By Melania Watson
Publication Date: 2025-11-25 00:28:00
Australian boards are increasing their focus on artificial intelligence (AI) and digital transformation, but many are lagging behind on governance and oversight frameworks, according to a new Asia Pacific survey.
AI priorities
The survey found that 43% of government leaders in Australia have placed AI adoption at the top of their strategic plans. In response to emerging risks, 61% of companies have established restrictions or clear definitions for their employees’ use of AI.
Despite this proactive stance on AI adoption, only 13% of Australian boards have appointed directors with specific AI expertise. A smaller proportion, just 21%, require their directors to receive AI-related training. This gap highlights the significant challenges in equipping boardrooms with the necessary capabilities in the face of rapid technological change.
Governance deficit
The adoption of AI is progressing faster than the development of regulatory frameworks. Only 37% of the committees have examined…
