Inner West Council reports $208.5m investment portfolio return above benchmark The September portfolio return was recorded as 4.90 per cent annualised, compared with 4.41 per cent for the AusBond Bank Bill Index, according to unconfirmed council minutes. Council: Inner West Council Meeting: 20 October 2026, 6:30 PM Recorded status: noted Source status: Draft minutes; recorded wording may change when confirmed. BRIEF Inner West Council’s unconfirmed 20 October minutes record a $208.5 million investment portfolio and a 4.90 per cent annualised marked-to-market return for the month to 30 September 2026, above the 4.41 per cent AusBond Bank Bill Index benchmark. The minutes also record compliance with the council’s Investment Policy limits, but do not provide the portfolio mix, fees or dollar return. KEY FACTS - The portfolio market value was $208.5 million at 30 September 2026. - The reported annualised marked-to-market return over the month was 4.90 per cent. - The AusBond Bank Bill Index benchmark was 4.41 per cent. - The recorded resolution says council complied with its Investment Policy limits. - The investment report was received by council on 20 October 2026, with the motion carried and no votes against. ANALYSIS OF THE RECORD - The reported performance covers one month and is expressed at an annualised rate, so it does not establish a full-year return or future performance. - The minutes record the portfolio value, benchmark comparison and policy compliance, but do not give the portfolio composition, fees, maturities, credit exposures or dollar return. QUESTIONS FOR FOLLOW-UP REPORTING - What was the portfolio's dollar return for September after fees and other costs? - What asset classes, issuers and maturities made up the $208.5 million portfolio? - What was the portfolio's return over the previous 12 months, and what benchmark applied over that period? - Were any material changes made to the portfolio during September 2026? SOURCE PASSAGES The investment portfolio had a market value of $208.5 million at 30 September 2026 and an annualised marked-to-market return of 4.90 per cent over the month, compared with a 4.41 per cent AusBond Bank Bill Index benchmark. "The investment portfolio had a market value at 30 September 2026 of $208.5m 2. The portfolio had an annualised marked to market return over the month of 4.90% pa (compared with the AusBond Bank Bill Index benchmark of 4.41% pa) 3." (Item 32 Investment Report as at 30 September 2026) The resolution recorded compliance with the Investment Policy limits and the motion was carried with no votes against. "Council has complied with the limits in the Investment Policy. Motion Carried For Motion: Crs Antoniou, Atkins, Barlow, Blake, Byrne, Carlisle, Clay, D'Arienzo, Fergusson, Howard, Macri, Raciti, Scott, Smith and Tastan Against Motion: Nil C1026(1) Item 33 Designated Persons Disclosures of Pecuniary Interest Returns 2025-2026 Motion: (Howard/Atkins) That Council receive and note the report." (Item 32 Investment Report as at 30 September 2026) The investment report was considered at the Ordinary Council meeting held on 20 October 2026. "Motion Carried For Motion: Crs Antoniou, Atkins, Barlow, Blake, Byrne, Carlisle, Clay, D'Arienzo, Fergusson, Howard, Macri, Raciti, Scott, Smith and Tastan Against Motion: Nil C1026(1) Item 32 Investment Report as at 30 September 2026 Motion: (Howard/Atkins) That Council receive the investment report for September 2026, noting that: 1." (Item 32 Investment Report as at 30 September 2026) SOURCES https://innerwest.infocouncil.biz/RedirectToDoc.aspx?URL=Open/2026/10/C_20102026_MIN_4246.PDF https://minutesradar.com/news/inner-west-infocouncil-council-20-oct-2026-6-30-pm-20-oct-2026-6-30-pm-minutes-inner-west-council-reports-208-5m-investment-portfolio-retur-4807fd74cc/ Prepared from public council minutes using automated drafting and checks. No meeting attendance or interviews are implied. Check the original record and seek comment before republishing claims or analysis. Illustrations are generic, not depictions of actual projects.