The Australian Government has established an AI Review Committee to support safe and responsible AI adoption across the Australian Public Service. The Committee will provide practical, non-binding advice, promote shared learning, and strengthen oversight of AI uses that may affect people, services, or public trust. It includes six senior government leaders and aims to improve AI risk management capability and consistency across the public sector. Further information: https://www.digital.gov.au/policy/ai/ai-review-committee
The Asset Management Council is pleased to launch the new AMCouncil member portal — the most significant upgrade to the member experience in years.
Built around member feedback and shaped by the needs of our community, the new portal brings together the tools, knowledge and support members use most into one faster, easier and more connected experience.
This is more than a refreshed website. It is a new digital home for AMCouncil members, designed to help asset management professionals access knowledge, manage their professional development and build confidence in the use of AI.
The Board acknowledges that the proposed constitution amendment dated April 26 did not achieve the 75% pass requirement with 51% voting in favour of the change. The Board intends to proceed with the constitutional redevelopment, adopting a staged approach that breaks the work into manageable components supported by appropriate by‑laws. The work will take as long as needed to ensure the membership is fully consulted and generally happy with the proposals of change. Those that are interested in discussing the constitutional review will be encouraged to register their interest.
AMCouncil’s Human–AI Boundary in Asset Management project is now underway, with members invited to contribute through a series of online workshops exploring one of the most important questions facing the profession:
What should AI do, what should humans do, and where should the boundary sit across the asset management lifecycle?
Artificial intelligence is entering asset management quickly. It can read documents, interpret images, detect patterns, forecast deterioration, support maintenance planning, optimise investment options and generate summaries at speed.
But asset management is not just a technical discipline. It is about making decisions that affect value, risk, cost, performance, safety, service, sustainability and communities.
That raises a more important question than “What can AI do?”
