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Non-audit services

Snowy Hydro may decide to employ the external auditor on assignments additional to their statutory audit duties where the auditor’s expertise and experience with the Company and/or the Snowy Hydro group of companies are important.

Non-audit services have been provided during the year by the external auditor, Deloitte Touche Tohmatsu. Disclosure of the details of these services can be found in Note 28 of the 2019 Financial Report.

The Board of Directors has considered the position, and in accordance with advice received from the Board Audit & Compliance Committee, is satisfied that the provision of the non-audit services during the year by Deloitte Touche Tohmatsu:

  • is compatible with the general standard of independence for auditors imposed by the Corporations Act; and
  • did not compromise the auditor independence requirements of the Corporations Act in view of the materiality of the amounts, the nature of the services and the processes established to monitor the independence of the auditors.