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21. Related party transactions
The Group’s main related parties are as follows:
a. Ultimate controlling entity
The ultimate controlling entity of the Group is the Government of the Commonwealth of Australia. Refer toNote 18 for the equity contributions received during the year.
A director related entity includes any legal, administrative or fiduciary arrangement, organisational structure or other party, including a person, having the capacity to deploy equity instruments in order to achieve objectives. The entity must be under joint or overall control or significant influence of a director or his/her related parties. There were no related party transactions with directors during the year.
There were no loans to directors during the year.