FWBC had total income of $34.792 million for 2014 to 15 which included appropriation funding of $33.859 million.

FWBC recorded an operating surplus of $1.546 million for 2014 to 15.

Refer to part 4 of this report for the FWBC financial statements.

Table 3.5 summarises the total resources in comparison to the total payments made during the year.

Table 3.5 FWBC resource statement 2014 to 15
  Actual available appropriations for 2014 - 15
$’000
(a)
Payments made 2014 - 15
$’000
(b)
Balance remaining 2014 - 15
$’000
(a-b)
Ordinary Annual Services  
Departmental Outputs
Departmental outputs 82,365 33,543 48,822
Total Ordinary Annual Services 82,365 33,543 48,822
Other Services  
Departmental Non-Operating
Equity injections (departmental capital budget) 442 707 (265)
Total Other Services 442 707 (265)
Special Appropriation  
Administered outputs
Total Special Appropriation
Total Available Annual Appropriations 82,807 34,250 48,557

Note: Appropriation Bill (No. 1) 2014 to 15, unspent appropriations from previous years and retained revenue receipts under section 74 of the PGPA Act.

Table 3.6 summarises expenses and resources required for FWBC to achieve its outcome.

Table 3.6 FWBC expenses and resources for outcome
Outcome 1: Compliance with workplace relations legislation by employees and employers through advice, education and where necessary enforcement. Budget 2014 - 15
$’000
(a)
Actual Expenses 2014 - 15
$’000
(b)
Variation
$’000
(a-b)
Program 1: Education Services and Compliance Activities  
Departmental Expenses
Ordinary Annual Services (Appropriation Bill No.1) 34,595 32,313 2,282
Revenue from independent sources (Section 74) 102 933 (831)
Total for Program 1 34,697 33,246 1,451
Total Expenses for Outcome 1 34,697 33,246 1,451
2013 - 14
Average staffing level (number) 132

Note: Budget information reflects budgets as set out in the Portfolio Budget Statements 2014 to 15.

Financial Management

Financial services are provided to the FWBC on an outsourced arrangement by the Fair Work Ombudsman (FWO) under the Payroll and Finance Services Memorandum of Understanding (MoU) between FWBC and FWO.

Assets Managements

FWBC’s main asset types are leasehold improvements/fitout, computer equipment, internally developed software and office furniture and equipment. Assets management is given regular and appropriate attention.

Purchasing

FWBC’s procurement policies reflect the principles of the Commonwealth Procurement Rules 2014 (CPRs).

FWBC applies the following criteria to all procurement activities:

  • value for money
  • encouraging competition
  • efficient, effective and ethical use of resources
  • accountability and transparency.

FWBC’s primary strategy for obtaining value for money is to access existing Commonwealth panel or coordinated contract arrangements, where applicable, when procuring goods and services.

All FWBC procurements with an estimated value of between $10,000 and $80,000 (including GST) are subject to a competitive supplier quotation and evaluation process to ensure value for money is achieved.

All FWBC procurements with an estimated value greater than $80,000 (including GST) are subject to an open approach to the market (in line with the mandatory requirements of the CPRs) unless these procurements meet the CPRs conditions
for direct sourcing.

All open approaches to the market are advertised on the AusTender web site. All purchases greater than $10,000 (including GST) or more are reported in AusTender.

Whenever possible, small and medium sized businesses are encouraged to tender for FWBC’s business.

FWBC has an annual procurement plan outlining expected major procurement activity. This is published on the AusTender web site.

FWBC also lists contracts valued at $100,000 or more which have not been fully performed or which have been entered into during the previous 12 months on FWBC’s web site, in accordance with the Senate Order of 20 June 2001.

Annual reports contain information about actual expenditure on contracts for consultancies. Information on the value of contracts and consultancies is available on the AusTender website .

Consulting Services

During 2014 to 15, four new consultancy services contracts were entered into by FWBC involving total actual expenditure of $99,676 (including GST). There were no ongoing consultancies carrying over from 2013 to 14.

FWBC engages consultants where it lacks specialist expertise or when independent research, review or assessment is required. Consultants are typically engaged to investigate or diagnose a defined issue or problem; carry out defined reviews or evaluations; or provide independent advice, information or creative solutions to assist in FWBC’s decision making.

Prior to engaging consultants, FWBC takes into account the skills and resources required for the task, the skills available internally, and the costeffectiveness of engaging external expertise. The decision to engage a consultant is made in accordance with the Public Governance and Accountability Act 2013 and related regulations including the Commonwealth Procurement Rules (CPRs) and relevant internal policies.

Contracts

Contracts greater than $100,000

No contract of $100,000 or more (inclusive of GST) was let during the 2014 to 15 financial year by FWBC that did not provide for the Auditor-General to have access to FWBC’s premises.

Exempt contracts

No contract in excess of $10,000 (including GST) or a standing offer has been exempted by the Chief Executive of FWBC from being published in AusTender during the 2013 to 14 financial year on the basis that it would disclose exempt matters under the Freedom of Information Act 1982.

Grant Programs

FWBC does not administer any grant programs, and no grants were made during 2014 to 15.

Advertising and Research

No advertising or promotional campaigns were undertaken by FWBC during 2014 to 15.

No suppliers provided advertising and market research services greater than $12,400 including GST in 2014 to 15.