Risk Management Policy

Share Risk Management Policy on Facebook Share Risk Management Policy on Twitter Share Risk Management Policy on Linkedin Email Risk Management Policy link

Consultation has concluded

At the Ordinary Council Meeting held on Thursday 28 April 2022 Council endorsed the review of Risk Management Policy for public exhibition for a period of 28 days from Tuesday 3 May to Tuesday 31 May 2022.

This policy establishes a risk management framework to ensure decisions are made with an understanding of Council’s risk environment and to facilitate the taking of risks and capitalising on opportunities, within Council’s risk appetite, to assist Council meet its strategic objectives.

Council’s Risk Management Policy has been reviewed as a result of the introduction of the Risk Management and Internal Audit Guidelines (the Guidelines), developed by the Office of Local Government (OLG). The Guidelines, to be progressively implemented from 4 June 2022, require councils to demonstrate compliance with AS/NZS ISO 31000:2018 Risk Management – Guidelines.

The Risk Management Policy has therefore been reviewed and updated to:

  • Comply with AS/NZS ISO 31000:2018 Risk Management – Guidelines
  • Satisfy the requirements of The Guidelines; and
  • Improve risk management practice at Council with the articulation of risk appetite statements within the policy.

Send in a submission:
Submissions are invited and must be addressed to the General Manager, Armidale Regional Council, PO Box 75A, Armidale NSW 2350 or sent by email to council@armidale.nsw.gov.au

Submissions close Tuesday 31 May 2022.

Please be aware that if you make a submission, other people may have access to your comments and your name. This may be as a result of a report to a Council meeting. Reports to Council Meetings are available to the public.


At the Ordinary Council Meeting held on Thursday 28 April 2022 Council endorsed the review of Risk Management Policy for public exhibition for a period of 28 days from Tuesday 3 May to Tuesday 31 May 2022.

This policy establishes a risk management framework to ensure decisions are made with an understanding of Council’s risk environment and to facilitate the taking of risks and capitalising on opportunities, within Council’s risk appetite, to assist Council meet its strategic objectives.

Council’s Risk Management Policy has been reviewed as a result of the introduction of the Risk Management and Internal Audit Guidelines (the Guidelines), developed by the Office of Local Government (OLG). The Guidelines, to be progressively implemented from 4 June 2022, require councils to demonstrate compliance with AS/NZS ISO 31000:2018 Risk Management – Guidelines.

The Risk Management Policy has therefore been reviewed and updated to:

  • Comply with AS/NZS ISO 31000:2018 Risk Management – Guidelines
  • Satisfy the requirements of The Guidelines; and
  • Improve risk management practice at Council with the articulation of risk appetite statements within the policy.

Send in a submission:
Submissions are invited and must be addressed to the General Manager, Armidale Regional Council, PO Box 75A, Armidale NSW 2350 or sent by email to council@armidale.nsw.gov.au

Submissions close Tuesday 31 May 2022.

Please be aware that if you make a submission, other people may have access to your comments and your name. This may be as a result of a report to a Council meeting. Reports to Council Meetings are available to the public.