I, Sandra Parker, as the entity’s accountable authority, present the 2018–19 annual performance statement, as required under paragraph 39 (1) (a) of the Public Governance, Performance and Accountability Act 2013 (PGPA Act). The statement is based on properly maintained records, accurately reflects the entity’s performance, and complies with subsection 39(2) of the PGPA Act.

Agency purpose

The ROC is responsible for improving the governance and financial accountability of registered employer and employee organisations through education, guidance (incorporating assistance and advice), regulation, monitoring, inquiries, investigation and appropriate enforcement.

Analysis of performance against ROC purpose

As at 30 June 2019, there are 106 federally registered organisations comprised of approximately 354 reporting units. In general, a reporting unit is a branch or national office of a registered organisation. Under the RO Act, each reporting unit is required to lodge audited financial reports with the ROC (unless exempt). Since 2 May 2017, it has been a legislative requirement that auditors of the financial reports of reporting units are registered by the Commissioner.

Each registered organisation is also required to lodge an annual return of information (annual returns), and organisations and their branches are required to lodge prescribed information for elections (unless exempt). The accurate and timely assessment of these documents by the ROC is an important aspect of monitoring compliance with the RO Act by organisations. Publication of these documents by the ROC enables accountability to organisations’ members and the wider community.

The ROC is pleased to report that 100% of financial reports have been assessed, and 100% of applications for registration by auditors dealt with, within the KPI of 40 working days. The ROC has also met timeliness measures for processing annual returns with 99% processed within 40 working days, and for lodgement of prescribed information for elections with 95% dealt with within 40 working days.

We helped to promote improved compliance by fostering the governance and financial accountability of organisations through education and the provision of advice and assistance. In 2018–19, we engaged with registered organisations and their peak bodies in the development and delivery of a diverse and comprehensive range of education activities and resources for organisations and their members.