In late September, ASIC released its Report 815 ‘Hardship, not as hard to get help’, highlighting progress by home loan lenders in meeting customer hardship obligations since their 2023 review. While improvements are evident, ASIC has warned that compliance remains a priority and lenders may face significant penalties if they don’t measure up.

On 15 September 2025, the Australian Government published the final report of the first National Climate Risk Assessment, comprising a comprehensive assessment of Australia’s future climate risks and the potential vulnerabilities that could be faced across Australian communities, businesses and the natural environment.

Most organisations strive for strong governance, risk and compliance management, but how often is this objective truly realised? For many, this remains a work in progress.