Time to scan for Emerging Risks
Directors and officers have a duty to address reasonably forseeable risks. They need to be satisfied that their risk framework, risk appetite and management reporting are appropriate for the circumstances. So what’s on the horizon that You need to consider? Data Privacy Act breaches – we know the impact that such breaches have had on […]
Water reforms – desal to be turned on
Based on an article published today in the Age by Marc Moncrief and Josh Gordon, it appears likely that Melbourne will access water from the desalination plant in Wonthaggi for the first time. The persistent drought conditions have led the state government to consider water reforms such as: allocation of 75 gigalitres in Lake Eildon belonging to Melbourne’s […]
Outcomes from the ESC Water Pricing Conference
Over the past two days, the Essential Services Commission (ESC) has hosted a water pricing conference to invigorate discussion around the different models that could be used for pricing water. “Is a regulator in the best position to establish the desired return on assets, or should that be informed by the stakeholders? I enclose my […]
