Australian Financial Security Authority Annual Report 2023-24

Non-Corporate Commonwealth Entity · Commonwealth · Published 19 February 2025

Total expenses: $117.4 million
Ongoing staff: 422
Non-ongoing staff: 47
Consultancy contracts: $6.4 million; 57 contracts
Non-consultancy contracts: $52.1 million; 400 contracts

Official source

Transparency Portal data for this report (JSON)

transparency.gov.au

Published headline figures

Income statement extract

Total expenses: $117.4 million (117,441 in $'000)
Employee benefits: $52 million (51,966 in $'000)
Suppliers: $52 million (51,950 in $'000)
Revenue from government: $53.5 million (53,543 in $'000)
Own-source income: $20,000 (20 in $'000)

Unit: Portal template for this table type; the table item itself does not state a unit.

Income statement table on the Transparency Portal (JSON)

Staff

Ongoing staff: 422 people
Ongoing staff table on the Transparency Portal (JSON)
Non-ongoing staff: 47 people
Non-ongoing staff table on the Transparency Portal (JSON)

Staff numbers are headcounts as published in the all ongoing and all non-ongoing employee tables, not full-time equivalents.

Consultancy contracts

Expenditure: $6.4 million (6,375 in $'000)
Contracts: 57
New contracts: 36
Ongoing contracts: 21

Consultancy contracts table on the Transparency Portal (JSON)

Non-consultancy contracts

Expenditure: $52.1 million (52,088 in $'000)
Contracts: 400
New contracts: 250
Ongoing contracts: 150

Non-consultancy contracts table on the Transparency Portal (JSON)

Published disclosure tables 5

Information about remuneration for key management personnel18 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for key management personnel · Licence CC BY 4.0

Key management personnel remuneration is reported on an accrual basis for the period each person held the role, so part-year amounts are not annual salaries.

Name	Position	Base salary	Other benefits	Superannuation	Long service leave	Termination	Total
Tim Beresford	Chief Executive	516,014	0	27,524	13,215	0	556,753
Jennifer Dobell	General Manager	142,268	574	25,441	3,482	0	171,764
Emma Greenwood	General Manager	318,203	0	51,301	20,231	0	389,735
Annie Ryan	Chief Operating Officer	248,880	0	46,107	11,412	192,816	499,215
Jenni Pain	Acting Chief Operating Officer	32,963	0	3,929	1,895	0	38,786
Jane Lye	General Counsel	209,035	480	38,335	766	0	248,617
Joshua Smith	Chief Information Officer	59,518	0	9,694	1,749	0	70,961
Greg Cassis	Chief Information Officer	411,473	0	0	0	0	411,473
Heath Baker	Acting National Manager	26,721	0	1,984	122	0	28,826
Tim Cole	Acting National Manager	59,611	0	8,842	4,278	0	72,731
Sarah Marshall	National Manager	103,319	0	17,678	3,223	0	124,220
Neville Matthew	National Manager	83,347	420	20,556	6,740	0	111,063
Marcel Savary	National Manager	266,763	0	36,850	6,922	0	310,535
Sue Whitaker	National Manager	83,161	0	9,835	12,001	0	104,997
Elyse Herrald-WoodsAs published, the parts do not add up to the total.	National Manager	224,532	0	31,720	10,735	0	415,507
Wendy O'Brien	Acting National Manager	78,166	0	8,365	762	0	87,293
Amanda RiceAs published, the parts do not add up to the total.	National Manager	54,717	0	7,299	2,968	0	180,870
Michael Gilbert	Senior Director	28,810	0	3,567	161	0	32,537

Information about remuneration for senior executives1 row · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for senior executives · Licence CC BY 4.0

Senior executive and other highly paid staff rows are bands with a count and averages, not individuals. Never multiply or add averages across bands, bodies or years.

Pay band	People	Average base salary	Average bonuses	Average other benefits	Average superannuation	Average long service leave	Average other long term	Average termination	Average total
245001 - 270000	1	1,005	0	0	207	105	0	0	1,317

Information about remuneration for other highly paid staff1 row · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for other highly paid staff · Licence CC BY 4.0

Senior executive and other highly paid staff rows are bands with a count and averages, not individuals. Never multiply or add averages across bands, bodies or years.

Pay band	People	Average base salary	Average bonuses	Average other benefits	Average superannuation	Average long service leave	Average other long term	Average termination	Average total
250000 - 270000	2	221,918	0	0	32,423	4,942	0	0	259,283

Organisations Receiving a Share of Reportable Consultancy Contract Expenditure Current Report Period (2023-24)5 rows · Unit: $'000 GST inclusive

Source table on the Transparency Portal: Organisations Receiving a Share of Reportable Consultancy Contract Expenditure Current Report Period (2023-24) · Licence CC BY 4.0

Organisation	Expenditure$'000 GST inclusive
Sententia Consulting Pty LtdABN 85639580662	784
Callida Pty LtdABN 40154007664	736
Infinite Consulting Pty LimitedABN 56081954645	498
Cirrus Networks (ACT) Pty LtdABN 85143561291	355
Nous Group Pty LtdABN 66086210344	355

Organisations Receiving a Share of Reportable Non-Consultancy Contract Expenditure Current Report Period (2023-24)5 rows · Unit: $'000 GST inclusive

Source table on the Transparency Portal: Organisations Receiving a Share of Reportable Non-Consultancy Contract Expenditure Current Report Period (2023-24) · Licence CC BY 4.0

Organisation	Expenditure$'000 GST inclusive
Evolve FM Pty LtdABN 52605472580	7,888
Fujitsu Australia LimitedABN 19001011427	4,334
Data#3 LimitedABN 31010545267	3,231
Austroads LtdABN 16245787323	3,041
Cirrus Networks (ACT) Pty LtdABN 85143561291	2,780