October 2024 Board update

Finance, Audit and Risk Committee remuneration

The Board approved the proposed increase to the remuneration rates of Finance Audit and Risk Committee members and Chair. This is commensurate with the designated range for members and Chair in a category B1 body under the Public Sector Appointment and Remuneration Guidelines.

Co-CEOs remuneration adjustment

The Board endorsed the Executive Performance and Remuneration Committee’s decision to approve a salary increase for the Collaborative Centre Co-CEOs. This is in line with the Premier’s annual salary adjustment guideline for public sector executives effective from 1 July 2024.

Board risk appetite

The Board reviewed the updated risk appetite statement. The Board agreed on expanded set of risk categories to cover current and anticipated risks. The Board’s risk appetite for each risk category was discussed and agreed. The Finance, Audit and Risk Committee will review the amended risk appetite statement.

205 Queensberry St

The Board received an update on 205 Queensberry St including design layout plans and progress with procurement for fit out works.

Sector engagement

The Board discussed the need to build on the success of the Translational Research Strategy launch which had wide representation across the mental health sector and outside the sector. The Board agreed the Collaborative Centre should host a sector wide forum in April next year that showcases reform insights and successes.

Meeting with the Minister for Health

The Board discussed the meeting that the Chair, Deputy Chair and Co-CEOs are having with the Minister and agreed on key discussion points.

Terry Laidler
Chair

Maria Katsonis
Deputy Chair

15 October 2024