Darwin Chapter News

We are pleased to announce we will be holding for the first time an Asset Management Plan intensive and an Asset Management Fundementals course in Darwin, Northern Territory, November 2012.

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The Asset Journal, Issue 3, Volume 6, 2012 Out Now

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The Next Generation

Welcome to Issue 3, Volume 6 of The Asset Journal – the official publication of the Asset Management Council.

Commencing in 2007, The Asset Journal continues to cover the latest asset management and maintenance topics for its members and the wider asset management and maintenance community.

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Sydney Symposium – Tools and Techniques to Improve Asset Management and Business Outcomes

The Asset Management Council’s Sydney Chapter invites you to register your interest for their two-day symposium on Tools and Techniques to Improve Asset Management and Business Outcomes.
Engage with experts in their fields as they deliver topical presentations and workshops

Date: Thursday 15th & Friday 16th November 2012
Location: Mercure Sydney, 818-820 George Street, Sydney, NSW 2000

Presentations and workshops include the following……..

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Canberra Symposium, Save the Date

Join us for an afternoon and listen to leading asset management professionals from across Australia at our Canberra Symposium.

Time: 12.00 – 4.30pm (light lunch and refreshments provided)
Date: Tuesday 20 November 2012
Location: High Court North Room, Hotel Realm, 18 National Circuit, ACT

Presentations include……

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Boards should focus on asset management to achieve business productivity and outcomes

The Asset Management Council and Industry Funds Management (IFM) today announced they have signed an agreement to provide significant business and asset management framework support to industry in Australia and overseas.

Chief Executive Officer for the Asset Management Council, Sally Nugent said the Partner Organisations contribute much needed financial resources, and far more importantly, they share the journey and vision to develop asset management as a framework to deliver business outcomes and manage risks.

“It’s important that we continue to advance the knowledge, understanding and access to asset management as a functional whole-of-organisation approach.”

“Working with IFM will enable the Asset Management Council to significantly advance industry awareness of the interrelationship of asset management with business investment and financial functions,” said Sally.

IFM will focus on contributing skills and knowledge on the long term, sustainable management of infrastructure assets to the Asset Management Body of Knowledge suite of online business tools now under development.

The Asset Management Council welcomes Danny Elia, Investment Director, Infrastructure, for IFM to its Board. Danny drives IFM’s asset management strategy across its portfolio of 26 infrastructure assets globally.  IFM invests in core infrastructure assets across a range of industry sectors in Australia, North America and Europe.  In accepting his appointment, Danny Elia noted:

“We are delighted to work with the Asset Management Council in an area we consider to be critical to achieving superior and sustainable returns on long term assets. We are an ‘open ended’ fund manager, which essentially means we generate returns for our investors through the successful operation, maintenance and management of our assets over long periods of time. This long term focus has created a unique culture at IFM, where as a fund manager, we are taking an active interest to ensure our assets not only generate superior returns, but that these returns are safeguarded by responsible operating, maintenance and management practices. ”

“Our partnership with the Asset Management Council will enable IFM to work collaboratively with the broader Engineering and Business community to share and exchange knowledge with a view to building and improving asset management thinking globally.” he said.

“We look forward to ongoing collaboration with and support from IFM. It is imperative to us that we have long term strategic relationships that are global and representative of different industry sectors,” concluded Sally.

The five year agreement marks the third and final Partner Organisation agreement in place with the Asset Management Council.

The Asset Management Council three Partner Organisations are:

  • Transfield Services, a global asset operator and asset management service provider
  • SAP Australia Pty Ltd, a global enterprise asset management IT solutions provider
  • Industry Funds Management, a global investment manager with a 17 year investment track record in infrastructure