Archives for September 15th, 1998

MANAGING RISK DOWN UNDER

Abstracts, PublicNet: 15 September, 1998

McNamee D

Internal Auditing, (UK), Apr 1998
Start page: 22 No of pages: 2

Reports that Australia and New Zealand have developed the world’s first standard for risk management, which is being adopted in their public sectors. Considers the advantages of this within the context of devolving public sector services, and the importance of top management support and guidelines in making it work. Describes the different levels of implementation in Australia and the ways in which internal auditors are participating in risk management in both countries. Summarizes the New Zealand requirements for a comprehensive risk management system and the six steps to implementation identified in the standard. Believes that internal auditors from all types of organization can learn from the Australian/New Zealand experience.

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SOCIAL EXCLUSION UNIT EXCLUDING RURAL POOR

Headlines, PublicNet: 15 September, 1998

There has been a claim that the Government’s Social Exclusion Unit is ignoring the plight of poor people in rural areas and concentrating resources on inner city poverty.

The report states that despite the popular image of rural wealth, one in four households live in or on the margins of poverty with many households consisting of low paid manual workers or elderly people living alone.

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PFI AND LOCAL GOVERNMENT – REVISED GUIDANCE LAUNCHED

Headlines, PublicNet: 15 September, 1998

The Government has issued new guidance on working with the private sector to generate new investment in public infrastructure.Local Government Minister Hilary Armstrong has published updated guidance on local authority PFI.

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