at Waratah Institute
The reputation of Waratah Institute hinges on excellence in decision making. Good governance plays an important role in decision making by ensuring the Institute meets its strategic, educational, legislative, and community responsibilities.
The centerpiece of corporate governance is a formally constituted governing body, which at Waratah Institute is referred to as the Corporate Board. The Corporate Board is accountable for the governance and performance of the entity overall, including, in the case of registered higher education providers, meeting and continuing to meet the requirements of the Higher Education Standards Framework (Threshold Standards) 2015 (HESF 2015).
Governance at Waratah Institute follows the traditional model of Australian universities, with ultimate accountability for compliance and quality resting with the Corporate Board. Members of the Corporate Board are the primary strategic level decision makers. The Corporate Board has delegated authority for:
- academic matters to the Academic Board;
- risk strategy and management to the Audit and Risk Committee; and
- operational matters to the Executive Management Committee.
These committees are established to meet external statutory and non-statutory requirements.
The Academic Board at Waratah Institute will have sub-committees to support its activities, in particular the Program Advisory Committee, Learning and Teaching Committee and Assessment Review Committee.
The following diagram summarises the relationship between Waratah Institute governance committees.