THE AUSTRALIAN APEC STUDY CENTRECENTRE ACTIVITY REPORT

2012 Prepared for the Advisory Board Meeting 5 March 2013

TABLE OF CONTENTS

1.0 EXECUTIVE SUMMARY ......................................................................................................... 1

2.0 INTRODUCTION .................................................................................................................... 2

3.0 CENTRE’S FINANCIAL POSITION ........................................................................................ 3

4.0 FUTURE ACTIVITIES AND STRATEGIC DIRECTIONS ........................................................ 3

5.0 SUMMARY OF ACTIVITIES IN THE PERIOD MAY 2012 TO FEBRUARY 2013 .................... 5

6.0 CAPACITY BUILDING PROGRAMS ....................................................................................... 6

7.0 CONFERENCES,SYMPOSIA, LECTURES AND RECEPTIONS ............................................ 8

8.0 INTERNATIONAL ACTIVITIES ............................................................................................. 10

9.0 OTHER ACTIVITIES ............................................................................................................. 12

10.0 OTHER MEETINGS AND SPEECHES .............................................................................. 13

11.0 FUTURE ACTIVITIES ......................................................................................................... 15

12.0 PROPOSALS AND BIDS .................................................................................................... 18

13.0 RESEARCH, PUBLICATIONS AND REPORTS .................................................................. 18

14.0 MEDIA/PUBLIC RELATIONS .............................................................................................. 19

15.0 CENTRE STAFF ................................................................................................................. 20

16.0 ATTACHMENTS ................................................................................................................. 21

Attachment 1 – Mission Statement and Key Performance Indicators

Attachment 2 – Centre Advisory Board and Financial Services Advisory Board

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1.0 EXECUTIVE SUMMARY The Centre is maintaining its success in bidding and is retaining its position as a major provider of capacity building programs under APEC and ASEAN programs. We are committed to extending our profile in the Asia Pacific region. The rate of activities is intensifying and this due mainly to diversification in the range of programs we engage in. The financial position of the Centre is sound. We have maintained a solid level of revenue growth and this will continue over the coming period. In 2012 the centre contributed $189,604 in research income. We hope to contribute over $150,000 of research income in 2013. Changes to AusAID funding arrangements (discussed below) cause some rethinking in the Centre’s strategic focus as regards funding but they will also involve an extension to our partnerships; AusAID places considerable emphasis on wide partnership arrangements. This fits well because of the wide range of regional and international institutions including in the public and private sectors that the Centre involves with. It aligns well with the University’s expansion model for international engagement, profile and partnerships. As members were advised at the last Advisory Group meeting the financial relationship between the Centre and the College of Business, and the University Central has been affected by adjustments caused by the general economic environment but the impact has not caused a diminution in revenues gained from the business opportunities sought by the Centre. As well as successfully gaining research credits for the College, the Centre’s media profile and brand is growing and with a high degree of prestige; it has the highest media profile of any unit in the College of Business as well as the strongest international brand. The essential nature of our relationship with AusAID is changing. We have won two contracts with AusAID, one for a multi-year program (over 3 years) focused on improving the investment environment in APEC and ASEAN, and the second relating to food security in APEC economies. Both are in the process of early implementation and reflect AusAID’s confidence in the Centre as a partner in Australia’s aid programming. These are the last programs under the former Public Sector Linkages Program. The new approach by AusAID falls under the Government Partnership For Development (GPFD) program and is not specifically related to either APEC or ASEAN but rather focuses on programs that satisfy development criteria in countries of relevance to Australia’s aid objectives. These include developing economies of APEC and ASEAN but the geographic coverage is broader, including for example the sub-continent. Funding broadly will be in larger amounts – up to $4 million and for multi-year periods – up to 4 years - but the GPFD also allows for one year programs with financing of $ 1 million. Our relationships with key Commonwealth Departments are prospering. In recent visits to AusAID, DFAT and Treasury, there is a genuine interest in exploring ideas with the Centre on challenges facing the departments. AusAID see the Centre as a development partner and welcomes ideas on ways to promote sustainability in projects and ways to improve measurement of project and aid effectiveness. DFAT and Treasury are seeking inputs to “deliverables” on priority issues that Indonesia has defined as it chairs APEC in 2013 and in particular in enhancing the environment for infrastructure investment and sustainable development. We will also look to support the Commonwealth of Australia chair G20 in 2014. In August 2012 the Centre was relocated to the new Swanston Street Academic Building (SAB) at the Collage of Business. The move is proving to be highly beneficial to the Centre in most respects. There is easy accessibility to first-class training and lecture room facilities and to office and communications services. Liaison with College management is easier and staff of

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the Centre are quickly integrating into a broader College/University environment. The one concern is that it is more difficult to build the concept of a “Centre” when staff is located in a general area of College administration whose main purpose is, naturally, the provision of services to students. A clearly identifiable space in the SAB for the Centre would give status and real meaning to the concept of a Centre. 2.0 INTRODUCTION This report covers activities in the period since the last Advisory Board meeting – in May 2012 to end February 2013. The Centre’s goals and objectives, a statement of core activities and key performance indicators are set out in Attachment 1. These have not changed in this reporting period, except to note that with the decision by the Victorian government not to provide grant funds to replace the Melbourne APEC Finance Centre, AASC is no longer under an obligation to explicitly promote Victoria as a centre for training regional financial regulators and to promote Victoria as a regional financial centre. Implicit though in our continuing work under funding from other sources related to training financial system regulators is that we will continue to be seen as promoting the objectives noted above. The Victorian Government advised us that the review of the Centre’s management of the Melbourne APEC Finance Centre activities was judged by an independent assessor as contributing effectively to the objectives defined in the funding agreement. While the Government has determined not to provide grant funding to continue this activity it seeks our involvement in supporting trade and investment missions in the region. We organised a finance component of a trade mission to China led by the Premier and late last year we chaired a meeting with the visiting Minister of Finance of Vietnam on the subject of PPPs in infrastructure. Our capacity building activities have an increasing emphasis on APEC/ASEAN priorities related to improving connectivity to facilitate trade, food security, improving investment and information on services and we are a major contributor to work on financial regulatory approaches to enhance financial inclusion. We are providing support for major initiatives by the APEC Business Advisory Council in the provision of services for the development of the Asia Pacific Finance Forum (to be held in Sydney in April) and to dialogues with Ministers and senior officials of APEC economies convened under the Asia Pacific Infrastructure Partnership (APIP). The Centre and ITS Global are developing further the coverage of services and of economies in the STAR Database on services and at DFAT’s request we organised a policy based seminar on best practices in financial services in Singapore in November last year. The Ministry of Economy of Taiwan commissioned the Centre to organise a Forum in Melbourne to deepen economic partnerships between Taiwan and Australia. This was followed by presentations by the Centre Director to the Vice Minister and senior officials in Taipei in early December. At the request of the Ministry of Finance of China we organised a round table discussion and visits to public and private institutions in Melbourne and Sydney on the role of PPPs in infrastructure and on the subject of inclusive innovation. A number of programs are presently being implemented or soon to be implemented in the first half of the year. They include a training program on connectivity and ports to be held in Singapore from 11-16 March, a major piece of work on financial inclusion in Melbourne 20-22 March, an APEC funded training program we will jointly host in Shanghai in May on governance and risk appetite frameworks in financial institutions and a program on food security (to be held in Melbourne and RMIT Hamilton) in late May.

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The period of this review has seen an intensive level of activities successfully completed – including training programs, dialogues, forum and round table discussions and the APEC Lecture by the Hon Julie Bishop, Shadow Foreign Minister. Activities have been undertaken with various partners, including ITS Global, ADBI, the World Bank and IFC, the Asia Pacific Finance Development Centre, the APEC Business Advisory Council, Association of Development Financial Institutions of Asia and the Pacific, DFAT and Institute for Supply Chain and Logistics (ISCL), Victoria University. We have utilised RMIT facilities in Melbourne and in Ho Chi Minh City; we have also implemented programs in Singapore and Shanghai. More than 600 people from across the Asia Pacific region have been involved with the Centre’s activities in the period of this review. The relocation to SAB has been successfully undertaken and the Centre is well embedded in the College of Business. This is due in no small measure to the support we have received from the Pro Vice Chancellor, Professor Ian Palmer, the Deputy Pro Vice Chancellor Professor Aaron Smith and the staff of the College of Business. We believe significant benefits are now flowing both ways. We also note the opportunities that are surfacing in which the Centre will help contribute to the global vision that RMIT has established: future cities, design and sustainability. 3.0 CENTRE’S FINANCIAL POSITION The current financial position of the Centre is sound and the Centre is committed to generating an operating surplus. The operation of the Centre is currently being reviewed by the University audit team. Despite increased competition for funding the centre continues to win AusAID funding. The Centre has been successful in widening its sources of funding to include work commissioned by DFAT and the APEC Secretariat. As noted earlier, multi-year partnership agreements with AusAID would be a significant contribution to the medium-term financial strength of the Centre. 4.0 FUTURE ACTIVITIES AND STRATEGIC DIRECTIONS The nature of AusAID funding has changed and this will mean few but larger projects with a multi-year focus. This should lead to less administrative effort in putting bids together but more intensive oversight in developing and implementing more complex programs under which projects are bundled together. As a corollary to changes in traditional activities, we are in a strong position to bid for more diverse opportunities and to widen our partnerships throughout the region. The changed funding arrangements under the GPFD are causing some rethinking in the Centre’s strategic focus as regards funding but they will also involve an extension to our partnerships. As noted earlier, AusAID places considerable emphasis on wide partnership arrangements. This fits well because of the wide range of regional and international institutions including in the public and private sectors that the Centre involves with. Also, as noted above, the Centre is embedded in the College of Business and both are benefitting significantly from this union, as is RMIT more broadly. The Centre is promoting linkages between College of Architecture and Design and SMART Facility at Wollongong University in a program on future cities development and which would involve partnerships in research and urban design and infrastructure with Arizona State University and University College, London. The concept of future cities, design, infrastructure and sustainability are central visions of RMIT and the Centre aims to find links through its various activities to the APEC and ASEAN agendas in developing RMIT and Australia’s interests. Similarly, through our work with Taiwan we are seeking to find ways to support work going forward between the College of Architecture

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and Design and the Universities of Taiwan and Harvard University on urban design and sustainable cities. We are involving an academic from the School of Economics on the forthcoming program on improving investment in the APEC/ASEAN regions and we are supporting work by other academics in a funding application to AusAID for a pilot project on entrepreneurial innovation in Vietnam and Indonesia. This will build on the success of the market-leading bachelor of entrepreneurship program at the college of Business. The Centre is also participating in a University wide approach to meeting the challenges in the education sector arising from the Government’s White Paper on “Australia in the Asian Century”. In the last report we noted the intention to prepare a strategy paper for the College of Business and the University more widely by mid-2012. However, this was postponed as the Centre and the College reviewed the financial arrangements. As a consequence and noting the major funding arrangements in AusAID’s move to multi-year funding, the deep partnership now evolving with RMIT and the opportunities noted in this report, the strategic objectives of the Centre are clearly identifiable. They are as follows:

- A major but not exclusive focus on bidding for projects which have a multi-year dimension

- Maintain and deepen relations with key Commonwealth Departments to ensure that we are aware of and can respond to changing priorities under Australia’s aid programs and the special needs of Departments in outsourcing activities in which the Centre has real competencies, and to support Australia’s role as host of G20 in 2014.

- Continue to work closely with APEC and ASEAN to seek to provide capacity building programs which align with their priorities but also to widen geographic coverage to other countries regarded as priority in Australia’s aid criteria

- Maintain strong links with the APEC Business Advisory Council and the Advisory Group on APEC financial system capacity building

- Seek significant research components in the design of projects bids - (research funding is excluded from revenue that has to has to be subsidised by the college to central RMIT.

- Develop existing partnerships and constantly review opportunities for new partnerships with regional and global organisations and business groups and associations

- Deepen the concept of bundling activities ensuring a comprehensive and holistic approach to themes that meet Australia’s aid objectives

- Drive engagement with RMIT and associate with its vision of a global university; urban presence, design and innovation and contribute to RMIT’s “Australia in the Asian Century” strategies

- Continue to develop relationships with the Victorian Government - Seek diversification in activities which provide a worthwhile margin and/or significant

relationships - Maintain sound financial position and operating surplus.

In 2013 the Centre will specifically focus on the following activities:

- Provide a compelling bid to manage the Australian ABAC Secretariat

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- Develop two excellent proposals for multi-year funding and one proposal for single year funding under the GPFD program and include in the design research components

- Pursue to implementation a partnership with the ADB to manage an Asian Infrastructure Facility

- Effectively implement existing contracts – food security, investment enhancement, connectivity, financial inclusion and governance and risk appetite frameworks.

- Support DFAT in the development of a compendium on best practices in financial services and as DFAT expands its work into other service areas

- support ABAC and the Commonwealth Treasury in organising the Asia Pacific Finance Forum in Sydney in April

- Support ABAC in various activities and importantly in Asia Pacific Infrastructure Partnership dialogues

- Support Treasury and DFAT in developing useful deliverables for Indonesia – with particular emphasis on enhancing infrastructure in the region and sustainability.

- Support RMIT’s response to the Asian Century White Paper, to involve in and help shape research programs and promote linkages with other major groups involved in urban design, cities and sustainability.

- Support RMIT’s response to APEC leader’s 2012 statement on higher education, including promoting student mobility.

- Submit an expression of interest to the Australian China Business Council to research ways to deepen Australia/Taiwan economic relationships.

5.0 SUMMARY OF ACTIVITIES FROM MAY 2012 TO FEB 2013 Capacity Building Initiatives Following successful bids for funding from the AusAID Public Sector Linkages Program the Centre successfully delivered four major capacity building programs and two major policy forums for the period covered by this report. The centre ran many of its programs in this period in Melbourne and utilised RMIT facilities when possible. Training Program: Capacity building to achieve 10% improvement in Supply Chain Performance 16-18 May 2012, Ho Chi Minh City, Vietnam at RMIT University 6-8 June 2012, Singapore Training Program: Developing a Framework for Supply Chain Risk Assurance for APEC Economies Funding Source: AusAID PSLP Dates: 12-14 September 2012 Location: RMIT Vietnam, Ho Chi Minh City, Vietnam Training Program: Winning FDI in APEC economies through Effective Facilitation Global Investment Promotion Benchmarking—Training of Trainers 23-26 October 2012, Melbourne, Australia Training Program: Facilitating best practice policies for trade and investment in financial services in the APEC Region 27-28 November 2012, Melbourne, Australia

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We designed and organised the following: Regional Forum on Services Trade Policy: Recognising the importance of open services to manufacturing trade and investment in the APEC region Funding source: AusAID PSLP 15 May 2012, Ho Chi Minh City, Vietnam at RMIT University Regional Policy Forum: Implementing Regulatory environments to promote financial inclusion Funding source: AusAID PSLP 17-18 October 2012, Melbourne, Australia China Super Trade Mission – Victorian Government AFDC/ MAFC Financial Services and Carbon Markets Regulation and Outlook Workshop Funding Source: Department of Business and Innovation, Victorian Government Date: 20 September 2012 Location: Shanghai, China 2012 APEC Lecture ‘Asia foreign policy challenges from an opposition perspective’ The Hon Julie Bishop MP Date: 11 December 2012 Location: Melbourne, Australia Policy Forum – Toward a closer Australian-Taiwan Economic Partnership Funding Source: Taiwan Economic and Cultural Office Date: 22 November 2012 Location: Melbourne, Australia

6.0 CAPACITY BUILDING PROGRAMS 6.1 Training Program: Capacity building to achieve 10% improvement in Supply Chain Performance Funding Source: AusAID PSLP Dates: 16-18 May 2012 Location: Ho Chi Minh City, Vietnam at RMIT University Dates: 6-8 June 2012 Location: Singapore These workshops were for officials from the government agencies in APEC developing economies that were responsible for policy measures that could affect supply chain performance within their economy, such as those involved with trade facilitation, customs and border protection, and the delivery and operation of freight transport infrastructure. The focus of the program was on how to improve supply chain performance to promote international trade, economic growth and national development for the APEC developing economies. As a corollary it was also concerned with the policy actions that governments can take to achieve the goal set by APEC Leaders for a 10 per cent improvement in supply chain performance by 2015, measured in terms of cost, time and certainty. Officials from China, Thailand and Vietnam attended the first, while officials from Indonesia, The Philippines, Papua New Guinea, and the ASEAN Secretariat attended the second. Two officials from the Policy Support Unit of the APEC Secretariat also attended the second course as observers. This program was coordinated by Jeffrey Rae of ITS Global. http://www.apec.org.au/event2.asp?event=89

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6.2 Program: Developing a Framework for Supply Chain Risk Assurance for APEC Economies Funding Source: AusAID PSLP Dates: 12-14 September 2012 Location: RMIT Vietnam, Ho Chi Minh City, Vietnam This training program was the second component of a two part program. The objective of the first component training course was to reduce risk in supply chains in the region from origin to destination – in particular, those related to food safety and global cargo - caused by a range of factors, including globalisation, off-shoring, supply chain complexity and reliance on third party firms, and regulation and standards. The Activity looked at mapping and risk identification at control points along selected supply chains within each economy. Academic Coordination was provided by Dr Hermione Parsons, Director of the Institute of Supply Chain Logistics at Victoria University, in partnership with Jo Giblin from Icon Global Link. The second component focused on building the Supply Chain Risk Framework and summarising the results of the unique ‘Live’ case studies prepared by participants during the period between the two workshops. The second workshop included synthesis of the various approaches to food safety handling and risk by the participant economies with a view to producing a foundation for future development in harmonisation of standards and integration risk response and mitigation strategise for food handling across APEC economies. The Activity brought together 14 participants from China, Indonesia, Mexico, PNG, Philippines, Thailand, and Vietnam.(http://www.apec.org.au/event2.asp?event=81) 6.3 Program: Winning FDI in APEC economies through Effective Facilitation Global Investment Promotion Benchmarking—Training of Trainers Funding Source: AusAID PSLP Dates: 23-26 October 2012 Location: Melbourne, Australia The objectives of this program were to help investment promotion intermediaries become more effective in facilitating new investment opportunities so that in the future they would be able to take advantage of more foreign direct investment. The workshop provided participants with the knowledge, skills, and materials needed to train individuals within their Investment Promotion Agency (IPA) to provide potential investors with the high-quality business information that can influence their investment decisions. It was jointly coordinated with the IFC/World Bank and two participants of their 2010 program: Roy Nixon and the centre’s executive manager. The program involved 23 participants from Indonesia, Mexico, Peru, Philippines, Thailand, Chile, Vietnam and Papua New Guinea and was created in response to the needs of IPA’s in the APEC region determined by a World Bank Report: ‘Global Investment Promotion Best Practices 2012’ (GIBP 2012). This report focused on website assessment and inquiry handing of global IPA’s.http://www.apec.org.au/event2.asp?event=86 6. 4 Program: Facilitating best practice policies for trade and investment in financial services in the APEC Region Funding Source: AusAID PSLP Dates: 27-28 November 2012 Location: Singapore, Singapore This program brought together trade officials, regulators, academics and industry representatives to discuss the direction of future reform in services in a practical, collaborative atmosphere. The participants and presenters identified and discussed how market access in these sectors is regulated, key impediments to further trade in these services, and will identify reform priorities –including likely benefits and potential losses. The program was designed to

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be practical and pragmatic, examining “what works and what doesn’t” when it comes to regulation of the financial services sector across different jurisdictions and different economic circumstances. This program involved 28 participants from 13 APEC economies (Australia, China, Indonesia, Malaysia, Thailand, Vietnam, Japan, Chinese Taipei, Hong Kong China, Singapore, the Philippines, Mexico and Peru) discussed the regulation of trade and investment in financial services. This program was coordinated by Ken Waller, Director of the Centre. The outcomes of the program will inform a Compendium of Best Practice which will be shared with workshop participants and representatives of the APEC Group on Services. http://www.apec.org.au/event2.asp?event=87. 7.0 CONFERENCES, SYMPOSIA, LECTURES, AND RECEPTIONS 7.1 Regional Forum on Services Trade Policy ‘Recognising the importance of open services to manufacturing trade and investment in the APEC region’ Funding Source: AusAID PSLP Date: 15 May 2012 Location: Ho Chi Minh City, Vietnam at RMIT University This one day regional forum was held in Ho Chi Minh City, Viet Nam and included a number of course participants together with other senior officials from three of the four countries (Indonesia, Philippines and Viet Nam) and the ASEAN Secretariat. This forum was coordinated by Tom Westcott of ITS Global. Participants in this Regional Forum included officials who attended the preceding training course, their supervisors, and senior officials. The objective of the preceding training course, which was held in November 2011, was to raise awareness and improve the understanding of policymakers in APEC developing economies of the important role services play in supporting other sectors, in particular manufacturing (including as inputs to manufacturing and bundled with goods at the point of sale). In particular, the program endeavoured to enhance the capacity of economies to assess the value of services inputs in their economies (including for manufacturing industries such as electronics, automotives and garments) and use this as the basis of sound policy-making. 18 participants China, Indonesia, the Philippines, Thailand, Vietnam, as well as representatives from ASEAN attended the program. The purpose of the forum was, first, to discuss the training course content and introduce the embodied services research that demonstrates the critical role services industries play in the success of other sectors of the economy. 7.2 China Super Trade Mission – Victorian Government AFDC/ MAFC Financial Services and Carbon Markets Regulation and Outlook Workshop Funding Source: Department of Business and Innovation, Victorian Government Date: 20 September 2012 Location: Shanghai, China The Premier of Victoria, The Hon Ted Baillieu MLA led Victorian organisations on a Super Trade Mission to China from 17 - 21 September 2012. The Melbourne APEC Finance Centre in partnership with AFDC organised a financial services and carbon markets workshop in Shanghai on 20 September 2012 as part of this mission. The objectives of this event included engagement with Chinese bank, regulators and financial service providers. This event also focused on better understanding the Shanghai market, the Chinese regulatory landscape. This event provided a strong opportunity for dialogue between the relevant players following one-on-one discussions and the networking components

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provided opportunities for building relationships between Victorian companies and government with Chinese business. It also provided a platform to position Victorian Companies as providing international excellence in financial and carbon markets. The event included two streams, one relating to financial services opportunities with a focus on wealth management and fund management, and a second component relating to business opportunities in carbon and clean energy markets. The program involved around 53 business representatives from Victoria and 30 interested business groups from Shanghai. The Victorian delegation was of very high calibre and included representatives from NAB, KPMG, Bank of Melbourne, Mercer Capital, AusPro Group and Frontier Carbon. The Carbon and Clean Energy workshop was moderated by Mr Yuan Tangjun, Professor, Fudan University, and the Financial Services workshop was moderated by Mr Ken Waller, Director of the AASC. The whole event was concluded with closing remarks from Louise Asher, Minister for Innovation, Services and Small Business and Minister for Tourism and Major Events. 7.3 Regional Forum: Implementing Regulatory environments to promote financial inclusion Funding Source: AusAID PSLP Dates: 17-18 October 2012 Location: Melbourne, Australia The key focus of this high-level dialogue was on proportionate regulation to support financial inclusion and regulatory approaches that encourage the use of technology in the delivery of services to the poor. The interface between regulation and the role of technology received particular attention. Each session involved expert presentations followed by interactive discussions between presenters and participants. The purpose was to build on work by the Centre in developing best regulatory practices; the goal being to support activities of banks and capital markets in the provision of finance to communities in the region that do not receive adequate financial services, thereby promoting participation by the poor, the mobilisation of savings and investment and economic and social development. The Forum brought together 45 policy and regulatory officials from APEC and non-APEC regional economies, China, Vietnam, Indonesia, Philippines, Thailand PNG, Peru, Mexico, India, Pakistan, Sri Lanka, Bangladesh, East Timor, Cambodia and Laos and involved presentations by senior officials from the Asia Pacific region, banks and professional advisory groups, representatives of international organisations and academics. The Forum was coordinated by Ken Waller, Director of the Centre. 7.4 Policy Forum – Toward a closer Australian-Taiwan Economic Partnership Funding Source: Taiwan Economic and Cultural Office Date: 22 November 2012 Location: Melbourne, Australia The Australian APEC Study Centre organised this Forum which was held at RMIT University’s city campus with the Taipei Economic and Cultural Affairs Office in Australia. The objective of this policy forum was to discuss the opportunities and challenges facing Australia and Taiwan in deepening the bilateral economic relationship between the two economies. The policy forum discussed ways to enhance the bilateral economic relationship as part of broader regional efforts to promote economic integration in the Asia Pacific. Issues discussed included trade and investment relations and other areas of cooperation including in particular in the services sectors such as finance, education, tourism, IT and others. The release by the Australian Government of the White Paper “Australia in the Asian Century” placed this forum in contemporary context. The forum was moderated by Ken Waller, Director of the AASC.

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The policy forum was attended by 55 leaders from business, government and academia as well as other high level stakeholders. 7.5 2012 APEC Lecture ‘Asia foreign policy challenges from an opposition perspective’ The Hon Julie Bishop MP Date: 11 December 2012 The Hon Julie Bishop MP, Deputy Leader of the Opposition and Shadow Minister for Foreign Affairs and Trade, delivered the 2012 Annual APEC. In her address, Ms Bishop noted the key role APEC plays in promoting free trade and investment, and economic integration amongst regional economies. Ms Bishop said that Asia’s re-emergence as an economic powerhouse presents significant economic opportunities and challenges for Australia. Ms Bishop also emphasised the importance of foreign investment in ensuring Australia’s economic prosperity, supported the role of FIRB and highlighted many of the issues raised in the Coalition’s discussion paper on foreign investment. Referring to the enduring benefits of the Menzies ‘Colombo Plan’ to Australia’s relationships in the region, Ms Bishop noted that a future Coalition Government will establish an exchange program encouraging Australian students to study overseas, especially in Asia – akin to a ‘reverse Colombo Plan.’

The 2012 Annual APEC Lecture was attended by a total of 60 distinguished guests from business, government and academia, included Ms Mary Warlick, US Consul General, Ms Virginia Kalong, Philippines Consul General, and Mr Yuri Aleshin, Trade Representative from the Russian Embassy.

RMIT Chancellor Dr Ziggy Switkowski introduced the speaker, and Prof. Ian Palmer, Pro Vice-Chancellor of Business and Vice-President of RMIT University, delivered closing thoughts and thanks.

8.0 INTERNATIONAL ACTIVITIES 8. 1 ABAC Meeting Dates: 21-24 May 2012 Location: Kuala Lumpur, Malaysia At the Advisory Group on APEC financial system capacity building on 22nd May (and at the Finance and Economics Working Group) the Director presented a report on the Forum of the Asia Pacific Financial Markets Integration Project on 13th March 2012 and on next steps, hopefully leading to the formation of the Asia Pacific Finance Forum. ABAC agreed to propose to APEC Finance Ministers the establishment of the Asia Pacific Financial Forum, and also supported work to be undertaken by the Centre on Financial Inclusion. ABAC also endorsed the STAR data base and commented favourably on its usefulness to business. 8.2 APEC Study Centres Consortium Meeting Dates: 25-26 May 2012 Location: Kazan, Russia The Director attended the annual study centre consortium conference in Kazan. He delivered a paper titled, “Developing a framework for supply chain risk assurance for APEC economies.” The outcomes from this conference were delivered to APEC SOM Committee at the conclusion of the APEC meetings. http://www.ascc2012.org/

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8.3 ABAC/ADBI/AFI - Financial Inclusion Forum Dates: 25-27 June 2012 Location: Shanghai, China This event was well attended and was organized by the Asia Pacific Finance and Development Centre (AFDC) with whom the AASC has a long-standing cooperation agreement. Senior policy makers and regulators from the region, IFC, ADBI, World Bank, major NGOs and finance groups from Asia, Europe and the US also participated. The Director presented on the Centre’s work over recent months on proportionate regulation; these findings and recommendations were included in papers before APEC Finance Ministers when they met August 2012. The presentation outlined further work the Centre will be undertaking under an AusAID PSLP program and a number of people indicated their interest and support. 8.4 ABAC Meeting Dates: 16-19 July 2012 Location: Ho Chi Minh City, Vietnam The Director attended the ABAC 3rd meeting for 2012 in Ho Chi Minh City and was involved in discussions on work the Centre is doing on financial inclusion, the Asia Pacific Infrastructure Partnership and the proposed Asia Pacific Finance Forum (APFF). ABAC agreed that the APFF proposal would be the important business contribution to APEC. 8.5 Vietnamese Ministry of Planning and Investment Public Private Partnerships Workshop Dates: 20 July 2012 Location: Hanoi, Vietnam The centre coordinated a highly constructive APIP infrastructure investment dialogue at the Ministry of Finance, Hanoi, on 20th July. Around 20 or so senior officials from relevant departments met with a panel of APIP members and discussed major elements of Vietnam’s new policies to promote PPPs. The discussion highlighted some key problems relating to the policy framework and the limitations of the financial sector in Vietnam to mobilize long-term savings. Reports of the meeting were circulated by this Centre to Vietnam, panel members and fed into the Finance Ministers’ and Leaders’ processes. 8.6 APEC Round Table and Policy Forum and APIP Panel Discussion Dates: 21-22 October 2012 Location: Jakarta The Director participated in the Indonesian Centre for Strategic Studies and the ANU Round Table and Policy Forum on APEC’s Regional and Global Opportunities. The Forum was designed assist in developing Indonesia’s APEC agenda as it moves to chair APEC in 2013. The Director also participated in an APIP panel discussion on infrastructure developments and financing organised by ABAC and involving senior Indonesian officials and panellists. 8.7 Taiwan Ministry of Economic Affairs Roundtable, Australia-Taiwan economic relations Dates: 3-4 December 2012 Location: Taipei, Chinese Taipei This meeting involved the Director in discussion with the Taipei for meetings with the Vice Minister for the Ministry of Economic Affairs and senior officials and with a range of Taiwanese agencies on deepening economic relations between Australia and Taiwan. This roundtable followed on from the Forum held at RMIT on 22nd November.

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8.8 Korean Capital Market Institute, International Financial Cooperation Roundtable 2012 Dates: 6-7 December, 2012 Location: Jeju, South Korea At the invitation of the Korean Capital Market Institute the Director participated as a speaker/moderator at the “International Financial Cooperation Roundtable 2012”. He spoke to the issue of APEC financial collaboration issues and perspectives and focussed on the ABAC proposal for the establishment of the Asia Pacific Financial Forum (APFF), a concept endorsed by APEC leaders and finance ministers. The roundtable involved a wide international representation from public and private sector groups. 8.9 ABAC and APIP Philippines Dialogue Dates: 22 January 2013 Location: Manila, the Philippines The Director attended the first ABAC meeting of 2013 in Manila. This meeting was an important one in that there was a large and interesting agenda of real importance to the work of the Centre and the University. The Director presented a report to the APEC Advisory Group on financial system capacity building on a regional forum the Centre organised in October on financial inclusion. This involved regulatory issues to promote financial inclusion as a contribution to reducing financial exclusion by the poor in the region. The Centre organised in collaboration with the Philippine’s Competitive Council an APIP dialogue attended by panel members and senior officials from various Philippine agencies. 8.10 APIP Thailand Dates: 22 February 2013-02-24 Location: Bangkok, Thailand The Director of the Centre participated in an APIP dialogue with the Finance Minister of Thailand, senior representatives of Thai agencies responsible for developing and implementing PPPs, the World Bank and IFC, the ADB, and representatives of major companies. 9.0 OTHER ACTIVITIES 9.1 Project: APEC Services Trade Access Requirements STAR Database Funding Source: APEC Secretariat Web Address: www.servicestradeforum.org Ongoing Project The project involves the development and maintenance of an online services and investment market access database which reflects barriers to services trade. It assists with exporting services internationally. It includes a comprehensive database of regulatory requirements faced by business trading in the APEC region and provides a forum for the exchange of trade information. The site now covers the barriers to market entry in services in all APEC economies in 8 sectors. The sectors to be examined are the Financial Services (banking and insurance), Professional Services (legal, accounting, architecture and engineering), Telecommunications, Transportation & Logistics, and Mining & Energy service sectors. The three new sectors in the third phase include computer and related services, distribution and education. The sectors have been completed for 15 economies.

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The project is being carried out with the assistance of ASTA Solutions, ITS Global Consultants and verification experts across the region. 9.2 Delegation of Director’s Seminar on PPPs and Inclusive innovation for the Ministry of finance, P.R. China Dates: 19 – 27 November 2012 Location: Melbourne, Australia The Centre developed a multi-faceted program for 15 Senior Finance Officials led by the Deputy Director General, Mr Wu Jinkang from the Ministry of Finance P.R China, to provide an overview of Australian experience on infrastructure development, PPP infrastructure financing and innovation for inclusive growth. Representatives from Partnerships Victoria, the Victorian Auditor General’s Office, Foster Infrastructure and the State Government Department of Investment and Innovation contributed to a one day seminar discussing the following topics. - PPP investment and development policies in Victoria - Public financing in PPPs – in Australia & Victoria - Public Accountability; the role of the Auditor General - Financing PPPs ‘A case study’ The Centre also arranged a tour of the SMART infrastructure Facility and the Innovation Campus at the University of Wollongong, and a meeting with Mr Rory Brennan, National Infrastructure Coordinator from Infrastructure Australia in Sydney. 9.3 DBI- PPP Visit Vietnam At the request of the Victorian Government Department of Business and Innovation, the Centre Director chaired a lunch meeting with the Vietnam Minister of Finance and a delegation of senior officials to discuss PPPs in infrastructure. 9.4 Future Focus Group-Committee for Melbourne The Executive Manager has been selected to represent RMIT on the Future Focus Group, the Committee for Melbourne two-year business leadership program that commenced in 2012. It develops the leadership skills and commitment of our future corporate community leaders. A significant component of the leadership program is to develop a project to improve Melbourne. Her group is working on a project to assist with improving the international student experience. 10.0 OTHER MEETINGS / SPEECHES 3 May 2012 The Director and the Executive Manager held meetings in Canberra with Treasury, DFAT, and AusAID. 8 May 2012 IFN Roadshow - The Director presented views on the developments in Victoria and in APEC relating to Islamic Finance.

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Ho Chi Minh City Dates: 14 - 22 May 2012 The Executive Manager met with the Australian Consul General Vietnam and several RMIT Vietnam stakeholders including President Merilyn Liddell and Head of the College of Business. She discussed the work of the Centre including further developing the relationship with RMIT Vietnam. Singapore Dates: 6 - 12 June 2012 The Executive Manager met with the APEC Secretariat, the World Bank ‘Urban Hub’, the Banking for the Poor Network and the Australian Embassy while in Singapore. AusAID, PSLP Design Workshop Date: 27 July 2012 Location Canberra Briony Wood-Ingram attended a day long workshop in Canberra with AusAID. This workshop was designed for organisations that were successful in moving to the detailed proposal phase in the March 2012 round of PSLP funding. If covered the Comprehensive Aid Policy Framework and the new requirements for the CAPF principle integration into PSLP detailed proposals, the AusAID results framework, good practice in program design, and an overview of PSLP program implementation. This workshop also offered an opportunity to provide feedback to AusAID on the PSLP. AusAID also outlined for the first time the new Government Partnerships for Development (GPFD) program which will replace PSLP in 2013. Australia - China Investment Relationship Conference Dates: 30 - 31 July 2012 Location: Canberra

The Director spoke at this conference organized by the University of Canberra which included leading experts from the China University of Political Science and Law, Beijing (CUPL) and the State Owned Assets Supervision and Administration Commission (SASAC). Topics included: China’s ‘Go Global’ international investment campaign, new developments in China’s financial system and markets, and the governance and listing of State Owned Enterprises (SOEs). Australian and Chinese experts will develop an analysis of the law and policy governing inbound investment in each country and consider the challenges lying ahead for building and developing a sound investment relationship in areas including corporate governance, competition law, banking and finance, and taxation.

12 October 2012

The Executive Manager met with Mattia Miani from RMIT Vietnam about regional partnership opportunities and expertise within RMIT Vietnam.

16 October 2012

The Executive Manager attended the College of Business Executive Retreat. The retreat focused on setting and testing the strategic plan for the college for 2013. It opened with an address from VC Margaret Gardner about the challenges for the education sector.

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“A Shared Meal” – Food Security Roundtable, RMIT Hamilton Date: 27 September 2012 Location: Melbourne Showground The Director presented a global trade perspective to a round table conversation about the continued production and supply of clean, green and affordable food. The goals of the event included development of an ongoing network with research and continuing dialogue about food supply. The discussion explored the supply chain from production to consumption, business and community needs, available knowledge and responsive policy. This roundtable was organised by RMIT Hamilton and took place as part of the Royal Melbourne Show, it was hosted by the Victorian Royal Agricultural Society Representatives from various groups included: agribusiness, primary industry, young agricultural professionals, academics, government, rural leaders, and urban students. Speech at University of Sydney, Faculty of Law Date: 20 October 2012 Location: Sydney The Director delivered a speech at Sydney University Faculty of Law on multilateral development banks. He spoke on governance, based on his experiences on the board of the Asian Development Bank. This lecture was organised by Ros Grady, CEO of the CIFR at UNSW, and the University of Sydney Faculty of Law. 20 November 2012 The Executive Manager met with Jason Mullen from the Victorian Government Department of Business and Innovation about collaboration opportunities and industry links post Asian Century White Paper. 23 January 2013 The Chairman and the executive manager met with the US Embassy trade team to discuss US priorities in the region and the state of the Trans Pacific Partnership negotiations. 14 February 2013 The Director and Executive Manager visited Canberra for meetings with AusAID, DFAT, Treasury and the US Embassy. 11.0 FUTURE ACTIVITIES Program: Facilitating international trade and supply chain connectivity through good regulatory practice at ASEAN ports and terminal facilities Funding Source: AusAID PSLP Dates: 11-16 March 2013 Locations: Singapore The objective of this activity is to strengthen capacities of regional officials to identify and measure the regulatory impediments to merchandise trade and to develop, assess and implement actions and measures to reform the regulation of port and terminal handling and procedures. The workshop will examine and promote international best practice, both within ASEAN and elsewhere. They will include high quality presentations and course materials prepared and delivered by technical and policy experts in international trade, port and terminal

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handling, logistics, as well as the regulation of those facilities. http://www.apec.org.au/event2.asp?event=90 Training Program: Implementing Regulatory environments to promote financial inclusion Funding Source: AusAID PSLP Dates: 20-22 March 2013 Location: Melbourne, Australia This training program is the second part of a two part program and will focus on ways in which financial and communications regulations can support the delivery of technology driven financial services to the poor.The first component of the Program was a regional Policy Forum that was convened in Melbourne on the 17th/18th October 2012. It will consider case studies of approaches in regional economies on regulatory approaches to:

i) support technology and innovation in financial service provision; ii) comply with ‘Know Your Customer’ and FATF requirements; iii) promote consumer protection in the delivery of financial inclusion, and iv) maintain financial system stability

It will also strengthen linkages and networking capacities between policy makers and regulators in regional economies and across the region. http://www.apec.org.au/event2.asp?event=91 Program: Enhancing Supervision of Banks’ Risk Appetite Frameworks Funding Source: APEC Support Fund Dates: 20-23 May 2013 Locations: Shanghai, China The Australian APEC Study Centre, in collaboration with the Asia-Pacific Finance and Development Center, China, is organising an APEC-funded training program on enhancing the capacity of banking supervisors and regulators to adequately ensure the implementation of sound risk appetite frameworks within the regional banking sector. The project will outline the various roles of financial institution boards and management in developing and implementing effective risk appetite frameworks, linking these directly to strategy and to day-to-day business risk management processes. It will inform the way in which supervisors ought to approach the development and implementation of effective risk appetite frameworks in the large financial institutions they supervise. It will also address issues related to data aggregation and governance arrangements for effective risk management. Program: Food security and sustainable agricultural development in APEC developing economies Funding Source: AusAID PSLP Dates: TBC Locations: Melbourne and RMIT Hamilton This Activity will involve a six-day workshop in Melbourne focusing on: the development of coordinated and comprehensive policy approaches to food security along the supply chain; policy measures to improve domestic farm productivity and sustainability; efficiencies in domestic marketing and distribution channels; and the development of sustainable food security strategies, including access to domestic and global food commodity markets. The workshop will involve presentations by Australian and international experts from public agencies, businesses associations and academia. This program will also involve a two day field trip to South Western Victoria coordinated by RMIT Hamilton which will offer exposure to current, practical examples of concepts presented during this Activity through participation in a

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research facility working on enhancing regional agricultural productivity and relationships between producers and policy makers. 4th Pacific Microfinance Week Conference: Partnerships, new opportunities to build a brighter financial future Dates: TBC Location: Nadi, Fiji Program: Seminar and Policy Dialogue Enhancing the investment environment in APEC and ASEAN economies Funding Source: AusAID PSLP Dates: TBC Locations: Beijing, China and Melbourne, Australia In 2013 the Centre will undertake three activities as part of a multiyear PSLP comprised of research and capacity building components. All components and related activities respond to the priorities of APEC (and ASEAN) leaders to improve investment in the region.This program aims to improve the efficiency and effectiveness of investment procedures, enhance constructive stakeholder relationships/international cooperation, and establish effective monitoring and review mechanisms for investment procedures. The three activities to be completed in 2013 are: 1. As research paper based on consultations with the IEG and the Steering Committee in

2012, the focus of research will be on developing quantitative measures to assess the suitability/friendliness of investment regime in relation to policies on double taxation, capital gains tax and foreign equity ownership. Reforms in these areas are highly relevant to business investment decisions, especially in foreign markets.

2. A seminar in Beijing will involving 25 senior investment officials from APEC developing economies who will present/review research findings, and discuss how reforms can be presented in a way to stimulate increased investment flows in the region.

3. A two-day policy dialogue also in Beijing involving 45 delegates to consider ways to enhance understanding between decision makers in APEC and ASEAN economies on investments undertaken by SOEs and SWFs, and to promote best practice processes. It will build on guidelines of the OECD and other international organisations, as well as the work of the Australia China Investment Relationship Conference (30/31st July 2012) organised by partner groups. It will include a case study of an OECD review of its principles under the Policy Framework for Investments (PFI), with a particular focus on improving transparency and predictability in investment decision making.

APEC Leaders; Summit Dates: October 2013 Location: Bali, Indonesia APEC Study Centres Consortium Dates: TBC Location: Indonesia, TBC “Getting the Framework Right” Workshop Participant Manual on Regulating Microfinance in Asia Funding Source: Foundation for Development Cooperation (FDC) Dates: February- April 2013 Location: Melbourne The objective of the project is to take the existing draft Getting The Framework Right Workshop Participant Manual on Regulating Microfinance in Asia, and produce materials in an appropriate structure and with amended content that results in a practical guide and training

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tool on regulating microfinance in Asia, having potential for ongoing use. The practical guide and training tool would then be pilot tested at a workshop (the workshop is outside the scope of services of this project). Ultimately, the materials may take the form of workshop materials, an online training tool kit, distance education program, etc. This work will be completed by the Australian APEC Study Centre in association with Dr Jules Gribble of Enterprise Metrics Pty Ltd. 12.0 PROPOSALS AND BIDS APEC Support Fund, August 2012 Enhancing Supervision of Banks’ Risk Appetite Frameworks A joint proposal from China and Australia and co-sponsored by Philippines and Russia. (WON) AusAID Government Partnerships For Development (GPFD), March 2013 The Centre will submit proposals for multiyear programs. 13.0 RESEARCH, PUBLICATIONS AND REPORTS 13.1 White Paper Submission Asian Century White Paper Contribution The centre prepared a submission in 2012 for the Asian Century Taskforce. In Chapter 7 of the whitepaper, “Operating in and connecting to growing Asian markets” the Centre gets some recognition: “Our Government Partnerships for Development Program (previously the Public Sector Linkages Program) links Australian public sector agencies and universities to their counterparts in developing countries and provides direct support for capacity building work. For example, the Australian APEC Study Centre at RMIT University draws on the program to fund training courses and symposiums for government officials from across the region, focusing on such areas as sustainable economic growth, strengthening financial systems and food security”. 13.2 Conference and Training Program Reports Reports on all the training programs and other assorted activities mentioned above have been prepared by the various academic coordinators and are available upon request. 13.3 Websites The Australian APEC Study Centre has continued to maintain its main websites, including:

APEC Study Centre (AASC) www.apec.org.au Melbourne APEC Finance Centre (MAFC) www.apec-melbournefincen.org.au

Other: APEC Region Services Trade Database www.servicestradeforum.org 13.4 Newsletters Both newsletters are distributed to the Centre’s subscriber base of circa 4,000+ people: Melbourne APEC Finance Quarterly – MAFC started producing the Melbourne APEC Finance Quarterly in the second half of 2007. The newsletter draws on Centre networks and

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industry linkages for content that considers issues of contemporary importance to the finance sector. We released an edition in 2012. APEC Currents – It was rebranded in 2009 to reflect the new relationship with RMIT and continues to discuss relevant issues. The centre appointed a new editor, Errol Muir, in October 2011. Mr Muir is an Adjunct Professor in the RMIT School of Management. Links to two recent APEC Current editions http://www.apec.org.au/docs/currentsRMIT/2012-2/index.html http://www.apec.org.au/docs/currentsRMIT/2012-3/index.html 13.5 Social Media Linked In The centre has created linked in groups for several of its most recent programs. We have also created a general group. We currently have 26 members and looking to increase its use in our activities. (http://www.linkedin.com/groups?gid=2379282&trk=myg_ugrp_ovr) Yogile The centre has created a photo sharing gallery for pictures from its activities on Yogile. It has proven to be very popular with program participants and they have added many pictures. (http://www.yogile.com/14726/all) 14.0 MEDIA AND PUBLIC RELATIONS In 2012, the Centre activities received many media mentions: 14.1 Coverage of centre activities Winning FDI in APEC economies through Effective Facilitation Global Investment Promotion Benchmarking—Training of Trainers World Bank Group and Australia Help APEC Members Promote FDI, 22 October 2012. http://www.scoop.co.nz/stories/WO1210/S00206/world-bank-group-and-australia-help-apec-members-promote-fdi.htm Asia Pacific Financial Forum ‘Timely moves to form the Asia Pacific Finance Forum’, Boao Review, 26 Nov 2012 http://www.boaoreview.com/finance/2012/1122/18.html

Taiwan Forum ‘Opportunities abound for Australia in Taiwan’, 12 December 2012 Ken Waller http://theconversation.edu.au/opportunities-abound-for-australia-in-taiwan-11134 APEC Lecture 2012 Bishop addresses annual APEC Lecture, RMIT News, 09 January 2013 http://www.rmit.edu.au/browse/RMIT%20News/News/by%20date/Jan/Wed%2009/Bishop%20addresses%20annual%20APEC%20Lecture/ The lecture was also included on Talking Business by RMIT University on ITunes. https://itunes.apple.com/au/itunes-u/talking-business/id421959974?mt=10 14.2 On Television Alan Oxley:

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Bloomberg Asia TV interview, ‘APEC Heads of State: Vladivostok’ 31/08/2012 Interview ABC’s The Business, ‘Asian Century Business Reaction’, 29/10/2012 Ken Waller: SKY News Australia, Interview on Chinese investment in Australia, 30 July 2012 14.3 In Print Alan Oxley Tom Schieffer and Josh Frydenberg ‘Twenty Years On, US Ties As Strong As Ever’, The Australian, 16/07/2012 Http://Www.Theaustralian.Com.Au/Opinion/World-Commentary/Twenty-Years-On-Us-Ties-As-Strong-As-Ever/Story-E6frg6ux-1226426 Catherine Cheney, ‘APEC Summit Settles for Incremental Progress’, World Politics Review, 10/08/2012 http://www.worldpoliticsreview.com/trend-lines/12319/apec-summit-settles-for-incremental-progress Op-ed, Australian Financial Review, ‘Free-trade profusion misses the point’, 22/11/2012 15.0 CENTRE STAFF Alan Oxley continues in his position as Chairman of the Centre. Ken Waller continues as Director of the Centre and Margot Kilgour continues as Executive Manager. Briony Wood-Ingram and Elissa Macleod continue in their roles in project and program management. Jack Gelvezon, Cassandra Oaten and Nofel Wahid continue in their part-time roles.

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16.0 ATTACHMENTS Attachment 1: MISSION STATEMENT 1) To support Australia’s involvement in promoting APEC’s objectives for the integration of

economies of the region and social and humanitarian advancement.

2) To be a centre of excellence for regional institutional capacity building in policy areas relating to trade, finance, investment, structural reform and the environment.

3) To position Victoria as an international provider of financial services education and expertise, and as an international financial services centre, particularly in areas related to pensions and funds management, infrastructure financing and related risk management, and services related to clean development.

4) To promote Australian strategic and economic interests in the region through cooperation with Australian Government, the State Government of Victoria and RMIT University.

5) To organise conferences, workshops, regional dialogues, symposia, research and training programs involving regional and international policy makers, regulators and businesses in support of APEC’s objectives and wider regional interests.

6) To cooperate with RMIT in defining and promoting interests in the region and to disseminate information and materials related to business, regulatory and academic activities.

KEY PERFORMANCE INDICATORS 1) Maintenance of financial viability in accordance with contractual specifications. The budget

to include RMIT overheads as specified by RMIT’s Financial Services Group, and to provide breakdowns of the consultancy and administration expenses.

2) Become affiliated to RMIT’s Global Cities Institute with areas of cross-support identified. 3) Liaise with Global Business Development Unit to ensure the University is informed about

APEC activity and tenders. 4) Assist in the recruitment of two industry or government members to a new College Industry

Advisory Board. 5) Where appropriate, facilitate participation of selected faculty or senior post-graduate

students in centre courses. 6) Profile and enhance the RMIT University brand and the College of Business programs

through four prominent industry events or forums in Melbourne. 7) Provide ongoing co-operation in the development of co-branding initiatives, particularly in

the form of content suitable for the University and College’s industry engagement online portal.

8) Facilitate the engagement between College of Business senior academic staff and

industry/government through two new memberships to prominent industry or government advisory bodies.

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9) Where requested, and where contacts allow, facilitate introductions with industry organisations, and particularly, government.

10) Where requested, facilitate an application to the AusAID ADRA Grant Scheme. Review all

future funding applications to maximise the research component under the DEST ruling.

11) Where requested, facilitate international networks to support College’s international policies in China and Vietnam to deliver outcomes in education, research and industry engagement.

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Attachment 2: THE AUSTRALIAN APEC STUDY CENTRE ADVISORY BOARD Mr Mark Johnson AO, Chairman of the Board, Australian ABAC Member; Chair, Australian

Financial Centre Forum

Mr Bruce Kean AM, Past Chairman of the Board

Mr Alan Oxley, Chairman, Australian APEC Study Centre

Prof Ian Palmer, Pro Vice Chancellor (Business), College of Business, RMIT University

Mr Ken Waller, Director, Australian APEC Study Centre (and Melbourne APEC Finance Centre)

John Larkin, Assistant Secretary, APEC Branch, Department of Foreign Affairs and Trade

Amb Richard Woolcott AC, Former Secretary, Department of Foreign Affairs and Trade

Prof Paul James, Director, Global Cities Research Institute, RMIT University

THE FINANCIAL SERVICES ADVISORY BOARD Mr Ken Waller, Chairman of the Board

Dr Christine Brown, Professor, Department of Accounting and Finance, Monash University

Prof Kevin Davis, Research Director, Melbourne Centre for Financial Studies

Mr Richard Foster, Director, Foster Infrastructure

Mr Joe Garbutt, Consultant

Mr Chris Gaskell, Head of International Relations, Australian Prudential Regulation Authority

Ms Ros Grady, Conjoint Professor and Chief Executive Officer, Centre for International Finance and Regulation (CIFR)

Dr Jules Gribble, Director, Enterprise Metrics

Ms Adeline Hiew, Senior Associate, Ashurst

Dr David Knox, Worldwide Partner, Mercer Consulting

Mr Rod Maddock, Adjunct Professor, Department of Economics, Monash University

Mr Hugh Moor (Observer), Director, Financial Services, Department of Business and Innovation, State Government of Victoria

Mr Alan Oxley, Chairman, Australian APEC Study Centre

Prof Aaron Smith, Associate Pro-Vice Chancellor (Industry Engagement), College of Business, RMIT University

Prof On Kit Tam, Deputy Pro-Vice Chancellor (Business International), College of Business, RMIT University

Mr Ian Thompson, Managing Director, Chief Credit Officer and Head of Research & Training (Asia-Pacific), Standard & Poor’s

Ms Kathryn Watt, General Counsel and Company Secretary, Vanguard Investments Australia Ltd