Board Communique March 2023
Dear Members
Dear Members
Principals Australia Research Foundation Ltd’s (PARF) Board met at Ainslie School, Canberra on 6 March 2023. The agenda included 4 key matters:
1. Investment policy review
2. Operational Business
3. Research and Development Funding for 2024.
4. Promotion and communication of research reports
Investment Policy Review
The Board discussed the performance of the investment portfolio and the policy implications. The Policy is due for review, which includes a review of the investment manager, JBWere. The Board resolved to write to JBWere, seeking a meeting with the Finance and Investment Committee to address questions and aspects of the portfolio performance. The Board will then assess what next steps may be appropriate for managing the investments.
Operational Business
The Board resolved to apply to ACNC to change the financial year for PARF to end 31 December. This will be subject to the Members, APPA and ASPA, not objecting and ACNC approving the change.
The Board reviewed an update on progress on the Operational Plan.
Research and Development Funding for 2024
The Board approved the amendments to the Research and Development Funding Guidelines 2024 addressing involvement by university or other organisations and circumstances under which teacher relief might be funded.
The Board appointed Ros Oates as Acting Program Manager for 2024 research year.
Promotion of Research Reports
The Board received a presentation from the Project Leader for the Australian Government Primary Principals Association’s (AGPPA) Research Project. The report: Supporting Primary School Principals to Manage Complexity in Contemporary Education Settings: Applying a Service Lens to Support Education Leadership, will be available on the PARF website: www.parf.org.au