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Utilities bare all

STATE and national utilities and key service providers will announce their Y2K preparedness at a forum on 12 August at the Parmelia Hilton Hotel.

Year2K Industry Program CEO Graeme Inchley said it was vital Australians knew the Y2K status of key national and state service providers.

“If major utilities such fuel, water and electricity are prepared to talk about their level of preparedness, all businesses should follow their lead,” Mr Inchley said.

“For some time now the Year2K National Steering Committee has been calling on business to share information on their Y2K programs.

“This open and honest disclosure is the only way in which people can decide on whether contingency plans are desirable and, if so, in what context.”

The Reserve Bank will be speaking on behalf of the Council of Financial Regulators that includes the Australian Securities and Investments Commission and the Australian Prudential Regulatory Authority.

The Australian Communications Industry Forum will speak on the telecommunications industry’s behalf.

Speakers will discuss how potential risks due to Y2K have been handled, the degree of technology dependence and communication plans to advise customers and the public.

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