IPEF Fair Economy Agreement

Posted on November 23, 2023

The Australian Government has announced a new agreement to combat corruption, help create a more transparent and predictable business environment and level the playing field for businesses and investors in the Indo-Pacific region. Last week Prime Minister Anthony Albanese met with leaders from Brunei Darussalam, Fiji, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Republic Continue reading

National Anti-Corruption Commission Appointments Announced 

Posted on March 29, 2023

The National Anti-Corruption Commission (NACC) has today taken a significant step towards delivering on its mandate to protect the public interest and hold government agencies accountable with the Attorney-General announcing the NACC’s inaugural appointments. The proposed appointments have been approved by the Parliamentary Joint Committee on the National Anti-Corruption Commission and were selected based on Continue reading

Marking one year since the commencement of Australia’s first debarment regime

Posted on March 21, 2023

On 1 January 2022, the Western Australian Government commenced operation of Australia’s first debarment regime. Under the new scheme, businesses that engage in unlawful activity can be banned from doing business with WA government agencies for up to five years. Details of the debarment are published on a publicly accessible register. The debarment regime captures Continue reading

Report published on Australia’s implementation of OECD Anti-Bribery recommendations

Posted on March 21, 2023

The OECD has published a new report on Australia’s progress implementing the OECD Convention on Combatting Bribery of Foreign Public Officials in International Business Transactions, which requires member states to criminalise foreign bribery and enforce foreign bribery offences. Australia submitted the report to the OECD Working Group on Bribery in December 2022 as a follow-up Continue reading

2022 Corruption Perceptions Index released

Posted on February 2, 2023

Transparency International’s annual Corruption Perceptions Index (CPI) report released this week has put Australia in 13th place, scoring 75 points on the 100-point scale. This is 2 points up from last year, which was Australia’s lowest ever score. More than two-thirds of countries (68%) score below 50 and the average global score remains unchanged at 43. Transparency Continue reading

Audit and renewable energy featured in the G20 Anti-Corruption Working Group in 2022

Posted on December 22, 2022

The role of audit in combatting corruption and emerging risks in the renewable energy sector were key issues considered by the G20 Anti-Corruption Working Group in 2022 under Indonesia’s G20 presidency and co-chaired by Australia. Role of audit in tackling corruption Internal and external audits can help businesses develop and improve their anti-bribery and corruption Continue reading