• Visit Redland City Council
16 °c
Redland Bay
14 ° Wed
14 ° Thu
Tuesday, July 1 2025
Redlands Coast Today - News from Redland City Council
  • Community
    • Get the Facts
    • Environment
  • Planned Burns
    • Disaster Management
  • Business
  • Budget 2025 – 26
    • Budget 2024 – 25
    • Budget 2023 – 24
  • Archive
  • What’s On
  • NewslettersSubscribe
No Result
View All Result
  • Community
    • Get the Facts
    • Environment
  • Planned Burns
    • Disaster Management
  • Business
  • Budget 2025 – 26
    • Budget 2024 – 25
    • Budget 2023 – 24
  • Archive
  • What’s On
  • NewslettersSubscribe
No Result
View All Result
Redlands Coast Today - News from Redland City Council
No Result
View All Result

Council announces review into investment company

23 October 2019
Reading Time: 1 mins read
A A
Share on FacebookShare on TwitterShare on LinkedInEmail

Redland City Council will undertake a review of its investment arm Redland Investment Corporation (RIC) following a decision in today’s General Meeting.

Redland City Mayor Karen Williams said the time was right for a review to ensure RIC continued to deliver benefits for the Redlands Coast community.

“It is now five years since RIC was formed so it makes sense for Council to have a look at it to ensure it is delivering for the community,” she said.

You may also like these stories

Budget delivers investment in essential capital projects

23 June 2025
Just imagine what you can do these school holidays

Just imagine what you can do these school holidays

20 June 2025

“In that time RIC has delivered $2 million in dividends to the Redlands Coast community and delivered and started some important projects that will support the future of our city.

“This includes work starting this week on the Weinam Creek project which will deliver vital community infrastructure.

“At the same time the expectations of Council and the community have evolved and this review will ensure Council continues to meet these expectations.”

Cr Williams said the review would also respond to changes in the local and State Government landscape.

“There has been a great deal of discussion regarding Council controlled entities in other cities, including detailed reports into their operation and governance.
“This review will consider these learnings, along with what is the best business model to deliver for the future of the community.”

Cr Williams said all current RIC projects would continue, with the report to be delivered in time for an incoming Council to consider.

Related Stories

Community consultation opens on draft transport strategies
Roads and transport

Community consultation opens on draft transport strategies

30 June 2025
Harbourside celebration to launch NAIDOC Week on Redlands Coast
Culture

Harbourside celebration to launch NAIDOC Week on Redlands Coast

27 June 2025
Islands receive $6.95m boost for infrastructure
Budget 2025 - 26

Islands receive $6.95m boost for infrastructure

24 June 2025
Budget 2025 - 26

Council delivers $503m Budget with strong investment in infrastructure

23 June 2025
Load More
Redlands Coast
Tuesday, July 1, 2025
Sunny
16 ° c
72%
15.5mh
18 c 10 c
Wed
18 c 10 c
Thu
Redlands Coast Today

Redland City Council acknowledges the Quandamooka People, the Traditional Owners of the land, waters, winds and seas of Redlands Coast. We acknowledge the Elders, past and present, and extend that respect to other Aboriginal and Torres Strait Islander people here.

Connect with Redland City Council

  • Archive
  • Privacy and Legal
  • Right to Information
  • Contact Us

Except where noted, content on this site is licensed under Creative Commons.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Community
    • Get the Facts
    • Environment
  • Planned Burns
    • Disaster Management
  • Business
  • Budget 2025 – 26
    • Budget 2024 – 25
    • Budget 2023 – 24
  • Archive
  • What’s On
  • Newsletters

Except where noted, content on this site is licensed under Creative Commons.