the commentary that has followed the shaving of millions from the ANAO’s kitty reminds us of what audit costs,.. read more

Reputational risk in the social media age

One of the most critical issues facing directors of financial services institutions in particular and other listed and unlisted entities more generally is how they deal with the management of reputati.. read more

Spring cleaning for QBE as it turfs Regan

Modern manners, culture and governance ring true, for once, in Australian finance, as the QBE board fires CEO Pat Regan for reckless, indulgent conduct. Who cares about the details, the gossip and the.. read more

More skeletons in AMP's closet

AMP’s reputation has received another blow following the reading of an explosive statement from a former AMP employee by Senator Deborah O’Neill that details a litany of abuses suffered at the hands o.. read more

AMP board missed the whole story

Boards need to be cognisant of their role in governing holistically, or face the wrath of stakeholders - which in AMP’s case smashed the reputations of the firm, its chair, another director and the CE.. read more