The Asset Management Council Melbourne Chapter recently welcomed members and industry professionals for an insightful discussion on one of the most challenging aspects of modern governance and assurance: navigating the “seams” between regulatory obligations, risk frameworks and organisational accountability.
(more…)The Global Forum on Maintenance and Asset Management (GFMAM) newsletter keeps their member organisations and wider asset management, maintenance and reliability community informed about GFMAM meetings, current work and new projects. Read the latest edition here.
We’re excited to announce the launch of AM Plan Tools, a new AI-powered member resource designed to help asset managers develop and review Strategic Asset Management Plans (SAMPs) and Asset Management Plans (AMPs).
Grounded in AMCouncil’s Asset Management Body of Knowledge (AMBoK), mapped to ISO 55001:2024 and informed by more than 500 real-world asset management plans, these new tools help members identify gaps, generate structured drafts and learn from practical examples — combining the power of AI with established asset management expertise.
Read our media release here.
If one finding defines the State of the Asset Management Sector in 2026, it is that the profession already has the tools it needs. What holds it back is the absence of a clear mandate from the top.
When asked to name the biggest bottleneck to implementing an asset management framework, members pointed overwhelmingly to people and organisations rather than technology. Leadership support and executive buy-in topped the list at 34%, followed by process maturity and governance at 31%, and fundamental asset management knowledge at 30%. Technology and tools came last, named by just 10%. For 2 years running, asset management practitioners have pointed to the boardroom and the management layer as the source of the obstacle, well ahead of any concern about their toolkit.
(more…)Australian organisations may be paying a surprisingly high price for something that happens every day: people trying to find the information they need to do their jobs.
Research reported by ABC Business in August 2026 estimated that Australian knowledge workers spend more than 75 million hours each year searching for workplace messages, with the value of that lost time modelled at approximately $4.46 billion annually. The research also found that 28% of respondents searched across multiple platforms for a message every day, 52% struggled to find a particular email at least weekly, and 21% recreated work that a colleague had already completed at least once a week.
(more…)The Victorian Auditor-General’s Office (VAGO) report Maintaining State Roads, tabled on 9 September 2026, provides a timely case study in the consequences of asset deterioration, constrained maintenance programs and the need for integrated, whole-of-life asset management.
The audit examined whether Victoria’s Department of Transport and Planning is managing road pavement maintenance to achieve its objectives and deliver value for money.
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