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Corporate governance is a matter of high importance in the Company and is undertaken with due regard to all of the Company's stakeholders.
In March 2003 the ASX Corporate Governance Council released their publication "Principles of Good Corporate Governance and Best Practice Recommendations". The Company has based its corporate governance practices on the recommendations below.
- Lay Solid Foundations for Management and Oversight
- Structure the Board to add value
- Promote Ethical and Responsible Decision making
- Safeguard Integrity in Financial Reporting
- Make timely and balanced disclosure
- Respect the Rights of Shareholders
- Recognise and Manage Risk
- Encourage enhanced performance
- Remunerate fairly and responsibly
- Recognise the legitimate interests of Stakeholders
Corporate Governance Statement (download doc).
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