"Financial institutions are upgrading their technology to navigate the pandemic. But in the current regulatory climate, new tech demands new ways of managing risk.Institutions will have to balance the benefits of technological advances with the challenges of risk management. In our experience, three key components are equally essential to striking this balance:1. Establish a new risk strategy and culture2. Ensure attention, knowledge, and support at both operational and board levels3. Shift the organizational mindset from governance to reinforcing desired behaviour"McKinsey Digitalhttps://www.mckinsey.com/business-functions/mckinsey

“The Year 12 university entrance score system is far too narrow to measure student success accurately and is holding back our nation. Reducing a child’s whole education journey to a single metric has led our education system to become increasingly irrelevant. We would begin the task of educating our children by asking what society needs of our future adults. Beyond being literate and numerate, we need them to be problem solvers, creative thinkers, curious, compassionate, resilient, self-aware, emotionally intelligent, hopeful, open-minded, great communicators, and respectful to themselves and others.” James Gutteridge The Australian 1/1/2021

"May we all learn to care better for the planet and each other - and provision for generations to come."

Boards of directors are responsible for overseeing strategy, risk, ethics and social impact, and financial reporting. Artificial intelligence touches all these areas of responsibility. It is already altering the way people live, work and receive care. Companies are investing and reorganizing to receive their share of the trillions of dollars in value this technology will create. Besides bringing enormous value to those who can produce it, AI will improve people’s lives in many ways. However, its pervasive use also raises concerns about fairness, accountability, explicability, misuse and unintended societal consequences.A resource kit from the World Economic Forum:https://spark.adobe.com/page/RsXNkZANwMLEf/

To operate efficiently, primary producers need to maximise the number of pregnant cows that give birth to live calves, while minimising the costs of doing so. Feeding cows that you think are pregnant, only to find out at calving that they are not, costs around $480 per head. Identifying non-pregnant cows early allows producers to cull and sell these animals, both saving cost and releasing cash flow.   An Australian start-up, Agscent, are developing a Diagnostic Device that detects pregnancy in cows through a simple to administer breath test. Alternative tests require complex, specialised and invasive rectal intervention.

“A political fight over Australia’s electoral system has been sparked by a radical plan from government MPs to allow voters to preference only one candidate, consider abolishing by-elections, and give governments extended, unfixed four-year terms.” (The Australian 11/12/20) These matters are too important to leave to politicians alone. Australians deserve the opportunity to discuss any modifications and refreshments of our parliamentary elections and processes. We need: (a)    A community-wide discussion of the nation we aspire to be; (b)    A review of how our parliamentary processes can be improved; (c)    A Constitutional Council to advocate and initiate appropriate constitutional refreshment. http://democraticrenewal.org.au/