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Current Assets - Cash and Cash Equivalents
12 Months Ended
Jun. 30, 2025
Current Assets Cash And Cash Equivalents [Abstract]  
Current Assets - Cash and Cash Equivalents

Note 18. Current Assets – Cash and Cash Equivalents

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

US$(000's)

 

 

US$(000's)

 

Cash at bank and in hand

 

 

14,030

 

 

 

91,729

 

Short-term deposits

 

 

34,413

 

 

 

80,742

 

Total cash and cash equivalents

 

 

48,443

 

 

 

172,471

 

 

Cash at bank earns interest at floating rates based on daily bank deposit rates. The carrying amounts of cash and cash equivalents represent fair value.

Short term‑deposits are with two major Australian banks and are made for varying periods of between 30 and 61 days, depending on the immediate cash requirements of the Group, and earn interest at a fixed rate for the respective short‑term deposit periods. At year end, the average rate was 4.23% (2024: 4.71%, 2023: 4.67%).