- All five resolutions were passed by members
- Changes to the Supplemental Royal Charter and By-Laws will be effective after approval from the Australian Governor General and changes to the NZICA Rules are effective immediately and will be tabled with the New Zealand Parliament
- A detailed implementation plan will be developed and made available on this page soon
The Chartered Accountants Australia and New Zealand (CA ANZ) member vote was held from Monday 29 April 9am AEST until Monday 27 May 12 noon AEST on the proposed changes to update and streamline our governance structures and constitutional documents.
Member Vote Results
The voting period for the 2019 Member Vote closed on Monday 27 May 2019.
The independent scrutineer Electionz.com has now informed Chartered Accountants Australia and New Zealand (CA ANZ) of the vote result. All five resolutions were passed by members. Changes to the Supplemental Royal Charter and By-Laws will be effective after approval from the Australian Governor-General and changes to the NZICA Rules are effective immediately and will be tabled with the New Zealand Parliament.
Five resolutions were considered during this Member Vote. The majority of members were able to vote on four resolutions. Eligible voting members resident in New Zealand also considered a fifth resolution to strengthen the NZICA Rules.
See the table below for the details of the outcome of the 2019 Member Vote.
A total of 11,182 CA ANZ Members voted on the below resolutions, being 10.84% of the CA ANZ Membership eligible to vote.
|Resolution Heading||Resolution to Pass||Result||For||Against||Blank|
|1||Strengthen the Professional Conduct By-Laws||Simple majority||PASS||%||88.32||11.36||0.32|
|2||Provide for the establishment of Overseas Regional Councils||Two-thirds majority||PASS||%||78.70||20.94||0.37|
|3||Provide increased continuity in Board appointments by CA ANZ Council||Simple majority||PASS||%||72.84||26.86||0.30|
|4||Increase flexibility and inclusion of representation||Simple majority||PASS||%||85.01||14.66||0.33|
|5||Strengthen the NZICA Rules||Simple majority||PASS||%||90.13||9.28||0.59|
A detailed implementation plan will be developed and made available on this page soon.
A message from the Chair and President
Letter from Chair Murray Jack and President Stephen Walker.View here
2019 Member Vote Resolutions
|Resolution Heading||Supporting Explanation||Statement||Resolution to Pass|
|1||Strengthen the Professional Conduct By-Laws||Strengthening our Professional Conduct By-Laws and improving alignment with NZICA Rules.||That the proposed Professional Conduct By-Law changes (as specified in the Explanatory Memorandum) be adopted – FOR/AGAINST||Simple majority|
|2||Provide for the establishment of Overseas Regional Councils||Establishing Overseas Regional Councils to support inclusive representation on CA ANZ Council.||That the proposed Supplemental Charter changes (as specified in the Explanatory Memorandum) be adopted – FOR/AGAINST||Two-thirds majority|
|3||Provide increased continuity in Board appointments by CA ANZ Council||CA ANZ Council determines the number of terms of CA ANZ Directors (Directors) up to 3 terms of 3 years each.||That the proposed Board Term By-Law change (as specified in the Explanatory Memorandum) be adopted – FOR/AGAINST||Simple majority|
|4||Increase flexibility and inclusion of representation||CA ANZ increasing the diversity and flexibility of representation within its governance bodies and aligning procedures across CA ANZ.||That the proposed By-Law changes (as specified in the Explanatory Memorandum) be adopted – FOR/AGAINST||Simple majority|
|5||Strengthen the NZICA Rules||Improving the effectiveness of the NZICA Rules, strengthening alignment with the By-Laws and enabling legislative future-proofing.||That the proposed NZICA Rules changes (as specified in the Explanatory Memorandum) be adopted – FOR/AGAINST||Simple majority|
Watch our webinars on the My CA discussion board, Your CA.
- Wednesday 24 April 2019, 12-1pm AEST
- Tuesday 23 April 2019, 2-3pm AEST
- Wednesday 17 April 2019, 9-10am AEST
Vote to merge the Institute of Chartered Accountants Australia and New Zealand Institute of Chartered Accountants to form Chartered Accountants Australia and New Zealand. As part of the vote, a commitment was made to review the governance arrangements two years after the vote had taken place.
CA ANZ Board engages governance specialist cameron. ralph. khoury to conduct an independent governance review (the Review) in 2016.
The Review captures members' thinking and identifies opportunities for further improvement. One-to-one interviews undertaken with key stakeholders including senior office-bearers, meetings with Regional Councils and other CA ANZ member groups and forums. Members invited to contribute through online questionnaires or email the independent reviewers directly.
Report One from independent governance specialists delivered to Board capturing members thinking and identification of key themes to be addressed. cameron. ralph. khoury develops key themes and ideas for change. Members updated by email on the first phase of the Review.
Report Two from the Review delivered capturing analysis, key themes and ideas for change.
Final Report from the Review delivered. The third and final report of the Review makes recommendations to ensure governance at CA ANZ is fit for the future.
The Member Governance Advisory Group (MGAG), Chaired by Stuart Black, a Past-President of the Institute of Chartered Accountants Australia, is appointed by the Board to ensure member input is incorporated into the implementation plan for the recommendations.
New CEO of CA ANZ, Rick Ellis commences.
The new CEO commences a strategic review of CA ANZ.
The CA ANZ Council endorses recommendations made by the governance specialists and the Board approves the recommendations.
The refreshed CA ANZ strategy is shared with members.
An organisational transformation is implemented to align and support the new strategy for the future of the profession.
An implementation plan for the proposed changes to the governance of CA ANZ begins to be devised.
October - November 2018
CA ANZ updates members on the Review at the Annual General Meeting (AGM), Regional AGMs and through member newsletter Insight. Additional information is shared with members on the CA ANZ website under "Governance Review" including Frequently Asked Questions (FAQs).
April - May 2019