Financial Management

RedR Australia continues to deliver value for money through careful attention to financial planning, cost structure and delivering effective deployments.

The program’s budget for FY21 was fully expended in accordance with the Australia Assists Annual Plan. Underspends across Personnel, Personnel Support and Operational Costs were absorbed by deployments, resulting in a 3 per cent increase in Activity Costs expenditure.

Australia Assists’ FY21 Financial Acquittal for the period ending 30 June, 2021 is summarised as follows (a full financial acquittal for the Contract Funding is provided as an Annex):

Management Fee, Personnel Costs and Short-term Personnel costs were expended in line with budgeted forecasts.

Personnel Support Costs and Operational Costs expenditure were less than budget due to prevailing COVID-19 restrictions, timing of events and a commitment to producing ongoing efficiencies.

Activity Costs expenditure exceeded annual budget allocation (accounting for 63 per cent of the Program’s total Year four budget) as it absorbed underspending across other budget lines. Activity Costs expenditure relates primarily to:

  • training expenses supporting course delivery, including 2 x Hostile Environment Awareness Training, 2 x Essentials of Humanitarian Practice (EHP), 1 x Humanitarian Logistics in Emergencies, 1x Child Protection in Humanitarian Action and 1 x Pacific EHP (held in Fiji).
  • deployment costs, which accounted for 90 per cent of Activity Costs expenditure across the year, including a large number of deployments responding to the COVID-19 pandemic.

In addition to the Contract budget of $12 million, individual DFAT Posts provided $169,000 deployment funding, for five deployments across three Posts (Vanuatu, Tonga and Samoa).

Costs Budget Actual % Expended
Management Fee 1,911,000 1,911,000 100%
Personnel Costs 2,258,309 2,188,623 97%
Short-term Personnel Costs 39,600 39,600 100%
Personnel Support Costs 216,146 167,876 78%
Operational Costs 247,000 117,814 48%
Activity Costs 7,327,944 7,575,086 103%
Total Contract Funding 12,000,000 12,000,000 100%
Post Funding:
Samoa Post 79,915 79,915 100%
Tonga Post 17,967 17,967 100%
Vanuatu Post 71,136 71,136 100%
Total Post Funding 169,018 169,018 100%
Total Program Funding 12,169,018 12,169,018 100%

Program Management

Download FY21 Financial Acquittal