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Financial Overview

Financial Performance

For the year ended 30 June 2022, the overall financial result for the Authority is an operating surplus of $157,000.

Expenses for the Authority are predominantly related to employee benefits which accounted for a total of 60% of total expenditure.

The remaining expenses relate to suppliers including consultancy services to engage experts to assist with technical research and analysis, contracted services for labour hire and the provision of corporate services by the Portfolio Department under an MOU arrangement.

The Authority received its funding for the 2021-22 financial year through direct appropriations with additional funding of $500,000 received by the Portfolio Department for costs associated with undertaking the Review of International Offsets.

The Authority met all of its financial obligations during the 2021-22 financial year

Resource Statement 2021-22

Actual Available appropriation - current year

(a)

Payments made

(b)

Balance remaining1

(a)-(b)

$'000

$'000

$'000

Ordinary annual services

Prior year appropriations available

1,097

1,097

-

Departmental appropriation2

2,584

1,327

1,257

S74 retained revenue receipts3

500

362

138

Total departmental resourcing and payments

4,181

2,786

1,395

  1. Remaining balance will be applied to meeting the future settlement of current period expenses and provisions
  2. Appropriation Act (no.1) 2021-22.
  3. Receipts received under s.74 of the Public Governance, Performance and Accountability Act 2013.

Purchasing

The Authority sourced all goods and services in 2021-22 in accordance with the PGPA Act, the Commonwealth Procurement Rules and relevant internal policies.

The Authority's approach to purchasing and procurement is directed by the Commonwealth Procurement Rules. The principles in the rules are reflected in the Accountable Authority Instructions and supporting operational guidance material, which are reviewed on a regular basis for consistency with the Commonwealth Procurement Framework.

The Authority’s policy outlines the core principle underlining procurement as value for money, which is enhanced by:

  • Encouraging competition by ensuring non-discrimination in procurement and competitive procurement processes.
  • Commitment to procuring from First Nation businesses.
  • Promoting the use of resources in an efficient, effective, and ethical manner.
  • Making decisions in an accountable and transparent manner.
  • Supporting and promoting sustainable procurement practices.

The Authority in 2021-22 did not enter into any contracts or standing offers that were exempt from being published on AusTender.

Small Business

The Climate Change Authority supports small business participation in the Commonwealth Government procurement market. Small and Medium Enterprises (SME) and Small Enterprise participation statistics are available on the Department of Finance's website: https://www.finance.gov.au/government/procurement/statistics-australian-government-procurement-contracts-

The Authority encourages increased participation by small and medium enterprises in its procurement activities by:

  • Communicating in clear, simple language and presenting information in accessible formats.
  • Facilitating on-time payments by the use of electronic finance systems and the use of payment cards where appropriate.
  • Utilising the Commonwealth Contracting Suite for low-risk procurements valued under $200,000.

Grant Programmes

The Authority did not administer any grant programs in 2021-22.

Advertising and Marketing

The Authority conducted no advertising campaigns or undertook any market research activities in 2021-22.

Legal Services Expenditure

Legal services expenditure by the Authority during 2021-22 amounted to $17, 600 and related to one legal matter.

Consultancies

During 2021-22, four new reportable consultancy contracts were entered into involving total actual expenditure of $223,300. In addition, four ongoing reportable consultancy contracts were active during the period, involving total actual expenditure of $231,962.

Annual reports contain information about actual expenditure on reportable consultancy contracts. Information on the value of reportable consultancy contracts is available on the AusTender website.

Decisions to engage consultants during 2021-22 were made in accordance with the PGPA Act and related regulations including the Commonwealth Procurement Rules and relevant internal policies.

The Authority selects consultants through the use of panel arrangements or by making an open approach to market.

The Authority engages consultants when it requires specialist expertise not available within the entity on media advisory services, climate science advice, technical research, strategic and business planning and graphic design work.

Annual reports contain information about actual expenditure on reportable non-consultancy contracts. Information on the reportable non-consultancy contracts’ value is available on the AusTender website.

Expenditure on Reportable Consultancy Contracts 2021-22

Number

Expenditure $'000 (GST inc.)

New contracts entered into during the reporting period

4

223

Ongoing contracts entered into during a previous reporting period

4

232

Total

8

455

Organisations Receiving a Share of Reportable Consultancy Contract Expenditure 2021-22

Name of Organisation

Expenditure $'000 (GST inc.)

Ernst and Young

206

Accenture Australia Holdings Pty Ltd

172

Iceni Group Pty Ltd

54

Gilbert and Tobin

18

HBA Consulting Pty Ltd

6

Expenditure on Reportable Non-Consultancy Contracts 2021-22

Number

Expenditure $'000 (GST inc.)

New contracts entered into during the reporting period

8

416

Ongoing contracts entered into during a previous reporting period

3

84

Total

11

500

Organisations Receiving a Share of Reportable Non-Consultancy Contract Expenditure 2021-22

Name of Organisation

Expenditure $'000 (GST inc.)

Hudson Global Resources (Aust) Pty Limited

178

Hays Specialist Recruitment (Australia) Pty Ltd

150

Meyer Vandenberg Pty Ltd

63

Horizon One Recruitment Pty Ltd

40

Mountain Media Pty Ltd

29