Forewarned is forearmed, they say, so I make no apology that from time to time these pages are full of dire warnings of one misconceived legislative initiative or another, such as more strictures on corporate governance from Europe, as explained opposite. But if the political and regulatory environments are going to change, there is no harm in planning early to deal with it. Ideally through individual lobbying efforts, and those of the ACT, we can head off the more damaging ideas. However, the authorities tend to have more stamina than companies do – they persevere for years. So do alert the ACT policy and technical team to any unfavourable proposals you spot and let us know your reactions to the ones we spot.