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THE NRMA HAS WELCOMED the recent announcement
from Treasurer Scott Morrison that the Australian
Government will enable mutuals to deliver more benefits
for Members and external investors.
NRMA Group CEO Rohan Lund says these reforms will
allow the NRMA to give more to Members through further
investment in capital-intensive areas of the business. This
includes providing transport solutions and supporting
domestic tourism through developing regional tourism
assets such as holiday parks and hotels.
In its submission to the Hammond Review’s reforms
for cooperatives, mutuals and member-owned firms, the
NRMA highlighted the impact of restrictions on the
Current funding sources available to mutuals are restricted
to retain profits, debt and selling existing assets. While these
options have enabled the NRMA to deliver to date, the
landscape of its operations is changing considerably.
“The NRMA’s long-term vision is to become Australia’s
largest and most trusted transport and tourism provider, and
the removal of legislative barriers to raising capital will allow
us to plan for the future,” Mr Lund says.
“ Mutuals, like the NRMA, have the priorities of our customers
at the core of our strategy because they are our owners.”
REFORMS ALLOW NRMA TO GIVE MORE TO MEMBERS
WITH UNANIMOUS support, Mr Tim
Trumper has been appointed Chairman
by his fellow NRMA directors and
commenced his role on December 3, 2017.
Mr Trumper has extensive experience
as a former CEO, advisor and non-
executive director in high-performance
global and Australian companies that
span data analytics, technology, the
internet, financial services and media. He
currently serves as an advisor to leading
data analytics firm Quantium, and is
interested in the impacts of data driven
strategy and technology on Australia’s
Mr Trumper is Chair of the NRMA’s
Finance and Investment Committee and
represents the Harbour Region of Sydney,
while living on the city’s Northern
Beaches. In his time on the NRMA Board,
he has been a strong advocate for the
construction of major roads and public
transport infrastructure to tackle
congestion. As the parent of young adults,
and having elderly parents who still drive,
Mr Trumper holds a personal interest and
is a strong believer in improving road
safety and strengthening New South
Wales’ motor vehicle licensing laws.
“ I am driven by the needs of our
customers. I firmly believe the NRMA has
a rare opportunity to deliver services to
meet the individual needs of our Members
and customers around transport and
tourism, and to continue to expand our
legendary service beyond simply roadside
assistance,” he says.
Mr Trumper says that this applies to
the NRMA’s lasting reputation as an
independent voice for its Members and
the community, and for its leadership of
“Great change is coming in mobility
over the next few years and I believe the
NRMA must play a leadership role in
bringing the community with us on the
journey and ensuring they benefit from
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NRMA APPOINTS NEW CHAIRMAN
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8/12/17 2:07 pm
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