Go to top of page

1.1 Expenses

1.1 Expenses

2020

2019

$’000

$’000

1.1A: Employee benefits

Wages and salaries

15,001

15,029

Superannuation

Defined contribution plans

1,759

1,627

Defined benefit plans

645

702

Leave and other entitlements

1,765

1,667

Separation and redundancies

134

5

Other employee expenses

218

168

Total employee benefits

19,522

19,198

1.1B: Suppliers

Goods and services supplied or rendered

General property operating expenses

1,129

1,001

Insurance

44

52

Office consumables

87

55

Official travel

768

1,079

Postage and freight

12

15

Printing and publications

148

102

Professional services and fees

1,769

1,967

Reference materials, subscriptions and licenses

576

736

Staff training

101

105

Telecommunications

127

97

Other

315

415

Total goods and services supplied or rendered

5,077

5,624

Goods supplied

235

157

Services rendered

4,842

5,466

Total goods and services supplied or rendered

5,077

5,623

Other suppliers

Operating lease rentals in connection with

Minimum lease payments

0

2,236

Low value leases

111

0

Workers compensation expenses

25

25

Total other suppliers

136

2,261

Total suppliers

5,213

7,885

Accounting Policy

Short-term leases and leases of low-value assets

The Commission has elected not to recognise right-of-use assets and lease liabilities for short-term leases of assets that have a lease term of 12 months or less and leases of low-value assets (less than $10,000). The entity recognises the lease payments associated with these leases as an expense on a straight-line basis over the lease term.

2020

2019

$’000

$’000

1.1C: Finance costs

Interest on property lease

47

0

Total finance costs

47

0

1.1D: Write-down and impairment of other assets

Impairments of assets

0

2

Total write-down and impairment of other assets

0

2