Noosa Council Annual Report 24/25

Noosa Council
Notes to the Financial Statements
for the year ended 30 June 2025

Note 32. Transactions with related parties (continued)

(d) Key Management Personnel
§Subnote§




Transactions with Key Management Personnel

Councillors
Cr Frank Wilkie (Mayor)
Cr Brian Stockwell (Deputy Mayor)
Cr Karen Finzel
Cr Amelia Lorentson
Cr Jessica Phillips
Cr Tom Wegener
Cr Nicola Wilson

Executive Leadership Team
Chief Executive Officer
Director Community Services
Director Corporate Services
Director Development & Regulation
Director Infrastructure Services
Director Strategy & Environment




                                                                                                                                          Noosa Council Annual Report 24/25
$ '000                                                                                                2025                 2024

Short-term Employee Benefits                                                                         2,145                 2,069
Post-Employment Benefits                                                                               220                   199
Long-term Benefits                                                                                      31                    29
Total Compensation Paid to Key Management Personnel                                                  2,396                 2,297

(e) Other Related Parties
§Subnote§




Transactions with Other Related Parties
Employee expenses with close family members of key management personnel                                115                   104
Total                                                                                                 115                    104

All close family members of key management personnel were employed through an arm's length process. They are paid in
accordance with the Award for the job they perform.


(f) Outstanding balances
§Subnote§




Council has no outstanding balances at the end of the reporting period in relation to transactions with related parties.


(g) Loans and guarantees to/from related parties
§Subnote§




Council does not make loans to or receive loans from related parties. No guarantees have been provided.


(h) Commitments to/from other related parties
§Subnote§




Council has no outstanding commitments to/from other related parties.


(i) Transactions with related parties that have not been disclosed
§Subnote§




On a regular basis ordinary ratepayer transactions occur between Council and its related parties. Examples include rates
and animal registrations. Council has not included these types of transactions in its disclosure where they are made on the
same terms and conditions available to the general public.




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