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Risk Management

When National Alerts Miss Local Needs: Queensland’s Opt-Out from AusAlert

Queensland opted out of AusAlert this bushfire season despite a 94% national test success rate. This isn't about whether that call was right — it's about the resilience discipline it illustrates: weighing your own specific variables today and making a definitive decision ahead of the event that will test it.

Regulator sharpens the warning on facial recognition

The OAIC has updated its facial recognition guidance for APP entities using biometric technology in high-volume, publicly accessible retail spaces. The update reflects the ART’s March 2026 Bunnings decision and reinforces that each deployment needs…

Risk Maturity in Action: Turning Customer Promises into Reliable Outcomes

Two recent ASIC matters provide a useful opportunity to think differently about risk management. They can be read as stories about compensation, penalties and compliance...

APRA’s Level 3 conglomerate standard reset is a governance issue

APRA has published its response to consultation on remaking the Level 3 conglomerate standards. This is a substantive prudential and governance update for groups with complex conglomerate structures, especially where superannuation, insurance and banking interests…

Business continuity is needed everywhere

Organisations that value the customer and evaluate themselves on their effective response to events will prepare incident response plans prior to events through analysis of their business processes and identification of potential failure points.


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APRA grants Revolut an ADI licence — a reminder that prudential entry standards still matter

APRA has granted an authorised deposit-taking institution (ADI) licence to Revolut. This is a substantive licensing decision and a current prudential development for boards, risk teams and governance functions watching new entrants into the banking…