By Craig Donaldson

A recent Independent Commission Against Corruption (ICAC) report into the NSW public sector found that councils face a wider range of corruption risks than state agencies but appear less likely to use the management controls important to sound corporate governance, making them more vulnerable to corruption.

The report found that 58 per cent of councils had an audit plan (compared with 92 per cent of state agencies); 44 per cent of councils had a fraud control plan (compared with 62 per cent of state agencies); and 85 per cent of councils had a risk management process (compared with 95 per cent of state agencies).

However, Geoff Lake, immediate past president of the Australian Local Government Association (ALGA), says risk is an area taken seriously by local government, and it is important to be mindful of state-specific reports.  Read More>>

Read the full report: Facing up to risky business [PDF]

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@governmentnews.com.au.  

Sign up to the Government News newsletter