Audit & Risk Committee minutes  
Meeting 
Audit and Risk Committee meeting 
Location 
2.03 Kumutoto room, 8 Willis Street; In person and online (via Teams) 
Date 
Thursday 8 November 2024, 9:30am 
Time 
9:30am – 12:00pm    
Members 
Jeremy Corban (Chair), Bronwyn Koroheke, Amit Prasad, Alex Hare 
 
Attendees 
James Palmer (Chief Executive), Laura Dixon (Deputy Secretary, Business Transformation & 
Services, Natasha Lewis (Deputy Secretary, Strategy, Stewardship and Performance), , Arun Patel 
(GM, Finance and Procurement), 9(2)(a)
 
Phirak Appleton (GM Legal & Risk),Tracey Kaio (GM, People & Culture), 9(2)(a)
 
(Audit NZ), 9(2)(a)
 
 
Apologies 
9(2)(a)
 left the meeting at 11:50am 
Agenda 
Agenda 8 November ARC pack 
 
Introductions and administration 
Papers 
ARC interests register 
Action Tracker  
Key information 
9 August 2024 minutes 
• 
Minutes from the August 2024 ARC meeting were not approved. The committee requested that the notes be 
updated and to be clear on  advice  provided  and when a paper was just noted. 
• 
Ensure Committee papers are clear and consistent. 
• 
Interests register must be updated. 
Out of scope
 
 
 
 
  
 
 
 
 
 
  
 
 
  
 
  
 
 
 

---

•  Out of scope
   
 
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
2.4  People and Capability  
Papers 
•  Cover Note 
Presenters 
Tracey Kaio 
To bring the committee’s attention to the most recent Quarterly Health, Safety and Wellbeing (HSW) 
report.   
 
Purpose 
It is recommended that the Committee:  
• 
Discuss and provide feedback on any aspects of the report, including the focus to re-set our 
priorities within the new structure. 
 
Discussion with Committee: 
• 
Tracey provided an update, it was noted that the update was for July 2024. 9(2)(g)(i)
 
 
 
 
 
• 
Wellbeing has been a primary focus of MfE, as change processes and near-miss accidents increased the risk. 
The same report was presented to Te Pūrengi in July, who noted the need to need to improve the system and 
approved additional funding to help mitigate the wellbeing risk and address the critical risk. 
• 
The senior Health, Safety, and Wellbeing Advisor moved to the Culture and Capability team (from Operations)  to 
allow greater connection with leadership and organisational capability development.. 
• 
Wellbeing pulse survey is moved to after the change process is complete. 
•  9(2)(a), 6(d)
 
 
 
 
 
 
Recommendations: 
• 
Committee recommended that resources continue be put toward to mitigate wellbeing risk.  
• 
Committee recommended to focus on wellbeing training for leaders of leaders 
•  9(2)(a), 6(d)
 
   
 

---