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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