Go to top of page

Related Party Disclosures

4.3 Related Party Disclosures

Related party relationships:

ASEA is a Australian Government controlled entity. Related parties to this entity are Key Management Personnel including the Portfolio Minister.

Transactions with related parties:

Significant transactions with related parties can include:

● the payments of grants or loans;

● purchases of goods and services;

● asset purchases, sales transfers or leases;

● debts forgiven; and

● guarantees.

Giving consideration to relationships with related entities, and transactions entered into during the reporting period by ASEA, it has been determined that the related party transactions to be separately disclosed in the 2019-20 Financial year are $0 (2019: $0).