Australian United Investment Company Limited


Investment Policy

AUI is an investment company which seeks, through portfolio management, to reduce risk and improve income from dividends and interest over the longer term.

AUI's funds are invested predominantly in shares of companies listed on the ASX.

Investments are purchased or subscribed for on the basis of the directors' assessment of their individual prospects for income and growth.  The directors do not invest by reference to any pre-determined policy that any particular proportions of the capital will be invested in particular investment sectors.

Dividends paid for each of the full financial years since 1993 are as follows:
                      Year
 

Cents Per Share
 

                      1992/93 7.5
                      1993/94 8.0
                      1994/95 8.5
                      1995/96 10.5
                      1996/97 11.0
                      1997/98 11.5
                      1998/99 12.0
                      1999/00 12.5
                      2000/01 13.0
                      2001/02 13.5
                      2002/03 14.0
                      2003/04 15.0
                      2004/05 17.0
                      2005/06 19.5
                      2006/07 23.0
                      2007/08 25.0
                      2008/09 25.0
                      2009/10 25.5
                      2010/11 26.5
                      2011/12 28.0
                      2012/13 29.5
                      2013/14 32.0
List of Directors

Charles Goode
Charles Goode AC, B.Com (Hons) (Melb), MBA (Columbia), Hon LLD (Melb), Hon LLD (Monash).  Appointed April 1990. Mr Goode is the Chairman of the Boards of Diversified United Investment Limited (since 1991), The Ian Potter Foundation Limited (governor since 1987) and Flagstaff Partners Pty Ltd (since 2010).  Formerly he was a director of Australia and New Zealand Banking Group Limited (1991 - 2010, Chairman 1996 - 2010) and Woodside Petroleum Limited (1988 - 2007, Chairman 1999 - 2007) and Grosvenor Australia Properties Pty Limited (Chairman 2008 - 2012).

Peter Wetherall
Peter Wetherall B.E. Hons (Qld), B.A. Hons (Oxon), GAICD. Appointed November 2001.  Mr Wetherall has over 30 years' experience in the Australian share market as a stockbroker and funds manager. He was the founder and Managing Director of Wallara Asset Management Pty Ltd (1995 to 2012).  He is currently the Investment Executive of the Helen Macpherson Smith Trust, and a member of the Investment Committees of the Geelong Grammar Foundation and the Royal Australasian College of Surgeons.  He is Chairman of the Company's Audit and Risk Management Committee.

James Craig
James Craig B.Ec/LLb (Adel), LLM (Melb). Appointed October 2009. Mr Craig is Chairman of River Capital Pty Ltd and Trinity College (University of Melbourne) and is a director of Cell Care Australia Pty Ltd, Lifestyle Communities Limited, Murdoch Childrens Research Institute.    He is Chairman of the Company's Nomination and Remuneration Committee.

Fred Grimwade
Fred Grimwade B.Com/LLB (Hons) (Melb), MBA (Columbia), FAICD.  Appointed March 2014.  Mr Grimwade  is Principal and a Director of Fawkner Capital Management Pty Ltd.  Mr Grimwade is currently Chairman of Fusion Retail Brands Pty Ltd and CPT Global Limited and a Director of XRF Scientific Limited, Troy Resources Limited, NewSat Limited and Select Harvests Limited.  Formerly he held senior executive positions with Colonial First State Investment Group, Colonial Mutual Group, Western Mining Corporation and Goldman, Sachs & Co.

Corporate Governance

Corporate Governance Statement
Audit & Risk Management Committee Charter

Nomination & Remuneration Committee Charter
Continuous Disclosure Policy
Policy for dealing in Company Securities

Constitution

Please click here to view the Company's Constitution