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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING AND REPORTING POLICIES (Tables)
12 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
Schedule Of Translation Exchange Rates [Table Text Block]
As of June 30, 2016 and 2015, the exchange rates used to translate amounts in Australian dollars into USD for the purposes of preparing the financial statements were as follows:
 
 
 
June 30, 2016
 
June 30, 2015
 
Exchange rate on balance sheet dates
 
 
 
 
 
 
 
USD : AUD exchange rate
 
 
0.7401
 
 
0.7655
 
 
 
 
 
 
 
 
 
Average exchange rate for the period
 
 
 
 
 
 
 
USD : AUD exchange rate
 
 
0.7282
 
 
0.8369
 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Changes in Accumulated Other Comprehensive Income (Loss) by component during the years ended June 30, 2015 and 2016 were as follows:
 
 
 
Foreign
Currency
Items:
 
Beginning balance, June 30, 2014
 
$
(302,863)
 
Foreign currency translation gain
 
 
403,831
 
Balance, June 30, 2015
 
 
100,968
 
Foreign currency translation gain
 
 
30,296
 
Ending balance, June 30, 2016
 
$
131,264
 
Schedule Of Estimated Useful Lives Of Property, Plant and Equipment [Table Text Block]
The estimated useful lives are as follows:
 
Machinery and equipment
- 5 years
Furniture
- 7 years