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Members of the Board Committees during the year:

(* denotes Chairman)

Audit & Compliance

G Brown* (reappointed 30 June 2016)

J Bonnington

P Catty (end of term 17 March 2016)

L Di Bartolomeo (end of term 29 June 2016)

J Fullerton

Environment Health & Safety

L Di Bartolomeo* (end of term 29 June 2016)

G Brown (reappointed 30 June 2016)

B Cotter (end of term 17 March 2016)

V Graham (appointed 8 March 2016)

J Bonnington

J Fullerton

PRINCIPAL ACTIVITIES

The principal activities of the Group

during the year were the provision of rail

access and infrastructure management

of rail networks, either owned or leased

by ARTC.

SIGNIFICANT CHANGES

IN THE STATE OF AFFAIRS

Significant changes in the state of affairs

of the group during the financial year

were as follows:

Continuing implementation of ARTC’s

Transformation Program has seen the

further activity across a range of areas

with particular focus on delivering

optimum customer outcomes together

with activities under the leadership and

effectiveness & efficiency work streams

The Scoping Study that had been

announced by the Commonwealth

Government in 2015 was undertaken

during the 2015/6 year which assessed

options for the future management,

operations and ownership of ARTC.

In May 2016 the Government announced

completion of the Scoping Study and

the decision that ARTC would remain

in Government ownership to leverage

its skills, values and experience to

deliver Inland Rail in partnership with

the private sector. ARTC has been

undertaking development (planning)

activities for Inland Rail funded from

within an initial grant allocation from the

Australian Government of $300 million.

The $300 million grant has funded the

preparation by ARTC of a Programme

Business Case (completed September

2015) together with concept design,

preliminary environmental assessments

and a range of technical studies. Based

on its assessment of the Business Case,

Infrastructure Australia included Inland

Rail as a priority project in the Australian

Infrastructure Plan and Priority List in

May 2016, and the Government made a

commitment to provide a further $594

million in equity funding to ARTC to

advance the pre-construction stages of

Inland Rail, including corridor acquisition.

People, Policy & Remuneration

H Nugent * (appointed 3 August 2015)

P Catty (end of term March 2016)

B Cotter (end of term March 2016)

J Fullerton

Risk Committee

H Nugent* (appointed 3 August 2015)

C Barlow (appointed 2 May 2016)

J Bonnington

G Brown (reappointed 30 June 2016)

V Graham (appointed 8 March 2016)

L Di Bartolomeo (end of term 29 June 2016)

P Catty (end of term 17 March 2016)

B Cotter (end of term 17 March 2016)

J Fullerton

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