Australian Government - Royal Australian Mint

Annual Report 2005-06

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Corporate Governance

Significant Developments in External Scrutiny

There were no significant developments in external scrutiny relating to judicial decisions and administrative decisions of administrative tribunals impacting on the Mint.

Similarly, there were no reports by the Auditor-General, a Parliamentary Committee or the Commonwealth Ombudsman significantly or directly impacting on the Mint.

Ethical Standards and Accountability

The Mint has its own agency values which guide the way it functions within the broader Australian Public Service legislative framework. The Mint's people values are very much aligned with the Australian Public Service values and are embedded in the Mint Agency Agreement and Performance Management System.

The Mint maintains ethical standards through developing policies such as the Fraud Control Plan, the Chief Executive's Instructions, IT acceptable use policies and contractor and consultant guidelines.

The Mint will be implementing fraud and ethics awareness training courses during the coming year to supplement the existing framework.