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Financial management

The Commission continues to maintain a strong focus on financial management, ensuring resources are utilised in the most efficient and effective manner to deliver the greatest benefit and impact for the Australian community.

The Commission’s financial results for 2020–21 are outlined in Appendix D: Annual financial statements. The Commission achieved a net cash operating surplus which includes an amount of $1.781 million which was received during the 2020-21 financial year and formally reduced on the 6th of July 2021. The deficit on continuing operations was $2.746 million. The loss includes expenses of $5.548 million which are not funded in line with the Australian Government’s net cash appropriation arrangements.

There were no significant issues reported under paragraph 19(1)(e) of the Public Governance, Performance and Accountability Act 2013 that relate to non-compliance with the finance law in relation to the entity.

Asset management

The Commission’s main asset types are leasehold improvements, computer equipment and computer software. As asset management is not considered to be a significant aspect of the Commission’s strategic business, the effectiveness of the Commission’s asset management processes is not reported.

Purchasing

The Commission’s approach to procuring goods and services, including consultancies, is consistent with, and reflects the principles of, the Commonwealth Procurement Rules. The rules are applied to activities through the accountable authority instructions, supporting operational guidelines and the Commission’s procurement framework.

Consultants

During 2020-21, seven new reportable consultancy contracts were entered into involving total actual expenditure of $319,209 (including GST). In addition, two ongoing reportable consultancy contracts were active during the period, involving total actual expenditure of $109,406 (including GST).

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 at tenders.gov.au.

Decisions to engage consultants during 2020–21 were made in accordance with the PGPA Act and related regulations including the Commonwealth Procurement Rules and relevant internal policies. The methods of selection used for consultancies include open tender, select tender, direct sourcing and panel arrangements (initially selected through either an open tender or select tender process).

Expenditure on reportable consultancy contracts

Reportable consultancy contracts 2020-21

Number

Expenditure

New contracts entered into during the reporting period

7

$319,209

Ongoing contracts entered into during a previous reporting period

2

$109,406

Total

9

$428,615

Organisations receiving a share of reportable consultancy contract expenditure 2020-21

Expenditure

Proportion of 2020-21 total spend (%)

ACIL Allen Consulting Pty Ltd

$108,834

25%

The Trustee for Birdanco Practice Trust trading as RSM

$95,414

22%

Ipsec Pty Ltd

$63,250

15%

Callida Pty Ltd

$59,400

14%

Cube Group Management Consulting (Australia) Pty Ltd

$39,875

9%

Total of the Largest Shares

$366,773

86%

Expenditure on reportable non-consultancy contracts

Reportable non-consultancy contracts 2020-21

Number

Expenditure

New contracts entered into during the reporting period

167

$11,561,119

Ongoing contracts entered into during a previous reporting period

76

$9,100,738

Total

243

$20,661,857

Details of expenditure on reportable non-consultancy contracts has not reported because no organisations met the criteria of expenditure of at least 5% of the total expenditure on non-consultancy contracts.

Australian National Audit Office access clauses

No contracts of $100,000 or more (including GST) were let during 2020–21 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) or standing offers were exempted by the General Manager from being published on AusTender on the basis that they would disclose exempt matters under the Freedom of Information Act 1982 (FOI Act).

Procurement initiatives to support small business

The Commission supports small business participation in the Commonwealth Government procurement market. Small and medium enterprises (SMEs) and small enterprise participation statistics are available on the Department of Finance’s website at finance.gov.au.

The Commission’s procurement practices support SMEs, including by the use of the Commonwealth Contracting Suite for low-risk procurements valued under $200,000. The Commission communicates using clear, simple language that is presented in an accessible format throughout the procurement process.

The Commonwealth’s Indigenous Procurement Policy, which commenced on 1 July 2015, is reflected in the Commission’s procurement policy and practices.