Future Fund Management Agency Annual Report 2023-24

Non-Corporate Commonwealth Entity · Commonwealth · No report date recorded

Total expenses: $0
Ongoing staff: 278
Non-ongoing staff: 27
Consultancy contracts: $1.9 million; 6 contracts
Non-consultancy contracts: $84.8 million; 427 contracts

Official source

Transparency Portal data for this report (JSON)

transparency.gov.au

Published headline figures

Income statement extract

Total expenses: $0 (0 in $'000)
Employee benefits: $0 (0 in $'000)
Suppliers: $0 (0 in $'000)
Revenue from government: $0 (0 in $'000)
Own-source income: $0 (0 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: 278 people
Ongoing staff table on the Transparency Portal (JSON)
Non-ongoing staff: 27 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: $1.9 million (1,856 in $'000)
Contracts: 6
New contracts: 4
Ongoing contracts: 2

Consultancy contracts table on the Transparency Portal (JSON)

Non-consultancy contracts

Expenditure: $84.8 million (84,797 in $'000)
Contracts: 427
New contracts: 190
Ongoing contracts: 237

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

Published disclosure tables 3

Information about remuneration for other highly paid staff31 rows · 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
$250,000–$270,000	15	207,169	16,436	0	24,058	8,056	3,038	0	258,757
$270,001–$295,000	23	215,269	26,884	712	26,133	8,631	3,381	0	281,009
$295,001–$320,000	12	235,783	38,169	0	28,592	8,379	1,846	0	309,589
$320,001–$345,000	15	245,586	39,452	1,278	26,982	9,716	10,483	0	333,496
$345,001–$370,000	16	265,446	36,678	1,593	28,673	6,919	12,782	5,355	357,445
$370,001–$395,000	6	277,353	68,394	3,993	25,588	7,772	0	0	383,099
$395,001–$420,000	4	288,466	52,411	4,169	27,500	10,809	27,836	0	411,190
$420,001–$445,000	2	271,868	119,609	0	27,500	5,353	0	0	424,329
$445,001–$470,000	5	325,337	59,514	3,740	27,461	9,124	30,203	0	455,379
$470,001–$495,000	4	319,851	94,699	0	27,500	12,513	31,298	0	485,860
$495,001–$520,000	1	316,775	162,366	0	27,500	9,192	0	0	515,833
$520,001–$545,000	8	330,654	116,753	3,398	26,652	17,171	4,386	38,191	537,205
$545,001–$570,000	2	349,737	78,216	0	27,500	15,409	87,902	0	558,764
$570,001–$595,000	4	384,263	149,262	1,100	27,500	14,950	0	0	577,075
$595,001–$620,000	5	423,996	105,535	5,781	29,672	23,527	24,657	0	613,168
$620,001–$645,000	2	417,554	106,818	13,399	38,358	15,946	45,764	0	637,839
$645,001–$670,000	3	409,856	189,499	0	41,457	17,103	0	0	657,914
$670,001–$695,000	0	0	0	0	0	0	0	0	0
$695,001–$720,000	1	461,356	196,146	0	27,500	14,068	0	0	699,070
$720,001–$745,000	0	0	0	0	0	0	0	0	0
$745,001-$770,000	1	459,725	243,503	0	27,500	27,957	0	0	758,685
$770,001–$795,000	1	442,812	303,543	0	27,500	13,090	0	0	786,945
$795,001–$820,000	3	496,422	197,296	1,913	27,500	18,971	60,943	0	803,046
$820,001– $845,000	2	535,191	112,326	0	27,500	44,378	111,836	0	831,232
$845,001–$870,000	0	0	0	0	0	0	0	0	0
$870,001–$895,000	1	556,124	269,324	0	27,500	31,284	0	0	884,232
$895,001–$920,000	0	0	0	0	0	0	0	0	0
$920,001–$945,000	0	0	0	0	0	0	0	0	0
$945,001–$970,000	1	538,531	350,152	0	27,500	12,608	34,747	0	963,538
$970,001–$995,000	0	0	0	0	0	0	0	0	0
$995,001–$1,020,000	1	596,083	319,164	0	38,358	17,374	30,945	0	1,001,924

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
Accenture Australia Pty LtdABN 49096776895	816
Deloitte Touche TohmatsuABN 74490121060	699
Nous GroupABN 66086210344	198
McGrathNicol Advisory PartnershipABN 34824776937	140
Challis & Company LtdABN 48161244613	3

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
Leaders IT Services Pty LtdABN 92162113546	11,605
Data#3 LimitedABN 31010545267	7,230
Accenture Australia Pty LtdABN 49096776895	4,248
NTT Australia Pty LtdABN 65003371239	4,129
ValueFlow Pty LtdABN 15157821880	4,015