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Financial management

The ABCC is committed to strong financial management, ensuring effective and efficient use of agency resources. The ABCC has outsourced services through memoranda of understanding for financial services with the Fair Work Ombudsman (FWO), information technology services with the Department of Employment, Skills, Small and Family Business, and financial systems from the Service Delivery Office.

Assets management

The ABCC’s main asset types are leasehold improvements or fit-outs, computer equipment, internally developed software, and office furniture and equipment. All assets are managed and reported in accordance with relevant accounting standards and Commonwealth policies.


All purchases by the ABCC are managed in accordance with the Commonwealth Procurement Rules.

Whenever possible, the ABCC accesses existing Australian Government panels or coordinated contract arrangements when procuring goods and services.

In line with the Commonwealth’s Indigenous Procurement Policy (IPP), the ABCC seeks to engage Indigenous enterprises at every opportunity. The purpose of the IPP is to use the Commonwealth’s annual multi-billion dollar procurement spend to drive demand for Indigenous goods and services, leading to growth in the Indigenous business sector. The ABCC engaged the services of an Indigenous-owned business to undertake office design and remodelling alteration works.

All open approaches to the market are advertised on the AusTender website at www.tenders.gov.au. Any purchase greater than $10,000 (including GST) is reported on AusTender as soon as practicable.

The ABCC supports small business participation in the Commonwealth Government procurement market. Small and medium-sized enterprise and small enterprise participation statistics are available on the Department of Finance website at www.finance.gov.au/government/procurement/statistics-australian-government-procurement-contracts-.

The ABCC’s procurement and tender practices allow small and medium‑sized businesses to compete fairly for the ABCC’s procurement requirements. The ABCC’s approach to market and tender requirements do not unduly burden small and medium‑sized businesses. The ABCC procures from a broad range of small, medium and large businesses.

The ABCC has an annual procurement plan outlining expected major procurement activity. This is published on the AusTender website at www.tenders.gov.au.

All ABCC procurements with an estimated value greater than $80,000 (including GST) are subject to an open approach to the market, except those procurements that meet Commonwealth Procurement Rules conditions for direct sourcing.

In accordance with the Senate Order of 20 June 2011, the ABCC lists contracts valued at $100,000 or more and that either:

  • have not been fully performed, or
  • have been entered into during the 12 months prior.

This list is available on the ABCC website at www.abcc.gov.au.

Consulting services

The ABCC engages consultants when it requires independent research or assessment, specialised or professional skills, or skills currently unavailable within the agency.

Prior to engaging consultants, the ABCC takes into account the skills and resources required for the task, the skills available internally, and the cost-effectiveness of engaging external expertise.

The decision to engage a consultant is made in accordance with the PGPA Act and related regulations, including the Commonwealth Procurement Rules and relevant internal policies.

During 2019–20, two new consultancy contracts were entered into involving total actual expenditure of $19,593. In addition, one ongoing consultancy contract was active during the period, involving total actual expenditure of $4,689.

This annual report contains information about actual expenditure on contracts for consultancies. Information on the total value of contracts and consultancies is available on the AusTender website at www.tenders.gov.au.

Table 22 shows the ABCC’s expenditure on consultancy contracts for the last three reporting periods.


Number of consultancy contracts

Total actual expenditure











Contracts greater than $100,000

No contracts of $100,000 or more (including GST) were entered into during the reporting period that did not provide for the Auditor-General to have access to the contractor’s premises.

Exempt contracts

No contracts in excess of $10,000 (including GST) were exempted from being published on AusTender.

Advertising and market research

The ABCC did not conduct any advertising campaigns, nor did suppliers provide advertising and market research services during the reporting period.