Role

The role of the Building and Estates Committee is to monitor and advise Senate on:

Planning, development, general infrastructure

Matters of planning, development and general oversight of the management of the University’s real property and physical infrastructure with particular reference to:

• major capital developments;
• infrastructure management;
• operating resource allocation;
• sustainability;

Risk management

Effective risk management in the areas covered by the Committee’s Terms of Reference; and

Reviews

Conducting reviews in the areas covered by the Committee’s Terms of Reference.

Members

Attendees

Any other members as determined by the chair

Purpose

The role of the Senate Finance Committee (“Committee”) is to monitor and support Senate on:

a) the University’s:

(i)       financial standing;

(ii)      financial performance;

(iii)     financial management; and

(iv)     investment strategy;

b) the financial sustainability of the University, including by reviewing and evaluating the financial impact of:

(i)       strategic proposals and business cases (including risk assessment and benefits realisation);

(ii)      budget and planning priorities;

(iii)     resource and capital allocation; and

(iv)     commercial activities;

c) management of financial risks, including those associated with subsidiaries, controlled entities, research-related investments and other investments (including minority interests)

d) managing the University’s Future Fund, other investments, short-term portfolio, cash flow and liquidity positions

e) reviewing sustainability and Environmental, Social and Governance (ESG) disclosure obligations and external reporting; and

f) conducting reviews in the areas covered by the Committee’s Terms of Reference.

Members

Attendees

Other members determined by the chair.

Purpose

The role of the Senate Finance Investment Subcommittee is to support the Senate Finance Committee in fulfilling its responsibilities for:

a) the University’s investments in the Long-Term Fund, the Medium-Term Fund and the Short-Term Fund, including:

i.          investment policies;

ii.         investment strategies; and

iii.        the sustainability of investment activities.

b) oversee strategies for managing the University’s investments in the Funds, including:

i.          policies;

ii.         mandates;

iii.        asset allocations;

iv.        earnings targets;

v.         spending goals and limits; and

vi.        financial risks.

Members

Attendees

Others determined by the Chair

Purpose

The role of the People, Culture and Safety Committee is to:

a) monitor and advise Senate on:

i.         the development of culture and leadership to enable a high-performing environment aligned with the University’s values and strategic objectives

ii.        implementation of policies, processes, and systems for workforce strategy, health, safety and wellbeing, relevant legislative requirements, and delivery of core HR services

iii.        risk management in areas covered by the Committee’s Terms of Reference, including legislative compliance

iv.       reviews in the areas covered by the Committee’s Terms of Reference or Delegations, including the need for any external advice.

v.        mechanisms for communicating with and listening to key stakeholders, including staff, students, unions, government, and Aboriginal and Torres Strait Islander people

b) advise Senate on the remuneration and terms of employment of the Vice-Chancellor

c) determine the remuneration and terms of employment of executive positions defined in the Executive and Senior Professional Staff Remuneration Policy and any non-executive direct reports to the Vice-Chancellor.

Members

Attendees

Any others as determined by the chair when necessary.

Purpose

The role of the Senate Audit, Risk and Compliance Committee is to monitor and have oversight of risk management, audit, insurances, sustainability, data governance and compliance and advise Senate on:

(a)   the adequacy, integrity and effectiveness of the University’s systems of:

(i)  risk management;

(ii) internal control; and

(iii) legislative compliance

not dealt with by another Committee of Senate;

(b)  the appropriateness and effectiveness of these systems in supporting the University’s strategic objectives

(c)  the University’s:

       (i) Enterprise Risk Framework

       (ii) Risk Appetite Statement

(d)  risk management, including policies and controls

(e)  legislative compliance

(f)   internal audit

(g)  insurances

(h)  Data governance

(i) environmental, social and governance (ESG) matters, including environmental and sustainability risk and compliance.

Members

Additional members

Senate may, on the advice of the committee, or on its own volition, co-opt additional members as required.

Attendees

Other members determined by the chair:

Members

Additional members

Senate may, on the advice of the committee, or on its own volition, co-opt additional members as required.

Members

Additional members

Senate may, on the advice of the committee, or on its own volition, co-opt additional members as required.