Version 1.0 (Endorsed: 15 September 2026)
The Audit and Risk Committee (Committee) supports Council in meeting its obligations under the Local Government Act 2020 (the Act) and complying with obligations arising from other legislation applying to Council operations. It supports Council’s adherence to the overarching governance principles in section 9, in particular but not limited to, those relating to transparency, compliance and financial sustainability. As an advisory Committee of Council, the Committee works independently of and cooperatively with Council management.
The purpose of the Committee is to support Council in discharging its responsibilities through monitoring and advising on:
- The compliance of Council policies and procedures with the overarching governance principles, the Local Government Act 2020 and regulations, other legislative obligations and any Ministerial directions.
- Council’s financial and performance reporting.
- Council’s risk management and fraud prevention systems and controls.
- Providing oversight of Council’s internal and external audit functions.
The Committee is also responsible for monitoring and advising on:
- The standard of the internal control environment and effectiveness of assurance activities.
- Council’s governance practice, including compliance with its policies, legislative and regulatory requirements.
- Protection and control of Council assets.
- Whether risks are being identified, assessed, managed and monitored in a manner consistent with Council’s strategic objectives, risk appetite, and community expectations.