Essential Director Update 2016 topics

The business environment

  • Digital disruption and the ‘fourth industrial revolution’
  • Augmented Reality / Virtual Reality
  • Advanced machine learning/automation
  • Industrial analytics
  • Blockchain
  • Technologists on boards
  • Government’s response to the FSI and Harper Review (s46 ACCC)
  • Retention of the ACNC
  • Changes to the definition of charity
  • National Innovation and Science agenda
  • Blueprint for reform
  • Election promises relevant to directors
  • Social impact investing
  • Tax transparency code
  • The rise and change of Asian economies
  • Independent directors
  • Independence of super fund trustee boards
  • Board’s role in strategy

The governance environment

  • Corporate culture
  • Short-termism
  • CSR activism and fossil fuels divestment
  • ATO’s tax risk management guide
  • Diversity and progress towards 30% by 2018
  • Cognitive diversity
  • Review of the 2015 AGM season
  • ESG Reporting
  • Insolvent trading safe harbour and directors liability
  • Enhanced auditor reporting

The regulatory environment

  • Tax Laws Amendment (Combating Multinational Tax Avoidance) Act 2015 (Cth)
  • ASIC and the Fintech agreement
  • ACCC Update
  • AASB Update