Corporate Governance

The IBA Board reports to the Minister for Families, Housing, Community Services and Indigenous Affairs. The Board recognises the importance of sound governance principles and practices to ensure that IBA meets its objectives. This includes the processes by which IBA is directed, controlled and held to account and, in particular, the policies, structures and processes to meet its objectives and its legal and other responsibilities.

We will achieve our vision and objective by having the right business processes:

• to display good corporate governance
• to provide a framework of accountability
• to enable business to be carried out in an efficient and effective manner

The Board recognises the following governance principles to:

• establish and disclose the respective roles and responsibilities of the Board and management
• efficiently and effectively exercise key Board functions, including ethical and responsible decision making
• exercise sound Board governance processes to facilitate achievement of IBA objectives
• strive for continuous improvement in Board and IBA processes.

The Minister, the IBA Board and management have distinct roles in IBA’s corporate governance.