Planning and Resources Committee
The role of the Planning and Resources Committee (PRC) is to recommend the strategic directions of the University to Council, in the context of development of the University’s plans and their resourcing strategies.
The Committee also provides advice to Council on issues arising from these plans. The key areas of concern to the Committee are planning and strategy, financial resources, asset management (including information technology) and human resources.
Members of the PRC include the Deputy Chancellor (who currently chairs the Committee), the Vice-Chancellor and President, the Executive Dean of the Faculty of Arts, Business and Law, four members with specific expertise in strategic financial management and planning and up to two members co-opted by the Chancellor.
The Chancellor, Senior Deputy Vice-Chancellor, Chief Operating Officer and the Chief Financial Officer attend meetings. In addition the Directors of Asset Management Services, Capital and Commercial, and Human Resources attend meetings where appropriate.
Audit and Risk Management Committee
The Audit and Risk Management Committee (ARMC) has five major areas of responsibility:
- Monitoring internal control and risk management
- Monitoring of internal audit activities
- Monitoring of external audit activities
- Oversight and appraisal of financial reporting
- Oversight of any fraud or ethics issues
Membership consists of a minimum of four and a maximum of six persons and at least one member of Council.
At least one ARMC member must be a member of the professional accounting or audit bodies in Australia and have a professional accounting, management consultancy or audit background.
At least one member should possess expertise within the education sector. Membership is approved by Council.
The initial term of office of members is a period not exceeding three years, and may be extended for further terms subject to the composition and skill requirements of the Committee.
Honorary Awards Committee
The Honorary Awards Committee seeks, considers and recommends to University Council nominations for honorary awards, in accordance with the University's Honorary Awards – Governing Policy.
In addition to the Deputy Chancellor, the Committee’s membership currently comprises the Vice-Chancellor and President, the Senior Deputy Vice-Chancellor and two University Council members
The Chancellor’s Committee
The Chancellor’s Committee is accountable to Council for fulfilling the following roles:
- reviewing on an annual basis and approving on delegated authority of Council, the remuneration and conditions of the Vice-Chancellor and President, and determining any changes to current practices to ensure that remuneration and conditions of the Vice-Chancellor and President are maintained at a market level and are consistent with University policy
- approving, on delegated authority of Council, any performance pay bonuses and special payments for the Vice-Chancellor and President.
The Committee comprises the Chancellor, Deputy Chancellor and one external member of Council appointed by Council.