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Note 9 Key Management Personnel Remuneration

Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including any director (whether executive or otherwise) of that entity. The entity has determined the key management personnel to be the Director/Chief Executive/Secretary and Directors/Executive Officers/General Managers/Deputy Secretaries. Key management personnel remuneration is reported in the table below:

2020

2019

Note 9A: Key Management Personnel Remuneration

$

$

Short-term employee benefits

Salary

848,299

760,885

Annual leave

72,734

57,026

Performance bonuses

-

29,748

Total short-term employee benefits

921,033

847,659

Post-employment benefits

Superannuation

83,698

72,341

Total short-term employee benefits

83,698

72,341

Other long-term employee benefits

Long service leave

21,109

15,601

Total other long-term benefits

21,109

15,601

Termination Benefits

Redundancy

46,888

-

Total Termination Benefits

46,888

-

Total key management personnel remuneration expenses

1,072,728

935,600

The total number of senior management personnel that are included in the above table are 5 individuals (2019:5 individuals).

The above key management personnel remuneration excludes the remuneration and other benefits of the Portfolio Minister. The Portfolio Minister’s remuneration and other benefits are set by the Remuneration Tribunal and are not paid by the entity.