Join us on Friday, 4th October for our Implementing Asset Management in Government Symposium. Read on for a sneak peek of just one of the topics that we will be exploring during the day.

The AMCouncil Melbourne Chapter welcomed a delegation from China as part of their visit to Melbourne on Thursday afternoon, 20^th September, who were interested in learning more about the Australian government and the Asset Management systems that are used within the three different levels of government.

We have much to learn from the Chinese with regard to Asset Management. Thank you to Nick Phillips for presenting on the Victorian AMAF framework. We hope our ISO TC251 delegates can continue this relationship when they visit China in May next year.

The AMCouncil dropped by Trade Victoria office recently to meet with representatives from BANOBRAS. This included Mr Esau Garza, Trade Commissioner; Mr Alejandro Blasco, Head of Investor Relations; and Mr Luis Ampudia, Vice President of Investor Relations from Mexico who walked through the Mexican Government's newly developed Infrastructure investment tool which is a good reference to explore potential usiness opportunities in Mexico.

Only a short two-minute walk from Asset Management Council’s office lays the Oakleigh Railway Station, the latest station to get the go-ahead from the Victorian government for an upgrade.

Asset management is everywhere, but it’s exciting to see it so close to home.

Fantastic news from NSW as Treasury publishes the NSW Government asset management policy, adopted by the NSW public sector on 31st October. 

The Asset Management Council, led by our director Toby Horstead, has been working closely with Infrastructure NSW and the NSW Government AM Community of Practice to prepare agencies for the release of the policy.

Rami Affan provided a great presentation on Asset Management System Benefits for Industry and Government in our Sydney Chapter's virtual technical meet last Thursday evening. An excellent summary of the Policy position and implementation requirements for NSW government agencies and a great update on where Infrastructure NSW is up to on their journey implementing consistent Asset Management Systems providing benefit for the citizens of NSW.

Government departments across Australia at the local, state or federal level are faced with the complexities of when to renew assets.

Most of the public infrastructure in our nation was built in the post-WWII boom: 1950s to 1970s. With many assets having a life-cycle of between 30 – 80 years, it’s no wonder that right now, across our major cities and rural areas, we’re seeing unprecedented construction, upgrading and renewal. But renewing assets is not as simple as the asset reaching its end-of-life or reducing its functionality. Other factors must be taken into consideration, such as:

You wake up one morning, stumble out of bed in search of your usual cuppa to start the day. You flick on the kettle; there is no electricity. You mutter under your breath, decide to take a shower and deal with the electricity later. A trickle of water is all that flows from the low-pressure rose in your shower recess. You’re annoyed now. You decide to head to a nearby café for coffee and a danish, and maybe local supermarket for milk, fresh bread. The café is also experiencing a power outage, the supermarket in darkness too, as well as having had no early morning deliveries to re-stock shelves. You scratch your head and wonder if you’re starring in a dystopian drama series.

The Victorian government announced a large injection of maintenance funding for every Victorian government school. 

Mr James Merlino, the Minister for Education, made the annoucement on Monday 2^nd September, stating that each government school will receive a share of $515 million. The boost of funding will ensure the existing 36,000 school buildings¹are upgraded to provide school children a safe and modern learning environment. 

Cyber attacks are a constant problem in today’s society. A hacker’s gonna hack, to bastardise a line from Taylor Swift’s popular song, Shake it Off.

At the Technology in Government conference, held in early August in Canberra, attendees learned more about cyber security in government. In particular, David Cullen, Principal Advisor of Cyber Incidents and Emergency Management at Department of Premier and Cabinet, Victoria, spoke of the alarming number of incidents in Victoria alone.

In last week's Women in Asset Management webinar discussion Tim Reardon, Secretary of the NSW Department of Premier and Cabinet explored what asset management means to NSW Government, how it adds value for the community, how we can harness new technologies and innovation to deliver value and why people, especially women, should be excited to work in asset management in the public sector.

Join us on Friday, 4th October for our Implementing Asset Management in Government Symposium. Read on for a sneak peek of just one of the topics that we will be exploring during the day.

The 2019 Australian Infrastructure Audit was announced on Tuesday 13^th August by Infrastructure Australia, the nation’s independent infrastructure advisor. The audit promises a forward-view of Australia’s challenges to protecting and advancing our infrastructure.

Infrastructure Australia has released its Infrastructure Priority List for 2020, with board chair, Julieanne Alroe, stating it features thirty-seven new proposals. Ms Alroe notes the wide range of sectors covered include water, energy, health, waste and transport.

The Priority List is supported by the evidence raised from the 2019 Infrastructure Audit, and submissions from government departments, industry and the community.

Infrastructure Victoria recently released its report, entitled Recycling and resource recovery infrastructure: Evidence base report.  The report focuses on ways to inform the government on better policies and options for recycling and recovery of waste generated by Victorians.

Join us on Friday, 4th October for our Implementing Asset Management in Government Symposium. Read on for a sneak peek of just one of the topics that we will be exploring during the day.

The Melbourne chapter held a session at Engineers Australia’s city facilities, focused on the evolution of asset management in defence. John West, Asset Management Principal at BAE Systems, talked about linkages between defence capability and asset management, drawing on examples from the maritime defence sector. The enthusiastic audience included AMC members from government, defence and consulting.

The Asset Management Council was proud to play a major part in yesterday's meeting of the NSW government village along with Infrastructure NSW. The purpose was to formally launch the new NSW Government endorsed Asset Management Policy. It was also an opportunity to receive an update from the CEO of Infrastructure NSW on the key asset management policy reforms underway in line with the State Infrastructure Strategy 2018-2038.

Following the Asset Management Accountability Framework Audit Report that was presented to Parliament on 23^rd May 2019, our Melbourne AMCouncil chapter got together over breakfast to hear from Catherine Sandercock, Manager Performance Audit, Victorian Auditor-General’s Office, who spoke about the audit findings and recommendations.

Who remembers using a piggy bank? As a child, you’d save one and two cent pieces; if you were lucky you might even get a silver coin to slide into the slot on the pig’s back. As the coins dropped you’d hear them clunk onto the others inside. Once the pig became heavy, with its tum full of coins, you’d go with your parents to the local branch of the bank, and deposit those coins into your own savings account. Saving for the future is a good plan.