The Asset Management Council

The Asset Management Council The Asset Management Council is a membership-based, not-for-profit organization that acts as a centr

The Asset Management Council is a membership-based, not-for-profit organization, a Technical Society of Engineers Australia, a founding member of the Global Forum on Maintenance and Asset Management (GFMAM) and a founding member of the World Partners in Asset Management (WPiAM). As an internationally recognized organisation at the forefront of asset management knowledge and development, we provide

information and guidance on asset management across a multitude of industries and professional roles, both in Australia and overseas. Our professional services, technical knowledge, and organisational experience act as a platform for professional development and industry recognition, and our international affiliations link our stakeholders to a community whose knowledge and experience is drawn from all levels of practice. Our vision is to "enable value from effective asset management" and our mission is to "engage our stakeholders to transfer knowledge to create a deeper understanding of asset management".

Today is Global Maintenance Day β€” a timely reminder of the important role maintenance, reliability and asset management ...
09/06/2026

Today is Global Maintenance Day β€” a timely reminder of the important role maintenance, reliability and asset management play in keeping organisations, infrastructure and communities running.

It also happens to be Research & Industry Day.

In collaboration with Federation University Australia, the Asset Management Council is hosting RAID 2026 today β€” a free virtual event bringing together academia and industry through rapid-fire presentations from final-year students undertaking maintenance and asset management research projects.

It’s not too late to register and join in.

You can attend the full event or tune in for the presentations most relevant to you, with topics covering:

πŸ”Ή Reliability improvement and fire risk mitigation in mining
πŸ”Ή Train software reliability in the maintenance stage
πŸ”Ή Control systems asset monitoring in alumina production
πŸ”Ή Risk-based maintenance decision making for light rail
πŸ”Ή Total cost of ownership for fatigue testing equipment
πŸ”Ή Digital modernisation for manufacturing assets
πŸ”Ή Asset life extension using maintenance data
πŸ”Ή Bayesian decision-making for complex long-life assets
πŸ”Ή KPIs and preventive interventions in rail
πŸ”Ή OEE and total productive maintenance in meat manufacturing

This is a great opportunity to support emerging professionals, hear current research, and explore how new thinking can be applied in practice.

πŸ“… Today β€” Tuesday 9 June 2026
πŸ’» Online
πŸ’° Free for all guests
πŸ”— Register here: www.amcouncil.com.au/raid

Identifying Asset Performance Indicators for the NSW GovernmentHow do you measure performance across a $600+ billion pub...
08/06/2026

Identifying Asset Performance Indicators for the NSW Government

How do you measure performance across a $600+ billion public asset portfolio β€” and ensure it drives better investment decisions?

Josh Millner from Infrastructure NSW and Yahya Rased from the NSW Department of Communities and Justice explore how the NSW Government is refining its approach to asset performance indicators to better support budget prioritisation and strategic decision-making.

With the state’s asset base continuing to grow rapidly, the revised suite of indicators places stronger emphasis on how assets deliver service outcomes β€” providing clearer, more meaningful insights for government agencies operating in an increasingly complex environment. This work highlights the critical role of performance measurement in aligning asset management with broader government priorities.

πŸ“– Read the full article on page 35 of the latest Asset Journal, available for download here:
https://www.amcouncil.com.au/the-asset-journal/

Keep informed of the latest developments in Asset Management. The Asset Journal Delivered across Australia and available online, the Asset Journal is the AM Council’s official publication boasting topical information on the latest news and developments in asset management and maintenance engineeri...

The Asset Management Council Brisbane Chapter is bringing back its popular July Trivia and Networking Event β€” Christmas ...
04/06/2026

The Asset Management Council Brisbane Chapter is bringing back its popular July Trivia and Networking Event β€” Christmas themed, back by popular demand and returning to the fantastic Cicada Blu at The Star Skydeck.

Join us for an evening of asset management-related trivia, networking, light nibbles, festive fun and a brief overview of Advancing Asset Management Through Intelligent Monitoring and Predictive Technologies.

πŸ“… Thursday, 16 July 2026
⏰ 5.30pm – 7.30pm
πŸ“ Cicada Blu – The Star Skydeck, Brisbane CBD
πŸ’° Free for AMCouncil members

This event is a great opportunity to connect with peers, enjoy a relaxed evening with the Brisbane asset management community, and maybe even win some AMCouncil stickers along the way!

A huge thank you to Ella Hingston, Lalyn Masangcay and the rest of the AMCouncil Brisbane Chapter Committee for putting this event together.

We also gratefully acknowledge our event sponsors, Detection Services Pty Ltd and Rockfield Technologies, for helping make this merry evening possible.

AMCouncil members, register now to secure your place. Not a member? This is a great opportunity to connect with the AMCouncil community and learn more about the benefits of membership.

Click here to register: https://www.amcouncil.com.au/event/brisbane-july-trivia-and-networking-event-christmas-themed/

The final program is now available for the Asset Management Council and Federation University Australia Research & Indus...
04/06/2026

The final program is now available for the Asset Management Council and Federation University Australia Research & Industry Day 2026 (RAID!)

Taking place virtually on Tuesday 9 June 2026, this free online event brings together academia and industry through a series of rapid-fire presentations by final-year students undertaking maintenance and asset management research projects.

You can join for the whole event or tune in for the presentations most relevant to your role, organisation or area of interest.

Topics include:

πŸ”Ή Fire risk mitigation and reliability improvement on conveyor belts in mining
πŸ”Ή Train software reliability in the maintenance stage
πŸ”Ή Power system monitoring of control systems assets in alumina production
πŸ”Ή Risk-based decision making for maintenance intervals in light rail
πŸ”Ή Total cost of ownership for fatigue testing equipment
πŸ”Ή Digital modernisation for CNC and metal-forming assets
πŸ”Ή Life extension decisions using unstructured maintenance data
πŸ”Ή Bayesian decision-making for complex long-life assets
πŸ”Ή KPIs for monitoring and preventive interventions in rail
πŸ”Ή Risk-based OEE and total productive maintenance in meat manufacturing

This is a great opportunity to hear current thinking from emerging professionals, explore practical research applications, and support the next generation of asset management practitioners.

πŸ“… Tuesday 9 June 2026
πŸ’» Online
πŸ’° Free for all guests
πŸ”— Register here: www.amcouncil.com.au/raid

🚨 Limited places remaining | Christchurch – Growing Asset Management CapabilityNon-member registrations are now open (su...
01/06/2026

🚨 Limited places remaining | Christchurch – Growing Asset Management Capability

Non-member registrations are now open (subject to availability) for our upcoming New Zealand Chapter event featuring:

⚑ Transpower’s Regulatory Journey and Asset Management Growth
πŸš† Overview of KiwiRail’s New Rolling Stock and Maintenance Facilities, and ISO 55001 Certification

Plus, those attending in person will have the opportunity to participate in an exclusive technical tour of KiwiRail’s new rolling stock and maintenance facilities.

πŸ“… Thursday 11 June
πŸ“ Christchurch | Hybrid event

⚠️ In-person attendance remains capped at 30 participants and registrations close 5 June.

Thank you to Peter Griffiths and our New Zealand Chapter committee for bringing together another fantastic member event.

πŸ”— Learn more and register: https://www.amcouncil.com.au/event/christchurch-growing-asset-management-capability-hybrid-event-technical-presentations-exclusive-kiwirail-tour/

🌱 Expressions of Interest are now open for AMCouncil members to join two new SRiAM working groups.The Sustainability and...
29/05/2026

🌱 Expressions of Interest are now open for AMCouncil members to join two new SRiAM working groups.

The Sustainability and Resilience in Asset Management Special Interest Group, led by Chair Hanane Fares ( Hana ), is seeking members to help develop practical frameworks for:

πŸ”Ή Sustainability in Asset Management
πŸ”Ή Resilience in Asset Management

These working groups will bring together practitioners from across sectors to develop clear, useful guidance that helps asset managers embed sustainable practices, strengthen resilience, and support better decision-making across the asset lifecycle.

This is a member-only opportunity and a valuable way to contribute your knowledge, collaborate with like-minded professionals, and help shape guidance for the broader asset management community.

AMCouncil members: please check your inbox for details on how to submit your Expression of Interest. If you can’t find the email, please contact us and we can resend the information.

Not yet a member but interested in contributing to opportunities like this? Learn more about AMCouncil membership at www.amcouncil.com.au/membership

Expressions of Interest close Monday 15 June 2026 at 5pm AEST.

A data-driven approach to optimising asset performance on a Road Asset Performance ContractHow can data science and AI t...
28/05/2026

A data-driven approach to optimising asset performance on a Road Asset Performance Contract

How can data science and AI transform the way we plan, maintain and optimise road assets?

Jim Mahood and Connor Murphy from Ventia explore how advanced analytics β€” including density-based clustering, machine learning, and emerging hot spotting techniques β€” are being applied to improve maintenance programs and enable deeper root cause analysis.

The paper also highlights the growing role of AI and computer vision in detecting defects and tracking deterioration over time, allowing organisations to refine inspection frequencies and Technical Maintenance Plans. Combined with performance dashboards and weighted defect scoring, these tools are enabling more informed, proactive and efficient decision-making.

πŸ“– Read the full article on page 29 of the latest Asset Journal, available for download here:
https://www.amcouncil.com.au/the-asset-journal/

Keep informed of the latest developments in Asset Management. The Asset Journal Delivered across Australia and available online, the Asset Journal is the AM Council’s official publication boasting topical information on the latest news and developments in asset management and maintenance engineeri...

How can systems thinking help unlock smarter, more effective maintenance and sustainment outcomes?Join the Asset Managem...
27/05/2026

How can systems thinking help unlock smarter, more effective maintenance and sustainment outcomes?

Join the Asset Management Council’s Maintenance & Reliability in Asset Management Special Interest Group for an upcoming webinar exploring:

Systems Thinking for Land Maintenance: Integrating Digital Engineering, Analytics and Machine Learning for Sustainment Optimisation

πŸ“… Wednesday 10 June
πŸ•› 12:00 pm – 1:00 pm AEST
πŸ’» Online webinar
βœ… Free for AMCouncil members
🎟️ Non-members welcome to register for a nominal fee

Featuring speakers Manas Dhiman and Sandeep (Sunny) Jadhav from the Department of Defence – CASG, this session will explore how Systems Thinking principles, combined with Digital Engineering, Machine Learning and advanced analytics, can support better decision-making across complex sustainment environments.

The webinar will examine how integrated digital ecosystems and data-driven approaches can help reduce inefficiencies, improve visibility and governance, and balance cost optimisation with technical integrity and capability assurance.

Thank you to Akshay Athalye, Chair of the AMCouncil Maintenance & Reliability in Asset Management Special Interest Group, who will be facilitating this important discussion.

Register here: https://www.amcouncil.com.au/event/webinar-systems-thinking-for-land-maintenance-integrating-digital-engineering-analytics-and-machine-learning-for-sustainment-optimisation/

Last week, the Asset Management Council Melbourne Chapter hosted a lunchtime technical event exploring Managing Ageing I...
27/05/2026

Last week, the Asset Management Council Melbourne Chapter hosted a lunchtime technical event exploring Managing Ageing Infrastructure at Scale: A Local Government Perspective.

A big thank you to Tze-Sian Hor, Coordinator Asset Management & Systems, Environment & Infrastructure at the City of Stonnington, for sharing practical insights into the challenges of managing large volumes of ageing assets across local government.

The session covered asset-focused business process mapping, AMIS requirements, governance uplift, data standards, asset hierarchy considerations, change management, and the importance of aligning asset processes with finance, works management and broader corporate systems.

Thank you also to Melbourne Chapter Chair Andrew Sarah and the Melbourne Chapter Committee for bringing together another valuable technical event for members and guests.

Every asset management leader knows the challenge.The condition data is solid.The risk is real.The numbers stack up.And ...
25/05/2026

Every asset management leader knows the challenge.

The condition data is solid.
The risk is real.
The numbers stack up.

And yet, the funding request stalls.

Join the Asset Management Council’s Melbourne Chapter for The Capital Investment Playbook – Building Defensible Business Cases, a lunchtime session in the Melbourne CBD with Shane Scriven.

First published in the March 2026 edition of The Asset Journal, SAS-AM’s Capital Investment Playbook explores how to frame asset management proposals in a way that speaks to Board priorities, risk appetite and investment decision-making.

In this session, attendees will learn:

βœ… How Boards actually read papers
βœ… What five director archetypes are looking for
βœ… How to anchor proposals to an existing Risk Appetite Statement
βœ… A seven-block structure for Board papers
βœ… A practical translation layer from engineering KPIs to organisational outcomes
βœ… A pre-mortem template to strengthen business cases
βœ… Five reusable plays, from deferred maintenance through to decarbonisation and capability uplift

πŸ“… Wednesday 17 June
πŸ•› 12:00 pm for 12:15 pm start – 1:15 pm AEST
πŸ“ Melbourne CBD
🎟️ Free for AMCouncil members | Non-members welcome to attend for a nominal fee

This is a practical session for anyone looking to build stronger, more defensible capital investment business cases.

Register now and join us over a light lunch in the city: https://www.amcouncil.com.au/event/melbourne-the-capital-investment-playbook-building-defensible-business-cases/

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PO Box 2004
Melbourne, VIC
3166

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