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Note 11: Related Party Disclosures
Related Party relationships:
The immediate parent and ultimate controlling party of the Group is the National Indigenous Australians Agency (NIAA), on behalf of the Commonwealth of Australia. other related parties are the Directors and other Key Management Personnel.
Balances and transactions between the company and its subsidiary, which is a related party of the Company, have been eliminated on consolidation and are not disclosed in this note.
The Company received Grant funding during the year from the NIAA for Nutrition. In the current year there was $82,500 (2019: $247,500) received for this program. There were no other related party transactions during the year.
Terms and conditions
Majority of the Point of Sale systems are owned by Outback Stores and rented to stores managed by Outback Stores