Decision Maker: Council
Decision status: Recommendations Determined
It is resolved that Council:
(A) adopt the revised Investment Policy and Investment Strategy for the management and investment of Council’s surplus funds, as shown in Attachments A and B to the subject report;
(B) note the findings of the ‘Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry’; and
(C) investigate incorporating stronger corporate and social protections into the next review of the City’s Investment Policy.
The motion, as varied by consent, was carried unanimously.
X020701
Report author: Bill Carter
Publication date: 28/10/2019
Date of decision: 28/10/2019
Decided at meeting: 28/10/2019 - Council
Accompanying Documents: