Financial performance
This section analyses the financial performance of IPEA for the period ended 30 June 2020.
1.1 Expenses
2020 | 2019 | |
$’000 | $’000 | |
1.1A: Employee Benefits | ||
Wages and salaries | 5,258 | 4,965 |
Superannuation | ||
Defined contribution plans | 382 | 374 |
Defined benefit plans | 661 | 587 |
Leave and other entitlements | 761 | 740 |
Other employee expenses | 16 | 12 |
Total employee benefits | 7,078 | 6,678 |
1.1B: Suppliers | ||
Goods and services supplied or rendered | ||
Property related expenses | 514 | 537 |
Professional services | 820 | 1,079 |
Organisational support services | 370 | 787 |
Insurances | 47 | 58 |
IT services | 501 | 577 |
Auditor's remuneration | 56 | 56 |
Travel | 38 | 81 |
Employee related expenses | 157 | 148 |
Other | 57 | 41 |
Total goods and services supplied or rendered | 2,560 | 3,364 |
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https://www.transparency.gov.au/annual-reports/independent-parliamentary-expenses-authority/reporting-year/2019-20-24