Audience
This guide will assist officials in Commonwealth companies responsible for reporting executive remuneration information in annual reports.
Key points
To provide transparency and accountability, Commonwealth entities and companies are required to disclose executive remuneration arrangements in annual reports. Commonwealth entities and companies are also required to report this information on the Transparency Portal.
This guide:
- outlines the requirements and provides guidance for reporting remuneration details for key management personnel (KMP).
- outlines the requirements for reporting the policies and practices of Commonwealth companies.
- outlines the employment arrangements to include in the disclosure tables.
- outlines the process for a Commonwealth company seeking an exemption from one or more remuneration reporting requirement.
Related resources including appendices, related guidance, links and the PGPA Act and Rule are located in the right-hand menu under Tools and templates.
Executive remuneration reporting by Commonwealth entities for annual reports is covered by RMG 138 Commonwealth entities executive remuneration reporting guide for annual reports.
Appendix 1: Treatment of common remuneration items
Appendix 1 provides further guidance on how common remuneration items should be categorised in accordance with the 4 main categories and sub-categories identified in Schedule 3 of the PGPA Rule. This appendix is available under Tools and templates.
Appendix 2: Illustrative example of remuneration disclosure table for KMP
Appendix 2 provides an example of reporting remuneration information in the KMP disclosure table, in accordance with Schedule 3 of the PGPA Rule.
It also provides tips on how to enter remuneration information into the template so that all executive remuneration is reported consistently in the Transparency Portal. This appendix is available under Tools and templates.
For further information on using data templates, including reporting negative figures, refer to Data Template FAQs available under Policies, legislation and guidance.
