Skip to content

OPAX is on iPhone and iPad. Get the app

Menu

Future Fund Management Agency Annual Report 2025-26

Non-Corporate Commonwealth Entity · Commonwealth · Published

Total expenses
$0
Ongoing staff
336
Non-ongoing staff
32
Consultancy contracts
$2.3 million
11 contracts
Non-consultancy contracts
$80.7 million
282 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
$2.3 million (2,325 in $'000)
Contracts
11
New contracts
7
Ongoing contracts
4

Consultancy contracts table on the Transparency Portal (JSON)

Non-consultancy contracts

Expenditure
$80.7 million (80,667 in $'000)
Contracts
282
New contracts
89
Ongoing contracts
193

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 Officer825,783985,763030,00028,815-58,81001,811,551
Ms Nancy CollinsChief Financial Officer and Chief Risk Officer682,714450,077030,00015,576001,178,367
Ms Gillian DenisonGeneral Counsel472,908325,78523,78030,00030,87000883,343
Ms Simone Hartley-KeaneChief People, Culture and Inclusion Officer503,733358,261030,00012,24500904,239
Mr Will HethertonChief Corporate Affairs Officer547,403329,158030,00018,54000925,101
Mr Gordon McKellarChief Operating Officer724,040502,854038,50023,427001,288,821
Mr Hugh MurrayDeputy Chief Investment Officer and Interim Chief Investment Officer755,844920,582038,50022,791531,46102,269,178
Mr Ben SamildChief Investment Officer142,363008,07724,3140401,507576,261
Mr Greg Combet AOChair243,14002,39629,177000274,713
Mr James CraigBoard Member121,59003514,591000136,216
Mrs Patricia Cross AMBoard Member104,75403516,132000120,921
Dr Deborah RalstonBoard Member121,590036918,725000140,684
Ms Mary Reemst AMBoard Member121,590026214,591000136,443
Ms Fiona Trafford-WalkerBoard Member16,837002,01900018,856
Ms Rosemary VilganBoard Member121,590036918,725000140,684
Ms Nicola Wakefield Evans AMBoard Member121,590029814,591000136,479
Information about remuneration for other highly paid staff38 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
265000 - 2700006190,65242,1663,25225,7915,15600267,017
270001 - 29500024200,62729,3581,82726,9535,9299,4338,135282,260
295001 - 32000023230,00133,916028,9217,1847,0510307,073
320001 - 34500024240,84427,995029,0865,77416,1269,127328,953
345001 - 3700008249,72346,4683,79529,9488,01414,2447,561359,753
370001 - 39500013253,36870,0881,50230,1138,4377,60412,101383,213
395001 - 42000018293,15254,8911,63530,2822,53822,3910404,889
420001 - 4450006277,40252,644029,7278,32747,65813,207428,964
445001 - 4700008338,73375,4412,33229,2807,879-4,9015,087453,851
470001 - 4950009290,81675,0619,48930,0008,58252,92315,587482,458
495001 - 5200004303,765142,924030,00010,264021,355508,308
545001 - 5700003275,356104,10110,94228,80111,01211,168111,186552,566
570001 - 5950003308,203158,477038,0588,85272,0810585,670
595001 - 6200003367,732149,681032,83311,10747,3450608,698
620001 - 6450003335,201232,24910,91632,83318,87900630,079
645001 - 6700002360,623262,821030,00012,37600665,819
670001 - 6950005395,688174,70410,18530,00014,34354,6880679,608
695001 - 7200003446,262151,182032,83315,02459,8450705,146
720001 - 7450004369,808233,0307,98830,00011,62579,7000732,151
745001 - 7700003390,348208,659030,00010,561116,0760755,644
770001 - 7950002428,244316,454030,00011,07000785,768
795001 - 8200001397,977329,48321,32438,50010,06600797,350
820001 - 8450001377,868415,047030,00011,63800834,553
845001 - 8700002486,291269,99216,34834,25013,87446,0170866,771
870001 - 8950001415,498363,959075,56319,72000874,740
895001 - 9200001500,671354,087030,00013,52300898,281
970001 - 9950001485,833454,091030,00017,82500987,749
1020001 - 10450001489,599412,6755,01530,00016,00172,82401,026,114
1045001 - 10700003508,639166,4806,12132,83320,649324,09601,058,819
1070001 - 10950001514,782520,492030,00013,716001,078,991
1095001 - 11200001549,878520,492030,00014,228001,114,598
1120001 - 11450001559,634534,881030,00016,346001,140,861
1170001 - 11950001386,241381,729030,00049,9640325,9261,173,860
1295001 - 13200001605,144186,304030,00014,543468,70301,304,694
1345001 - 13700001349,354481,00228,22730,00019,851439,36701,347,801
1545001 - 15700001518,4570030,00018,727983,18501,550,369
1570001 - 15950001622,054779,960030,00018,765122,71201,573,491
2020001 - 20450001699,859843,638038,50018,292439,36702,039,656
Organisations Receiving a Share of Reportable Consultancy Contract Expenditure Current Report Period (2025–26)5 rows · Unit: $'000 GST inclusive

Source table on the Transparency Portal · Licence CC BY 4.0

OrganisationExpenditure$'000 GST inclusive
Deloitte Touche TohmatsuABN 74490121060565
The Boston Consulting GroupABN 70007347131388
Nous Group Pty LtdABN 66086210344294
Enterprise Knowledge LLC280
Slalom AustraliaABN 71635861004176
Organisations Receiving a Share of Reportable Non-Consultancy Contract Expenditure Current Report Period (2025–26)5 rows · Unit: $'000 GST inclusive

Source table on the Transparency Portal · Licence CC BY 4.0

OrganisationExpenditure$'000 GST inclusive
Data#3 LimitedABN 3101054526710,394
Avec Global Pty LtdABN 551661662856,971
Knight Frank Pty LtdABN 170049736846,340
Accenture Australia Pty LimitedABN 490967768954,757
ValueFlow IT PtyABN 151578218803,176

Record snapshot: · This record as JSON