Go to top of page

Notes to the financial statements - 5.3 Related Party Disclosures

Related party relationships:

GA is an Australian Government controlled entity. Related parties to GA include the Portfolio Minister and GA's Executive.

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. These transactions have not been separately disclosed in this note.

There are no transactions with Key Management Personnel besides remuneration disclosed in Note 5.2 and travel allowances paid in the ordinary course of business. Related parties of Executive were employed by the entity during the year and were remunerated in a manner consistent with normal employee relationships.

No material transactions with Australian Government entities occurred during the financial year and there are no material outstanding balances forming part of the Statements of Financial Position.

There are no related party transactions by Ministers requiring disclosure by GA in 2019 (2018: nil).