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Thank you for your interest in this project. This consultation has now concluded.
The purpose of the Investment Policy is to establish a framework for making decisions regarding the appropriate investment of Council’s cash or cash equivalent funds. It is designed to ensure that Council and its representatives exercise the care, diligence and skill that a prudent person would exercise in investing Council’s funds.
It is a guide to the investment process, and also ensures that Council’s investment portfolio:
is adequately protected from a potential loss of capital or interest, from investing in high risk products, and;
achieves appropriate rates of return, and maintains sufficient levels of liquidity and flexibility.
Before amending a policy it needs to be placed on exhibition so the community can have their say on this decision.
Council's current adopted Investment Policy has been reviewed with a number of changes proposed. The changes proposed are both minor, and also more significant in nature. The draft Investment Policy 2017 is available for review or please refer to the Summary of Investment Policy changes.
To share your views about amendments to the policy, use the Submission tab below or send an email or post your response to:
Post: The General Manager Port Macquarie-Hastings Council PO Box 84 Port Macquarie NSW 2444
Further details may be obtained by contacting Monika Bretmaisser, Financial Operations Manager on (02) 6581 8111 or by email at council@pmhc.nsw.gov.au.
Submissions close Tuesday 24th October 2017.
The purpose of the Investment Policy is to establish a framework for making decisions regarding the appropriate investment of Council’s cash or cash equivalent funds. It is designed to ensure that Council and its representatives exercise the care, diligence and skill that a prudent person would exercise in investing Council’s funds.
It is a guide to the investment process, and also ensures that Council’s investment portfolio:
is adequately protected from a potential loss of capital or interest, from investing in high risk products, and;
achieves appropriate rates of return, and maintains sufficient levels of liquidity and flexibility.
Before amending a policy it needs to be placed on exhibition so the community can have their say on this decision.
Council's current adopted Investment Policy has been reviewed with a number of changes proposed. The changes proposed are both minor, and also more significant in nature. The draft Investment Policy 2017 is available for review or please refer to the Summary of Investment Policy changes.
To share your views about amendments to the policy, use the Submission tab below or send an email or post your response to:
Post: The General Manager Port Macquarie-Hastings Council PO Box 84 Port Macquarie NSW 2444
Further details may be obtained by contacting Monika Bretmaisser, Financial Operations Manager on (02) 6581 8111 or by email at council@pmhc.nsw.gov.au.
Writing a submission is one way of
sharing your views and opinions with Council. All submissions are considered
before making a decision and your submission may be included in a report to
Council. Submissions close 24 October 2017.
Note: Submissions and petitions are
public information and may be made public. If you wish to have information in
your submission suppressed, you will need to request this in writing.
Thank you for your interest in this project. This consultation has now concluded.
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