XML 38 R23.htm IDEA: XBRL DOCUMENT v3.24.1
Reserves
6 Months Ended
Dec. 31, 2023
Text block [abstract]  
Reserves
Note 18. Reserves
 
    
Consolidated
 
    
December
2023
    
June 2023
 
    
$
    
$
 
Foreign currency reserve
     (845,477      (741,790
Share-based payments reserve
     4,859,131        4,422,666  
  
 
 
    
 
 
 
     4,013,654        3,680,876  
  
 
 
    
 
 
 
Foreign currency reserve
The reserve is used to recognise exchange differences arising from translation of the financial statements of foreign operations to Australian dollars.
Share-based payments reserve
The reserve is used to recognise the value of equity benefits provided to employees and directors as part of their remuneration, and other parties as part of their compensation for services.
Share based payments reserve for Employee Share Option Plan
During the half year there were no issues under the Employee Share Option Plan.