Annual Report 2011 - Royal Australian and New Zealand College of

Transcription

RANZCP ANNUAL REPORT & REVIEW 2011
quality
psychiatric
care and
mental health
contents
The Royal Australian and New Zealand College of
Psychiatrists (RANZCP) is the principal organisation
representing the medical speciality of psychiatry in
Australia and New Zealand and has responsibility for
training, examining and awarding the qualification
of Fellowship of the RANZCP to medical practitioners.
Membership statistics
1
Members of the RANZCP comprise Fellows, Associates (trainees) and Affiliates. Members are based throughout Australia
and New Zealand, as well as in 17 countries worldwide.
2
2011 in Review
Vision
8
Fellows Honoured
Membership numbers
10 President’s Report
Member type
NT Overseas
Total
11 Honorary Secretary’s Report
51
15
114
3,379
12 Treasurer’s Report
A Fellowship of psychiatrists working with
and for the general community to achieve
the best attainable quality of psychiatric
care and mental health.
13
14
7
1
1,028
Purpose
5
2
0
1
0
174
14 C
hief Executive
Officer’s Report
333
69
65
23
115
4,581
NSW
VIC
QLD
NZ
SA
WA
TAS
ACT
Fellow*
902
850
536
327
276
254
54
Associate Member (Trainee)
303
228
185
143
60
74
6
13
6
140
1
1,211
1,091
727
610
337
Affiliate Member
Total
Note: Statistics current as at 31 December 2011.
* The College membership includes a further 332 retired Fellows, who are not included in this count.
Key membership demographic points
• Approximately 56% of current, active Fellows are aged 50 or over, and slightly less than half have held Fellowship
for 20 years or more.
• However, with increasing numbers of Fellows being admitted in recent years, the College also has a sizeable cohort
of newer, younger Fellows. Nearly 15% of College Fellows are under 40, and around 23% of Fellows were admitted
within the last five years.
• Approximately 64% of the RANZCP’s 3,379 Fellows are male, and 36% are female. The gender balance is different
amongst Associate Members (trainees), of whom approximately 55% are female.
• Just under half of all Fellows also belong to at least one of the College’s faculties or sections, which represent
sub-specialty and interest areas within the field of psychiatry.
16 General Council
18 Board of Education
19Board of Practice
and Partnerships
20Branches
29 F aculty, Section and Special
Interest Group Highlights
32 O
verseas Trained Psychiatrists’
Representative Committee
33 T rainee Representative
Committee
34 College Awards
38 New Fellows 2011
ertificates of Advanced
40 C
Training 2011
41Financial Report 2011
The Royal Australian and New Zealand College
of Psychiatrists is a collegial community of
medical specialists and trainees committed
to the following core purposes:
• Preparation of medical specialists in the
field of psychiatry.
• Support and enhancement of clinical practice.
• Influence and leadership across the mental
health sector.
The achievement of these purposes is supported
by work on the following enablers:
• Partnerships and collaboration.
• Organisational effectiveness and performance.
68 Directory
Please note that in late 2011 the College was in the process of updating its Strategic
Plan for 2012-2014 including revision of the College’s vision, values, objectives and
strategic priorities. The new Strategic Plan will be sent to members in early 2012.
The above vision and purpose are from the RANZCP Strategic Plan 2009-2011.
The Royal Australian and New Zealand College of Psychiatrists
ABN 68 000 439 047
www.ranzcp.org
RANZCP Committees
The RANZCP is appreciative of the exceptional contributions of College members on its
various committees. A full list of members on RANZCP committees is available on the
RANZCP website (www.ranzcp.org) at: About Us/Governance/Governance Structure.
2011 in Review
2
3
RANZCP President Dr Maria Tomasic
and Australia’s Mental Health Minister
Mr Mark Butler.
The Gala Dinner at the RANZCP Congress
2011 in Darwin.
The RANZCP Annual General Meeting
at RANZCP Congress 2011.
The RANZCP President and CEO meet with members of Asia Australia Mental Health.
External relations
RANZCP Congress 2011
College conferences
To influence mental health policy and
represent psychiatry, the RANZCP
President, Executive Officers and Chief
Executive Officer regularly meet with a
variety of mental health stakeholders.
Key meetings in 2011 were held with
Australia’s Mental Health Minister
Mr Mark Butler, Shadow Minister
for Mental Health Senator Concetta
Fierravanti-Wells, senior political
advisors, UK Royal College of
Psychiatrists’ President Professor
Susan Bailey and Past President
Dinesh Bhugra, American Psychiatric
Association President Professor John
Oldham and President Elect Dr Dilip
Jeste, and Dr Akiyama Tsuyoshi of the
Japanese Society of Psychiatry and
Neurology. Meetings were also held
with representatives from the AMA,
Mental Health Council of Australia,
NEHTA, the Australian Clinical
Psychology Association, Australian
Human Rights Commission, National
Mental Health Commission, Australian
Psychological Society, SANE, Health
Workforce New Zealand, Asia Australia
Mental Health and Mental Health
Services International Health and
Medical Services.
Over 970 delegates attended the first
ever RANZCP Congress to be held in
Darwin. Darwin offered sunshine
and a relaxed environment, and
the Congress provided stimulating
professional development in a
spectacular location on the Darwin
Waterfront. With a theme of ‘Close
Relations’ the conference brought
together a wide range of mental
health experts across cultures and
specialties and enabled people to
exchange ideas and catch up with
friends and colleagues. Keynote
speakers included Professor Jeremy
Holmes, Professor Sir Robin Murray,
Dr Cornelia Wieman, Professor
Perminder Sachdev, Professor Ma
Hong, Dr Annemaree Bickerton,
Dr David Chaplow and Professor
David Castle.
A new RANZCP conference was hosted
in 2011 – the Medicine in Addiction
Conference – and an enlarged and
revamped Adolescent Forensic Mental
Health Conference was held. The
Faculty of Child and Adolescent
Psychiatry Conference was held in
conjunction with the Australian
Association for Infant Mental Health,
while the Faculty of Forensic Psychiatry
Conference was undertaken with
the Australian and New Zealand
Association of Psychiatry, Psychology
and Law. The annual Faculty of
Psychiatry of Old Age Conference,
Section of Psychotherapy Conference
and New Zealand National Conference
were successful and there was a
Professor Sir Robin Murray workshop
series around Australia and an evening
workshop with Dr Ian McGilchrist.
The annual Travelling Professor
Program saw Professor John Mann
from Columbia University presenting
on the topics of suicide behaviour
and major depression around
Australia and New Zealand.
The Queensland and Victorian
Branches also held conferences.
International Affairs
Working Group
College Executives represented the
RANZCP at the Australian Indigenous
Doctors Association Symposium, the
World Psychiatric Association World
Congress of Psychiatry in Buenos Aires,
the World Psychiatric Association
Regional Meeting in Cairo, the
Committee of Presidents of Medical
Colleges, the World Health
Organization’s Pacific Islands Mental
Health Network and the ATAPS Expert
Advisory Committee.
RANZCP Annual Report & Review 2011
For the first time video conferencing
linked various sites to the Annual
General Meeting and a members’
forum.
Thank you to Congress Convenor
Associate Professor Rob Parker,
Scientific Program Committee Chair
Associate Professor Mal Hopwood
and the whole Organising Committee
for organising a wonderful event.
The keynote presentations of many
RANZCP conferences are available
on the College’s website.
Website: www.ranzcp.org/resources/
video-audio.html
In its first full year the International
Affairs Working Group developed
and formalised regional links with
nations in the Asia-Pacific region and
enhanced existing relationships with
relevant international medical colleges,
associations and societies. A key
initiative was partnering with Asia
Australia Mental Health in a successful
funding approach to AusAID for
initiatives in Fiji and the Solomon
Islands. Representatives from psychiatry
colleges and associations in the Asian
and Pacific regions were invited to
Congress 2011, relationships have
continued to be built with the WHO
Pacific Islands Mental Health Network
(PIMHnet) and the College is liaising
with the World Psychiatric Association
about working together to support
regional activities in South East Asia
and the Pacific.
Policy Development
Working Group
mental health media releases; release
of a telehealth practice support guide;
involvement in electronic health
care record meetings; initiation of
a project to develop resources to
support physical health care for those
suffering from mental illness; and
organisation of a community mental
health forum to determine key
principles to meet the mental health
care needs of the community in
current and future circumstances.
Establishment of Faculty
of Forensic Psychiatry
The Section of Forensic Psychiatry
became the Faculty of Forensic
Psychiatry in 2011 following approval
from General Council. The Faculty of
Forensic Psychiatry is one of the oldest
sub-specialty groups within the
RANZCP structure, having originally
been established as a Section in 1968.
Provisions for membership of the
Faculty of Forensic Psychiatry were
adapted to be in line with membership
of the College’s other two faculties.
Inaugurated in late 2010 the Policy
Development Working Group met
regularly in 2011 to follow up policy
suggestions by members. Activities
included: initiation of position
statements on the impact of media
on vulnerable children, reporting of
suicide, and ehealth and benefits of
online therapies; production of forensic
2011 in Review
continued
4
5
The updated RANZCP website.
The Australian and New Zealand Journal
of Psychiatry.
Australasian Psychiatry.
New publisher appointed
for RANZCP journals
Position statements
and guidelines
SAGE Publications was appointed to
publish the College journals Australian
and New Zealand Journal of Psychiatry
and Australasian Psychiatry from 2012
following an extensive tender, selection
and review process.
The RANZCP creates and updates
position statements and guidelines
to assist members in their practice,
to inform mental health policy and
management, and to enhance public
perception and understanding of
psychiatrists and psychiatric practice.
RANZCP website design
Review of General Council
New special interest groups
The look and feel of the RANZCP
website was refreshed and includes
a new colour scheme and top banner,
a new banner of images which rotate
automatically during page navigation
and improved drop down menus.
A new policy and advocacy tab was
added with information available in a
portfolio approach covering a number
of topics of relevance to psychiatry.
A Review of General Council was
undertaken by an independent external
consultant, Governance Matters, in
2011 to examine the governance
structures, functions and operations of
General Council. Governance Matters
met with General Council, attended a
Governance Symposium at Congress
and held one-on-one meetings with
members at Congress to seek
information on the governance,
function and operation of General
Council. A project plan was developed,
a membership survey, external
stakeholders and General Council
survey undertaken and interviews held
with Executive Officers, the Chief
Executive Officer and Chairs of each
Board, Branch, Faculty and Section.
Two new special interest groups had
their first year of existence in 2011:
the Special Interest Group in Psychiatry
of Intellectual and Developmental
Disabilities and the Special Interest Group
in Youth Mental Health. The Special
Interest Group in Electroconvulsive
Therapy and Neurostimulation was
formed in late 2011. The Private
Practitioners Network became a
Special Interest Group in 2011 to
develop projects, progress important
issues and advocate on behalf of
private practitioners.
Website: www.ranzcp.org
Competency-Based
Fellowship Program
Development of the CompetencyBased Fellowship Program (CBFP)
continued towards introduction of
an international best practice and
competency-based curriculum
framework for the RANZCP training
program from December 2012. The
CBFP will provide an aligned curriculum
with integration between outcomes,
learning opportunities and assessment,
and promote key adult learning
principles including lifelong learning,
self-reflection and workplace-based
assessment. CBFP activities in 2011
included consultations with health
jurisdictions, stakeholders and College
committees, development of training
models and workplace-based
assessment tools and protocols,
syllabus development, creation of
review frameworks and program
pathways, and development of a
training strategy and delivery of
training workshops to supervisors.
Website: cbfp.ranzcp.org
An interim progress report was
delivered based on the review of
legislation, the review of the College’s
governance structure and regulatory
documents, and information in relation
to the governance models of
comparable organisations. The full
report and recommendations of the
Review of General Council was
distributed to members in December
2011 for consultation in 2012.
Trainee and Affiliate membership
of sections and faculties
Trainees (as Associate Members of the
RANZCP) and Affiliate Members were
able to formally join the College’s
sections and faculties from 2011.
Formal membership of these groups
was previously only available to Fellows.
Impact factors increase
for RANZCP journals
During 2011 there was an increase
in Institute for Scientific Information
(ISI) impact factors recorded for both
RANZCP journals, the Australian and
New Zealand Journal of Psychiatry and
Australasian Psychiatry. The Australian
and New Zealand Journal of Psychiatry
increased its 2010 impact factor to
2.418, up from 2.253 the previous
year. The journal is now ranked as
number 56 of 126 journals worldwide
in the ISI category of psychiatry.
Australasian Psychiatry increased its
impact factor from 0.657 to 0.917
and is now ranked 96th. The impact
factor is a measure of the frequency
with which the articles in a journal
have been cited.
Congratulations to journal editors
Professor Gin Malhi (Australian and
New Zealand Journal of Psychiatry)
and Professor Garry Walter
(Australasian Psychiatry) and
their editorial committees.
Submissions to government
Each year the RANZCP seeks to inform
and influence mental health policy
and service delivery across Australia
and New Zealand by participating in
government inquiries. In 2011 the
RANZCP made submissions on the
following topics: the Australian Federal
Budget, patient-centred care, Medicare
rebates for online consultations,
gambling reform, overseas trained
doctors, aid effectiveness, cyber
safety, youth suicide prevention,
reclassification of ECT, barriers to
education, training and employment
participation, and disability care
and support. The RANZCP President
presented at the Community Affairs
References Committee public
hearing regarding the Senate
Inquiry into Commonwealth
Funding and Administration
of Mental Health Services.
In 2011 the following position
statements and guidelines were
produced or updated:
• The abolition of torture.
• Stolen generations.
• Rural psychiatry.
• Ethical guidelines for members
having a financial interest in a
treatment or medical facility.
• Principles in the responsibility
to report impairment of a
medical practitioner.
• Physician assisted suicide.
• Role of psychiatrists in disasters
and terrorism.
• Recognition of Indigenous people
in the Australian Constitution.
• Children in immigration detention.
• Addressing the needs of siblings
of children with disability or
chronic illness.
• Suicide reporting in the media.
• Priority must be given to investment
that improves the mental health of
older Australians.
The RANZCP journals are available
on the College website.
Website: www.ranzcp.org/publications/
ranzcp-journals.html
2011 in Review
continued
RANZCP STRATEGIC PLAN 2012-2014
quality
psychiatric
care and
mental health
6
7
The RANZCP Strategic Plan 2012-2014.
Pharmaceutical Industry
Engagement Working Group
Strategic Plan reviewed
In late 2010 the Pharmaceutical
Industry Engagement Working Group
circulated a consultation paper to all
members, plus each Faculty, Section,
Special Interest Group, Branch, Board
and Committee of the College, to seek
views on draft principles that had been
developed in response to the concern
expressed about the RANZCP’s
interactions with the pharmaceutical
industry. Taking this feedback into
account, an interim report was
presented to General Council in 2011
for direction for the next phase of the
project. The Working Group is now
identifying the implications of each
principle being adopted.
The RANZCP’s strategic direction
was reviewed in 2011. A survey was
distributed to all College members to
gauge views regarding the RANZCP’s
Strategic Plan 2009-2011 and to seek
input into the direction of an updated
Strategic Plan for 2012-2014. General
Councillors assessed the survey results,
reviewed the current Strategic Plan in
light of the survey and the current
mental health landscape, and
developed a new Strategic Plan.
The draft Plan was sent to the
membership for further feedback
and input into the College’s future
direction prior to being finalised.
The Plan will be distributed to
members in early 2012.
Media activity
Specialist Training Program
Media activity was strong in 2011
with media releases used to publicise
the RANZCP conferences and journals
as well as to call for change or draw
attention to a number of topical mental
health issues including: forensic mental
health, gambling, disability insurance,
asylum seekers, beauty pageants,
intellectual disability, Indigenous
mental health, child and adolescent
mental health, the elderly, mental
health funding and natural disasters.
Successful administration of the
Specialist Training Program in Psychiatry
for the Australian government was
undertaken by the RANZCP in 2011,
enabling College trainees to be placed
in expanded settings outside of
traditional public teaching hospitals.
Ninety-six (full-time equivalent) training
positions were managed during the
2011 training year, and the College
also implemented a number of related
support projects providing training
and specialist international medical
graduate up-skilling resources.
Website: www.ranzcp.org/media/
media-centre.html
General Councillors review the RANZCP Strategic Plan.
Australian Medical
Council accreditation
The RANZCP’s current training
program was re-accredited by the
Australian Medical Council until the
end of 2015 following a detailed
accreditation process and submission
by the RANZCP in 2011.
New Zealand membership
engagement survey
The New Zealand National Committee
held a strategic planning session in
February 2011 and a key theme that
emerged was the need to improve
membership engagement and
communication. A survey of New
Zealand members to explore how the
National Committee and Office
can better meet the needs of the
membership was undertaken in
August, the findings of which will
assist the National Committee and
office to better serve and represent
the New Zealand membership at
national and bi-national levels and
inform the prioritisation of activities.
External projects
The RANZCP commenced work on five
external projects in 2011 including the
Rural Health Continuing Education’s
Rural Practice Visits Project and Web
Portal Project, the Behavioural
Psychological Symptoms of Dementia
Project, the Regional Queensland Rural
Psychiatric Training Project 2012-2013
and RANZCP Guidelines Portal Project.
Five projects were completed including
an outcomes measures guide for
consumers, the Regional Queensland
Rural Psychiatric Training Project
2010-2011, the Faculty of Child and
Adolescent Psychiatry’s Siblings Project,
an Indigenous child and family project
on psychotropic medication for
intellectual disabilities and the Planning
Early Intervention and Prevention
Project. Ongoing projects include the
NSW Rural Psychiatrists Project, Mental
Health Professionals Network and the
Children’s Mental Health Coalition.
Fellows
honoured
8
9
Professor Alexander (Sandy) McFarlane AO.
Professor Louise Newman AM.
Professor David Copolov OAM.
Dr Michael Dudley AM.
Throughout 2011, several RANZCP
Fellows were publicly honoured for
their achievements and contributions
with formal honours and awards. The
College congratulates and commends
these Fellows.
Professor Louise Newman AM
(Victoria) was appointed a Member
of the Order of Australia ‘for service
to medicine in the fields of perinatal,
child and adolescent mental health,
to education, and as an advocate for
refugees and asylum seekers’. Professor
Newman is the Director of the Monash
University Centre for Developmental
Psychiatry and Psychology and is an
expert in disorders of early parenting
and attachment difficulties in infants.
Professor Newman is also involved in
advocacy for refugees and asylum
seekers and is the Convenor of the
Alliance of Health Professionals for
Asylum Seekers.
In June 2011, two RANZCP Fellows
were recognised through the Queen’s
Birthday Honours list.
international level’. Professor Sachdev
is Scientia Professor of Neuropsychiatry
at the University of New South
Wales and Clinical Director of the
Neuropsychiatric Institute, The Prince
of Wales Hospital in Sydney. Professor
Sachdev’s most recent work has been
in dementia and pre-dementia
syndromes, in particular relating to
neuroimaging, neuropsychology,
biomarkers and risk factors. He has
extensively examined drug-induced
movement disorders (akathisia, tardive
dyskinesia, tardive dystonia and NMS)
and the outcome of psychosurgery,
and is currently involved in examining
brain stimulation techniques for
psychiatric disorders. He was
instrumental in establishing the
Tourette Syndrome Association of
Australia. Professor Sachdev was the
third President of the International
Neuropsychiatric Association and
inaugural Chair of the RANZCP’s
Section of Neuropsychiatry. He was
awarded the 2010 NSW Scientist
of the Year for Biomedical Sciences.
In January 2011, the following three
RANZCP Fellows were recognised in
the Australia Day Honours list for
their ongoing work and dedication
to psychiatry and mental health.
Professor Alexander (Sandy) McFarlane
AO (South Australia) was appointed
an Officer of the Order of Australia
‘for distinguished service to medical
research in the field of psychiatry,
particularly post-traumatic stress
disorders, to veterans’ mental health
management, and as an author’.
Professor McFarlane is the Head of
the Centre for Military and Veterans
Health at the University of Adelaide
and an international expert in the
impact of disasters and post-traumatic
stress disorders. Professor McFarlane is
also the Senior Adviser in Psychiatry to
the Australian Defence Force and the
Australian Centre for Posttraumatic
Mental Health.
Professor David Copolov OAM
(Victoria) was awarded the Medal
of the Order of Australia ‘for service
to medical research, to professional
organisations, and to higher
education’. Professor Copolov is Pro
Vice Chancellor at Monash University
and is a Professor of Psychiatry at both
that university and the University of
Melbourne. He was the Executive
Director of the Mental Health Research
Institute of Victoria from 1985 to 2004.
Professor Copolov is currently Deputy
Chairman of the Peter MacCallum
Cancer Centre and holds or has
held several advisory appointments
to the Australian federal and state
governments. He is a psychiatric
researcher of international standing,
primarily on schizophrenia.
Dr Michael Dudley AM (New South
Wales) was appointed a member of
the Order of Australia ‘for service to
medicine as a clinician in the child
and adolescent mental health area,
to medical education, and to a range
of professional associations’. Dr Dudley
works as a psychiatrist at The Prince of
Wales Hospital and Sydney Children’s
Hospitals and has extensive experience
in working with youth, Indigenous
people, and refugees who are at risk
of suicide and self harm. Dr Dudley is
a Conjoint Lecturer in Psychiatry at the
University of New South Wales and
conducts research into risk and
protective factors in youth across
metropolitan and regional areas of
Australia. Dr Dudley has been the Chair
of the Suicide Prevention Australia
Board since 2001 and is currently a
member of both the Australian Suicide
Prevention Advisory Council and the
Advisory Board of Inspire Foundation’s
‘Reach Out!’ program.
Professor Perminder Sachdev AM
(New South Wales) was appointed
a member of the Order of Australia
‘for service to medical research in the
field of neuropsychiatry, as a clinician
and academic, and to professional
associations at a national and
Professor Perminder Sachdev AM.
These awards acknowledge the many
contributions psychiatrists are making
to mental health services in Australasia
and the College hopes that this
ongoing focus on mental health
issues will assist in raising awareness,
increasing knowledge and reducing
the stigma of mental illness.
The RANZCP has a current membership
of 4,581 in Australia and New Zealand
and in 2011 we welcomed 165 new
Fellows to the College. Of the total there
are 1,028 trainees and 174 Affiliates.
In late 2011 the Strategic Plan
2012-2014 was developed after
consultation with the membership and
external organisations, to guide our
priorities over the next few years.
10
President’s
Report
We have the privilege of working in
an interesting and challenging field
helping those who have mental illness
and engaging with their families and
carers. The foundation of our practice
is recognition of the developmental,
psychological, biological, social,
environmental and spiritual and cultural
factors that influence mental health.
However there continues to be a lack
of awareness in the general community
of our particular skills and breadth of
expertise and holistic view of mental
illness. Engaging with more external
organisations, enhancing our links with
consumers and carers, and having a
greater media presence and role in
advocacy are some of the ways the
RANZCP has worked to improve this
situation. Importantly, having a greater
engagement with the broader
community also contributes to the
community awareness of mental illness.
A major role of the College is the
training of psychiatrists and there is
continuous work to improve the
training experience, to access and
respond to the feedback from trainees
and to better prepare trainees to work
as psychiatrists. There has been a great
deal of work done within the College
by Fellows and staff to develop the
Competency-Based Fellowship Program
which is on track to begin in December
2012 in New Zealand and January
2013 in Australia. This major revision
of the training program has involved
a significant review of the curriculum,
supervision, training and assessment.
Dr Maria Tomasic, President.
There is a major workforce shortage
of psychiatrists and even with measures
in place to increase medical and
psychiatry numbers there remains a
prediction of an ongoing shortage in
2020. This is an issue in both New
Zealand and Australia and the College
is involved in discussions with
government in both countries in
relation to this issue. In Australia one
of the measures the Commonwealth
Department of Health and Ageing has
implemented has been training
positions funded under the Specialist
Training Program. These positions have
gradually been increased so that in
2011 we had 96 (full-time equivalent)
positions funded, thus increasing the
number of training positions in
Australia by that number. Furthermore,
management of this program was
delegated to the RANZCP and a further
contract to allow us to manage this
program over the next two years has
been put in place. This has allowed us
to have a closer relationship with these
training positions and provided some
funding to do some directly related
projects and to support specialist
international medical graduate-related
activities. This program provides
training opportunities in settings
beyond traditional public teaching
hospitals, with increased training
opportunities in the high prevalence
disorders to better prepare for a
career in psychiatry.
2011 will be remembered as the year
of governance. A comprehensive
review of governance was started
in 2007 and recent events have
confirmed the need for this.
Honorary
Secretary’s
Report
The issues in relation to the Review
of General Council have become
increasingly clear. Hopefully the
refinement of governance changes
will provide a framework to move
confidently into the future with
an organisational structure both
responsive to and representative
of the broader membership. It has
been pleasing to see a level not only
of interest but of engagement,
particularly by younger Fellows.
Many Fellows remain active in a myriad
of committees and their efforts are
often not publicly trumpeted, though
without their active involvement
we would not have the richness of
activities that I have come to see
as representing College life. As an
organisation we are involved in a
variety of projects and endeavours
that are not clear at first glance. Both
educationally and in the development
of policy the College has been active in
the last year. Our level of engagement
with external stakeholders has
increased and our voice, distinctive
and at times dissenting, is being
heard. This is in no small measure
due to the efforts of the President.
It is important not to lose sight of
the other activities that are highlighted
in this Annual Report. Many Fellows
have been publicly honoured for
their commitment in different ways
to psychiatry and it is important to
acknowledge their efforts. Some
Fellows have passed away during
the last year and General Council
always acknowledges them with a
period of silence. We have been
informed of the following deaths:
Training of prospective Fellows in
environments different from the
general public system has become
an integral part of the College’s
commitment to the next generation.
The level of engagement by trainees
is particularly gratifying. Similarly
support for the increasing numbers
of overseas trained psychiatrists is seen
as a priority, though some of the issues
that they face are complex and outside
of the College’s sphere of influence.
Dr Willem Blignault, NSW
Dr John Burvill, SA
Emeritus Professor
John Cawte AO, NSW
Dr John Ellard, AM, NSW
Dr Robert Fisher, United States
All of the activities of the College rely
on the generous pro bono work of
the membership and I would like to
acknowledge and thank all those who
have contributed with their expertise.
The College management has become
increasingly professional and I would
also like to recognise and thank them
all for their valued work.
Dr Colin Harrold, WA
Dr John Kneebone, SA
In this report it is important to
publicly acknowledge the invaluable
work and support of the CEO,
Mr Andrew Peters, and his staff
without whom many of the activities
of the College would be dreams.
Dr John Chalk
Honorary Secretary
Dr David Lowenstern, VIC
Dr Kenneth Mackey, NSW
Dr Walter Mickleburgh, ACT
Dr Neil Molin, WA
Dr Francis Robinson, VIC
Dr Maria Tomasic
President
Dr John Chalk, Honorary Secretary.
11
The College continues in a strong
financial position despite a difficult
global economic situation and our
ongoing commitment to investment
in our core activities. The College’s
audited financial statements are
included in this publication and this
report should be read in conjunction
with those figures. The College
reports on a 12 monthly basis ending
on 31 December of each year.
12
Treasurer’s
Report
The College made a surplus of
$320,454 during 2011. Again there
were pleasing savings against the
operational budget. Much credit for
this is owed to the College Chief
Executive Officer, Mr Andrew Peters,
and his senior management team.
The College continues to actively
work with external partners in a
range of areas. The largest of these
in financial terms has the College
acting as a fund holder and provider
of support programs that allow for
a dramatic expansion of training
positions in psychiatry within Australia.
This business continues to work
efficiently to help us achieve our
strategic goal of enhancing and
improving psychiatric training.
The College continues to build on
earlier work to achieve a CompetencyBased Fellowship Program consistent
with the vision of the Board of
Education and General Council.
For 2011 and future years this is
predominantly supported financially
by our financial reserves. General
Council has taken a long term view
of this project and allocation was
made across a three year period
with some fluctuation in spending
against budget over this period.
General Council has been
well supported by the Resource
Management Committee. It is my
privilege to work with this group of
College Fellows providing strategic
advice and direction around resource
management. During 2011 Dr Rosie
Edwards replaced Dr Nick O’Connor
as Chair of the Human Resources
Subcommittee. I have previously
thanked Dr O’Connor for his lengthy
involvement during his time as a
member of General Council. The policy
development in this area has been
comprehensive and will allow us to
review our governance direction
subsequent to other decisions.
Professor Greg Carter chairs the
Information, Communications and
Technology Subcommittee. Again there
have been dramatic changes in terms
of service provision, policy and strategic
direction since the time of Dr Carter’s
first involvement some years ago. There
have been pleasing investments in this
area with a current trial of improved
electronic communications occurring
in some areas of the College.
Dr John Buchanan continues to
support me in the important work
of the Investment Subcommittee.
Dr Buchanan helped reform new
investments during his term as
Treasurer and has played a major
role in the recent changes to
investment policy. As Dr Buchanan
nears the end of his term on the
Resource Management Committee
we are indebted to his commitment
in this area.
The moneys for investment have
outperformed comparative funds
in recent years. Our policies in this
area have served us well. We have
continued to receive appropriately
conservative advice from our advisers,
JBWere. The financial reports show
ongoing earnings from those
investments. Capital movements
require our annual reporting of
changes reflective of marked
movements in equity and the
value of equities. Again we report
an unrealised loss as part of our
investment portfolio.
13
Finally, as I consider the end of my
term as Treasurer in the next year, I
would like to thank the many people
within the College that I work with
across a broad and diverse number of
groups. Movement over recent years to
improve consolidated College financial
entity has proved to be very successful
and generally well received. Faculties
and sections of the College have clear
processes for using their accumulated
funds for the benefits of members. The
strategic expenditures on major areas
demonstrate our ability to work in a
financially responsible way while still
having considerable focused input
from many Fellows who work hard
in these subspecialty areas.
Dr Darryl Watson
Treasurer
The College made a surplus of $320,454 during
2011. Again there were pleasing savings against
the operational budget.
Dr Darryl Watson, Treasurer.
2011 saw significant progress in the
core College services of education,
policy, practice and membership
support, as well as in its key project
commitments. I am pleased to report
that the College is in good shape in
many of its business operations to
further develop its position as leader
in the field of psychiatry and mental
health in Australia and New Zealand.
14
Chief
Executive
Officer’s
Report
We will continue to focus on becoming
more informed and proactive on
current relevant events and developing
infrastructures that ensure the College
is best placed to manage and address
the different challenges it faces. It is
critical the College continues to meet
demands and requirements to be a
leading medical college and education
and training provider, strong and
robust membership organisation and
secure and transparent business entity.
However the College cannot achieve
all of this without the commitment of
staff and the considerable contribution
of College members who provide their
time and dedication to many aspects
of the College.
The following is an overview
of some of the major activities
undertaken in 2011.
Education and training
• Australian Medical Council
accreditation submission and
re-accreditation of the College’s
current training program until
December 2015.
• Competency-Based Fellowship
Program Pathway final development
and approval of associated
resolutions by the Board of
Education.
• First intake of substantially
comparable specialist international
medical graduates commenced
their clinical placements.
• Successful implementation of
changes to the Objective Structured
Clinical Exam/Modified Objective
Structured Clinical Exam increasing
the number of stations to increase
reliability.
• Continuing medical education/
continuing professional development
audits completed successfully.
• Trainee assessment survey and report
completed which will inform quality
improvement processes.
Practice, policy and projects
• Board and committee support
for the Board of Practice and
Partnerships, Trainees Representative
Committee and the Private
Practitioners Network Special
Interest Group.
• Strong policy development with 26
submissions made to governments,
11 discussion papers/position
statements produced and ongoing
policy and project support for
faculties and Branch offices.
• Five projects completed: an
outcomes measures guide for
consumers, the Regional Queensland
2010-2011, the Faculty of Child
and Adolescent Psychiatry’s Siblings
Project, an Indigenous child and
family project on psychotropic
medication for intellectual disabilities
and the Planning Early Intervention
and Prevention Project.
• Five projects commenced: the
Rural Health Continuing Education’s
Rural Practice Visits Project and Web
Portal Project, the Behavioural
Psychological Symptoms of Dementia
Project, the Regional Queensland
2012-2013 and RANZCP Guidelines
Portal Project.
• Ongoing projects include the
NSW Rural Psychiatrists Project,
Mental Health Professionals
Network and the Children’s
Mental Health Coalition.
• Extensive external salary
benchmarking undertaken,
resulting in a structured assessment
tool and guidelines for use in
remuneration of staff.
• Submitted three funding
applications.
• New Staff Performance Development
Program developed to provide a
more holistic way in which we
train, develop and manage staff,
comprising a partial 360 degree
review, behavioural competencies
and key performance indicators.
• Consultations with Fellows on
how the College can promote
the interests and needs of
psychiatrists in private practice.
Membership and
human resources
• Expansion of the support and
development of the College’s
branches, faculties, sections
and special interest groups.
• Centralisation of Fellows’ referral
details as part of the development
and enhancement of the RANZCP
Fellows’ Referral Directory.
• Management of the tender, review,
selection and contract negotiations
resulting in the appointment of
SAGE Publications as the new
publisher of the College’s journals.
• Continued provision of quality
communications to members.
• Prominent media activity on a
variety of topical mental health
issues and in relation to College
journals and conferences.
• Provision of quality conferences,
headlined by Congress 2011, the
first Congress ever to be held in
the Northern Territory, and the
addition of two new conferences
to the events calendar – Medicine
in Addiction and the RANZCP
Queensland Branch Conference.
• Staff activity reports developed
to provide managers with the
information required to effectively
manage and maximise workforce
effectiveness and efficiencies.
Business operations
• Finance process improvements
resulting in increased productivity
and reduced costs, enabling more
focus on value-added activities.
• Improved cash management and
use of cash resources while ensuring
enough cash reserves are available
for continued business operation.
• Completed remediation of the
primary customer management
database (iMIS) so the College
can offer members services online.
• Upgrade of the College server
infrastructure to Windows Server
2008 along with a number of
significant hardware upgrades.
• Bandwith services commissioned
for all RANZCP owned websites
and commencement of new
website development.
• Successful administration of the
Specialist Training Program in
Psychiatry for the Australian
government, enabling College
trainees to be placed in expanded
settings outside of traditional public
teaching hospitals in 96 (full-time
equivalent) training positions.
• The College vacated its rental
space on level 11 in the Melbourne
office and moved into a larger space
on level 7, replaced carpets on levels
1 and 2, upgraded the reception
area, and relocated the majority
of paper files to a secure external
storage facility.
I would like to acknowledge the
dedicated work of the College’s staff
and senior executive team in delivering
RANZCP priorities. In particular, the
General Manager of Practice, Policy
and Projects Dr Anne Ellison, General
Manager of Education and Training
Ms Elaine Halley, General Manager
of Business Operations Ms Vase
Jovanoska, General Manager of
Membership and Human Resources
Dr Mirco Kabat and my Executive
Assistant Ms Louise Hain.
I would also like to thank the members
of General Council and the Executive
Officers for their ongoing support.
Mr Andrew C Peters
Chief Executive Officer
Mr Andrew C Peters
Chief Executive Officer.
15
General
Council
16
17
General Council is the Board of
Directors of the RANZCP and the
overarching decision-making body of
the organisation. The current structure
has served the College well for many
years, but as the College has developed
and increased in size and complexity,
and the external environment and
demands on the College have
changed, it is an appropriate time
to review this Board structure and
the governance of the RANZCP.
The Review of General Council was
ratified by General Council in August
2010. Through 2011 an external
independent review by consulting
firm Governance Matters occurred
with a final report being submitted
to General Council in November 2011
and released in its entirety to the
membership in December 2011.
The consultancy by Governance
Matters involved extensive member
participation and the final report
presented various options for a
change to the College Board
structure and governance model.
The next phase of the Review process
is for a further stage of membership
consultation to canvass members’
views on the recommended structure.
It will be on the basis of this further
feedback and General Council’s
ongoing discussion and consideration,
that a final proposal will be developed.
A change in board structure and
governance is an important stage in
the life of the College. It has deserved
an extensive process and adequate
time for a maximum number of
members to gain a more in-depth
understanding of how the RANZCP
is governed and to consider the
possible changes. The final proposal,
and the eventual result of the postal
ballot for constitutional change,
to occur in June 2012, will have a
significant impact on the future
running and operations of the College.
By having the vote as a postal vote
rather than at the AGM we hope to
have a significant percentage of the
Fellowship vote on this extremely
important subject.
Executive Officers and other members
of General Council provide considerable
time and effort to discuss and deliberate
on a vast range of issues of importance
to members, and have been engaged
and constructive about the Review of
General Council.
I would like to formally recognise and
thank the Executive Officers and other
members of General Council for their
commitment to the College, and also
like to thank the Chief Executive
Officer and administrative staff for their
ongoing skilled work for the College.
Dr Maria Tomasic
President
Dr Darryl Watson
Treasurer
Dr David Alcorn
Queensland
Dr Michelle Atchison
South Australia
Dr John Crawshaw
Board of Education
Dr Arran Culver
New Zealand
A/Prof Saji Damodaran
Victoria
Dr Rosie Edwards
New Zealand
Dr Dennis Handrinos
Victoria
General Council
(at 31 December 2011)
Dr Scott Harden
Queensland
Dr Maria Tomasic
President
Dr Michael Honnery
New South Wales
Dr Murray Patton
President Elect
Dr Alan Jager
Victoria
Dr John Chalk
Honorary Secretary
Dr Surinderjit Johl
Tasmania
Dr Nicholas Kowalenko
Faculty of Child and
Adolescent Psychiatry
Dr Roderick McKay
Faculty of Psychiatry of Old Age
Dr Ness McVie
Representative of Faculty
of Forensic Psychiatry
Dr Elizabeth Moore
Western Australia
A/Prof Peter Norrie
Australian Capital Territory
Dr Yvonne Skinner
New South Wales
Prof Helen Slattery
Western Australia
A/Prof Geoffrey Smith
Board of Practice and Partnerships
Dr Victor Storm
New South Wales
Dr Rees Tapsell
New Zealand
Dr Peter Tyllis
South Australia
General Council.
Throughout 2011, the Board of
Education (BOE) has continued to
work with constituent committees,
subcommittees and working groups
to support the RANZCP educational
services and facilitate the
implementation of a range of
education related activities.
18
Australian Medical Council
accreditation
Board of
Education
A comprehensive report on progress
in addressing the Australian Medical
Council (AMC) recommendations from
the 2009 AMC Accreditation Review
was submitted to the AMC in
September 2011. This submission
included a separate accreditation report
for the Competency-Based Fellowship
Program (CBFP) as this was considered
to be a major change to the College
training program. Medical Council
New Zealand re-accreditation was
linked to the AMC accreditation
report with an additional submission
addressing New Zealand specific
requirements. As a result of this
report the AMC has granted an
extension of the accreditation of the
current training program into 2015.
A response to the separate report for
CBFP was received in January 2012
and preparations for the stage two
submission are now underway.
Competency-Based
Fellowship Program
Development of the CompetencyBased Fellowship Program (CBFP)
continues to be a priority for the
Board and progress is being made
on a number of fronts. Mapping
of stage one and stage two of the
program has commenced and
will continue into 2012, trainees
commencing rotation one in 2012 will
be participating in workplace-based
assessment feasibility studies and a
number of new policies, regulations
and procedures are being drafted.
Assessment
Dr John Crawshaw
Chair, Board of Education.
The Board continues to support
the implementation of examination
improvements in response to
recommendations of the 2008
External Examinations Review.
The decoupling of the components of
the clinical examinations was
recommended to overcome potential
patient care and safety issues arising
from allowing substandard
performance in one component to be
compensated by better performance in
another. After decoupling, the number
of observations in each component is to
be increased to enhance the reliability
and validity of each component.
Accreditation of training posts
A new Accreditation Subcommittee has
been established which will coordinate
and action the new five year cycle of
accreditation and transition all current
accredited facilities/posts to the new
cycle. The Accreditation Subcommittee
will oversee the review and follow up
of accreditation of facilities and posts
and report back to the Board via the
Committee for Training.
Board of
Practice and
Partnerships
During 2011 the Board of Practice
and Partnerships and its committees
continued to focus on achieving its
overarching strategic aims including:
promoting evidence-based practice and
good professional practice; promoting
participation in research; increasing
community involvement in College
activities; and developing opportunities
for improved engagement with Maori
and Aboriginal and Torres Strait
Islander people.
Key achievements included:
• RANZCP website updated to
better promote information and
resources in respect of policy,
advocacy and practice.
• Development of principles to
underpin the effective delivery
of mental health services to
the community.
• Establishment of community
representation on the Board
of Education and its relevant
committees.
Substantial Comparability
Pathway for specialist
international graduates
• Position statements developed or
updated on: abolition of torture;
role of psychiatrists in disaster
and terrorism; stolen generations;
physician assisted suicide; and
recognition of Indigenous people
in the Australian Constitution.
Phase one of the Substantial
Comparability Pathway was launched
in 2011 and successful applicants
have started their 12 month placement
period. Resources for supervisor
training have been developed and
training sessions have been well
attended. Case-based discussions
assessor training sessions have also
been held and membership of the
Substantial Comparability Assessment
Review Panel has been approved. State
Assessment Panels have been trained
and established across Australia.
• Working group established to
develop resources to support
management of physical health care
of those suffering mental illness.
• Progressed development of a
web portal for clinical guidelines
aimed at increasing the uptake
of evidence-based practice.
Finally the Board acknowledges the
significant contributions of Professor
Philip Boyce (Deputy Chair, BOE) and
Dr Bill Kingswell (Chair Committee for
Examinations), who stepped down
from their roles in 2011, and thanks
them for their commitment to the
College education programs.
• Developed learning outcomes
required to demonstrate
competency in providing
services to Indigenous people.
• Developed Fellow remediation
policy and plan.
The Board supported General Council
in responding to some of the major
changes in policy and practice across
Australia and New Zealand through
development of submissions to
government on: telehealth initiatives;
the definition of practice; health
workforce; education and employment
barriers for people with mental illness;
and the way that governments resource
and deliver mental health care.
During 2011 the Board looked to
develop a more inclusive approach
to ensure the views of all groups,
particularly the broader College
membership, were heard. The
establishment of Board working
groups which include members
with particular expertise from outside
the Committee structure to progress
activities is being used to assist with
this process. One such group will
progress a significant project during
2012 to determine and define the role
of psychiatrists in current and future
health systems and service delivery
frameworks. The views of the broader
membership will be critical in
developing this report, which is likely
to inform future practice and training.
Throughout its activities, the Board
has continued to encourage genuine
community engagement whereby the
needs, perspectives, concerns and
values of consumers and their carers
and families are considered and will
continue to develop such engagement.
Acknowledgement and appreciation
is extended to all members of the
Board and committees for their
work, and to the staff of the Practice,
Policy and Projects Unit for their
continued support and input.
Associate Professor Geoff Smith
Chair, Board of Practice and
Partnerships
Dr John Crawshaw
Chair, Board of Education
Associate Professor Geoff Smith
Chair, Board of Practice and
Partnerships.
19
20
Branches
Vision statement for the
RANZCP ACT Branch
A professional body dedicated to
providing services to those with mental
disorders or mental dysfunction in a
spirit of care, evidence-based practice
and collaboration with allied health
professionals and consumers. The
ACT Branch will pursue the ideals
of professionalism, integrity and
collegiality. The ACT Branch will
support the training and education
of junior mental health professionals
and maintain an apolitical stance
while advocating for optimal mental
health care for our consumers.
The Australian Capital Territory is
a small community with a growing
population of 350,000 and a Branch
membership of 45 RANZCP Fellows
and 16 trainees.
The local Branch is served by a
part-time Administrative Officer,
Ms Isabel Fleitas, who provides
much appreciated assistance and
coordination with head office. Her
cheerful and timely replies to the
many and varied enquiries received
by the ACT Branch provides a valuable
service to our Fellows and trainees.
The Branch office and Administrative
Officer perform an invaluable role
in coordinating local activities and
sharing information locally amongst
members. Adjacent to our office at
Alia House in Deakin is the Mental
Health Council of Australia.
New South Wales
The Branch was delighted to welcome
the 2011 Lundbeck Visiting Professor
Dr John Mann in October 2011 and
Fellows, trainees and all involved in
mental health in the ACT appreciated
his presentations.
2011 has been a very busy and
productive year for the New South
Wales Branch of the RANZCP.
The state election delivered, as
expected, a massive victory for the
Coalition after 16 years of Labor
government. The new Premier Mr Barry
O’Farrell, and the Minister for Mental
Health Mr Kevin Humphries formed a
Mental Health Taskforce for the
purpose of creating an independent
Mental Health Commission. The Bill
to establish this Commission was
read in parliament in late 2011, and
is expected to pass in early 2012,
to enable the Commission to be
operational from 1 July. At a meeting
with Mr Humphries prior to the
election, the Branch was informed
that there would be significant
additional spending in public mental
health services, with a focus on
community services and early
intervention. The Branch intends to
monitor this situation very closely, in
the wake of further major restructures
to health services within NSW.
The Branch continues to support our
trainees and our Director of Training
has expressed appreciation for the
continued interest and involvement
of local Fellows in the ongoing
development of our trainees. The
Branch has continued in its support
for the development of private sector
training for advanced trainees.
The 2011 Annual Scientific Meeting
in March was well attended, well
organised and successful, and had
double the delegates of the previous
year. The Scientific Meeting is an
important Branch activity, and planning
for the 2012 event has commenced.
The Branch offers an Annual Branch
Prize to the most meritorious
presentation by a registrar or junior
doctor in psychiatry at this Scientific
Meeting. This is an event which has
proved to be popular in past years and
is highly valued by Fellows and trainees
for the sharing of local expertise,
research and intellectual interests.
The Branch was delighted with the
response from the NSW Fellowship to
the call for nominations for General
Councillors for the three vacant
positions from May 2011. We received
seven high calibre nominations, and
almost 40% of the NSW Fellowship
cast their votes. The final result was
close, indicating strong support for
all candidates. In May 2011, Dr Victor
Storm, Dr Yvonne Skinner and
Dr Michael Honnery succeeded
the three outgoing Councillors
Dr Nick O’Connor, Dr Richard White
and Dr Adrian Keller.
Dr Len Lambeth
Chair, Australian Capital Territory
Branch
Through negotiations with the NSW
Institute of Psychiatry, the Branch has
commenced hosting some Trainee
Education Lectures from Maddison
House. This has been a fantastic
opportunity for the Branch to increase
engagement with trainees and to
Dr Len Lambeth, Chair
Australian Capital Territory Branch.
welcome them to Maddison House.
The Branch is always looking at ways to
engage and support Fellows, Affiliates
and trainees; and continues to be a
hub of activity, with Faculty and
Section meetings and other activities
happening most evenings and
some weekends.
The Annual Cultural Soiree and
Branch Dinner was another stunning
success, with the evening enjoying its
largest attendance in the six years
of its current format. Guest speaker
Dr Stephen Bergmann was a fantastic
drawcard, our pre-dinner musical and
film sessions were once again very
popular and the awards to Fellows
were well received.
In preparation for hosting RANZCP
Congress 2013 in Sydney, the Congress
Convening and Scientific Committees
have now been well established, and
are chaired by Dr Adrian Keller and
Professor Phillipa Hay, respectively.
Keynote speakers have been invited,
venues locked in and themes chosen,
so planning is ahead of schedule for
this landmark event that defines the
College calendar.
We also note, with great sadness, the
passing of two very distinguished NSW
Fellows during 2011 – Dr John Ellard
and Emeritus Professor John Cawte,
both of whom had been recognised
in the Australian Honours’ lists for their
services to psychiatry. Also recently
deceased is Mr Robert Bowne, the
long-serving caretaker and general
‘Mr Fix-it’ at Maddison House who
contributed to the after hours security
and also did much work in upgrading
the IT system for the NSW Branch. As
he also resided on the premises, he
was well known to many Fellows
and trainees, as well as staff of the
Branch, and will be greatly missed.
Dr Adrian Keller
Chair, New South Wales Branch
Dr Adrian Keller
Chair, New South Wales Branch.
21
New Zealand
22
branches
continued
Dr Rosie Edwards, Chair
New Zealand National Committee.
The New Zealand National Committee
and office have had a productive year.
Activities have included a Membership
Engagement Survey; redesigned
newsletter; successful conference;
development of a statement on adult
attention deficit hyperactivity disorder
(ADHD) and a number of submissions
to government and other agencies on
key issues.
The National Committee held a
planning day in February 2011 to
identify priorities and inform future
activity. A key theme that emerged
was the need to improve engagement
and communication with the New
Zealand membership. A brief survey
was developed and circulated to
New Zealand members, returning
a response rate of 15%. Survey
feedback has provided insight as to
how we can improve communication,
and will inform decision-making
around priorities for action. Some
recommendations arising from an
analysis of survey responses have
been implemented, including
production of more frequent
newsletters, with further activity
planned for 2012.
Northern Territory
The 2011 New Zealand Conference was
a great success with delegates enjoying
a varied scientific program. The College
and medical schools again collaborated
to sponsor the attendance of several
medical students, and this initiative will
be formalised over the coming year.
Northern Territory members were
pleased to welcome RANZCP Congress
2011 delegates to the first ever College
Congress to be held in Darwin. From
29 May to 2 June 2011, over 970
delegates participated in the Congress
held on the Darwin Waterfront. With
a theme of ‘Close Relations’ the
conference brought together a wide
range of mental health experts across
cultures and specialties and enabled
people to exchange ideas and enjoy
the Top End.
The Mental Health Professional Liaison
Committee, a collaboration with the
New Zealand Colleges of General
Practitioners, Clinical Psychologists
and Mental Health Nurses, completed
work on a statement on adult ADHD,
aimed at increasing awareness of the
issue and promoting discussion.
Northern Territory members were
particularly pleased to provide a
Northern Territory flavour to the
event. The Congress was opened by
Administrator of the Northern Territory
Mr Tom Pauling who welcomed
everyone to Darwin. Ms Bilawara Lee,
Elder of the Larrakia Nation, performed
a Welcome to Country and spoke
about spirituality, culture and health
in Indigenous communities.
College members have been active in
the changing policy environment for
mental health in New Zealand, including
the Mental Health Workforce Service
Review, and the development of the
Blueprint II. The New Zealand National
Committee wishes to acknowledge the
excellent work that has gone into these
and other initiatives.
We also wish to thank College staff,
and all those who gave their time and
energy to making 2011 a successful
year. We look forward to a busy 2012.
The diverse and interesting program
included psychiatrists from Japan,
China, Canada and all around Australia
and New Zealand. Keynote speaker
Dr Cornelia Wieman, Canada’s first
female Aboriginal psychiatrist and
Co-Director of the Indigenous Health
Research Development Program and
Assistant Professor in the Dalla Lana
School of Public Health, Faculty
of Medicine, University of Toronto,
Dr Rosie Edwards
Chair, New Zealand
National Committee
provided an interesting presentation
on the mental health of Indigenous
peoples from a Canadian perspective.
There were some excellent dedicated
sessions on Indigenous mental health
and rural and remote issues.
A social highlight was the Gala Dinner
held on the SkyCity lawns under
the sparkling stars of the Northern
Territory sky and by the beach with
entertainment by Indigenous dancers,
delicious food, a band and dancing
in a lush tropical setting.
Thank you to RANZCP Northern
Territory members who contributed
to the organisation of the Congress
and to the Congress Organising
Committee for their superb efforts
in showcasing Darwin and psychiatry,
with special thanks to the sterling
efforts of Associate Professor Rob
Parker as the Convenor who ensured
a relaxed and entertaining conference.
Northern Territory members
continue to work to advocate for
mental health and psychiatry in the
region and the unique issues of the
Territory such as rural and remote
work and Indigenous health.
Dr Marcus Tabart
Chair, Northern Territory Committee
(Until February 2011)
Dr Marcus Tabart, Chair
Northern Territory Committee
(Until February 2011).
23
Queensland
24
branches
continued
2011 has been in my view a very
successful year for the Queensland
Branch of the College with the obvious
highlight being the Continuing Medical
Education (CME) Weekend at Kingscliff.
With over 100 attendees and
overwhelmingly positive feedback
there is a demonstrated appetite from
the Fellows for these kinds of activities.
We will hopefully continue the CME
Weekend as an annual event and
hopefully it will continue to be
something that will interest psychiatrists
and registrars in Queensland.
The popularity of the Bostock Oration
also continues to grow with Dr Michael
Breakspear presenting in 2011 – again
demonstrating the depth of intellectual
talent we have here in Queensland.
The opportunity for new Fellows to be
welcomed by the Branch Fellows with
their families is obviously a popular
part of the evening, with more and
more making the effort to attend.
Besides running the day-to-day
activities of the Branch, the Committee
has also continued to be active in
advocating on behalf of the profession
to both the government and the
opposition. With a state election in
the near future we are forever hopeful
of a bipartisan commitment to
appropriate levels of funding for
mental health despite the budgetary
constraints. The proposed Mental
Health Commission provides an
opportunity for greater, more
targeted and accountable funding,
however this has some pitfalls as
well. We will need to remain vigilant
to ensure the appropriate management
of these changes do not disadvantage
our Fellows and trainees or undermine
services.
South Australia
The Branch plans to make significant
attempts in 2012 to engage with
Fellows in the northern part of our
state. I would see this as a major
priority for the next 12 months. With
modern technology the tyranny of
distance is not the barrier it once was,
but we still need to make a concerted
effort in this regard. Hopefully this
will include a Branch sponsored
event targeting Townsville and
Cairns Fellows. I am sure some of
the ‘southerners’ would also be keen
to attend such an event given the
attractiveness of the location. It would
be great to see this be a success and
to make this a regular event also.
2011 has been another busy year for
the South Australian Branch of the
College. Mental health reform across
the state has progressed with the
opening of three new Intermediate
Care Centres (ICC’s) in metropolitan
Adelaide. These 45 beds across three
regions provide sub acute care as
either a ‘step down’ from an acute
inpatient ward or a ‘step up’ from the
community. Maintaining consistency
between the units in terms of the
model of care has been a challenge
and a review of the ICC’s will be
conducted by SA Health in April 2012.
There has also been progress with
regard to the development of six
integrated mental health teams across
Adelaide and we hope this will provide
much improved services for consumers.
The other major reform initiative
involves the establishment of Limited
Treatment Centres in country South
Australia. This will assist country
hospitals to provide short term
psychiatric admissions from 2013
onwards, reducing the need to
relocate consumers from country to
metropolitan hospitals for treatment
of their mental illness. Reform of the
Older Person’s Mental Health Service
and the development of a forensic
step down facility remain on the
agenda for the next few years. The
Glenside redevelopment is on track
to be completed in 2013 and the
College continues to meet with the
redevelopment team on a three
monthly basis. In addition regular
meetings will now be scheduled
with the Branch Chair, the Executive
Director of Mental Health Services
in South Australia, Mr Derek Wright,
and the Chief Psychiatrist. With the
departure of Dr Margaret Honeyman,
Dr Peter Tyllis is Acting Chief
Psychiatrist for a six month period.
Despite the tumult in the federal
sphere, the Queensland Branch has
remained stable and focused and
achieved very good results for the
Fellows in this state. It is perhaps a
reminder that the branches are a key
aspect of the College’s activities and
need to be active and vibrant if we
are to have a successful College more
generally. I therefore welcome the
greater role for the branches federally
as posited by the proposed restructure
and see this as an opportunity for even
greater enhancement of the Branch
here in Queensland in the coming years.
The successes this year would not have
been possible without the support of
the Branch Committee members and
of course the Branch staff who, despite
being only new to their roles, have put
in an extraordinary effort to pull off
quite significant logistical feats.
I would also like to thank the
Queensland Fellows more generally
for their continued support over the
last 12 months and for the positive
feedback which certainly makes
the role that much less of a burden
than it would otherwise be.
The South Australian Branch held
two meetings with Mr John Hill,
State Minister for Mental Health
during 2011. Agenda items included
the challenges that will emerge
managing the interface between
state funded and COAG funded
initiatives. Our continuing medical
education program was well attended
and speakers included Professor
Malcolm Battersby who spoke about
‘Dismantling CBT, what works and
how’ and Professor John Mann
who presented on ‘Genetics and
Epi-genetic factors in determining
the risks of suicidal behaviour’. Local
neurosurgeon Associate Professor
Andrew Zacest also provided an update
on neurosurgery for psychiatric illness.
The annual Barton Pope Lecture by
Professor Sir Mason Durie was held at
the Adelaide Convention Centre during
Mental Health Week. He provided a
stimulating talk on mental health
service provision for the Indigenous
population in New Zealand.
To encourage the engagement of
Fellows with the College, an annual
dinner will be arranged for mid 2012.
We look forward to this becoming a
regular event for all College Fellows.
I would like to take this opportunity
to thank my colleagues on the Branch
Committee for their support and
active involvement in College activities
as well as our highly valued Branch
Coordinator, Trudy Lisk.
Dr Kate Jarvis
Chair, South Australian Branch
Dr Daniel Varghese
Chair, Queensland Branch
Dr Daniel Varghese
Chair, Queensland Branch.
Dr Kate Jarvis
Chair, South Australian Branch.
25
Tasmania
26
branches
continued
There have been numerous issues for
the Tasmanian Branch Committee to
deal with in 2011. Regrettably Dr Ian
Sale had to stand down as Chair
but not before making significant
contributions to Committee work over
a difficult period. Dr Joanna Bakas
willingly took over as Chair and has
guided the members to work through
a number of matters. Dr Ben Elijah
was appointed to the casual vacancy
of Committee member.
The Tasmanian government made
available to stakeholders the draft
exposure Mental Health Bill 2011 in
the latter half of the year and following
meetings with the Drafting Committee,
the Branch made important
amendments with a submission
to the Drafting Committee to ensure
that the proposed new Mental Health
Act will be workable in practice.
Branch Committee members also
had meetings with Mr Andrew Wilkie,
MP and with the AMA.
There is considerable concern over
cutbacks of staff in mental health
services in Tasmania which have arisen
due to a crisis situation with the state
budget. Many of our members are
concerned about the way cutbacks have
been made without due consultation.
Dr Joanna Bakas
Chair, Tasmanian Branch.
Victoria
Many meetings have been held
to assist with the organisation of
RANZCP Congress 2012 in Hobart,
‘Cells, Circuits and Syndromes’. The
extra time and work generously given
by local members to make this a
worthwhile and memorable meeting
is very much appreciated.
In 2011 the Victorian Branch was
active across the educational, policy
and Fellowship fronts – this period
coinciding with a change of
government in Victoria during the
development of important legislation
such as the new Victorian Mental
Health Act.
The Branch office relocated in October
2011 to a non-hospital location due
to extensive reconstruction being
carried out at the Royal Hobart
Hospital. Our appreciation goes to
Professor Ken Kirkby, Discipline of
Psychiatry, University of Tasmania
for hosting the Tasmanian Branch
over a number of years.
February saw the New Trainees’
Welcome Dinner. In August a highly
successful education symposium
featured Professor John Tiller talking on
bipolar disorders. In October Travelling
Professor talks were presented by
Professor John Mann from Columbia
University (New York) in Melbourne
and Bendigo. November featured the
New Fellows Dinner and an evening
information session by the Victorian
Mental Health Review Board aiming
to recruit new members. Finally the
President’s Address Dinner was held
on 14 December at The Point. Topics
included the College governance
review, psychiatrist recruitment issues
and practitioner privacy legislation.
The north of Tasmania has seen
many changes in personnel during
the year and the challenges that
our members face both in the north
and the south are considerable.
Psychiatry training has been provided
under the dedicated leadership of
both Dr Stephane Auchincloss and
Dr Ian Sale. Trainee numbers have
been steadily increasing and many
members are involved in supervision
which is very much appreciated.
The Branch’s second annual weekend
conference in November saw an exciting
group of speakers, complemented by
an active social program in a wonderful
setting. I was extremely grateful for
the assistance of Ms Jacki Lindsay
from our Branch office, Ms Lisa Murphy
(RANZCP Conference Manager),
Ms Fiona Koschade (RANZCP
Dr Joanna Bakas
Chair, Tasmanian Branch
Administration Officer, Membership and
Communications), plus Dr Jeremy Stone,
Dr Suzy Redston, and Dr Alan Jager
from our Committee for their assistance
in bringing the event together.
In June the Victorian Branch employed
a new Policy Officer, Ms Joanne Cox,
allowing development of policy and
to further build relationships with
external stakeholders, including with
the state government, the Chief
Psychiatrist and other mental health
sector organisations. Submissions were
made on the review of the Registered
Sex Offender’s Act, the Victorian
Mental Health Workforce Strategy,
workforce participation by individuals
with a mental illness and a state
government alcohol and drug strategy.
Two member surveys were undertaken,
on suggestions for budget and policy
direction for the new Liberal
government, and clinicians Worksafe
and TAC dealings. The Branch is
working with the organisations to
help improve services to patients and
psychiatrists. A report was also compiled
for the Victorian Department of Human
Services with guidelines on the use of
psychotropic medications in individuals
with an intellectual disability.
Associate Professor Malcolm Hopwood
Chair, Victorian Branch
Associate Professor Malcolm Hopwood
Chair, Victorian Branch.
27
Western Australia
28
branches
continued
Western Australia is a long way
away, and our time difference and
geographical vastness naturally confer
challenges in our relationship with
the bi-national College. The Western
Australian Branch was looking forward
to hosting College President Dr Maria
Tomasic at a regular Branch Committee
meeting, however lightning at Perth
Airport prevented Maria and College
Chief Executive Officer Mr Andrew
Peters from deplaning for eight hours.
We managed to grab a morning coffee
with these two members of the
Executive before their scheduled return
and explain in person the challenges
that are facing our members.
The establishment of a Mental Health
Commission, as a purchasing body,
has raised community expectations
of major changes in the mental health
landscape. The complexity of that
landscape makes it difficult for the
Commissioner to demonstrably make
a difference, but he has made two
intentions quite clear. The Commission
has declared that the non-government
sector will be gaining additional
resources and is progressing plans to
provide individualised ‘wrap-around’
funding to 100 people with serious
mental illness. The WA Branch was
pleased to be able to successfully
impress the Commissioner with the
need for ongoing funding of child
and adolescent training positions.
By far the most pressing issue for the
RANZCP in WA is also the Minister for
Mental Health’s most pressing agenda
item, the Draft Mental Health Bill.
We are preparing a submission, with
the assistance of staff in Melbourne,
with particular focus on proposed
changes to the provision of ECT, the
role of the Chief Psychiatrist and the
role of the new Mental Health Tribunal.
Psychiatrists are centrally involved in
the daily operation of the Mental
Health Act, to achieve the best possible
mental health outcomes for our
patients, and we want to ensure
the Act is practical and workable.
During 2011 we celebrated Dr John
Penman being awarded the College
Citation for his dedicated meritorious
service to the benefit of generations
of psychiatrists in WA. The business of
recruiting and training and graduating
trainees progressed smoothly, with a
record high intake in 2011 and our
continuing medical education program
was well attended, including by our
colleagues far away by videolink.
Our Branch Coordinator Ms Stephanie
Thomas has provided stability and
increasing confidence in managing the
various responsibilities of the RANZCP.
The WA Branch has communicated
clearly this year with the various
stakeholders, with our patients in
mind. 2012 will be a critical year,
with the Commission and the Mental
Health Minister poised to make a
difference. I would like to thank
my colleagues who voluntarily give
up their time to ensure that the
WA Branch continues to operate.
Dr Alexandra Welborn
Chair, Western Australian Branch
Faculty,
Section
and Special
Interest Group
Highlights
Faculty of Child and
• Development of toolkit for
communications and implementation
following the publishing of the
report: ‘Prevention and early
intervention of mental illness in
infants, children and adolescents:
Planning strategies for Australia
and New Zealand’.
• The Indigenous Child and Family
Mental Health Project Report
was endorsed by General Council.
The next phase of project
implementation will commence
in 2012.
• Development of report and
position statement ‘Addressing
the needs of siblings of children
with chronic conditions’.
• Two meetings of the Children’s
Mental Health Coalition were
convened to further the aims
of this group to expand child and
adolescent mental health services.
• A position statement was
approved by General Council
in November 2011 on the ‘The
impact of media on vulnerable
children and adolescents’.
• Professor Helen Milroy has
been appointed to advise on
the Australian government’s
social and emotional wellbeing
check for three year olds.
• Two conferences were hosted
by the Faculty in 2011:
–G
rowing Up Solid – Joint
Conference of the RANZCP
Faculty of Child and Adolescent
Psychiatry and the Australian
Association for Infant Mental
Health, Perth, 12-14 May 2011.
–C
hild and Adolescent Forensic
Mental Health Conference,
Sydney, 11-12 November 2011.
Dr Nick Kowalenko
Chair, Faculty of Child and
Faculty of Forensic Psychiatry
• The major achievement of the
Faculty of Forensic Psychiatry in 2011
has been the successful application
to Faculty status, from Section status.
• State committees have now been
formed and are active in arranging
inaugural meetings.
• The Faculty of Forensic Psychiatry’s
finances are in a healthy state.
• The Bi-national Committee is actively
exploring ways of ensuring the
ongoing maintenance of standards
of members of the Faculty.
Dr John Chalk
Chair, Faculty of Forensic Psychiatry
Faculty of Psychiatry of Old Age
• Over 100 people attended a
successful Scientific Meeting in
Brisbane in November which
included keynote presentations
about older people coping with
disasters in Queensland and
Christchurch, as well as interactive
sessions about training, current
antidepressant controversies
and leadership.
• Position statement ‘Priority must
be given to investment that
improves the mental health of
older Australians’ released in
December 2011 to highlight the
deficiencies in mental health
planning and policy development
to meet the needs of an ageing
population. A similar statement
focused on needs within New
Zealand will be released in 2012.
• Agreement reached with the
International Psychogeriatric
Association to jointly host the
International Psychogeriatric
Association Meeting 2012 in Cairns
from 7 to 11 September 2012.
• Work commenced by the Faculty of
Psychiatry of Old Age NSW Branch
on a NSW Health funded handbook
relating to the management of
behavioural and psychological
symptoms of dementia.
Dr Roderick McKay
Chair, Faculty of Psychiatry of Old Age
Dr Alexandra Welborn
Chair, Western Australian Branch.
29
Faculty,
Section
and Special
Interest Group
Highlights
continued
Section of Addiction Psychiatry
• Over 200 people attended the highly
successful inaugural Medicine in
Addiction Conference in Melbourne
in March, which was co-hosted
with the Royal Australian College
of General Practitioners.
• The Section contributed to a range
of College submissions to state and
federal governments related to issues
of alcohol, drugs and gambling.
30
• The Section continues to grow
the number of advanced training
positions in addiction psychiatry,
with over 10 advanced trainees
currently enrolled across Australia
and New Zealand.
Professor Dan Lubman
Chair, Section of Addiction Psychiatry
Section of Consultation-Liaison
Psychiatry
• At the Bi-national Committee level,
Dr Alex Holmes stood down as
Chair and we thank him for his
significant contribution. Dr Charles
Hornabrook continued on as the
Section Treasurer. A new Bi-national
Committee was formed with
representation from a majority
of the states and New Zealand.
• The Section now has 34 advanced
trainees across Australia and New
Zealand. The ongoing process of
defining the competency-based
curriculum continued to be led
enthusiastically by Dr Chris Ryan,
supported admirably by the
Advanced Training Subcommittee.
• The Consultation-Liaison Advanced
Trainee Conference was held in
Melbourne in October and was well
attended by more than 40 trainees
and Fellows. A Consultation-Liaison
Advanced Trainee Prize was also
established. State-based conferences
were held in Queensland and New
South Wales with reported good
attendance and the bi-annual Body
in Mind Conference will again be
held in Melbourne in early 2012.
To ensure the continued viability of
the Advanced Trainee Conference,
the Section plans to make this a two
yearly event but also to enlarge it to
become a Bi-national ConsultationLiaison Section Conference. Western
Australia has offered to host the
inaugural event in Perth in 2013.
• The Section has contributed to the
Review of the General Council. It is
hoped that the proposed changes
may enhance the representation
of the Section within the greater
College governance structure.
Dr Toby Syme
Chair, Section of Consultation-Liaison
Psychiatry
Section of Neuropsychiatry
• Distributed a regular neuropsychiatry
newsletter to all Section members.
• Provided draft curriculum to the
College as a precursor to a formal
neuropsychiatry curriculum.
• Section members continued to run
regular educational events in their
respective centres.
• The Section is working towards
running a bi-national educational
workshop in late 2012.
Dr Dennis Velakoulis
Chair, Section of Neuropsychiatry
Section of Psychotherapy
• The Section also contributed to:
• Conference activities remain the
Section of Psychotherapy’s main
area of interest:
– T he Competency-Based Fellowship
Program (CBFP) psychotherapy
long case working group.
– 400 people attended the Section
of Psychotherapy Conference
‘Loosening the Gordian Knot –
Psychotherapy with the Difficult
Patient’ in Melbourne and
Professor Glen Gabbard
was an enthralling and
informative speaker.
–D
eveloping psychotherapy
competencies for the CBFP.
– P rofessor Jeremy Holmes was a
much appreciated psychotherapy
keynote speaker at the Darwin
Congress and the Section also
held a pre-Congress workshop
on psychotherapy supervision.
– P rofessor Iain McGilchrist
gave two marvellous and
well attended presentations
in Hobart and Melbourne.
–A
ll of these events were
run without drug company
sponsorship.
• Some advancement was achieved
in key Section projects; the Section
will continue to follow and make
contributions to this work as these
projects progress:
– Intrusions into the privacy of
clinical records from subpoenas
and other sources.
–C
oncerns regarding the
representation of psychiatry
in the media with little or no
awareness of psychotherapeutic
practice of psychiatrists.
–C
ollege support for Fellows
in need of assistance.
– T he Specialist Training Program
developing capacity in private
posts working group.
• There has been ongoing
communication with the Committee
for Continuing Medical Education
about psychotherapy supervision with
non psychiatric psychotherapists as
peer review activity; this is ongoing.
The Section fielded a representative
on the Private Practitioners Network,
continued the struggle to improve
psychotherapy training for psychiatry
trainees, preserve the psychotherapy
long case for trainees and the
biopsychosocial model of psychiatry
for psychiatrists.
Dr Jenny Randles
Chair, Section of Psychotherapy
Section of Social and
Cultural Psychiatry
• The Section of Social and Cultural
Psychiatry (SOSCP) was formed in
October 1972 and was quite active
in promoting social and cultural
psychiatry in the past. After a quiet
period, the Section held its meeting
during the 2011 Darwin Congress
and during the meeting the
Bi-national Section Committee was
established. The Committee held its
first meeting via teleconferencing on
15 August 2011. An election of
Committee office bearers took place
and Dr Can Tuncer was elected to
the position of Chair and Dr Prem
Chopra to the position of Secretary
of the SOSCP Bi-national Committee.
• The Committee held a face-to-face
meeting in Melbourne on
2 December and it included
discussions on the scope of
social, transcultural and
rehabilitation psychiatry.
• The Section contributed to the
independent external review of
the governance structures, functions
and operations of General Council.
• The Section contributed to the
Mental Health in Multicultural
Victoria Roundtable Meeting in
Melbourne on 2 December.
Dr Can Tuncer
Chair, Section of Social
and Cultural Psychiatry
Special interest groups
Two new special interest groups had
their first year of existence in 2011:
the Special Interest Group in Psychiatry
of Intellectual and Developmental
Disabilities and the Special Interest
Group in Youth Mental Health. An
Electroconvulsive Therapy and
Neurostimulation Special Interest
Group was formed in late 2011. The
Private Practitioners Network became
a special interest group in 2011.
The long established special interest
groups, Special Interest Group in
History and Philosophy of Psychiatry,
Special Interest Group in Leadership
and Management, and Special Interest
Group in Rural Psychiatry continued
their usual activities.
31
32
Overseas
Trained
Psychiatrists’
Representative
Committee
2011 has been a challenging but
also positive year for the Overseas
Trained Psychiatrists’ Representative
Committee. A challenge was that the
last of the founders of the Committee
had to leave this year. Dr Jacqueline
Short ended her co-opted membership,
and Drs Vikas Garg, Mike Jordan,
Anthony Dinesh and Peri Renison
also left. We appointed Drs George
Mathew, Rosalind Mulholland, Arun
Gupta, Gregory O’Brien and Korede
Stephen Jude Ayeni as new members,
but lack representatives for Tasmania,
Northern Territory and Canberra.
We were able to address the most
challenging issues by a change of our
regulations: members are now chosen
for bi-annual terms, with a maximum of
three terms and we have the possibility
to appoint a member from another
state to a position that otherwise would
remain vacant, effectively making some
very active co-opted members full
members with voting rights.
We now have representation on all
relevant boards and committees within
the College including the National and
Branch Committees for New Zealand,
Victoria, New South Wales and
Queensland. Our South Australia and
Dr Annette van Zeist
Chair, Overseas Trained Psychiatrists’
Representative Committee.
The Trainee Representative Committee
(TRC) remains an active contributor
to the work of the College, fielding
voting trainee representatives to most
College boards and committees. In
2011, the TRC focused its resources
on several key training and education
issues, including:
Western Australia representatives are in
contact with their Branch Committees.
We now are in an excellent position to
build long term relationships and
experience in all these groups.
At the Darwin Conference we had a
strong overseas trained psychiatrist
presence, of which especially the
presentations of our former Chair,
Dr Vikas Garg, should be mentioned.
Less successful though was our
networking lunch for overseas trained
psychiatrists, as only a handful of
non-committee members attended.
That made us realise once more that
contact between our Committee and
the overseas trained psychiatrists
in Australia and New Zealand we
represent is essential. Developing
strategies to improve local and regional
communication is now a main focus
within our Committee and you will
surely see us and hear from us in 2012.
Trainee
Representative
Committee
• Contributing to the design and
implementation of the new
Competency-Based Fellowship
Program.
The TRC will retain each of these
areas of focus in 2012, along with
several new initiatives that will be
identified in its 2012 work plan. The
current work plan together with a
growing number of TRC discussion
papers and minutes are available to
all College members on the TRC
section of the RANZCP website.
Dr Brad Hayhow
Chair, Trainee Representative Committee
• Supporting the introduction of more
flexible rural training opportunities,
including the extension of core
psychiatry training opportunities in
rural settings and the phasing-out
of mandatory rural placements.
• Advocating for the development
of an accredited training post
database to better publicise
training opportunities across
• Creating dialogue around tensions
between service delivery and
training in the delivery of the
current psychiatry training program.
Dr Annette van Zeist
Chair, Overseas Trained Psychiatrists’
Representative Committee
• Monitoring examination outcomes
as the College works to implement
the recommendations of the
2009 external review of College
examinations and the accreditation
requirements of the Australian
Medical Council.
Dr Brad Hayhow, Chair
Trainee Representative Committee.
33
College
Awards
34
35
Professor Graham Mellsop, College Citation recipient and Dr Maria Tomasic.
Each year, the College presents a variety
of awards, grants and prizes to
acknowledge outstanding achievements
and contributions to psychiatry, the
community, and the College, and to
recognise excellence in psychiatric
research and training or encourage
new and emerging researchers.
The College Citation
The College Citation recognises special
service to the RANZCP or to psychiatry,
and may be awarded to a Fellow or
other medical or non-medical nominee.
In 2011 College Citations were
awarded to Professor Graham Mellsop
of New Zealand, and Dr John Penman
of Western Australia.
Professor Graham Mellsop was
awarded a College Citation in
recognition of his long and valuable
services to the RANZCP, his significant
involvement in international psychiatry
and his ongoing dedication to quality
improvement for patients and to
training young doctors.
Professor Mellsop continues to make
significant contributions to psychiatry
internationally. He has served as a
zonal representative and board
member of the World Psychiatric
Association, and has consulted for
many Asian and Pacific nations in
collaboration with the World Health
Organization (WHO), The World Bank,
The British Council, or by direct
invitation. Most recently, his
involvement has extended to working
with the WHO workgroup on
developing the next edition of the
International Classification of Diseases.
Professor Mellsop has provided
mentoring and support to Maori
psychiatrists and other Maori mental
health professionals. Through his
clinical work and research he has made
valuable contributions to the Maori
mental health and addiction sector.
Dr John Penman was awarded a
College Citation in recognition of
his long and valuable service to the
RANZCP, and his service as a respected
clinician, teacher, supervisor and
mentor across a generation of Western
Australian psychiatrists and trainees.
Dr Sara Burton, Maddison Medallion recipient and Dr Jason Lee,
Mark Sheldon Prize recipient.
Dr Penman has pushed the
understanding and development of
approaches to psychotherapy and
rehabilitation within the membership
and outside and whilst being fully
engaged he has readily taken
on national and state College
responsibilities over many years,
and is still an active Branch officer.
Dr Penman holds the Western Australian
Branch’s institutional memories and is
still consulted on a regular almost daily
basis by members of the Branch
Committee. He is held in the highest
regard both by the College and by his
peers, and is a worthy and meritorious
recipient of the College Citation.
The Ian Simpson Award
The Ian Simpson Award acknowledges
the most outstanding contributions
to clinical psychiatry as assessed
through service to patients and
to the community.
Throughout his career, Professor
Mendelson has engaged in a wide
variety of professional activities in the
fields of trauma, pain, and psychiatry
and the law, including via numerous
governmental advisory committees.
Notably, Professor Mendelson has
had significant involvement with
the International Association for
the Study of Pain, and the Australian
Pain Society (of which he was
President from 1987-1991).
The Maddison Medallion
Established in 1968 and named
after a former RANZCP President,
the Madidison Medallion recognises
and encourages excellence in the
study of psychiatry.
Dr David Chaplow, Margaret Tobin
Award recipient.
The Margaret Tobin Award
The Margaret Tobin Award was
established in 2003 in honour of
the memory of Dr Margaret Tobin,
and is made to the Fellow who has
made the most significant contribution
to administrative psychiatry in
Australia or New Zealand over
the preceding five years.
The 2011 award was presented to
Dr David Chaplow, national Director
of Mental Health and Chief Advisor
within the New Zealand Ministry
of Health.
The 2011 Maddison Medallion
was awarded to Dr Sara Burton
of Queensland.
The 2011 Ian Simpson Award was
awarded to Victorian Fellow Professor
George Mendelson.
College
Awards
36
37
Professor David Castle, MSD Senior Research Award recipient.
Dr Dan Siskind, MSD Young
Psychiatrist Award recipient.
The MSD Senior Research Award
The Mark Sheldon Prize
The MSD Senior Research Award was
established in 1978, and recognises
excellence in research in psychiatry in
Australia and New Zealand. The Award
recognises the RANZCP Fellow who has
made the most significant contribution
to psychiatric research in Australia and
New Zealand over the past five years.
The Mark Sheldon Prize honours
the memory of the late Dr Mark
Sheldon, and recognises continuing
and outstanding contributions to
Indigenous mental health in either
Australia or New Zealand.
The Section of Psychotherapy
Essay Prize
In 2011 the Award was presented to
Professor David Castle.
The MSD Young Psychiatrist
Award
The MSD Young Psychiatrist Award
was established in 1979 to encourage
and promote research in psychiatry in
The 2011 Award was presented to
Dr Dan Siskind for his paper examining
the cost-effectiveness of improved
primary care treatment of depression
in women in Chile.
The RANZCP thanks Merck, Sharpe
and Dohme for its valuable financial
support of psychiatric research in
Australia and New Zealand, via the
Senior and Young Psychiatrist awards.
The 2011 Prize was awarded to
Dr Jason Lee, in recognition of his
work with disadvantaged Indigenous
populations in north Queensland, and
his involvement in developing regional
services and training activities.
The Pat, Toni and Peter Kinsman
Research Scholarship
The Pat, Toni and Peter Kinsman
Research Scholarship was established
in 1996, supported by a bequest from
the Kinsman family.
The Section of Psychotherapy
Essay Prize is awarded for the best
essay submitted by a psychiatry
trainee or recent Fellow on a
psychotherapy topic.
The Howard Cooper Travelling
Fellowship in Child and
The Howard Cooper Travelling
Fellowship is awarded annually to a
visiting overseas trainee psychiatrist or
psychiatrist from the Asia-Pacific region.
In 2011, the Prize was awarded to
Dr Ingrid Butterfield of the ACT.
The 2011 Fellowship was awarded to
Dr Manveen Kaur Sachdev of Malaysia.
The Medlicott Award
The Connell Werry Prize
The Medlicott Award was established
in 1999 in honour of Professor
Emeritus Reginald Medlicott.
The Award seeks to encourage
achievements and excellence in
research in forensic psychiatry.
The Connell Werry Prize honours
Dr Helen Connell and Professor John
Werry, who were pioneers in the field
of child and adolescent psychiatry in
The 2011 award was presented
to Dr Susanna Every-Palmer of
New Zealand.
In 2011 the Connell Werry Prize
was awarded to Dr Julia Moore
of Western Australia.
In 2011, the Scholarship was awarded
to Professor Rhoshel Lenroot and her
team to fund an innovative controlled
neuroimaging and clinical study
examining the impact of postnatal
depression on maternal responsiveness
and social cognition.
New Fellows
2011
During 2011, 165 candidates were
admitted to Fellowship of the RANZCP.
Northern Territory
Dr Carolyn Little
Australia
Queensland
Dr Jeffrey Adams
Dr Joe Alemkunnapuzha Varghese
Dr Linda Barron
Dr Klaus Martin Beckmann
Dr Margaret Carmody
Dr Darren Cowley
Dr Renee Denham
Dr Kara Forde
Dr Vega Frittelli
Dr Christine Gentner
Dr Dean Isherwood
Dr Brian Jacobs
Dr Sandhya Kachhap
Dr Sharonne Lang
Dr Anna Lazzari
Dr Basil Mantzioris
Dr Judith Martin
Dr Susy Mathew
Dr James McAuliffe
Dr Shannon McCluskey
Prof Gregory O’Brien
Dr Jatheesh Pala Valappil
Dr Susan Pavey
Dr Jane Robertson
Dr Paul Rogers
Dr Leo Ryan
Dr Liza Siebuhr
Dr Terence Teh
Dr Andreja Vuchkov
Dr Monika Walia
Dr Claire Wolfenden
Dr Goran Zdral
Dr Ingrid Butterfield
Dr Pravin Kumar
38
New South Wales
Dr Himalee Abeya
Dr Leticia Aydos
Dr Yajuvendra Bisht
Dr Albert Bortolotti
Dr Isabelle Feijo
Dr Anjana Ferns
Dr Katherine Frankish
Dr Sara Ghaly
Dr Kaylene Henderson
Dr Dubravka Jankovic
Dr Narayana Jarabandahalli
Dr Neil Jeyasingam
Dr Blagoje Kuljic
Dr Yael Levy
Dr Georgios Liangas
Dr Eng Lim
Dr Kitty Lo
Dr Anjaiah Madugula
Dr Fiona McGregor
Dr Adith Mohan
Dr Lisa Myers
Dr Dang Nguyen
Dr Daniel Pellen
Dr Katherine Podzebenko
Dr Ursula Ptok
Dr Biju Rajan
Dr Vanessa Rogers
Dr Michael Scott
Dr Antonio Simonelli
Dr Rajneesh Singh
Dr Clayton Smith
Dr Iveta Valachova
Dr Sameh Younan
South Australia
Dr Rajapaksha Alponsu
Dr Maya Bagato
Dr Michael Batterham
Dr Neeraj Dhawan
Dr Venkatesh Govindaiah
Dr Neeraj Gupta
Dr Shashidhara Hittur Lingappa
Dr Amel Hmam
Dr Vani Kaler
Dr Edward Ko Ko Aung
Dr Therese Lawrence
Dr Hoa Nguyen
Dr Sachin Rai
Dr Shanthi Saha
Dr Prashant Tibrewal
Tasmania
Dr Antony Harcourt
Victoria
Dr Neeraj Aggarwal
Dr Shilpa Aggarwal
Dr Holly Anderson
Dr Shama Aradhye
Dr Anindya Banerjee
Dr Jeremy Blumenthal
Dr Bridget Carty
Dr Tatiana Catanchin
Dr Debra Chong
Dr Claire Cody
Dr Partha Das
Dr Piyumali De Silva
Dr Jayanta Deb
Dr Ganesan Duraiswamy
Dr Alby Elias
Dr Chantal Esnault
Dr Anthony Gallagher
Dr Susira Galpayage Don
Dr Ashu Gandhi
Dr Daniela Gavrilova
Dr Penny Golding
Dr Benjamin Goodfellow
Dr Jessica Hamer
Dr Ruwan Haputhantrige
Dr Victoria Harpwood
Dr Ian Haywood
Dr Chamara Hettiarachchi
Dr Roxana Irimia
Dr Samari Jayarajah
Dr Basanth Kenchaiah
Dr Irina Kolesnikova
Dr Mukesh Kumar
Dr Wayne Lee
Dr Samantha Loi
Dr Kandeyaye Bandaralag Madadeniya
Dr Kelly McKenna-Kerr
Dr Donovan Moncur
Dr Carmel Peavey
Dr Ricardo Peralta-Huezo
Dr Josephine Power
Dr Don Ranasinghe
Dr Anila Rao
Dr Aswin Ratheesh
Dr Vibhay Raykar
Dr Kerryn Rubin
Dr Pawan Singla
Dr Maura Spotorno Da Silva
Dr Natalie Stowe
Dr Ravi Talluri
Dr Naveen Thomas
Dr Ajith Weeraman
Dr Julie Wehbe
Dr Joshua White
Dr Olivia Wong
Dr Amit Zutshi
Western Australia
Dr Kartikey Agarwal
Dr Stephen Ford
Dr Salam Hussain
Dr Pankaj Kataria
Dr Angela McAleer
Dr Lisa Miller
Dr Kevin O’Daly
Dr Amol Pargaonkar
Dr Sanjeev Sharma
Dr Biju Thomas
Dr Darshan Trivedi
Dr Gordon Wang
New Zealand
Dr Sires Bharathan
Dr Catherine Brett
Dr Emme Chacko
Dr Carol Dean
Dr Julie Fitzjohn
Dr Rachel Kan
Dr Etuini Ma’u
Dr Ranjit Menon
Dr Arif Mohamed
Dr Adam Sims
Dr Jeremy Whiting
Dr Inoka Wimalaratne
Canada
Dr Vernon Reynolds
Greece
Prof Nikolaos Stefanis
39
Certificates
of Advanced
Training 2011
During 2011, 48 Fellows were
awarded RANZCP Certificates
of Advanced Training.
Addiction Psychiatry
Dr Carmen Lowe
Forensic Psychiatry
Dr Sathish Dayalan
Dr Paul Furst
Dr Julie Norris
Dr Evelyn Timmins
Dr Claire Wolfenden
Dr Sotiria Zergiotis
Adult Psychiatry
40
Dr Carol Dean
Dr Fiona Wilson
Dr Elsa Yeung
Child and Adolescent Psychiatry
Dr Sally Cleworth
Dr Claire Cody
Dr Kara Forde
Dr Katherine Frankish
Dr Anthony Gallagher
Dr Ainslie Haggitt
Dr Kaylene Henderson
Dr Alastair Howie
Dr Georgios Liangas
Dr James McAuliffe
Dr Natalie Mills
Dr Seema Padencheri
Dr Yolisha Singh
Dr Paraneetharan Sivapathasundaram
Dr Jillian Spencer
Dr Andrew Tucker
Dr Sameh Younan
Psychiatry of Old Age
Dr Clive Bensemann
Dr Stephen Boyd
Dr Abdulatif Burhan
Dr Tanya Clifton
Dr Brendan Flynn
Dr Stephen Ford
Dr Yue (Olivia) Lee
Dr Samantha Loi
Dr Louisa Norrie
Dr Matthew Paradise
Dr Colin Patrick
Dr Lorien Porter
Dr Samuel Ritz
Dr Michael Tielman
financial
report
2011
42
46
47
48
49
50
51
52
53
Councillors’ Report
Auditor’s Independence Declaration
Independent Auditor’s Report
Councillors’ Declaration
Statement of Comprehensive Income
Statement of Financial Position
Statement of Changes in Equity
Statement of Cash Flows
Notes to the Financial Statements
41
Psychotherapies
Dr Penelope Brassey
Dr Sharon Jones
Dr May Matias
Dr Vahid Payman
Dr Anupam Pokharel
Consultation-Liaison Psychiatry
Dr Lindsay Carpenter
Dr Annette Wilkinson
The Royal Australian and New Zealand
College of Psychiatrists
ABN 68 000 439 047
Principal activities
The Councillors have pleasure in presenting their report on the results of the College for the year ending 31 December 2011
and the state of affairs of the College at that date.
The principal activities of the College during the year were to promote the study of psychiatry and investigation and research
in psychiatry, to bring together psychiatrists for their common benefit and for scientific discussion, to disseminate knowledge
of the principles of psychiatry and to conduct examinations for qualifying for membership of the College.
RANZCP Directors’ Attendance at General Council Meetings – 1 January to 31 December 2011
42
Director
Position
Dr Maria Tomasic
Dr Murray Patton
Dr John Chalk
Dr Darryl Watson
Prof Ken Kirkby
Dr John Crawshaw
A/Prof Geoffrey Smith
Dr Dennis Handrinos
Dr Peter Jenkins
Dr Can Tuncer
A/Prof Saji Damodaran
Dr Alan Jager
Dr Adrian Keller
Dr Nicholas O’Connor
Dr Richard White
Dr Yvonne Skinner
Dr Michael Honnery
A/Prof Victor Storm Dr David Alcorn
Dr Scott Harden
Dr Peter Tyllis
Dr Michelle Atchison
Dr Lyndy Matthews
Dr Rosemary Edwards
Dr Rees Tapsell
Dr Arran Culver Dr Surinderjit Johl
A/Prof Peter Norrie
Dr Elizabeth Moore
Prof Helen Slattery
A/Prof Gerard Byrne
Dr Roderick McKay
Dr Phillip Brock
Dr Nick Kowalenko
Dr Ness McVie
President
President Elect (casual vacancy August 2010 – May 2011)
(elected 1 June 2011)
Honorary Secretary (casual vacancy August 2010 – May 2011)
(elected 1 June 2011) Treasurer Immediate Past President (ceased June 2011)
Chair, Board of Education
Chair, Board of Practice and Partnerships
(casual vacancy October 2010 – May 2011) (elected 1 June 2011) Victorian Councillor (casual vacancy May 2010 – May 2011)
(elected 1 June 2011) Victorian Councillor (ceased 1 June 2011) Victorian Councillor (ceased 1 June 2011) Victorian Councillor (elected 1 June 2011)
Victorian Councillor (elected 1 June 2011)
New South Wales Councillor (ceased 1 June 2011)
New South Wales Councillor (elected 1 June 2011)
Queensland Councillor Queensland Councillor (casual vacancy to May 2011)
(elected 1 June 2011) South Australia Councillor South Australia Councillor New Zealand Councillor (ceased 1 June 2011)
New Zealand Councillor (casual vacancy to May 2011)
(elected 1 June 2011) New Zealand Councillor
New Zealand Councillor (elected 1 June 2011)
Tasmania Councillor
Australian Capital Territory Councillor Western Australia Councillor Western Australian Councillor (casual vacancy November 2010 – May 2011)
(elected 1 June 2011)
Chair, Faculty, Psychiatry of Old Age (ceased 1 June 2011)
Chair, Faculty, Psychiatry of Old Age (elected 1 June 2011)
Chair, Faculty of Child and Adolescent Psychiatry (ceased 1 June 2011)
Chair, Faculty, Child Adolescent Psychiatry (elected 1 June 2011)
Representative of Faculty of Forensic Psychiatry (appointed 12 May 2011)
Eligible to Attend
Attended
4
4
4
4
4
4
2
4
4
4
2
4
4
4
4
2
2
2
2
2
2
2
2
2
2
4
3
2
2
1
1
2
2
2
2
2
2
2
4
4
4
2
4
4
4
2
4
4
2
4
4
4
3
3
2
4
4
3
There was no significant change in the nature of these activities during 2011.
43
State of affairs
There was no significant change in the state of affairs of the College during the year.
Operations and results
The total surplus for the College for the financial year amounted to $320,454 (2010: a surplus of $1,077,333).
The movement in the fair value of the investment portfolio is an unrealised loss of $855,238 (2010: $210,990).
As at 31 December 2011 the value of the College investment portfolio with Goldman Sachs JBWere was $10,031,871.
This includes $1,183,315 in a cash management trust account.
The 2011 unrealised loss of $855,238 on a portfolio value of over $10 million indicated an 8.55% drop in capital for 2011,
which was offset by 5.55% income in the form of interest and dividends. This gave the portfolio a return of (-5.06%) which
is better than the ASX 200 Accumulation Index of (-10.53%).
The Specialist Training Program (STP) project is now well established within the RANZCP, with continued management of STP
posts and project development and the RANZCP remains on track with all contractual objectives. Total revenue recognised
during the year for the Specialist Training Program is $6,921,629 and project expenditure accordingly equal to $6,921,629.
Dividends
The Constitution of the College prohibits it from paying dividends.
Indemnities and insurances
No indemnities have been given or insurance premium paid, during or since the end of the financial year, for any person who is or
has been an auditor of the College. College insurance cover covers staff and Fellows undertaking activities under College business.
Proceedings on behalf of the company
No person has applied for leave of court to bring proceedings on behalf of the College or intervene in any proceedings to which
the College is a party for the purpose of taking responsibility on behalf of the College for all or any part of those proceedings.
The College was not a party to any such proceedings during the year.
Subsequent events
There are no commitments or contingencies known to the Councillors that would materially affect the state of affairs of the College.
Likely developments
There are no likely developments in the operations of the College that will result in significant change to the core operations in
subsequent financial years upon which the Councillors consider there is a need to comment at this time.
Councillors’ benefits
4
2
2
2
2
2
4
2
2
1
2
2
Since the end of the previous financial year no councillor has received or become entitled to receive any benefits (other than a
benefit included in the aggregate amount of emoluments received or due and receivable shown in this report) by reason of a
contract made by the College with the Councillor or with a firm of which the Councillor is a member, or with a company in
which the Councillor has a substantial financial interest.
Councillors are required to pay membership subscriptions at the rates applying to other members and are entitled to discounts
only when such discounts are available to all members.
continued
44
Key objectives and strategic priorities overview
Members’ liability
The RANZCP is a fellowship of psychiatrists working with and for the general community to achieve the best possible quality of
psychiatric care and mental health.
Capital capable of being called up in the event of and for the purpose of winding-up
is no more than $20 per member
20112010
– Total paying members
3,0442,881
– Members @ $20 per member
1. Preparation of medical specialists in the field of psychiatry
A major focus of the College is to attract an increased number of medical graduates to the specialty of psychiatry and increasing
the number of graduates successfully completing psychiatry training and entering practice. There is a trend of increased intake to
Fellowship training as well as in the number of new Fellows admitted (40% increase in new Fellows in 2011 compared with 2006).
$60,880$57,620
Environmental issues
The Trainee Representative Committee (TRC) input into RANZCP decision-making has been strengthened. TRC members
contribute to the development and implementation of the Competency-Based Fellowship Program (CBFP) through participation
in CBFP working parties. Progressing curriculum improvement is a major College undertaking and the roll out of the new
Competency-Based Fellowship Program is on track to begin in December 2012 in New Zealand and January 2013 in Australia.
The College has also enhanced its provision of a broader range of training positions with the Specialist Training Program
contract secured with the Department of Health and Ageing and increase of funding for posts as well as a range of support
project activities.
The College is committed to reducing its carbon footprint. The 2011 annual report will be distributed to members electronically,
and all papers for the weekly Executive Committee meeting and branch newsletters have been distributed electronically.
Committees were encouraged to replace face-to-face meetings where appropriate with teleconferences to reduce air travel.
The RANZCP continues to maintain full Australian Medical Council (AMC) and Medical Council of New Zealand (MCNZ)
accreditation.
Signed on behalf of the Councillors:
2. Support and enhancement of clinical practice
The RANZCP sets and accredits standards of psychiatric training practice and provides a broad range of membership support
services. The College strives to promote growth and provide increased support to RANZCP Affiliates and enhance pathways to
Fellowship. COAG guidelines on Specialist Assessment Pathways have been implemented for combined specialist assessment,
Area of Need (AON) and specialist training. The pathway for substantially comparable specialist international medical graduates
(SIMGs) was launched on 1 July 2011 and has reached the quota of 20. It is anticipated that phase two of the pathway will
commence in early 2013 once phase one of the pathway has been evaluated.
Auditor’s independence declaration
A copy of the Auditor’s independence declaration as required under Section 307C of the Corporations Act 2001 is set out
on page 46.
Dr John Chalk
Honorary Secretary
3. Influence and leadership across the mental health sector
The College undertakes a leading role in the evolution of mental health policy, practice and administration. It also provides
informed input in workforce development, distribution, role evolution, regulation and accreditation, and publishes leading edge
mental health journals.
Dr Darryl Watson
Treasurer
The RANZCP advocates strongly for mental health outlays commensurate with the burden of disease due to mental illness and
actively engages the media with a view to enhance public perception and understanding of psychiatrists and psychiatry practice.
30 March 2012
The College is actively engaged with the Australian and New Zealand governments, a number of other Australian, New Zealand
and international mental health organisations and consumer and carer organisations. The College is also an effective contributor
and participant in the South East Asian and Pacific Island regions and has close relationships with psychiatry colleges in the
United Kingdom, Canada and the American Psychiatric Association.
4. Organisational effectiveness and performance
The RANZCP continually strives to achieve standards of organisational excellence with respect to organisational governance,
culture, systems, employment and calibre of staff. There is ongoing development of governance training of Directors.
Currently the College is in the process of finalising the outcome of an independent review of its governance and board
structure. The final recommendations of the review were presented to the Fellowship in December 2011 for consideration.
45
Auditor’s independence declaration
Independent auditor’s report
46
47
Councillors’ declaration
The Councillors of the College declare that:
1. The financial statements and notes as set out in pages 49-67, are in accordance with the Corporations Act 2001:
48
(a) comply with Accounting Standards and the Corporations Regulations 2001; and
(b)give a true and fair view of the College’s financial position as at 31 December 2011 and of its performance for the year
ended on that date.
2. In the Councillors’ opinion there are reasonable grounds to believe that the College will be able to pay its debts as and when
they become due and payable.
This declaration is made on behalf of the Councillors:
Statement of comprehensive income
For the year ended 31 December 2011
20112010
Revenue from continuing activities
Notes
$
$
Operating revenue
Subscriptions
5,321,1754,946,507
Training and exam fees
4,067,0953,864,897
Branches, faculties and sections
134,043143,642
49
Projects
8,433,4668,119,394
Publications
160,03090,036
Other
724,832440,777
Total revenues from operating activities
18,840,64117,605,253
Non-operating revenue
Investments2
(29,710)472,225
Total revenues from non-operating activities
(29,710)472,225
Total revenue from continuing activities
18,810,93118,077,478
Dr John Chalk
Honorary Secretary
Dr Darryl Watson
Treasurer
30 March 2012
Expenses for continuing activities3
Operating expenditure
Staff – salaries and wages
3,975,7914,700,886
Staff – other expenses
3,015,0952,961,362
Branches, faculties and sections
2,187,5331,637,499
Projects
8,571,0326,848,070
Publications
58,93055,306
General Council and boards
682,096797,022
Total expenses from continuing activities
18,490,47717,000,145
Net surplus/(deficit) from continuing activities
320,4541,077,333
Profit/(loss) attributable to members of the College
320,4541,077,333
Other comprehensive income
Total comprehensive income for the period
320,4541,077,333
The statement of comprehensive income should be read in conjunction with the accompanying notes.
Statement of financial position
Statement of changes in equity
As at 31 December 2011
20112010
Assets
Notes $$
50
Current assets
Cash and cash equivalents
4
Trade and other receivables
5
Other assets
6
Other financial assets
7
Financial assets held for trading
7
Total current assets
4,503,4739,354,546
417,543124,818
866,087284,705
4,062,0442,325,498
8,848,5567,342,347
18,697,70319,431,914
Non-current assets
Property, plant and equipment
8
Total non-current assets
Total assets
6,197,3696,329,465
6,197,3696,329,465
24,895,07225,761,379
Liabilities
Current liabilities
Trade and other payables
9
7,817,7639,130,372
Provisions11
460,555334,901
Total current liabilities
8,278,3189,465,273
Retained
Foundation
Reserves
Total
earnings fundAsset
revaluation Kinsman
AMC
$$$$$$
Balance at 1 January 2010
Comprehensive income
for the period
Transfer to/(from)
Balance as 31 December 2010
Comprehensive income
for the period
Transfer to/(from)
Balance at 31 December 2011
4,466,185
6,473,913
3,250,190
663,541
200,000
15,053,829
51
1,077,333
1,077,333
25,000
(25,000)
–
5,568,518
6,473,913
3,250,190
638,541
200,000
16,131,162
320,428
320,428
25,000
(25,000)
–
5,913,946
6,473,913
3,250,190
613,541
200,000
16,451,590
The statement of changes in equity should be read in conjunction with the accompanying notes.
Non-current liabilities
Trade and other payables 10
35,14035,140
Provisions11
130,025129,804
Total non-current liabilities
165,165164,944
Total liabilities
8,443,4839,630,217
Net assets
16,451,58916,131,162
Equity12
Reserves:
Kinsman Bequest
AMC accreditation reserve
Retained surpluses
Foundation fund
Asset revaluation reserve
Total equity
613,541638,541
200,000200,000
5,913,9455,568,518
6,473,9136,473,913
3,250,1903,250,190
16,451,58916,131,162
The statement of financial position should be read in conjunction with the accompanying notes.
Statement of cash flows
Notes to the financial statements
Cash flows from operating activities
52
20112010
Notes
$
$
Receipts from members and others
Payments to suppliers and employees
Dividends and distributions received
Interest received
Net cash (used in)/provided by operating activities
14
19,839,35921,278,743
(21,166,414) (16,174,275)
738,494563,564
226,580232,304
(361,981)5,900,336
Cash flows from investing activities
Payment for property, plant and equipment
Payments for investments
Receipts from trading in investments
Net cash (used in)/provided by investing activities
Net increase/(decrease) in cash held
(251,526) (223,286)
(7,623,216)(1,864,604)
3,385,6502,983,958
(4,489,092)896,068
(4,851,073)6,796,404
Cash and cash equivalents at the beginning of the financial year
9,354,5462,558,142
Cash and cash equivalents at the end of the financial year
4,503,4739,354,546
4
The statement of cash flows should be read in conjunction with the accompanying notes.
Note 1. Statement of significant accounting policies
The financial report is a general-purpose financial report that has been prepared in accordance with the requirements of
the Corporations Act 2001, Australian Accounting Standards, and other authoritative pronouncements including Australian
Accounting Interpretations of the Australian Accounting Standards Board.
The financial report covers The Royal Australian and New Zealand College of Psychiatrists (‘the College’) as an individual entity.
The Royal Australian and New Zealand College of Psychiatrists is a company limited by guarantee, incorporated and domiciled
in Australia.
The operations of the College are to promote the study of psychiatry and investigation and research in psychiatry, to bring
together psychiatrists for their common benefit and for scientific discussion, to disseminate knowledge of the principles of
psychiatry and to conduct examinations for qualifying for membership of the College.
The registered office of the College is 309 La Trobe Street Melbourne 3000.
Accounting Standards include Australian equivalents to International Financial Reporting Standards. A statement of compliance
with International Financial Reporting Standards cannot be made as the College is considered to be a not-for-profit entity and
has prepared the financial statements in accordance with the requirements regarding not-for-profit entities as contained in
Australian Accounting Standards.
The financial report was authorised for issue by the Councillors on the date of the Councillors’ declaration.
The following is a summary of the material accounting policies adopted by the entity in the preparation of the financial report.
The accounting policies have been consistently applied, unless otherwise stated.
Basis of preparation
The accounting policies set out below have been consistently applied to all years presented.
Reporting basis
The financial report has been prepared on an accruals basis and is based on historical costs modified by the revaluation
of selected non-current assets, and financial assets for which fair value basis of accounting has been applied.
The financial report is presented in Australian dollars.
Accounting policies
(a) Company limited by guarantee
In the event of the College being wound up, where the assets are insufficient to meet the liabilities, each member of the
College is liable to contribute no more than $20.
(b) Critical accounting estimates and judgements
The Directors evaluate estimates and judgements incorporated into the financial report based on historical knowledge and
best available current information. Estimates assume reasonable expectation of future events and are based on current trends
and economic data, obtained both externally and from within the College.
Key estimates – impairment
The College assesses impairment at each reporting date by evaluating conditions specific to the College that may
lead to impairment of assets. Where impairment triggers exist, the recoverable amount of the asset is determined
using value-in-use calculations.
53
Notes to the financial statements continued
(c) Comparatives
Where necessary, comparatives have been reclassified and repositioned for consistency with current year disclosures.
54
(d) Foreign currencies
Amounts received in foreign currency are translated at a predetermined spot rate, the balances of foreign currency denominated
accounts (GBP and NZD) are accounted for at the rate on 31 December 2011.
(e) Taxes
Income taxes
No income tax is payable on the net income for the period as outlined in section 50-5 of the Income Tax Assessment Act 1997
(section 23(g)(ii) of the ITAA 1936) and supported by a ruling given by the Deputy Commissioner.
Projects
Project income is recognised when the relevant expenditure has been made and the income is no longer repayable. When
recognising income each project is looked at on its own merit, and income phased using the percentage of completion method.
Income that is specifically tied to a milestone is recorded once the milestone is complete. Expenses are recognised when
incurred. This is consistent with the method adopted in prior years.
Specialist Training Program registrar support costs
Revenue is recognised as soon as claims are paid out to participants that have claims approved. The net effect on RANZCP
surplus/(deficit) for registrar support costs will always be zero. Contract administration, support projects and IMG associated
income are recognised consistent with our project revenue recognition methodology.
As the College is exempt from income tax the requirements of Australian Accounting Standards in relation to income tax
do not apply.
Exam fees
Exam fees are recognised when the exam has taken place and the results distributed. Exam revenue received in advance
is treated as income in advance until the exam has taken place.
Goods and Services Tax (GST)
Revenue and expenses and assets are recognised net of the amount of GST except:
Interest
Control of the right to receive the interest payment.
• where the GST incurred on a purchase of goods and services is not recoverable from the taxation authority, in which case
the GST is recognised as part of the cost of acquisition of the asset or as part of the expense item as applicable; and
• receivables and payables are stated with the amount of GST included.
The net amount of GST recoverable from, or payable to, the taxation authority is included as part of receivables or payables
in the statement of financial position.
Cash flows are included in the statement of cash flows on a gross basis and the GST component of cash flows arising from
investing and financing activities, which is recoverable from, or payable to, the taxation authority, are classified as operating
cash flows.
Dividends and distributions
Control of the right to receive the dividend or distribution payments.
(g) Cash and cash equivalents
Cash and cash equivalents include cash on hand, deposits held at call with banks, other short term highly liquid investments
with original maturities of three months or less, and bank overdrafts.
(h) Trade and other receivables
Trade and other receivables are recognised and carried at original invoice amount less a provision for any uncollectible debts.
An estimate for doubtful debts is made when collection of the full amount is no longer probable. Bad debts are written-off
as incurred.
Commitments and contingencies are disclosed net of the amount of GST recoverable from, or payable to the taxation authority.
(f) Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the entity and the revenue can
be reliably measured. The following specific recognition criteria must also be met before revenue is recognised:
Rendering of services
Where the contract outcome can be reliably measured, control of the right to be compensated for the services and the stage
of completion can be reliably measured. Stage of completion is measured by reference to the total expenditure incurred to date
as a percentage of total estimated expenditure.
Where the contract outcome cannot be reliably measured, revenue is recognised only to the extent that costs have been incurred.
Subscriptions and training fees
Subscription and training revenue are recognised for the period for which the member has subscribed. The subscription
and training fee is payable annually for the period 1 January to 31 December.
(i) Financial assets
Financial assets are recognised on the statement of financial position when the College becomes party to contractual provisions
of the financial instrument.
A financial asset is derecognised when the contractual rights to the cash flows from the financial assets expire or are transferred
and no longer controlled by the entity.
All financial assets are initially recognised at cost, being the fair value of the consideration given and including acquisition
charges associated with the investments.
After initial recognition a financial asset designated as held for trading, is measured at fair value through profit and loss as doing
so results in more relevant information, because the group of financial assets is managed and its performance is evaluated on a
fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is
provided internally on that basis to key management personnel.
A gain or loss arising from a change in fair value of a financial asset or financial liability classified at fair value through profit and
loss is recognised in profit and loss.
55
56
For financial assets that are actively traded in organised financial markets, fair value is determined by reference to Stock
Exchange quoted market bid prices at the close of business on the statement of financial position date.
An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than
its estimated recoverable amount.
For investments where there is no quoted market price, fair value is determined by reference to the current market value of
another instrument which is substantially the same or is calculated based on expected cash flows of the underlying net asset
base of the investment.
Gains and losses on disposals are determined by comparing proceeds with the carrying amount. These gains or losses are
included in the statement of comprehensive income. When revalued assets are sold, amounts included in the revaluation
reserve relating to that asset are transferred to retained earnings.
Purchases and sales of financial assets that require delivery of assets within the time frame generally established by regulation
or convention in the market place are recognised on the trade date, i.e. the date that the College commits to purchase the asset.
(k) Impairment of assets
At each reporting date, the College reviews the carrying values of its assets to determine whether there is any indication that
those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the higher of the assets
fair value less costs to sell and value in use, is compared to the asset carrying value. Any excess of the asset carrying value over
its recoverable amount is expensed to the statement of comprehensive income.
(j) Property, plant and equipment
Each class of property, plant and equipment is carried at cost or fair values less, where applicable, any accumulated depreciation
and impairment losses.
Land and buildings
Freehold land and buildings are shown at their fair value, less subsequent depreciation for buildings.
Any accumulated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset and the
net amount is restated to the revalued amount of the asset.
Increases in the carrying amount arising on revaluation of land and buildings are credited to a revaluation reserve in equity.
Decreases that offset previous increases of the same asset are charged against fair value reserves directly in equity, all other
decreases are charged to the statement of comprehensive income.
Revaluation – Land and buildings
Refer Note 8 for details of most recent valuation.
Office equipment, furniture and fittings and art collection
Office equipment, furniture and fittings and the art collection are measured on the cost basis less depreciation and impairment
losses.
The carrying amount of office equipment, furniture and fittings and the art collection is reviewed annually to ensure it is not
in excess of the recoverable amount from these assets.
(l) Trades and other payables
Liabilities for creditors and other amounts are carried at cost, which is the fair value of the consideration to be paid in the future
for goods and services received, whether or not billed to the College.
(m) Revenue in advance – projects
Any difference between amounts received for projects at any time and revenue recognised under the College’s revenue
recognition policy for services rendered is classified as ‘Unearned income – projects’ and recognised as a liability of the College.
(n) Employee benefits
Provision is made for the company’s liability for employee benefits arising from services rendered by employees to balance date.
Employee benefits that are expected to be settled within one year have been measured at the amounts expected to be paid
when the liability is settled, plus related on-costs. Employee benefits payable later than one year have been measured at the
present value of estimated future cash outflows to be made for those benefits.
Employee entitlements include provisions for the payment of recreation leave, long service leave and superannuation
contributions which have accrued to staff members, to which they are presently entitled or are likely to become entitled.
(o) Leases
Lease payments for operating leases, where substantially all the risks and benefits remain with the lessor, are charged as
expenses in the periods in which they occur.
Depreciation
The depreciable amount of all fixed assets including buildings, but excluding freehold land, is depreciated on a straight line basis
over their useful lives to the entity commencing from the time the asset is held ready for use. The depreciation rates used for
each class of asset are:
(p) New accounting standards and Australian Accounting Interpretations
All the new and revised accounting standards issued by the Australian Accounting Standards Board (‘AASB’) that are relevant
and effective for the annual reporting period beginning on 1 January 2011 have been adopted by the College.
Buildings2.5-10%
Furniture and fittings
10-20%
Office equipment
20-33%
Sculpture0%
The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each statement of financial position date.
Note 2. Revenue from continuing activities
Investments
Interest
– From other persons
Dividends and distributions
– From other corporations (JBWere Investment Portfolio)
Unrealised change in market value of investments held for trading
Realised change in market value of investments held for trading
Total investment revenue
2011
2010
$$
218,672155,009
746,401571,397
(855,238)(210,990)
(139,545)(43,191)
(29,710)472,225
57
Note 3. Expenses and losses/(gains)
58
Depreciation of non-current assets
Buildings
Furniture and fittings
Office equipment
Total depreciation of non-current assets
Auditor’s remuneration:
Auditing services – audit of financial report
Other assurance services
Total audit expenses
Employee entitlements:
Annual leave
Long service leave
Total employee entitlements
Change in provision for doubtful debts
Operating lease/rental
Foreign currency exchange differences
Employment benefit expenses
Superannuation/defined contribution expenses
2011
2010
$$
180,874177,918
19,54617,537
183,202276,663
383,622472,118
33,00032,000
13,20015,400
46,200 47,400
27,773(77,558)
98,100(7,169)
125,873(84,727)
(120,060)34,777
142,48356,289
20,05641,352
5,639,1075,989,178
416,867457,794
Note 4. Cash and cash equivalents
Cash and amounts on hand
Cash at bank:
General accounts
Branch, faculty and section accounts
Project accounts
Total cash
5,8035,879
37,83416,969
857,8821,327,906
3,601,9548,003,792
4,503,4739,354,546
Note 5. Trade and other receivables
Members and trainee subscriptions
Investments
Other
Provision for doubtful debts
Total receivables
233,905112,650
88,03594,215
115,60358,013
437,543264,878
(20,000)(140,060)
417,543124,818
(a) Allowance for impairment loss
Trade receivables are non-interest bearing and are generally on 30-90 day terms. A provision for impairment loss is recognised
when there is objective evidence that an individual trade receivable is impaired.
Movements in the provision for impairment losses were as follows:
20112010
$
$
Opening balance
Additional provision
Amounts recovered
Closing balance
140,060105,283
20,000123,213
(140,060)(88,436)
20,000140,060
Ageing analysis
0-30 Days
31-60 Days
61-90 Days
90+ Days
90+ Days (allowance)
Total receivables
38,8247,377
2002,445
64,1787,155
246,306153,686
(20,000)(140,060)
329,508
30,603
Note 6. Other assets
Prepayments
Other debtors
Net GST receivable
Advances
Accrued revenue
Total current other assets
230,73472,028
227,265–
315,211–
58,173191,223
34,70421,454
866,087284,705
Note 7. Other financial assets
Current
Short term deposits – branches, faculties and sections
Cash management accounts
Bank guarantee
Fixed interest securities – held for trading
Shares – held for trading
Total other financial assets
1,240,9021,149,258
2,780,2101,136,679
40,93239,561
4,062,0442,325,498
4,306,6962,367,377
4,541,8604,974,970
8,848,556
7,342,347
12,910,6009,667,845
Note 8. Property, plant and equipment
Freehold land and buildings at fair value
Accumulated depreciation
6,212,0706,161,644
(417,470)(236,596)
5,794,6005,925,048
Land and buildings were revalued to market value during the 2009 year by the Councillors after consideration of an
independent valuation by registered valuers.
Fitzroys valued the offices at Level 1 and 2 309 La Trobe Street Melbourne at $2,500,000 and Level 12 313 La Trobe Street
Melbourne at $1,350,000. Cushman and Wakefield valued the property at 761 Darling Street Rozelle at $1,700,000. The
aforementioned valuations were not sworn valuations.
59
A property at Bowen Bridge Road Brisbane was purchased during 2005 and the consideration paid for this property has been
deemed by the Councillors to be its appropriate market value.
The adjacent Suite 25 at 17 Bowen Bridge Road Herston QLD 4006 was purchased on 28 February 2008 for $280,000 and has
also been deemed by the Councillors to be at its appropriate market value.
60
There was no further asset revaluation undertaken in 2010 and 2011. The College is planning to undertake an asset revaluation
in 2012.
20112010
$
$
Furniture and fittings at cost
Office equipment at cost
Art collections
Total property, plant and equipment
1,549,4961,508,028
(1,420,637)(1,401,091)
128,859106,937
2,361,1042,201,472
(2,104,196)(1,920,994)
256,908280,478
17,00217,002
17,00217,002
6,197,369 6,329,465
In the opinion of the Councillors, assets are recorded at amounts that do not exceed their recoverable values.
Reconciliations
Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the
current financial year.
Land and Furniture and
Office
buildings
fittingsequipment Sculpture
Total
2011
$ $ $ $$
Balance at the beginning of the year
5,925,048
106,937 280,478
17,0026,329,465
Additions
50,426 41,563 159,537
–251,526
Disposals
– – – ––
Asset revaluation increments/(decrements)
– – ––
Depreciation expense
(180,874) (19,546)(183,202)
– (383,622)
Carrying amount at the end of the year
5,794,600
128,954 256,813
17,0026,197,369
Note 9. Trade and other payables
Unsecured
Creditors
Accrued expenses
Salaries and wages
Revenue received in advance – general
Revenue received in advance – exams
Revenue received in advance – projects
Donations
2011
$
2010
$
1,230,971461,424
107,746467,404
227,922171,594
–25,000
630,442285,566
5,512,4837,614,474
108,199104,910
7,817,7639,130,372
Note 10. Trade and other receivables – non-current
Non-current
Unsecured
Mark Sheldon Prize funds
John Bostock Bequest
Margaret Tobin Award
12,74112,741
18,76918,769
3,6303,630
35,14035,140
Note 11. Provisions
Current
Employee benefits
Non-current
Employee benefits
Aggregate employee benefits
460,555334,901
130,025129,804
590,580464,705
Movement in employee provisions
Opening balance
Additional provisions
Charges against provision
Closing balance
464,706549,433
645,214533,340
(519,340)(618,067)
590,580464,706
Land and Furniture and
Office
buildings
fittingsequipment Sculpture
Total
2010
$ $ $ $$
Balance at the beginning of the year
6,035,289
99,692
348,588
11,962
6,495,531
Additions
67,677 25,065 214,917
5,040312,699
Disposals
–
(283)(6,364)
– (6,647)
Asset revaluation increments/(decrements)
–
–
–
–
Depreciation expense
(177,918)
(17,537)
(276,663)
–
(472,118)
Carrying amount at the end of the year
5,925,048
106,937
280,478
17,002
6,329,465
61
62
Note 12. Equity
Note 14. Statement of cash flows reconciliation
The Foundation Fund was established in 1984 as an amalgamation of a number of College funds.
Reconciliation of net cash (used in)/provided by
operating activities to operating surplus/(deficit):
The AMC Accreditation reserve was established in 2001 to cover anticipated costs of preparing for the Australian Medical
Council specialist medical college accreditation process, in conjunction with implementing new training and assessment and
continuing medical education regulations.
Operating surplus/(deficit)
Adjustments for non-cash items:
Loss on sale of property plant and equipment
Market value movement
Depreciation of non-current assets
Increase in doubtful debts
Net cash provided before changes in assets and liabilities
The asset revaluation reserve was created in 2005 and further increased in the 2009 financial year as a result of the revaluation
of the College’s land and buildings.
The Kinsman Bequest reserve was established in 1997 and is used to award the Kinsman Research Scholarship. This is paid out
of the Kinsman Bequest by the RANZCP to the scholarship recipient’s institution under which the research is being conducted.
Note 13. Related party transactions and Councillors’ remuneration
Key management personnel compensation
Key management personnel comprise Directors and other persons having authority and responsibility for planning, directing
and controlling the activities of the College. The values below include payments in the form of employee benefits and
superannuation contributions.
2011
2010
$
$
Short term employee benefits
Post-employment benefits
Other long term benefits
Termination benefits
Total
864,4731,390,981
–80,720
––
5,77238,848
870,2451,510,549
Directors of the College
The Directors of the College during the accounting period are included in the Councillors’ report.
Other key management personnel of the College
Name
Andrew Peters (Chief Executive Officer)
Mirco Kabat (General Manager – Membership and Human Resources)
Anne Ellison (General Manager – Practice, Policy and Projects)
Vase Jovanoska (General Manager – Business Operations)
Elaine Halley (General Manager – Education and Training)
Andrew Gosbell (General Manager – Education and Training)
Changes in net assets and liabilities:
(Increase)/decrease in assets:
Other assets
Prepayments
Increase/(decrease) in liabilities:
Trade and other payables Employee provisions
Net cash (used in)/provided by operating activities
2011
$
2010
$
320,4541,077,333
–6,254
994,784210,990
383,622472,118
–34,777
1,378,406724,139
1,698,8601,801,472
(134,018)37,235
(581,382)(49,454)
(158,707)106,107
(1,312,609)4,089,704
125,875(84,728)
(2,060,841)4,098,864
(361,981)5,900,336
Note 15. Expenditure commitments
Operating leases, non-cancellable
Minimum lease payments:
Not later than one year
Later than one year but not later than five years
176,49038,902
144,30529,469
320,79568,371
Date of appointment or resignation if
position was not occupied for entire period
Appointed 14 February 2011
Appointed 23 May 2011
Appointed 10 October 2011
Resigned 16 September 2011
Transactions between related parties
There were no transactions between Directors or other key management personnel in 2011 other than an honorarium totalling
$142,935 (2010: $54,055) granted to mentors for the provision of face-to-face mentoring to exemption candidates to assist
them with exam preparations and the specialist international medical graduates program.
63
Note 16. Financial instruments
(a) Interest rate risk
64
Cash
Short term deposits and bank bills
Fixed interest securities
Listed shares, income securities
and unit trusts
Total financial assets
(ii) Financial liabilities
Trade and other payables – current
Trade and other payables – non-current Total financial liabilities
Fixed
Floating
Non-interest
interestinterest bearing
20112010
20112010
20112010
–
– 4,497,670 9,348,667
5,8035,879
–
– 4,062,044 2,325,498
––
––
––
417,543
124,818
4,306,695 2,367,377
––
––
––
––
4,541,8604,974,970
4,306,695 2,367,377
8,559,714 11,674,165
4,965,206 5,105,667
––
––
––
–
– 7,817,763 9,130,372
––
35,140
35,140
–
– 7,852,903 9,165,512
Total as per the statement
of financial position
2011
$
Cash
4,503,473
4,062,044
417,543
4,306,695
Listed shares, income securities
and unit trusts
4,541,860
17,831,615
(ii) Financial liabilities
Trade and other payables – non-current
Total financial liabilities
2010
$
9,354,546
2,325,498
124,818
2,367,377
4,974,970
19,147,209
(b) Net fair values
The aggregate net fair values of financial assets and financial liabilities, both recognised and unrecognised, at balance date are
as follows:
Financial assets
Cash
Listed shares, income securities and unit trusts
Financial liabilities
Trade and other payables – non-current
Total financial liabilities
Total carrying amount as per the
Aggregate net
Statement of financial position
fair value(i)
2011 2010
20112010
$ $
$$
4,503,473
9,354,546
417,543
124,818
4,062,044
2,325,498
4,306,695
2,367,377
4,541,860
4,974,970
17,831,615 19,147,209
4,503,473 9,354,546
417,543
124,818
4,062,044 2,325,498
4,306,695 2,367,377
4,541,860 4,974,970
17,831,615 19,147,209
7,817,7639,130,372 7,817,7639,130,372
35,14035,140 35,14035,140
7,852,903
9,165,512
7,852,9039,165,512
The maximum credit of current assets and liabilities is represented by carrying amounts recognised above.
(i) The following methods and assumptions are used to determine the net fair values of financial assets and liabilities:
Recognised financial instruments
Cash and cash equivalents: The carrying amount approximates fair value because of their short term to maturity.
Trade receivables and payables: The carrying amount approximates fair value.
Non-current investments/securities: For financial instruments traded in organised financial markets, fair value is the current
quoted market bid price for an asset or offer price for a liability, adjusted for transaction costs necessary to realise the asset or
settle the liability.
Note 17. Financial risk management
7,817,763 9,130,372
35,14035,140
7,852,903 9,165,512
Cash on hand and in bank of $4,503,473 is predominantly held with Westpac. Part of the funds relate to Specialist Training
Program funding. This money is specifically to be used for the payment of registrar support costs as well as support activities
and administration of the program.
The Company has exposure to the following risks from use of financial instruments:
– Credit risk
– Liquidity risk
– Market risk
This note represents the company’s exposure to the following risks and processes and policies for managing this risk.
Credit risk
Credit risk is the risk of financial loss to the College if a customer or counterparty to a financial instrument fails to meet its
contractual obligations and arises principally from the College’s receivables from customers and project activities. The College
has two main receivables: a) paying members and b) government funding.
(a) Annual fees earned from paying members (subscribers) are billed at the beginning of the financial year. More than 85%
of the College’s members have been paying fees for four years with no credit issues. New members are only raised when
they pay their dues and College membership criteria are met. Non payment may lead to suspension from the College’s
membership base. Any outstanding fees not recoverable are recorded as bad or doubtful debts at year end. In 2011 this
was less than 2% of total membership fees. Overdue fees (subscriptions, trainees, affiliates and CPD) at year end were
$160,740 (2010: $105,650). The College is confident of recovering the majority of these outstanding debts in 2012.
Any bad debts are written off as incurred.
65
(b) Government funding relates to deliverables in relation to College projects. All funding is receivable provided the criteria
associated with the deliverables are achieved and debtor invoices are raised at the time all criteria are met. The risk of not
receiving outstanding government funds is considered to be minimal provided all outcomes as per project deliverables
are fulfilled.
66
Liquidity risk
Liquidity risk is the risk that the group will not be able to meet its financial obligations as they fall due. The College’s approach
to managing liquidity is to ensure, as far as possible, that it will always have sufficient short term funding to meet its liabilities
when due, under both normal and stressed conditions. The risk of incurring losses large enough to cause major impact on
business is considered to be minimal. All payments due are considered to be more than adequately covered.
Note 18. Company limited by guarantee
Capital capable of being called up in the event of and for the purpose of winding-up
– Total paying members
– Members @ $20 per member
2011
$
2010
$
3,0442,881
60,88057,620
Note 19. Subsequent events
There are no subsequent events, commitments or contingencies known to the Councillors that would materially affect the state
of affairs of the College.
The College ensures that it has sufficient cash on demand to meet expected operational expenses when they fall due. The
College was not in a situation in 2011 whereby an overdraft facility was required to adequately cover liabilities and is not
expected to be in 2012.
Market risk
Market risk is the risk that changes in market prices, such as foreign exchange rates, interest rates and equity prices will
affect the College’s income or the value of its holdings of financial instruments. The objective of market risk management
is to manage and control market risk exposures within acceptable parameters, while optimising the return.
The primary goal of the College’s investment strategy is to maximise investment returns in order to partially meet the funding
obligations to run the College operations. Management is assisted by external advisors in this regard. In accordance with this
strategy, investments are carried at fair value through profit or loss because their performance is actively monitored and they
are managed on a fair value basis.
The College market risk is consistent with the overall risk of the performance of the share market. In order to minimise
investment value fluctuations the Board has taken a conservative approach where 54% of the College’s portfolio is held in
cash and fixed interest securities. A further 41% is invested in domestic equities that are considered to be ‘blue chip’ equities
held in publicly traded entities and the remainder 5% in international shares. This reduces our exposure to market risk
associated with stock market fluctuations. The College also holds just under $2 million in term deposits with Westpac,
predominantly STP related funding.
Sensitivity analysis – equity price risk
All of the College’s equity investments are listed on the Australian Securities Exchange. For such investments classified as fair
value through profit and loss, the impact on profit or loss would have been an increase or decrease of $884,856 either way,
with no effect on RANZCP cash flow. The use of 10% is based on a conservative approach and RANZCP has adequate liquidity
to cover any sensitivity greater than 10%. There will be no requirement to sell any of our devalued holdings in order to continue
operations. Dividends forecasted in 2012 have been as per recommendations by our advisors Goldman Sachs JBWere and a
conservative view has been taken. As the College is a tax exempt organisation no tax or capital gains is paid on these gains at
point of sale, and any sensitivity is impacted on the full movement with no tax consequences.
67
Directory
RANZCP Head Office
Queensland
The Royal Australian and New Zealand
College of Psychiatrists
PO Box 261
RBH Post Office
Herston QLD 4029 Australia
ABN 68 000 439 047
(A company limited by guarantee
incorporated in Australia)
309 La Trobe Street
Melbourne VIC 3000 Australia
68
Telephone: +61 3 9640 0646
Toll free:1800 337 448
(for Australian residents)
Toll free:0800 443 827
(for New Zealand residents)
Fax:
+61 3 9642 5652
Email:[email protected]
Membership Services email:
[email protected]
PO Box 152
Deakin West ACT 2600 Australia
Telephone: +61 2 6285 0899
Fax:
+61 2 6285 2166
New South Wales
PO Box 280
Rozelle NSW 2039 Australia
Telephone: +61 2 9352 3600
Fax:
+61 2 9810 5073
New Zealand
PO Box 10669
Wellington 6143 New Zealand
Telephone: +64 4 472 7247
Fax:
+64 4 472 7246
Telephone: +61 7 3852 2977
Fax:
+61 7 3852 2199
South Australia
PO Box 603
North Adelaide SA 5006 Australia
Telephone: +61 8 8239 2911
Fax:
+61 8 8239 2910
Tasmania
GPO Box 1236
Hobart TAS 7001 Australia
Telephone: +61 3 6270 2260
Fax:
+61 3 6270 2223
Victoria
Level 1, 309 La Trobe Street
Melbourne VIC 3000 Australia
Telephone: +61 3 9601 4924
Fax:
+61 3 9600 4281
Western Australia
Graylands Hospital
Private Bag 1
Claremont WA 6910 Australia
Telephone: +61 8 9284 2138
Fax:
+61 8 9347 6560
www.ranzcp.org

Annual Report 2011 - Royal Australian and New Zealand College of

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