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News & Insights

February 28, 2017
Welcome to 2017

Centium’s Directors Phil, Johan and Stephen would like to take the opportunity to wish you a happy and successful 2017. We are pleased to share with you an update on Centium’s inaugural year under our new brand and management. As you are aware, Centium commenced as a private sector firm in December 2015 and attained […]

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January 17, 2017
Centium accredited to conduct investigations for the NSW Local Aboriginal Lands Councils

The New South Wales Aboriginal Land Council (NSWALC) is committed to ensuring a better future for Aboriginal people by working for the return of culturally significant and economically viable land, pursuing cultural, social and economic independence for its people and being politically proactive and voicing the position of Aboriginal people on issues that affect them. Centium […]

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December 13, 2016
New VIC Public Sector Corruption Reporting Requirements

New laws compel VIC public sector agency heads to report suspected corruption to the VIC Independent Broad-based Anti-corruption Commission (IBAC). The mandatory notification requirements are cover VIC Department and Agency heads, Chief Executives of VIC Local Councils, and other principal officers. Victoria Police are already required to notify IBAC of complaints of corrupt conduct or police […]

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December 8, 2016
Whistling While They Work 2 Survey Results

Preliminary results from the  Whistling While They Work 2 survey have been released.  The study collected self assessed information about whistleblowing processes and procedures across 702 public sector, business and not-for-profit organisations from Australia and New Zealand between April and July 2016. It is the largest cross-section of organisations to participate in a single whistleblowing related survey to […]

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November 7, 2016
Commonwealth Government Adopts and Acts on Centium Report

The Commonwealth Government Minister for Territories, Fiona Nash, has acted on a recent report delivered by Centium to provide greater protection to online gamblers and the Australian thoroughbred racing industry. The Norfolk Island Gaming Authority exposed Australia's thoroughbred industry to global criticism last year when it granted a national licence to BetHQ – closely linked […]

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October 25, 2016
TPP16-04: Financial Distribution Policy for Government Businesses

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 […]

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October 24, 2016
Agency compliance with the GIPA Act

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 […]

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October 23, 2016
Have you checked your payroll controls?

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 […]

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September 12, 2016
Work Health & Safety

Many Governance, Risk and Compliance Managers are now including Work Health and Safety (WHS) audits as a part of their overall audit strategy. But does the audit program provide adequate coverage of critical WHS issues across the organisation? Understanding WHS regulatory requirements, internal systems and WHS risks are fundamental to designing a comprehensive audit program. This is […]

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