The Finance Committee has responsibility for the provision to Council of expert advice on both the University's financial performance in the current year and also the financial implications of any future plans.

Finance Committee Terms of Reference
Finance Committee Meeting Schedule 2019
Finance Committee Meeting Schedule 2018

Finance Committee Terms of Reference

Reporting relationships

Finance Committee is to provide expert advice to the Council both on the University's financial performance in the current year and also the financial implications of any future plans.

1. Review and monitor the University's performance against financial benchmarks established by Council.

2. Review and advise Council on the University's budget and annual financial statements.

3. Review regular financial reports and, where appropriate, provide advice to Council on the implications of these.

4. Consider and make appropriate recommendations to Council on any matters having a significant financial impact on the University.

5. Advise Council on the short, medium and long term financial implications of the University's Plans.

6. Advise Council in relation to:

(i) the extent and adequacy of the University's insurance coverage (at least annually) 
(ii) the Treasury Management Policy of the University
(iii) the University's borrowing program (on a regular basis)
(iv) any contracts in excess of $5m requiring Council approval.

7. Advise Council in relation to the capital program and monitor the progress of major capital projects.

8. Receive the annual reports and financial statements of the University’s controlled and associated entities.

9. Approve and monitor an investment policy for Foundation funds and monitor investment performance against benchmarks.

10. Exercise authority delegated to it by Council.

11. Consider any matters referred to it by Council or the Vice Chancellor.

Membership

  • 4 community members of Council with financial expertise
  • 1 external member of the community with financial expertise
  • Vice Chancellor (ex officio)
  • Chief Operating Officer (ex officio)

Observers

  • Finance Committee, through its Chair, may request the presence of other officers of the University from time to time.
  • The Chancellor, while not a member of the Committee, has the right to attend all Finance Committee meetings as an observer.
  • The Chief Financial Officer and the Director: Assurance Services are invited to attend all meetings of Finance Committee.

 Established 2000; revised 15 December 2016

Finance Committee Meeting Schedule 2019

Meeting Date / TimeLocationPapers Circulated

Friday 8 February 2019
3.00pm - 5.00pm

International Room (H5-24)
Level 5, Hawke Building
Thursday 31 January 2019

Friday 29 March 2019
2.00pm - 4.00pm

International Room (H5-24)
Level 5, Hawke Building
 Thursday 21 March 2019

Monday 15 April 2019
8.45am - 12.00pm
8.45am Finance Committee then
Joint Meeting commences 9.00am

International Room (H5-24)
Level 5, Hawke Building
Monday 8 April 2019

Friday 21 June 2019
10.00am - 12.00pm

Business School Hub
Yungondi Building
Thursday 13 June 2019

Tuesday 30 July 2019
 1.00pm - 3.00pm

International Room (H5-24)
Level 5, Hawke Building
Monday 22 July 2019

Tuesday 8 October 2019
10.00am - 12.00pm

Cancer Research Institute (HB11-23)
Level 11
Friday 27 September 2019

Friday 15 November 2019
10.00am - 12.00pm

International Room (H5-24)
Level 5, Hawke Building
Monday 7 November 2019

Finance Committee Meeting Schedule 2018

Meeting Date / TimeLocationPapers Circulated

Friday 9 February 2018
10.00am - 12.00pm

 International Room (H5-24)                       
 Level 5, Hawke Building

 Monday 5 February 2018

Thursday 29 March 2018
2.00pm - 4.00pm

 International Room (H5-24)
Level 5, Hawke Building

 Thursday 22 March 2018

Monday 9 April 2018
9.00am - 12.00pm

VC Meeting Room,
Level 4, Hawke Building

Monday 2 April 2018

Thursday 7 June 2018
10.00am - 12.00pm

Business School Hub,
Yungondi Building

Thursday 31 May 2018

Thursday 26 July 2018
10.00am - 12.00pm

International Room (H5-24)
Level 5, Hawke Building

Thursday 19 July 2018

Tuesday 9 October 2018
10.00am - 12.00pm

International Room (H5-24)
Level 5, Hawke Building

Tuesday 2 October 2018

Tuesday 20 November 2018
10.00am - 12.00pm

International Room (H5-24)
Level 5, Hawke Building

Tuesday 13 November 2018