Draft Investment Policy

What does the Investment Policy do?

Council is legally required to manage public funds responsibly and with care. The Investment Policy is largely guided by State Government requirements and is quite technical. It sets out the rules and standards that guide Council staff in safely investing any surplus funds held by Council.


Recommended changes to the policy

Updates have been made to make sure the policy reflects current legislation, best practice and Council's financial priorities.

Key updates and additions

  • Align the policy with the most recent Office of Local Government Investment Policy guidelines.
  • Expand the list of definitions.
  • Add new or updated sections, including:
    • 4.1 Approved Investments
    • 4.2 Prohibited Investments
    • 4.3 Delegated Authority
    • 4.7 Legal Title
    • 4.11 Duties and Responsibilities of Council Officers


Amended section

  • 4.5 Diversification and Credit Risk Guidelines:
    • Simplify the credit limit tables to align with credit rating agency categories.
    • Adjust percentages within the new credit rating categories.
    • Update provisions on Ethical Investments and Australian Domiciled Institutions.


Why are these changes recommended?

Council's Investment Policy should be reviewed at least once every Council term. Regular review ensures it:

  • stays compliant with legislation
  • aligns with Council's financial priorities
  • reflects current economic conditions
  • ensures staff manage public funds carefully and responsibly


What does this mean for the community?

By reviewing and updating the Investment Policy, Council:

  • manages public money safely
  • ensures investments comply with the law
  • invests funds in line with community priorities and expectations.


Have your say

You're invited to provide your feedback by 4 pm, Wednesday 22 October 2025. Submit your feedback in one of the following ways:

  • Online: using the feedback form below
  • Email: tsc@tweed.nsw.gov.au Subject: Investment Policy
  • Mail: General Manager, Tweed Shire Council, PO Box 816 MURWILLUMBAH NSW 2484 Subject: Investment Policy

What does the Investment Policy do?

Council is legally required to manage public funds responsibly and with care. The Investment Policy is largely guided by State Government requirements and is quite technical. It sets out the rules and standards that guide Council staff in safely investing any surplus funds held by Council.


Recommended changes to the policy

Updates have been made to make sure the policy reflects current legislation, best practice and Council's financial priorities.

Key updates and additions

  • Align the policy with the most recent Office of Local Government Investment Policy guidelines.
  • Expand the list of definitions.
  • Add new or updated sections, including:
    • 4.1 Approved Investments
    • 4.2 Prohibited Investments
    • 4.3 Delegated Authority
    • 4.7 Legal Title
    • 4.11 Duties and Responsibilities of Council Officers


Amended section

  • 4.5 Diversification and Credit Risk Guidelines:
    • Simplify the credit limit tables to align with credit rating agency categories.
    • Adjust percentages within the new credit rating categories.
    • Update provisions on Ethical Investments and Australian Domiciled Institutions.


Why are these changes recommended?

Council's Investment Policy should be reviewed at least once every Council term. Regular review ensures it:

  • stays compliant with legislation
  • aligns with Council's financial priorities
  • reflects current economic conditions
  • ensures staff manage public funds carefully and responsibly


What does this mean for the community?

By reviewing and updating the Investment Policy, Council:

  • manages public money safely
  • ensures investments comply with the law
  • invests funds in line with community priorities and expectations.


Have your say

You're invited to provide your feedback by 4 pm, Wednesday 22 October 2025. Submit your feedback in one of the following ways:

  • Online: using the feedback form below
  • Email: tsc@tweed.nsw.gov.au Subject: Investment Policy
  • Mail: General Manager, Tweed Shire Council, PO Box 816 MURWILLUMBAH NSW 2484 Subject: Investment Policy
Page last updated: 29 Sep 2025, 02:10 PM