Anglo American’s Grosvenor coal mine explosion in Queensland in 2020 is ultimately attributable to overwhelming production pressures. Underground coal mining is a particularly dangerous activity, requiring delicate engineering judgements to manage a variety of hazards in an ever-changing geological environment. These judgements need to be protected from commercial pressures. However, Anglo had set production targets and provided incentives to reach and exceed these targets, which inevitably corrupted judgements about how to produce coal safely. The Grosvenor explosion demonstrates how disastrous these targets and incentives can be in highly hazardous environments.
Large companies are carefully designed to maximise profit. If they are exposed to catastrophic risks, they must also be carefully designed to ensure that these risks are effectively managed. This imperative must be built into their organisational structure just as fundamentally as is the profit motive. This book shows how to do this. It provides a model that CEOs and their senior executives should apply to their own organisations.
Sacrificing Safety draws on the Board of Inquiry Report into the Grosvenor accident, and also on insights from other hazardous industries, particularly the oil and gas industry. The author was originally appointed to the Board of Inquiry, but withdrew, in circumstances that are explained in an appendix.
This 2-volume set consolidates the Income Tax Act 2007 as of April 1, 2025. It provides a thorough overview of the legislation, ensuring you have the most up-to-date information at your disposal. Why You’ll Love It: You’ll appreciate this comprehensive re...
The 2025 edition of the New Zealand Tax Administration Act 1994, Taxation Review Authorities Act 1994, and International Tax Agreements is an essential resource for professionals dealing with New Zealand tax law. Split into two comprehensive volumes, this edition consolidates the latest legislati...
This edition of the New Zealand Goods and Services Tax Legislation provides a comprehensive consolidation of the Goods and Services Tax Act 1985, updated to April 1, 2025. It incorporates all amendments from relevant legislation, ensuring you have the most current information at your fingertips. ...
The 2025 New Zealand Master Tax Guide is an essential resource for accountants and lawyers navigating the complexities of tax law. This comprehensive guide provides succinct coverage of a wide range of tax topics, ensuring that tax generalists stay informed and up to date. Why you’ll...
Prices are shown in NZD inclusive of GST and do not include Delivery and Handling | Copyright © 2025 Wolters Kluwer