I don’t know which professional discipline has had the most effect on the management of work health and safety in Australia, but I do know that accounting has been neglected. Accounting and its companion discipline, Governance, have several research concepts that Occupational Health and Safety (OHS) should consider.
In just over a month, Treasurer Jim Chalmers will hand down the 2026 Federal Budget. While political attention will focus on cost‑of‑living pressures and international instability, the Budget also presents an opportunity to rethink how Australia could treat occupational health and safety (OHS) as an economic lever instead of just a business cost.
Every company seems to have a Mission Statement, a Values Statement, or something similar that all employees are expected to follow and comply with. Largely, these are aspirational statements, but they are sometimes invoked when/if an employee needs to be disciplined or dismissed. The values are often vague and lend themselves to various interpretations, even though compliance is expected and is usually part of the employment contract.
At the moment, some conservative politicians, such as Angus Taylor, are emphasising the need for citizens and immigrants to commit to and comply with “Australian values”. How he plans to enforce them is unclear, but most of his proposed values have direct impacts on how occupational health and safety (OHS) is likely to be managed.
Harvard Business Review (HBR) is an active publisher of articles on business management. In 2024, it released a collection of essays on psychological safety as part of its Emotional Intelligence series. HBR’s psychological safety advice is written for a U.S. corporate audience. It largely ignores the legislative duties that shape psychosocial risk management in Australia, so the advice should be considered with great caution.
Recently, occupational health and safety (OHS) lawyer Steve Bell issued a challenge to all those who provide leadership training to executives.
At the annual breakfast for the Australian Health and Safety Institute, supported by Herbert Smith Freehills Kramer, Bell shared this leadership training scenario with his panel of experts:
Citizen and worker well-being will not be a major focus of the Australian government’s budgets, but it will still influence them. Recently, Professor Paul Read assessed the Wellbeing Budget concept in The Australian Fabians Review (issue 8). His optimism is notable and helps us understand well-being in an occupational and psychological context.
[This is an attempt at satire]
In today’s rapidly evolving operational landscape, Australian organisations are increasingly aligning their strategic posture with the emerging consensus that psychosocial risk is, in fact, a WHS issue.
A bold stance, only 20 years behind schedule.
