The Treasury has released TPP16-04: Financial Distribution Policy for Government Businesses. The policy outlines the Government's expectations for the payment of dividends by Government Businesses. The policy also covers capital repayments, which represent a return of the Government's equity investment. TPP16-04 supersedes the previously issued TPP14-4 and TC14-9. This revised policy applies to Government businesses […]
The NSW Auditor-General has released her report which found that some NSW Government agencies were not publicly releasing all the required information on contracts with the private sector, nor were they publishing it in a timely manner in line with the Government Information (Public Access) Act 2009 (GIPA Act). The audit found: some contracts valued at $150,000 […]
Do you have adequate controls in place over your payroll activities? Do you know who is paid every pay period? Does your outsourced service provider have adequate controls in place over your payroll and employee data? Do you and/or your service provider maintain adequate records to support payroll processing? A recent, independent review of a […]
The NSW Auditor-General conducted a review of ten NSW universities and has issued his findings as part of his Volume 2 Report. The audit found that NSW universities are generally in a sound financial position and performed well over the past year. However there are emerging financial pressures for universities including uncertainty over the impact of […]
The Department of Finance, Services & Innovation has issued the NSW ICT Assurance Framework (IAF) that sets out the Gateway Review process and other assurance requirements for ICT projects including mandatory due diligence reviews, health checks, deep dive reviews and project status reporting. It also sets out that all NSW Government ICT investment decisions must […]
Under Section 355 of the Local Government Act 1993, Councils can delegate some of their functions to Committees. Councils may use this delegation to appoint members of the community to manage facilities or functions through a Committee of management. The Office of Local Government (OLG) has issued Circular 16-24 / 15 August 2016 / A506736 advising of recent cases […]
The Victorian Government has issued the Victorian Protective Data Security Framework (VPDSF) that will require agency heads to attest to their compliance with the minimum info sec standards each year. Under the framework, central government agencies will have two years to conduct a risk profile assessment of their own level of vulnerability and write a […]
HR can be a complex and high-risk area within an organisation. Centium specialises in a full range of HR services for private and public sector organisations. Our consultants are qualified to advise on: Organisational Development and Change Management Performance Management HR Legislative Compliance and Health Checks Government Sector Employment Reforms Work Health & Safety Operational […]
From 1 June 2016 NSW public sector agencies, including State Owned Corporations are required to comply with new guidelines for Annual Returns to Treasury set out in TC16-06. The guidelines are mandatory for all NSW public sector agencies, including State Owned Corporations that are required to submit TOES returns. The guidelines set out Treasury’s requirements for the […]
The NSW Government is transforming the system of local government to ensure that councils are ready to deliver the quality services and infrastructure that communities deserve. The NSW Premier Mike Baird and the Minister for Local Government Paul Toole have announced 19 new councils will be created in NSW. We are pleased to advise that […]
The NSW Department of Premier & Cabinet has released a new Circular regarding information security for Ministers, Ministers’ staff, Department Secretaries and Senior Executives when travelling overseas. The Circular aims to protect digital information, NSW Government IT networks and the reputation of the NSW Government. C2016-04 was released on the 22nd April 2016 and is mandatory for all […]
From 1 July 2016 NSW Government departments and agencies will be required to comply with new Procurement Arrangements. The Procurement Arrangements provide a framework for NSW Government to achieve value for money from their procurement of goods and services whilst being fair, ethical and transparent. The Procurement Arrangements are mandatory for all government departments and […]
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