Together we’re creating a leading visionary design driven entity, bringing investment into the City of Logan and returning benefits to our residents and constituents in a more people-centric way.
investLogan strategically uses holistic design across all aspects of enterprise to deliver better urban environments that make our city easygoing, functional and prosperous.
We contribute to the city’s economic growth, wealth and create social and community benefit through building long term partnerships with private, public and community stakeholders.
Logan City Council resolved to establish investLogan as a ‘for profit’ entity, tasked with undertaking activities to deliver positive economic outcomes for Council, as the sole Shareholder.
Council identified the key focus for investLogan as attracting investment opportunities and identifying emerging industry trends. investLogan’s overarching strategic objective is to significantly boost economic and social outcomes for the City of Logan.
investLogan was established under, and is governed by, the following key legislation and regulations:
As a Beneficial Enterprise of local government, investLogan is classified as a public sector entity under the Auditor-General Act 2009. As such investLogan is audited annually by the Auditor-General of Queensland.
investLogan understands and embraces the importance of good corporate governance and the vital role it plays in the activities undertaken by investLogan.
Our Governance framework ensures transparency and accountability, and maintains the integrity of investLogan and its operations.
investLogan’s Corporate Governance frameworks and suite of governance documents ensure:
investLogan is committed to transparency and accountability, ensuring all stakeholders have confidence in the way we manage our business and make decisions.
The investLogan Corporate Governance framework has undergone a full independent legal review and multiple audits ensuring we go above and beyond our statutory obligations.
Our key policies include:
Whilst we are required by law to prepare special purpose financial reports, we have chosen to complete the more detailed, general purpose financial reports under the Reduced Disclosure Requirements of the Australian Accounting Standards Board. These reports include the Profit and Loss Statement, Balance Sheet, Cashflow Statement, Statement of Changes in Equity, and the Notes to the Financial Statements which are included in the Annual Report.
We are required to be externally audited, annually, by the Auditor General, who also audits Logan City Council. We take our financial responsibilities seriously and have taken the additional step to undertake regular independent audits of our processes and systems.