In March 2003, the ASX released its “Principles of Good Corporate Governance and Best Practice Recommendations”.  In August 2007 the ASX released its Second Edition “Corporate Governance Principles and Recommendations” – click here to go to ASX webpage.

The second edition contains 8 Principles broken into numerous Recommendations which deal with various aspects of what the ASX Corporate Governance Council considers to be "best practice" with respect to corporate governance.

The principles provide a good reference in determining best practice, while recognising that one size does not fit all.

Other than those relating to audit committees for the Top 500 Companies, a listed entity can choose not to follow a recommendation. If it does not follow a particular recommendation, it must explain why in its annual report (ie the "if not, why not" approach). View the Trust's current Corporate Governance Statement ( Adobe PDF Document, 98 KB).

The following documents provide additional information on our corporate governance practices:

• Board Charter ( Adobe PDF Document, 226 KB)
• Code of Conduct ( Adobe PDF Document, 214 KB)
• Continuous Disclosure and Communication Policy ( Adobe PDF Document, 247 KB)
• Unit Trading Policy ( Adobe PDF Document, 225 KB)

Documents in the PDF file format can be viewed and printed using the Adobe Acrobat Reader. If you do not have Adobe Acrobat Reader simply download a free version from the Adobe Web Site.