120 / 132
During the year the following fees were paid or payable for services provided by the auditor
of the Consolidated Entity, its related practices and non-related audit firms:
Audit and other assurance services
Consolidated
2017
$
2016
$
Audit services
The following total remuneration was received or is due
and receivable, by the Australian National Audit Office
in respect of its services, including those performed by
its contractors Ernst & Young for auditing the financial
report of the entity in the Group
267,949
260,000
Other assurance services
The following total remuneration was received or is
due and receivable, by the Australian National Audit
Office in respect of its services, including those
performed by its contractors Ernst & Young relating
to fees for Infrastructure Investment Grant Audit
10,000
10,000
Total remuneration for audit and other assurance
services
277,949
270,000
Consolidated
2017
$
2016
$
Short term employee benefits
2,461,686
2,410,272
Post - employment benefits
116,704
112,849
Other long-term benefits
36,354
41,243
2,614,744
2,564,364
The amounts disclosed in the table are the amounts recognised as an expense during the reporting
period related to key management personnel.
In line with the introduction this financial year of the Remuneration Report into the Director’s Report,
a full review of the definition of Key Management Personnel (KMP) and the associated reporting
requirements has been undertaken. This has resulted in both an overall reduction of personnel
considered as KMP and some minor changes to the methodology used to calculate the end of
financial year balances. The 2016 balance has been updated to accurately reflect those changes.
The result was insignificant.
(a) Remuneration of Directors and Key Management Personnel
118
NOTE 16
REMUNERATION OF AUDITORS
NOTE 15
DIRECTORS AND KEY MANAGEMENT
PERSONNEL DISCLOSURES