Annual Report 2020-21

        Noosa Council
        Notes to the Financial Statements
        for the year ended 30 June 2021

        Note 32.Transactions with Related Parties (continued)

Executive Leadership Team
Chief Executive Officer
Director Community Services
Director Corporate Services
Director Infrastructure Services
Director Environment and Sustainable Development
Director Executive Services


    $ '000                                                                                                2021                 2020

    Short-term Employee Benefits                                                                         1,803                 1,824
    Post-employment Benefits                                                                               195                   197
    Long-term Benefits                                                                                      29                    30
    Termination Benefits                                                                                    82                     -
    Total Compensation Paid to Key Management Personnel                                                  2,109                 2,051


    (e) Other Related Parties
    §Subnote§




    Transactions with Other Related Parties

    $ '000                                                                                                2021                 2020

                Employee expenses with close family members of key management personnel                      89                   87

                                                                                                            89                   87

    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
    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.




                                                                                                                        Page 49 of 61