2025 AI Risk Checklist Australia for SMEs — Practical Controls & Templates

Step-by-step, regulator-aware controls and templates to manage AI operational, privacy and regulatory risk for Australian small and medium businesses.

Graham Chee
Graham CheePrincipal Advisor & Founder
FCPA
GRCP
GRCA
IAIP
IRMP
ICEP
IAAP
Published 10 March 2026
Expert Content Verification

Content reviewed and verified by Graham Chee, with 25+ years in accounting, taxation, investment management, governance, risk & compliance. Last reviewed March 2026. Next review scheduled for June 2026.

Why Australian SMEs need an AI risk checklist in 2025 (NSW & national risks)

10-step AI operational risk controls for SMEs — checklist and responsibilities

Privacy & OAIC compliance: a short checklist for Australian businesses using AI

Small business AI governance template: roles, policies and recordkeeping

Vendor due diligence, data management and incident response — quick audit rubrics

Real client examples: how we remediated model bias and data leakage (case studies)

Next steps: monitor, report to ACCC/OAIC and continuous improvement

Frequently Asked Questions

Expert Perspective

Next steps & how we can help

About the Author

Graham Chee

Graham Chee, FCPA, GRCP, GRCA, IAIP, IRMP, ICEP, IAAP

Principal Advisor & Founder

Graham Chee is a highly qualified business advisor with over 25 years of professional experience spanning accounting, taxation, investment management, governance, risk, and compliance. As a Fellow of CPA Australia (FCPA), Graham brings deep technical expertise combined with practical business acumen. His qualifications include Governance Risk and Compliance Professional (GRCP), Governance Risk and Compliance Auditor (GRCA), Integrated Artificial Intelligence Professional (IAIP), Integrated Risk Management Professional (IRMP), Integrated Compliance and Ethics Professional (ICEP), and Integrated Audit and Assurance Professional (IAAP). Graham has advised hundreds of Australian SMEs on strategic planning, succession, business valuation, and compliance matters, helping business owners build sustainable, valuable enterprises.

Areas of Expertise:

Strategic Business Advisory
Taxation Planning & Compliance
Business Valuation
Succession Planning
Investment Management
Governance & Risk
Regulatory Compliance
Financial Reporting
Experience: 25+ years in accounting, taxation, investment management, governance, risk & compliance

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