Post-Election Focus for Boards and Executives: Emerging Technology, AI, and Cybersecurity

Post-Election Focus for Boards and Executives: Emerging Technology, AI, and Cybersecurity

Introduction

With the Labor Party’s commanding victory, Australia enters a period of decisive reform. The incumbent government’s continued leadership brings both stability and heightened expectations: responsible innovation, robust regulatory frameworks, sustainability, cybersecurity, and national resilience will remain front and centre. For boards and senior executives, this is not merely a time of political change - it is a strategic signal to align technology, governance, and risk strategies with intensified regulatory and social demands.

As the financial year turns over, organisations must ensure that their emerging technology investments not only deliver innovation but also meet elevated ethical, environmental, and compliance obligations under Labor’s strengthened policy mandate. The continuity of government means no reprieve or delay; proactive alignment is critical to avoid falling behind as national priorities accelerate.

Why Post-Election Changes Matter

The outcome of a federal election shapes Australia’s policy direction, regulatory environment, investment incentives, and geopolitical stance. While some technology trends are global, local political decisions can accelerate, delay, or reshape their implementation. Boards must actively scan the post-election landscape for signs of change that will influence their technology, risk, and investment strategies. Rather than preparing for policy reversals or directional shifts, boards now face the certainty of a government that will accelerate the reform agenda it began in the previous term. This places renewed pressure on organisations to execute - not just plan - for alignment with emerging legislative and regulatory expectations.

The Current Landscape and New Financial Year Outlook

The current business landscape is marked by stabilizing inflation, ongoing workforce constraints, rising cyber threats, and accelerating digital transformation. Australian businesses are actively adopting emerging technologies like AI to drive efficiency and innovation. However, low AI literacy across many sectors and within leadership teams remains a significant barrier, often slowing adoption and creating governance gaps. Without strong internal understanding, organisations risk falling behind competitors who more effectively integrate AI into decision-making and operations. With Labor’s return, continued policy pressure will accelerate expectations around AI readiness, post-quantum resilience, and workforce upskilling. As the financial year turns over, many organisations will reassess their budgets, investment strategies, and performance metrics. This is a pivotal window to recalibrate technology roadmaps, review risk appetites, and align governance frameworks to emerging trends. For example, the intersection of AI, agentic agents, and quantum computing readiness is no longer speculative; it is increasingly material to how businesses manage risk and create value.

Additionally, as the insurance market evolves, particularly around cyber risks and quantum preparedness, premiums may begin reflecting organisational maturity in these areas. Companies that take proactive steps will not only improve resilience but may also reduce financial exposure through better insurance terms and improved market confidence. The new financial year offers a chance to put these forward-looking strategies into motion.

Emerging Technology Priorities

Artificial intelligence can drive efficiency, customer insight, and innovation, but it requires clear governance, ethical oversight, and alignment with regulatory expectations. Quantum computing preparedness is moving from a future concern to an emerging insurance and risk factor. Boards need to understand that quantum computing poses a threat to encryption and secure communications; insurance companies are beginning to model premiums based on an organisation’s preparedness for a post-quantum world. Early adoption of quantum-safe strategies signals responsible governance and risk management. Automation offers rapid productivity gains, but its success depends on workforce readiness and thoughtful implementation—a point I’ve covered in past articles on digital transformation and cybersecurity’s enabling role.

Agentic Agents and Emerging Agent Technologies

Boards and executives must also focus on the rapid rise of agentic agents - autonomous software systems capable of making decisions, coordinating tasks, and acting on behalf of human operators. These technologies have the potential to significantly boost operational efficiency while simultaneously introducing governance and risk complexities. It is critical that boards establish clear policies addressing agent autonomy, accountability, and oversight. Executives should assess opportunities for leveraging agentic systems to deliver measurable value while ensuring robust monitoring and intervention safeguards are firmly in place - extending earlier discussions I’ve published on aligning AI governance with effective board oversight.

As organisations integrate AI into their operations, regulatory frameworks addressing artificial intelligence are likely to emerge with greater urgency under Australia's current political leadership. The Labor government’s commitment to ethical innovation and compliance heightens the possibility of such oversight arriving sooner than anticipated. Boards and executives must proactively anticipate these potential legislative shifts, which will demand robust governance frameworks to manage AI-related challenges such as bias mitigation, transparency, and accountability. These measures will not only ensure compliance but also bolster competitive positioning in a rapidly evolving technological landscape.

Cybersecurity Landscape

Cybersecurity must be treated as a foundational investment, not a reactive cost. As new technology initiatives launch, cyber risks grow—from ransomware to supply chain attacks. Early collaboration between business leaders, technology teams, and security architects is essential to embed controls from the outset, reducing long-term costs. Under Labor’s continued implementation of the Australian Cyber Security Strategy, cybersecurity obligations are expanding - including greater pressure on directors to demonstrate active oversight. Cyber resilience is now a board-level duty, with regulatory bodies expected to increase scrutiny and enforcement over the next 12-18 months. This builds on points I’ve explored previously about cybersecurity’s integration into digital strategy and converged IT/OT environments.

Key Points for Boards and Executives

  • Tie technology investment to business outcomes: Ensure every initiative links to clear business goals.
  • Integrate cybersecurity early: Engage security teams from the planning phase, not after implementation.
  • Understand quantum risk: Boards should ensure organisations are exploring quantum-safe strategies, understanding how insurers are factoring quantum readiness into risk models.
  • Assess agentic technologies: Build governance understanding at the executive and board level to oversee these new autonomous systems.
  • Address AI literacy gaps: Invest in board and executive training to ensure informed oversight of AI strategy and risks.
  • Focus on workforce transformation: Prioritise reskilling and upskilling.
  • Strengthen supply chain oversight: Conduct rigorous third-party risk assessments.
  • Establish cybersecurity KPIs: Embed resilience measures into executive reporting.
  • Maintain executive fluency: Build ongoing understanding of emerging tech and cyber risk, as I’ve emphasised in prior board-level articles.

Actionable Steps for Executives

Executives should use the financial year transition to review technology portfolios, prioritise high-return projects, and ensure cybersecurity is integrated from the beginning. Engage risk teams, set clear KPIs, and establish early partnerships with trusted technology and security providers. For agentic agents, launch controlled pilots with strong governance, and for quantum, begin preparations before the insurance market enforces premium penalties. Critically, address internal gaps in AI literacy to ensure leadership teams can make confident, informed decisions.

Conclusion

With political continuity and policy acceleration, boards and executives have a clear window to act decisively. This is not a reset, but a runway - one where proactive, accountable investment in AI, cybersecurity, and emerging technology governance will define the leaders of Australia’s next digital era. This article extends and aligns with the frameworks I have laid out in earlier writings on emerging technology, AI adoption, OT security, and AI governance refer to my full LinkedIn article series for deeper context). Boards and executives who take proactive, integrated action now will ensure their organisations not only grow but thrive securely and efficiently.


Angelica Cantos

Co-Founder and Director at ITVA | Creative and Smart Solutions for IT Services Businesses and Leaders

4mo

Embracing emerging technologies is crucial for staying competitive and driving innovation. Shaun Price's analysis highlights the importance of strategic planning in navigating the evolving tech landscape. Definitely a must-read for industry leaders!

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