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People and relationships

This section describes a range of employment and post employment benefits provided to our people and our relationship with key people.

4.1: Employee Provisions

4.1: Employee Provisions

4.1A: Employee provisions





Annual leave

1 365

1 804

Long service leave

2 487

3 874

Total employee provisions

3 852

5 678

Accounting Policy

Liabilities for short‐term employee benefits and termination benefits expected within twelve months of the end of the reporting period are measured at their nominal amounts, and reported in Note 2.3B Other payables.


The liability for employee benefits includes provision for annual leave and long service leave.

The leave liabilities are calculated on the basis of employees’ remuneration at the estimated salary rates that will be applied at the time the leave is taken, including the entity’s employer superannuation contribution rates to the extent that the leave is likely to be taken during service rather than paid out on termination.

The liability for long service leave has been determined by reference to the 'short‐hand method' as outlined in the Resource Management Guide No. 125 ‐ Commonwealth Entities Financial Statements Guide as at 30 June 2019. The estimate of the present value of the liability takes into account attrition rates and pay increases through promotion and inflation and is discounted using the 10 year bond rate at 30 June 2019.

Separation and Redundancy

Provision was made for separation and redundancy benefit payments. The entity recognised a provision for termination when it developed a detailed formal plan for the termination of employees during the year. A total of 35 employees accepted redundancies for payment on 1 July 2019.


The APVMA's staff are members of the Commonwealth Superannuation Scheme (CSS), the Public Sector Superannuation Scheme (PSS), the PSS accumulation plan (PSSap) or other superannuation funds held outside the Australian Government.

The CSS and PSS are defined benefit schemes for the Australian Government. The PSSap is a defined contribution scheme.

The liability for defined benefits is recognised in the financial statements of the Australian Government and is settled by the Australian Government in due course. This liability is reported in the Department of Finance’s administered schedules and notes.

The entity makes employer contributions to the employees' defined benefit superannuation scheme at rates determined by an actuary to be sufficient to meet the current cost to the Government. The entity accounts for the contributions as if they were contributions to defined contribution plans.

The liability for superannuation recognised as at 30 June 2019 represents outstanding contributions.

4.2: Key Management Personnel Remuneration

4.2: Key Management Personnel Remuneration

Key management personnel (KMP) are those persons who comprise the Executive Leadership Team (ELT) at anytime throughout the year in either a permanent or acting capacity. The ELT has the authority and responsibility for planning, directing and controlling the activities of the APVMA, recognising that ultimate responsibility resides with the Chief Executive Officer (CEO) who is in turn responsible for the APVMA's performance to the relevant Portfolio Minister.

Key management personnel remuneration for the reporting period

2018 - 19


2017 - 18


Short‐term employee benefits:

Base salary

1 558 103

1 602 756

Annual leave accrued

137 563

147 927


27 778

23 315

Other benefits and Allowances

94 547

141 590

Short‐term employee benefits:

1 817 991

1 915 588


285 853

315 095

Post‐employment benefits:

285 853

315 095

Long‐service leave accrued

40 472

45 019

Other long‐term employee benefits:

40 472

45 019

Total key management personnel remuneration expenses1

2 144 316

2 275 702

The total number of key management personnel included in the above table is fifteen (2017‐18: sixteen staff members).

Of these fifteen staff, nine individuals held positions for only part of the year (2017‐18: twelve individuals were in this category).

The Chief Executive's remuneration and other benefits are determined by the Remuneration Tribunal, and paid by the APVMA.

The balance of the ELT remuneration and other benefits are determined by the CEO, under s24 of the Public Service Act 1999.

1. 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.

4.3: Related Party Disclosures

4.3: Related Party Disclosures

The APVMA is an Australian Government controlled entity, and is part of the Department of Agriculture portfolio. Related parties to this entity are relevant Federal Government Ministers including the Portfolio Minister, the Executive Leadership Team, comprising the Chief Executive Officer, two Deputy Chief Executive Officers, three Executive Directors, the Chief Scientist, and other Commonwealth Government entities.

Transactions with related parties:

Given the breadth of Government activities, related parties may transact with the government sector in the same capacity as ordinary citizens. Such transactions include the payment or refund of taxes, receipt of a Medicare rebate or higher education loans. These transactions have not been separately disclosed in this note.

All transactions with other Commonwealth Government entities have been made under normal terms and conditions and, therefore have not been disclosed seperately.

There have been no transactions with related parties this year. All APVMA staff, including the Executive Leadership Team, are required to sign an annual conflict of interest declaration.