The College is governed by a Board of Directors who are elected, appointed and co-opted by the College membership. The Board meets regularly to discuss matters of governance and items that are brought to their attention via the State Faculty Chairs or the various Board related committees. In association with the College Management Committee, the Board sets the five year rolling Strategic Plan which is updated annually. There are five State faculties:
1. NSW (including ACT)
2. Victoria (including Tasmania)
4. South Australia (including Northern Territory)
5. Western Australia
All committees which have an education brief report to the National Education Committee whose Chair sits on the Board of Directors. College has a large number of other committees, the most important from a governance perspective being the Audit Committee and the Risk Management Committee.
The Directors of College are required to reveal any pecuniary or professional interest which is in conflict, has the potential to be in conflict or might be perceived to be in conflict, with their duty as a member of the Board of Directors At each Board meeting, Directors are required to sign a Declaration of Interest and to speak to them at the Board meeting. The declarations of pecuniary and professional interest of the Directors are currently as follows: