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Note 10: Key management personnel remuneration

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 Directors, Chief Executive and the Executive Officers. Key management personnel remuneration is reported in the table below:

Key management personnel remuneration

2020

$’000

2019

$’000

Short-term employee benefits

3,116

2,946

Post-employment benefits

219

247

Other long-term employee benefits

104

286

Total key management personnel remuneration expenses 3

3,439

3,479

Notes:

  1. Note 10 is prepared on an accrual basis.
  2. The total number of senior management personnel that are included in Note 10 are 19 (2019: 17).
  3. 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 not paid by
    the entity.