NHFIC is committed to maintaining high standards of corporate governance which it considers essential to being a long-term sustainable organisation and to continually act in the best interests of the Australian public.

In order to develop a governance framework that is fit-for-purpose and appropriate for NHFIC’s size and function, NHFIC considered its statutory responsibilities under the NHFIC Act, Investment Mandate, PGPA Act, PGPA Rule and other relevant legislation, as well as the relevant parts of the ASX Corporate Governance Principles & Recommendations (4th edition), which are considered the benchmark for good corporate governance practices in Australia.

Figure 3: The corporate governance structure at NHFIC