The new National AI Centre's website (ai.gov.au) feels like wishful thinking without any proper regulation, but it does provide some good material for those willing to do the right thing.
And existing regulations still apply: Privacy Act, Director Duties (Corporations Act 2001), etc.
The Australian Institute of Company Directors (AICD) and ASIC now expect boards to have:
- AI Policies: Moving away from "shadow AI" (staff using tools unofficially) to formal, board-endorsed AI governance frameworks.
- Digital Competency: 2026 guidance suggests that "digital literacy" is now a core requirement for a modern director.
So this site is a good place to start.