Council
The Council is the governing authority of the University as prescribed by the Federation University Australia Act 2010 (Vic) and is responsible for the direction and superintendence of the University. The governance model of the University is based on its Council being comprised largely of external members but including members of the University's key internal stakeholders: Higher education and TAFE staff and students, general staff, and the Academic Board.
External and internal members play a significant role in Council's major committees. External members bring to the University independent judgement and a range of expertise that is not readily available at the University. However, external members may have less detailed knowledge of the institution than their internal counterparts. This mixed membership of the governing body is designed to ensure appropriate governance accountability for the University.
Charters
The Council may delegate certain functions to Committees and management for the effective governance of the University including academic governance.
Charters for Council and its Committees established under delegations clearly define the respective roles, responsibilities and authorities for the following governance bodies:
- Council
- Governance and Strategy Committee (Standing Committee of Council)
- Audit and Risk Management Committee (Standing Committee of Council)
- Resources Committee (Standing Committee of Council)
- Senior Appointments and Remuneration Committee (Standing Committee of Council)
- Inclusion Committee (Standing Committee of Council)
- Investment Management Subcommittee (Subcommittee of the Resources Committee)