House of Assembly - Fifty-Fifth Parliament, First Session (55-1)
2023-02-07 Daily Xml

Contents

Auditor-General's Report

In reply to Mr TELFER (Flinders) (15 November 2022).

The Hon. N.D. CHAMPION (Taylor—Minister for Trade and Investment, Minister for Housing and Urban Development, Minister for Planning): I have been advised of the following:

The decrease of A$71,000 in operating revenue for the United Kingdom (UK) office mainly due to:

a foreign exchange gain between the British pound and Australian currencies for the UK office; and

lower contributions from other government agency towards the cost of the defence trade and investment director.

A minor increase in revenue is observed for the Jinan office due to a foreign exchange gain between the Chinese yuan and Australian dollar in 2022.