Audit and Risk Committee
Graham Stuart (Chairman), Warren Lee, Steve Smith, David Hancock and Michael Stiassny.
Terms of Reference of the Audit and Risk Committee
The Terms of Reference require that the Audit and Risk Committee has a minimum of three non-executive directors, the majority of whom are independent. At least one must have a financial or accounting background. The Board appoints the Chair of the Committee, who cannot also be Chair of the Board, and who is an independent director.
Following each meeting the Chair of the Committee provides a report to the Board. The Chair is also required to provide an annual report summarising the Committee's activities, findings, recommendations and results for the past year.
The Committee meets with the external auditors at least twice per year and has regular contact with the internal audit function.
See the Terms of Reference for the Audit and Risk Committee.