SU NSW Treasurer, speaker notes Presentation to Extraordinary General Meeting, Thursday 10 th November 2020, Rydalmere Purpose of EGM : To share with members the prime reasons for why the SU NSW Board unanimously decided to not merge with other States and Territories in formation of SUA. Brief from chair: Two Powerpoint slides, ten-minute maximum My contribution : Stewardship Other speakers : Legal (10 minutes), Strategic (10 minutes) Interpretation of brief: Focus on two prime stewardship aspects that led to decision to not participate in merger. Slide 1: highest level financial concern S peak to: - An unresolved matter as to COVID19 funding which potentially overstates the FY21 surplus by approximately $3.8M. SU NSW could not analytically support the value of Jobkeeper receipts and no response to an expressed concern was forthcoming from National. - Such that the accumulated 4 year surplus amounts to breakeven – an uncomfor...