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It's International Anti-Corruption Day: How does Australia measure up?

Ahead of International Anti-Corruption Day on 9 December, Transparency International released its latest annual Corruption Perceptions Index (CPI). The CPI allocates countries a score from 0 (highly corrupt) to 100 (very clean) based on the perceived extent of public sector corruption as measured by a number of data sources (13 in 2013)—principally surveys of corruption and business experts. Australia’s score dropped from 85 in 2012 to 81 in 2013, and its ranking from seventh to ninth out of 177 countries.A number of high-profile matters may have contributed to Australia’s public sector being perceived as more corrupt than previously, including:the alleged involvement of two Reserve Bank of ... Read more...

Australia’s efforts against foreign bribery – an update

The Organisation for Economic Cooperation and Development (OECD) released its latest assessment of Australia’s implementation of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention) in October 2012. Outlined below is an overview of the positive and negative findings and their implications for the Australian Government.The Anti-Bribery Convention was adopted in 1997 to address the widespread phenomenon of bribery in international business transactions. It entered into force on 15 February 1999 and has been ratified by all 34 member countries of the OECD (of which Australia is one) and five other countries. The ... Read more...

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