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Future Fund Management Agency Annual Report 2024-25

Non-Corporate Commonwealth Entity · Commonwealth · Published

Total expenses
$0
Ongoing staff
349
Non-ongoing staff
26
Consultancy contracts
$2 million
6 contracts
Non-consultancy contracts
$81.9 million
341 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

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

Consultancy contracts

Expenditure
$2 million (1,957 in $'000)
Contracts
6
New contracts
5
Ongoing contracts
1

Consultancy contracts table on the Transparency Portal (JSON)

Non-consultancy contracts

Expenditure
$81.9 million (81,892 in $'000)
Contracts
341
New contracts
92
Ongoing contracts
249

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

Published disclosure tables 4

Information about remuneration for key management personnel16 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal · 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.

NamePositionBase salaryBonusesOther benefitsSuperannuationLong service leaveOther long termTerminationTotal
Dr Raphael ArndtChief Executive Officer781,095927,720030,00045,493-38,57001,745,738
Ms Simone Hartley-KeaneChief People, Culture and Inclusion Officer61,042004,6651,3870067,094
Mr Will HethertonChief Corporate Affairs Officer206,493122,25409,88529,41100368,043
Mr Gordon McKellarChief Operating Officer654,327482,859040,08330,894001,208,163
Mr Hugh MurrayDeputy Chief Investment Officer675,791624,902040,08329,918140,31501,511,009
Mr Cameron PriceGeneral Counsel and Chief Risk Officer656,976473,354040,08316,281001,186,694
Ms Kimberley ReidChief People, Culture and Inclusion Officer180,2440039,64010,1500163,217393,251
Mr Ben SamildChief Investment Officer755,0310030,00030,189-89,8370725,383
Mr Greg CombetChair237,44002,57827,306000267,324
Mr James CraigBoard Member28,772003,30900032,081
Mrs Patricia CrossBoard Member118,740015718,286000137,183
Dr Deborah RalstonBoard Member118,740039318,286000137,419
Ms Mary ReemstBoard Member132,436042615,230000148,092
Ms Rosemary VilganBoard Member118,740039318,286000137,419
Mr Michael WachtelBoard Member90,42503313,925000104,383
Ms Nicola Wakefield EvansBoard Member118,740044113,655000132,836
Information about remuneration for other highly paid staff49 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal · 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 bandPeopleAverage base salaryAverage bonusesAverage other benefitsAverage superannuationAverage long service leaveAverage other long termAverage terminationAverage total
$260000–$27000012201,66021,9052,58522,7875,2314,3957,517266,080
$270001–$29500020210,20131,591023,5636,6518,7030280,709
$295001–$32000017224,19347,094026,7757,0312,5920307,684
$320001–$34500014239,73750,4891,80327,5687,9566,9500334,503
$345001–$37000013247,30060,531027,5308,49913,0870356,947
$370001–$39500012273,12456,967028,7219,99113,9890382,791
$395001–$4200008297,47254,832029,7414,42116,6680403,134
$420001–$4450006306,54574,2624,95327,6166,73815,1720435,286
$445001–$4700005271,278144,6163,38128,2427,62600455,143
$470001–$4950001258,145147,98931,72322,07910,07500470,011
$495001–$5200007329,16264,27810,26229,8929,39361,2270504,214
$520001–$5450002280,720147,679034,71617,50348,9160529,534
$545001–$570000000000000
$570001–$5950003332,488135,681026,69913,749105,2800578,804
$595001–$6200003393,672105,824029,99412,58266,7840608,855
$620001–$6450001341,462243,328030,00019,19200633,982
$645001–$6700006372,568209,8499,73729,993-3,01741,0510660,180
$670001–$6950007395,157205,9169,86232,87814,62723,5880682,027
$695001–$7200001376,604267,400030,00013,58510,0000697,589
$720001–$7450004382,135305,310029,98614,02600731,457
$745001–$7700003431,869277,45810,89933,35513,29800766,879
$770001–$7950001424,914315,268030,00011,77100781,953
$795001–$8200001364,868363,049072,47210,46700810,856
$820001–$8450001445,405195,340040,08314,774145,3400840,940
$845001–$8700003403,007266,038030,00018,774146,3760864,195
$870,001–$895,0001474,789353,202030,00014,21900872,210
$895001–$9200001446,3630030,00034,869390,7240901,956
$920001–$9450002455,219372,131029,98946,07932,0380935,457
$945001–$9700001474,930433,240030,00017,26100955,431
$970001–$995000000000000
$995001–$1020000000000000
$1020001–$10450002500,958242,242029,98921,819241,54501,036,553
$1045001–$1070000000000000
$1070001–$1095000000000000
$1095001–$1120000000000000
$1120001–$11450001562,650341,657030,00014,192191,65701,140,155
$1145001–$1170000000000000
$1170001–$1195000000000000
$1195001–$1220000000000000
$1220001–$12450001601,575588,008030,00022,673001,242,256
$1245001–$1270000000000000
$1270001–$1295000000000000
$1295001–$1320000000000000
$1320001–$1345000000000000
$1,345,001–$1,370,0001591,547746,146030,00023,771-25,71301,365,750
$1,370,001–$1,395,000000000000
$1,395,001–$1,420,000000000000
$1,420,001–$1,445,0001630,388743,621030,00016,8374,45901,425,305
$1,445,001–$1,470,0001662,559767,384040,08321,895-25,71301,466,207
Organisations Receiving a Share of Reportable Consultancy Contract Expenditure Current Report Period (2024-25)5 rows · Unit: $'000 GST inclusive

Source table on the Transparency Portal · Licence CC BY 4.0

OrganisationExpenditure$'000 GST inclusive
Accenture Australia Pty LtdABN 490967768951,023
Deloitte Touche TohmatsuABN 74490121060503
Ashurst AustraliaABN 75304286095176
Enterprise Knowledge Pty LtdABN 72051111418165
Bevington Consulting Pty LtdABN 1208053400567
Organisations Receiving a Share of Reportable Non-Consultancy Contract Expenditure Current Report Period (2024-25)5 rows · Unit: $'000 GST inclusive

Source table on the Transparency Portal · Licence CC BY 4.0

OrganisationExpenditure$'000 GST inclusive
Data#3 LimitedABN 310105452678,249
Leaders IT Services Pty LtdABN 921621135466,512
Knight Frank Australia Pty LtdABN 170049736846,026
Accenture Australia Pty LtdABN 490967768954,572
ValueFlow Pty LtdABN 151578218803,083

Record snapshot: · This record as JSON