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Key audited figures from the OAG’s published reports, what was budgeted, what flowed through the Central Treasury, and what the audits found.

Source: FY 2025 Annual Audit Report (30 Jun 2026) · FY 2024 Audited Annual Financial Statements (30 Jun 2025) · FY 2023 Annual Audit Report (30 Jun 2024)

$124.54M

Approved Budget 2025

Approved by the House of Representatives, balanced between revenue and expenditure

$107.83M

Executed via Central Treasury

87% of the approved budget was executed through the Government’s Central Treasury

$16.71M

Unspent Balance

Approved budget not spent — overall execution rate was 87%

$21.39M

Unsupported Expenditure

Not fully supported by documentation, a basis for the qualified opinion

FY 2025 Budget Execution

Of the $124.54M approved budget, $107.83M (87%) was executed through the Central Treasury Account.

Executed (Central Treasury) · $107.83M

Unspent balance · $16.71M

Within the audited expenditure, contracts totalling $7,098,793 were found to lack required procurement documentation — competition records, evaluation reports, and selection committee minutes were missing.

Unsupported Expenditure, Breakdown

Expenditures totalling $21,390,478 were not fully supported by appropriate documentation (FY 2025 report, basis for qualified opinion).

Recorded via Government Bank without direct beneficiary identification (PFMIS)$5,876,196

Paid without required payment/expenditure request$7,360,743

Paid on incomplete requests missing required signatures and approvals$8,153,539

Read the FY 2025 Report