Project background

Council's Investment Policy outlines how and with whom Council’s surplus cash can be invested. It sets out specific requirements relating to Institutional Credit Ratings, Portfolio Limits, Counterparty Limits and Maximum Tenor allowed for investments.

The main change to the policy involves increasing the proportion of the investment portfolio able to be held in lower rated and smaller ADIs (Approved Deposit taking Institutions), which may bring better financial returns and more investment in non-fossil fuel lending institutions.

The draft Investment Policy was on public exhibition from 26 June - 24 July 2025.