SAI Global GRC Community

Building Organizational Integrity.
News >> Asia Pacific

Launch of Fossil Fuel-free Superannuation Fund

11 Sep 2014
Written by World Watch

Simon Sheikh, the former national director of Australia-based campaign organisation GetUp!, has launched Future Super, an ethical fossil fuel-free superannuation fund with the backing of Bendigo Bank and Grosvenor Pirie. Reportedly, Future Super will remove "harmful activities like tobacco, gambling, live animal exports, armaments and fossil fuels" from its portfolio.

The Land and Environment Court of the Australian State of New South Wales (NSW) has handed down its judgment in Environment Protection Authority v Big Island Mining Pty Ltd [2014] NSWLEC 131 (26 August 2014). According to the NSW Environment Protection Authority (EPA), the Court has ordered Big Island Mining (BIM) to pay a total of $196,000 after the gold mine operator pleaded guilty to "polluting Spring and Majors [c]reeks on three separate occasions in 2013".

The Australian Office of the Fair Work Ombudsman (FWO) has made available the following enforcement-related media releases:

Australia-based not-for-profit organisation the Diversity Council Australia (DCA) has called on employers to reduce the gender pay gap by supporting parents to manage family responsibilities alongside paid work, in light of its recent investigation of the impact of motherhood on women's wages. The DCA found that "[r]aising children accounts for a 17% loss in lifetime wages for women", and that while the immediate wage-penalty effect following childbirth can be partly explained by the fact that 84% of Australian women work part time when their child is under two years of age, analysis suggests that "the wage penalty emerges over time through reduced wage growth".

The New Zealand Commerce Commission has announced that Horizon Energy has agreed to "reduce its future earnings" as part of a settlement agreement, after the electricity distributor exceeded its annual price path by NZ$645,686 or approximately 3% in 2011-12.

Published in Financial Integrity

The Victorian WorkCover Authority (VWA) of the Australian state of Victoria has advised that Pasta Al Dente (Aust) (PAD) has been fined A$50,000 after pleading guilty to one charge of failing, so far as was reasonably practicable, to provide and maintain a plant that was safe and without risks to health.

The Australian Competition and Consumer Commission (ACCC) has announced that it has accepted a court-enforceable undertaking (20 August 2014) by professional services franchise business Express Mobile Services to address allegations of misrepresentation and non-compliance with trade codes. The specific allegations include:

The Australian Competition and Consumer Commission (ACCC) has announced that it has accepted an enforceable undertaking (18 August 2014) under the Competition and Consumer Act (2010) 1974 No. 51 (Cth) from Maggie Beer Products Pty Ltd (Maggie Beer), in relation to various allegedly misleading place of origin representations that it made on the labelling of its products, to the public, and in correspondence with retailer Woolworths.

Published in Consumer Protection

The Australian Office of the Fair Work Ombudsman (FWO) has released its Final Report on the Proactive Compliance Deed between Red Rooster Foods Pty Ltd and the Fair Work Ombudsman (July 2014). The report outlines the results of the FWO's proactive compliance deed (the Deed) with fast food chain Red Rooster Foods Pty Ltd (Red Rooster) that was signed in 2012 after the FWO found instances of Red Rooster employees being underpaid.

Guidance on Responding to a Data Breach

27 Aug 2014
Written by World Watch

The Office of the Australian Information Commissioner (OAIC) has made available Data breach notification guide: A guide to handling personal information security breaches (August 2014), which "provides general guidance for agencies and organisations when responding to a data breach involving personal information that they hold".

Page 1 of 45

© 2013 SAI Global Limited ABN 67 050 611 642




User Registration
or Cancel