Capital allocation and access to capital have rocketed to the top of the business risk list for mining and metals companies globally, up from number eight in 2012, in Ernst & Young’s annual Business risks facing mining and metals 2013-2014 report.
Mandatory data breach notification legislation will shift the privacy goalposts for Australian companies, EY said.Companies will have to report privacy breaches “that give rise to serious harm” to both the individuals affected as well as the Office of the Australian Information Commissioner.
Oil and gas companies’ health, safety and environment (HSE) and regulatory compliance remains on top of the industry’s risk agenda according to a new EY report, with cost escalation and inflation a particular concern in Australia.
