About Incolink

Incolink is Australia’s oldest, largest and most comprehensive workers’ entitlement scheme. Incolink is the safety net for the building and construction industry.


Incolink’s business model is built around four pillars that advance the building and construction industry and benefit the communities in which we live. The services we deliver provide a safety net for construction workers while also promoting healthier lifestyles and safer, more productive workplaces.

The pillars provide clear direction for Incolink's board and executive team, driving transparent, member-focused service delivery and reinvestment back into the industry.


Brian Boyd
Independent Chairman (non-voting)

Earl Setches
Non-Executive Director (since 2002)

Hedley Davis
Non-Executive Director (since 2012)

Radley de Silva
Non-Executive Director (since 2016)

Michael O'Neill
Non-Executive Director (since 2013)

Ralph Edwards
Non-Executive Director (since 2016)

Noel Washington
Non-Executive Director (since 2017)

Louise Hansen
Non-Executive Director (since 2018)

Bill Oliver
Non-Executive Director (since 2007)

Ken Gardner
Non-Executive Director (since 2017)

Erik Locke
Chief Executive

Niall Keane
Chief Financial Officer

Tri Nguyen
General Counsel & Company Secretary

Patricia McCourt
Executive General Manager, Member Services

Ashleigh Connolly
Executive General Manager, Operations

Employer AssociationsIndustry Unions
AMCA - Air Conditioning and Mechanical Contractors' Association of VictoriaAMWU - Australian Manufacturing Workers Union
AWCIV - Association of Wall and Ceiling Industries VictoriaAWU - Australian Workers Union
CCF - Civil Contractors Federation Victorian BranchCEPU (Plumbing Division, PPTEU) -Communications, Electrical and Plumbing Union (Plumbing Division, Plumbing and Pipe Trades and Employees Union)
MBAV - Master Builders VictoriaCFMEU Vic-Tas (Construction & General) - Construction, Forestry, Mining & Energy Union, Victoria-Tasmania - Construction & General
MPAV - Master Painters Association of Victoria/TasmaniaCFMEU (Manufacturing) - Construction, Forestry, Mining & Energy Union - Manufacturing Division
MP&MSAA - Master Plumbers and Mechanical Services Association of AustraliaRTBU - Rail, Tram and Bus Union
NFIA - National Fire Industry AssociationVTHC - Victorian Trades Hall Council

Incolink is the trading name of the Redundancy Payment Central Fund Ltd, a Company incorporated in Victoria. The Company acts as the Trustee of the Trust which governs the Redundancy Payment Approved Worker Entitlement Fund No. 2, applicable to employers and their employees within the commercial construction sector.

The Fund 2 Committee includes representation from the following stakeholders.

Toby Paterson
Australian Manufacturing Workers Union (AMWU)

Ralph Edwards
Construction, Forestry, Mining & Energy Union (CFMEU)

Luke Wearn
Concept Engineering Australia Pty Ltd

John Kilgour
Civil Contractors Federation (CCF)

Brandon Hitch
The Crane Industry Council of Australia – Vic/Tas Branch

Denise Campbell-Burns
Construction, Forestry, Mining & Energy Union/Forestry, Furnishing Products Division (CFMEU-FFPD)

Ben VanderVeen
Floorcovering Association (FAV)

Ben Davis
Australian Workers Union (AWU)


The Board has established a number of sub-committees to assist in the execution of its duties and to allow detailed consideration of complex issues. The outcomes of committee meetings are tabled at the subsequent board meeting.

Conduct annual reviews of staff salaries and remuneration for members of the Board and implement any decisions of the Committee resulting from any such review.

Brian BoydIndependent Chairman
Bill OliverDirectorRalph Edwards
Radley de SilvaDirectorHedley Davis
Tri Duc NguyenCommittee Secretary

Assist the Board in the oversight of investments. Oversee and monitor the investment governance framework; review investment objectives, strategies, and policies on a regular basis; review the performance of investments; and generally review all investment proposals and transactions prior to Board approval.

Brian BoydIndependent Chairman
Hedley DavisDirectorRadley de Silva
Radley de SilvaDirectorHedley Davis
Bill OliverDirectorRalph Edwards
Earl SetchesDirectorPaddy McCrudden
Michael O'NeillDirector
Niall KeaneCommittee Secretary

Review the financial performance of Incolink; Oversee the audit program; Oversee the management of risk in accordance with the Risk Management Framework.

Michael O'NeillIndependent Chairman
Hedley DavisDirectorRadley de Silva
Mark AmosCommittee Member (alt Director)Ken Gardner
Noel WashingtonDirectorRalph Edwards
Ralph EdwardsDirectorBill Oliver
Niall KeaneCommittee Secretary

Oversight of Member wellbeing and support programs; the performance of Incolink scheme insurances; sponsorships and donations; Member compliance, service standards, complaints handling. Review any other operational changes/programs that may impact the Member.

Brian BoydIndependent Chairman
Radley de SilvaDirectorHedley Davis
Noel WashingtonDirectorRalph Edwards
Ralph EdwardsDirectorBill Oliver
Louise HansenDirectorRadley de Silva
Patricia McCourtCommittee Secretary
Ashleigh ConnollyCommittee Secretary

Annual Reports

Incolink's annual reports demonstrate the hard work that goes into providing a safetynet for the construction industry.

Our annual reports also highlight the vital partnerships and sponsorship arrangements we have with organisations, government bodies and service providers which help us carry out the important work we do.

View our Annual Highlights, or download individual annual reports below.

For further information please contact marketing@incolink.org.au.

Investment Strategy

We manage investments that are held in trust in a responsible and professional manner for the best risk-adjusted returns for members and industry stakeholders. This means we can readily meet member claim obligations, fund our operations, meet the wellbeing and support needs of our members, and reinvest back into the industry.

We fund skills-based registered training providers and industry led OH&S Training and Awareness projects.

Incolink constructs its portfolio by investing in a broad range of diversified asset classes with the required blended risk and return characteristics. An external investment consultant is engaged to provide expert advice to management and directors on the composition of the portfolio and external fund managers appointed to manage these strategies.

Return objective (i.e. what the investment portfolio should achieve)Funding target (i.e. the amount of investment assets compared to member liabilities)
4.5% after tax and fees (or approximately 6.5% before tax and fees)110% (or assets are 10% more than the liabilities)

Incolink measures the true success of investment performance against the return objective over rolling four-year periods. Over the four years to 30 June 2019, Incolink’s investment portfolio outperformed both the market benchmark (7.5% vs 6.7%) and the return objective (7.5% vs 7.4%).

Incolink’s funding coverage buffer as at 30 June 2019 stood at 126%

Trust Deeds

Trustee Determinations