Decision details

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.

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