Governance Policies

Fit-for-purpose policies have been developed to ensure that we operate in the public interest by balancing our public sector accountabilities with our investment mandate. This includes a core suite of governance charters, policies and frameworks.

AI Transparency Statement

We are committed to responsible and transparent use of Generative Artificial Intelligence (GenAI) technologies to enhance workplace productivity. This transparency statement is prepared in accordance with the Standard for AI transparency statements (v1.1) published by the Digital Transformation Agency.

AI Transparency Statement

Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) Program

We are a reporting entity under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).  We have an independently reviewed AML/CTF program aimed at identifying and managing money laundering and terrorism financing risks. The AML/CTF program includes a framework for reporting suspicious matters to AUSTRAC together with comprehensive ‘know your customer’ procedures and ongoing customer due diligence and transaction monitoring procedures.

Board Charter

The Board Charter sets out the structure, function, duties and responsibilities of our Board and the duties and responsibilities of management.

Board Charter

Board Audit and Risk Committee (BARC) Charter 

The BARC describes the duties and responsibilities of the BARC in exercising its primary functions including financial reporting, performance reporting, risk management and oversight and the internal control environment.

Board Audit and Risk Committee (BARC) Charter

Code of Conduct

The Code of Conduct outlines the obligations and responsibilities of our employees in relation to general duties, use of information and personal behaviour. Our employees are required to comply with the Code of Conduct with sanctions in place in the event of a breach.

Complaint Handling Policy  

We value feedback and are committed to an effective complaints-handling process that reflects the needs, expectations, and rights of all complainants. The objective of our Complaint Handling Policy is to ensure that we have a structured process for responding to, recording and reporting complaints.

Complaint Handling Policy

Compliance Management Framework

This framework details our approach to compliance management including compliance obligation identification, analysis, management, monitoring and reporting.

Conflicts of Interest Policy

This policy sets out our approach to the effective identification and management of potential, perceived and actual conflicts of interest that affect us, our employees, Board members and our Service Providers. 

Environment and Social Review of Projects Policy

Provides a framework to guide our Executive in assisting the Board in making Investment Decisions and the Board in discharging its functions in relation to the assessment of a proposed project’s environmental and social and related project governance risks.

Environment and Social Review of Projects Policy

Equal Employment Opportunity Annual Program Report

Committed to fostering a diverse and inclusive workforce, our organisation adheres to the principles of Equal Employment Opportunity to ensure fair treatment and career advancement for all employees.

Equal Employment Opportunity Annual Program Report

Freedom of Information Policy

This policy sets out the approach to, and management of, access to information including how we will comply with our obligations under the Freedom of Information Act 1982 (Cth).

Freedom of Information Policy

People and Remuneration Committee (PRemCo) Charter

The Charter sets out the role, responsibilities and composition of our People and Remuneration Committee.

Privacy Policy

Our Privacy Policy describes how we collect, use and disclose personal information and implement the requirements of the Privacy Act 1988 (Act) and any rules, regulations or principles made under that Act. We comply with the Privacy Code (Australian Government Agencies — Governance) APP Code 2017 (Privacy Code). 

Privacy Policy

Our register of completed Privacy Impact Assessments (PIAs) is updated on a 6-month basis.

Privacy Impact Register

Procurement Policy 

The Procurement Policy establishes our core procurement principles, including value for money, and efficient, effective, economical, and ethical procurement. Aligning with our purpose, there is a focus on procuring from northern Australia and supporting First Nations suppliers.

Procurement Policy

Public Interest Disclosure Policy

The Public Interest Disclosure Act (PID Act) promotes integrity within the Commonwealth public sector by providing a framework for Commonwealth officials to disclose suspected wrongdoing and for agencies to investigate and respond to such disclosures. This Policy applies to all public officials under the PID Act and includes all current and former employees of the organisation as well as our Directors.

Public Interest Disclosure Policy

Risk Management Policy and Framework

Our approach to risk management aligns with the International Standard for Risk Management, (ISO31000), the requirements of the NAIF Act and Commonwealth Risk Management Policy. The consistent approach to risk oversight, management, and internal controls is designed to support the organisation in the achievement of its strategic business imperatives.

We consider risk management an enabler to seize opportunities to achieve our purpose and strategic business imperatives. Risk Management is seen as an organisation-wide responsibility. Effective and sound risk management practices are integral across all aspects of our operations.

Our quarterly Risk Management and Compliance Report (RMAC Report) provides ongoing monitoring and reporting of our Key Enterprise Risks (KERs).

Read more about our Risk Management Approach