People and Relationships
This section describes a range of employment and post employment benefits provided to our people and our relationships with other key people.
Employee provisions
3.1 Employee Provisions | ||
|---|---|---|
2020 | 2019 | |
$’000 | $’000 | |
3.1A: Employee provisions | ||
Long service leave | 2,623 | 2,753 |
Annual leave | 1,787 | 1,737 |
Personal leave | 101 | 101 |
Total employee provisions | 4,511 | 4,591 |
Accounting policy
Leave
The liability for employee benefits includes provision for annual leave, personal leave and long service leave.
The leave liabilities are calculated on the basis of employees’ remuneration at the estimated salary rates that will be applied at the time the leave is taken, including the TSRA's employer superannuation contribution rates to the extent that the leave is likely to be taken during service rather than paid out on termination.
The estimate of the present value of the liability takes into account attrition rates and pay increases through promotion and inflation.
Superannuation
The TSRA's staff are members of the Commonwealth Superannuation Scheme (CSS), the Public Sector Superannuation Scheme (PSS), or the PSS accumulation plan (PSSap), or other superannuation funds held outside the Australian Government.
The CSS and PSS are defined benefit schemes for the Australian Government. The PSSap is a defined contribution scheme.
The liability for defined benefits is recognised in the financial statements of the Australian Government and is settled by the Australian Government in due course. This liability is reported in the Department of Finance’s administered schedules and notes.
The TSRA makes employer contributions to the employees' defined benefit superannuation scheme at rates determined by an actuary to be sufficient to meet the current cost to the Government. The entity accounts for the contributions as if they were contributions to defined contribution plans.
The liability for superannuation recognised as at 30 June represents outstanding contributions.
Key Management Personnel Remuneration
3.2 Key Management Personnel Remuneration | ||
|---|---|---|
Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including any director (whether executive or otherwise) of that entity. The entity has determined the key management personnel to be the Board Members including the Chairperson and the Chief Executive Officer. Key management personnel remuneration is reported in the table below: | ||
2020 | 2019 | |
$'000 | $'000 | |
Short-term employee benefits | 782 | 918 |
Post-employment benefits | 70 | 79 |
Other long-term employee benefits | 83 | 73 |
Total key management personnel remuneration expenses 1 | 935 | 1,070 |
The total number of key management personnel that are included in the above table are 22 (2019: 23) | ||
1. The above key management personnel remuneration excludes the remuneration and other benefits of the Portfolio Minister. The Portfolio Minister's remuneration and other benefits are set by the Remuneration Tribunal and are not paid by the entity.
Related Party Disclosures
3.3 Related Party Disclosures
Related party relationships
The TSRA is an Australian Government controlled entity. Related parties to this entity are Key Management Personnel including the Portfolio Minister, Chairperson, Chief Executive Officer and Directors, and other Australian Government entities.
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, receipt of a Medicare rebate or higher education loans. These transactions have not been separately disclosed in this note. There are no related party transactions with the Portfolio Minister, the Chief Executive Officer or their close family members. The following transactions with Director related parties occurred during the financial year:
Loans to Related Parties
Loans were made to the following directors and director-related entities. They were approved under normal terms and conditions applying to the TSRA's loan schemes. The directors involved took no part in the relevant decisions of the board.
The table below outlines the loan holder/s and the TSRA director with whom a related party connection exists.
Loan Holder: Seisia Community Torres Strait Islander Corporation - Joseph Elu - TSRA Board Member - Seisia Community Torres Strait Islander Corporation Chairperson
Loan Holder: Alice Loban - Yen Loban - TSRA Board Member - Close family member of Alice Loban
Loan Holder: Loban Marine - Yen Loban - TSRA Board Member - Loban Marine Owner
Loan Holder: Patrick Loban - Yen Loban - TSRA Board Member - Close family member of Patrick Loban
2020 | 2019 | |
|---|---|---|
Loans to Related Parties | $ | $ |
Loans to directors and close family members outstanding as at year-end | 375,747 | 39,291 |
Loans to directors and close family members during the year | 371,623 | - |
Loan repayments by directors and close family members during the year | 15,233 | 9,350 |
Loans to director-related entities outstanding as at year-end | 59,236 | 140,442 |
Loans to director-related entities during the year | - | 47,000 |
Loan repayments by director-related entities during the year | 93,189 | 54,764 |
Interest revenue included in net cost of services from loans to directors/director-related entities | 15,053 | 12,937 |
Grants to Related Parties
Grants were made to the following Director-related entities. They were approved under normal terms and conditions applying to the TSRA's grant programs. The Directors involved took no part in the grant application approval processes.
2020 | 2019 | ||
|---|---|---|---|
TSRA Director's Name and Relationship with Grantee | Grantee | $ | $ |
J Elu - Councillor for Seisia, P Yusia - Mayor | Northern Peninsula Area Regional Council | 5,500 | 23,600 |
J Abednego - Councillor, Y Loban - Deputy Mayor | Torres Shire Council | 135,587 | 1,556,185 |
G Lui - Deputy Mayor, D Bosun, S Dorante, A Noah, H Mosby, R Stephen - Councillors | Torres Strait Island Regional Council | 133,945 | 203,412 |
D Bosun - Director | Ngalmun Lagau Minaral (TSI) Corporation | 175,000 | 75,000 |
J Abednego - President | TRAWQ Indigenous Corporation | 36,700 | 79,373 |
F Fauid - Director, J Gela - Director | Torres Strait Islander Media Association | 881,913 | 530,000 |
H Baira- Vice Chairperson | Mura Badulagal (TSI) Corporation | - | 240,000 |
J Gela - Chairperson, R Pilot - Director | Erubam Le PBC | 12,100 | 17,500 |
F Fauid - Chairperson | Porumalgal (TSI) Corporation RNTBC | - | 61,000 |
P Yusia - Director | NPA Family & Community Services | 232,800 | - |
Other Transactions with Related Parties
Grant receipts were received from the following Australian Government Entities by the TSRA during 2019 -20.
2020 | 2019 | ||
|---|---|---|---|
Government Entity | Purpose of Grant | $ | $ |
Department of the Prime Minister and Cabinet | Torres Strait Indigenous Ranger Program | - | 8,992,446 |
Department of the Prime Minister and Cabinet | Indigenous Protected Areas | - | 213,143 |
Department of the Prime Minister and Cabinet | Ranger Capacity Building | - | 551,000 |
Department of Agriculture, Water and the Environment | National Landcare Program | 600,000 | 600,000 |
Department of Communications and the Arts | Evolution: Torres Strait Masks | - | 158,457 |
National Indigenous Australians Agency | Indigenous Protected Areas | 216,127 | - |
National Indigenous Australians Agency | Torres Strait Indigenous Ranger Program | 9,118,340 | - |
National Indigenous Australians Agency | Ranger Capacity Building | 548,000 | - |
National Indigenous Australians Agency | Major Infrastructure and Other Projects - Seawalls | 3,500,000 | - |
Department of Infrastructure, Transport, Regional Development and Communications | Indigenous Language Centre | 420,000 | - |
Visit
https://www.transparency.gov.au/annual-reports/torres-strait-regional-authority/reporting-year/2019-20-13