Our staff add value to public sector effectiveness and the independent assurance of public sector administration and accountability, applying our professional and technical leadership to have a real impact on real issues.
Industry, Innovation and Science became a component of the Jobs and Innovation portfolio in December 2017 to enable growth and productivity for globally competitive industries. The portfolio consists of the former portfolio of Employment, now Jobs and Small Business; and Industry, Innovation and Science. Audit considerations for the Jobs and Small Business component of the portfolio are discussed separately.
Read an overview of the Industry, Innovation and Science portfolio including details of key activities, expenses and staffing levels. The audit focus section outlines the influences on the ANAO’s allocation of financial audit resources and the selection of performance audit topics and other activities. Also included is a list of material and non-material entities within the portfolio with their corresponding risk profile and key risks. Any risks that are considered key audit matters (KAMs) by the ANAO are separately identified.
This audit would examine IP Australia’s management of the implementation of the Rights In One program.
Online transactions account for around 97 per cent of IP Australia’s customer transactions. This means that information and communications technology (ICT) systems are central to the organisation’s intellectual property rights management work. In this context, IP Australia has commenced a large, multi-year ICT project — the Rights In One program. This project involves the development of a new system to manage IP Australia’s rights administration workflow across patents, trademarks, designs and plant breeders’ rights. It is expected to allow IP Australia to streamline its ICT operations and retire a range of legacy systems, thus delivering efficiencies and enhancing productivity.
IP Australia has reported that, in 2015–16, it completed the build of the first component, being the administration system for designs.
The audit would examine the effectiveness of the design and implementation of the Regional Jobs and Investment Packages (RJIP).
The $220 million RJIP program was established to stimulate economic growth and create jobs in 10 pilot regions by investing in projects that will diversify regional economies, stimulate long-term growth, deliver sustainable employment, and enable applicants to enter new markets and sectors. Grants are to be awarded on a competitive merit basis. Funding announcements have been made in relation to nine of the regions.
The scope of the audit would cover the Department of Infrastructure, Regional Development and Cities (which has overall responsibility for the program), as well as the Department of Industry, Innovation and Science (whose Business Grants Hub plays an important role in the delivery of the RJIP), and include the application, assessment and decision-making processes.
This audit would examine whether the Australian Nuclear Science and Technology Organisation (ANSTO) has effectively managed nuclear and related scientific assets to support Australia’s international competitiveness in scientific research, and provide a reliable domestic supply of radiopharmaceuticals to the Australian nuclear medicine community.
ANSTO manages over $1 billion of nuclear and related scientific assets, for which it incurred over $84 million in depreciation in the last financial year. These assets include highly specialised facilities, such as the Open Pool Australian Lightwater nuclear research reactor, the Australian Synchrotron electron accelerator, and nuclear medicine production equipment. These facilities aim to advance Australia’s commercial and scientific interests by employing world-leading technology.
ANSTO has identified asset management and expansion as a strategic corporate objective.