Our internal audit performance

Internal audit’s role is to provide independent assurance that our risk management, governance and internal control processes are operating effectively.

It is the third line in the ‘3 lines’ assurance model, which we use to monitor the operation of controls and risk-mitigation activities to assure the effective and efficient performance of our business processes. During 2022-23, our internal audit team performed 12 business audits and 12 audits on compliance with the Civil Aviation Safety Regulations 1998 were performed.

All corrective actions arising from our internal audits are tracked, and their implementation progress is overseen by the Board Audit and Risk Committee.

External audits

During 2022-23 we were not the subject of any external performance audits by the Australian National Audit Office.