Go to top of page

FINANCIAL MANAGEMENT

Estimates and review

Estimates of administrative expenditure are submitted annually to the minister. Additional estimates requests for essential additional resources are submitted only as required. Approved estimates fund operational expenses, salaries and wages, and capital expenditure. The minister originally approved $22.403 million funding from the ABA. He subsequently approved a variation of $1.058 million including additional funeral funds and to establish an economic participation unit.

Reporting

A half-yearly performance and operations report was submitted to the minister in February 2020 in accordance with funding- agreement and legislative obligations. The Australian National Audit Office performs the annual audit of the financial statements to determine compliance and that the statements present fairly the financial position, performance and cash flows. Its audit opinion indicates that the statements are free from material misstatement.