Indigenous Business Australia Annual Report 2024-25

Corporate Commonwealth Entity · Commonwealth · Published 28 October 2025

Total expenses: $230.5 million
Ongoing staff: 210

Official source

Transparency Portal data for this report (JSON)

transparency.gov.au

Published headline figures

Income statement extract

Total expenses: $230.5 million (230,456 in $'000)
Employee benefits: $56.3 million (56,273 in $'000)
Suppliers: $110.1 million (110,077 in $'000)
Revenue from government: $9.9 million (9,885 in $'000)
Own-source income: $335.2 million (335,185 in $'000)

Income statement table on the Transparency Portal (JSON)

Staff

Ongoing staff: 210 people
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.

Published disclosure tables 3

Information about remuneration for key management personnel16 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 entity-copyright

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	Bonuses	Other benefits	Superannuation	Long service leave	Termination	Total
Edward Fry	Board - Chair	42,391	0	0	4,875	0	0	47,265
Godwell D J	Board - Chair	43,127	0	0	4,960	0	0	48,087
Olga Havnen	Board - Deputy Chair	26,503	0	3,325	5,119	0	0	34,947
Rick Allert	Board	21,198	0	12,262	3,848	0	0	37,308
Shirley McPherson	Board	21,198	0	4,463	2,951	0	0	28,611
Richard Callaghan	Board	21,198	0	4,463	2,951	0	0	28,611
Claire Woodley	Board	42,764	0	11,391	8,948	0	0	63,103
Joshua Gilbert	Board	42,764	0	10,841	6,165	0	0	59,769
Brian Bero	Board	9,878	0	0	1,136	0	0	11,013
Leah Cameron	Board	21,566	0	3,743	2,911	0	0	28,220
Douglas McTaggart	Board	9,878	0	0	1,136	0	0	11,013
Kirsty Moore	Chief Executive Officer	140,099	47,154	0	11,010	0	183,678	381,941
Leo Bator	a/g Chief Executive Officer	182,447	0	0	27,033	0	0	209,481
Shanti Rama	a/g Chief Executive Officer	131,832	0	47,253	16,010	9,195	0	204,291
Dee Garcha	Chief Financial Officer	302,422	0	0	29,933	7,261	0	339,616
Faysal Fassi	Executive Director, Products & Markets	295,931	0	0	41,395	7,041	0	344,367

Information about remuneration for senior executives2 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for senior executives · Licence entity-copyright

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
0- 220000	3	107,463	0	6,010	12,938	4,173	0	3,867	134,451
345001 - 370000	2	317,826	0	0	29,933	7,388	0	0	355,147

Information about remuneration for other highly paid staff2 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 entity-copyright

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
260000 - 270000	1	229,324	0	0	27,500	5,307	0	0	Not stated
270001 - 295000	1	226,371	0	0	38,646	5,242	0	0	Not stated