The Board of Austin Engineering Ltd is committed to protecting shareholders’ interests and keeping investors fully informed about the performance of the company’s business. The Directors have undertaken to perform their duties with honesty, integrity, care and diligence according to the law and in a manner that reflects the highest standards of governance.
The Directors have established the processes to protect the interests and assets of shareholders and to ensure the highest standard of integrity and governance of the company.
The ASX Corporate Governance Council sets out best practice recommendations including corporate governance practices and suggested disclosures. ASX Listing Rule 4.10.3 requires companies to disclose the extent to which they have complied with the ASX recommendations and to give reasons for not following them.
The company’s latest Corporate Governance Statement can be accessed in the most recent annual report. Unless otherwise indicated the best practice recommendations of the ASX Corporate Governance Council, including corporate governance practices and suggested disclosures, have been adopted by the company. The Board has adopted formal Charters and Policies as can be accessed in the links below.
In accordance with the requirements of the Workplace Gender Equality Act 2012, Austin Engineering Ltd lodges annual compliance reports with the Workplace Gender Equality Agency (Agency). This reporting requirement commenced from the 2013 financial year. The reports cover the following entities:
- Austin Engineering Ltd;
- Austbore Pty Ltd;
- Pilbara Hire Group Pty Ltd; and
- COR Cooling Pty Ltd.
Employees of the covered entities listed above, may make comments on the report to us by phone, email or to the Agency. Please refer to the Agency’s guidelines on this process on their website www.wgea.gov.au.