Another year has come and nearly gone.  The holiday season is upon us and it is a time to reflect on the achievements and disappointments of the last year.

Risk management i ...[ Read More ]

Welcome to the New Year, by all accounts it should be a reasonable one for Australia and Australian industry. If so it is a chance for us as a country to get things right in the good times so we may suffer less in the bad which will surely come. Risk management is becoming increasingly important but todate is still not recognised as a worthwhile discipline for the majority of Australian companies. ...[ Read More ]

The study was conducted by Bevan Brown, from Adelaide and is titled “International Insurance, Due Diligence Controls” the major aim of the project was to identify the legislative requirements that a company will need to observe to be authorised to carry out business in various part of the world. In order to research the above topic it was assumed that the requirements of each nation are different; accordingly the industry is in need of a method to readily establish the minimal technical and legislative requirements of each area of influence. ...[ Read More ]

The report focused on wholesaling of foreign currencies to various types of businesses involved in the travel and tourist industry. Examples of the types of entities are, automobile associations, airlines, government, travel agents and other financial institutions. ...[ Read More ]

Last time we looked at the various aspects of risk and put forward a series of definitions to focus the mind on the facets that can be termed risk. Is risk good or bad and how as managers we need to answer that question on a case by case and event by event basis. ...[ Read More ]

This month we look at the local government sector, this is a frequently ignored area of government but in reality the one that has the most direct effect on our day to day living environment. The basic services of life are supplied by local government but beyond the collection of rubbish and the registering of animals we probably don't give it a second thought. ...[ Read More ]

Statutory inspection by definition implies that any action to look at or examine any place, item or procedure, which is imposed or required by any rule, act or law, is in fact a statutory inspection. This is further defined and amplified under regulation. ...[ Read More ]

Risk management is the emerging management philosophy of tomorrow's successful company.  We are slowly eliminating the concept linking risk management and insurance.  Industry has bee ...[ Read More ]

Now for this month, Bryan Trotman, a member of the Mines Rescue of NSW writes about the risks associated with the handling and use of hazardous substances within the industry. This is the third in our series from Mines Rescue NSW. ...[ Read More ]

Risk managers are at a crossroad; we can chose to continue the way we are a functional line management responsibility with little or no boundaries to the function. Each firm and position is defined and constructed differently, calling yourself a risk manager only leads to confusion when you are asked, “what’s that?” The average risk manager is aging and there are no logical successors on the horizon, the succession pathway is confused because of the lack of clarity for the function. ...[ Read More ]