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Revenue and expenses for the year ended 30 June 2025.
Revenue and expense type Notes Actual 2024 ($000) Actual 2025 ($000) Unaudited budget 2025 ($000) Unaudited forecast 2026 ($000)
Revenue
Revenue from the Crown 2 $743,257 $751,329 $748,425 $780,078
Other revenue 2 $6,259 $6,414 $7,865 $7,552
Total revenue - $749,516 $757,743 $756,290 $787,630
Expenses
Personnel 3 $434,097 $461,762 $436,607 $500,024
Operating 4 $220,430 $219,749 $235,193 $215,023
Amortisation, depreciation and impairment 9, 10 $48,235 $48,854 $62,300 $50,000
Capital charge 6 $22,245 $22,382 $22,190 $22,583
Total expenses - $725,007 $752,747 $756,290 $787,630
Net surplus and total comprehensive revenue and expense - $24,509 $4,996 - -

The accompanying accounting policies and notes form part of these financial statements.

Explanations of major variances against budget are detailed in the relevant notes.

Last updated: 19 Nov 2025
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