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DERIVATIVE FINANCIAL INSTRUMENTS - AUD ($) | 12 Months Ended
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Dec. 31, 2021 | Dec. 31, 2020
Derivative Financial Instruments |  |
Carrying value as at beginning of year | $ 1,478,540 |
Derivates related to convertible promissory note (Note 22) |  | 3,790,737
Fair value change in derivative financial instruments during the year | 842,463 | (2,312,197)
Exchange difference |  |
Carrying value as at end of year | $ 2,321,003 | $ 1,478,540

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