NO.082

APPOINTMENTS TO THE COMPANIES AUDITORS AND LIQUIDATORS DISCIPLINARY BOARD (CALDB)

I am pleased to announce the reappointments of Professor Ian Ramsay and Messrs Tom Bostock, Simon Stretton, David Barnett, John Keeves and Patrick Burroughs, each as part-time members of the Companies Auditors and Liquidators Disciplinary Board (CALDB) for a further three-year term commencing 1 September 2007 up to and including 31 August 2010.

In addition, Mr Geoff Brayshaw has been appointed as a part-time member for a three-year term commencing 1 September 2007 up to and including 31 August 2010.  Mr Brayshaw is a former audit partner with BDO Chartered Accountants and is currently an independent Board Director of Fortescue Metals Group.

Mr Brayshaw replaces Mr John Story, who did not seek reappointment for a further term.  I would like to pass on the Government’s appreciation of Mr Story’s contribution to the CALDB.

The CALDB is a disciplinary body which receives and reviews applications made to it by the Australian Securities and Investments Commission or the Australian Prudential Regulation Authority in respect of the conduct of either registered company auditors or liquidators.

The CALDB consists of 14 members:

• a Chairperson and a Deputy Chairperson, each of whom must be enrolled as a barrister and/or a solicitor or a legal practitioner in Australia;
• three members selected from a panel of seven nominated by the Board of the Institute of Chartered Accountants in Australia;
• three members selected from a panel of seven nominated by the Board of the CPA Australia; and
• six business members. 

MELBOURNE

27 August 2007

Contact: Renae Stoikos – 03 9650 0244