Governance and Policies

The Tasmanian Water and Sewerage Corporation Pty Ltd, trading as TasWater, was established under the Water and Sewerage Corporation Act 2012 (Tas) (WSCA) and incorporated in 2013 as a proprietary limited company under the Corporations Act 2001 (Cth).  We are collectively owned by Tasmania’s 29 local councils, with the State Government also becoming a shareholder in 2019.

TasWater is governed by an independent skills-based Board - learn more about our Board and Leadership team here.

Owners’ Representative Group (ORG)

Each Shareholder appoints a representative to the Owners’ Representative Group (ORG). This group plays a role in guiding TasWater’s strategic direction and governance, making decisions within the scope of the WSCA and TasWater’s Constitution.

The ORG’s responsibilities include:

• Approving the Shareholders’ Letter of Expectations – Outlining Shareholders’ strategic priorities and performance expectations for the TasWater Board.
• Approving TasWater’s Corporate Plan – Our roadmap for the year ahead.
• Appointing and overseeing performance of the Board – Through the ORG’s Board Selection Committee, the group selects directors and reviews Board performance and remuneration.
  
  

Annual Shareholder Meetings

TasWater holds two formal meetings with Shareholders every year:

• Annual Planning Meeting – To review and approve the Corporate Plan for the upcoming financial year.
• Annual Reporting Meeting – To assess TasWater’s financial results and performance against the Corporate Plan.

In addition, Shareholders receive a half-year performance report and are invited to a briefing session to discuss progress mid-year.

Transparency and Access

Details about TasWater’s governance structure - including appointed Owners’ Representatives - are published annually in our Annual Report which are available on our 'Publications' page.

Key governance policies and Shareholder documents are available below.