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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - AUD ($)
Dec. 31, 2021
Dec. 31, 2020
Statement of financial position [abstract]    
Cash and cash equivalents $ 274,767 $ 2,194,084
Inventories 187,401
Right-of-use assets 513,942
Trade and other receivables 486,121 1,164,605
Other assets 2,006,636 2,089,897
Total Current Assets 3,281,466 5,635,987
Plant and equipment, net 6,441,734 7,317,678
Other assets - equipment deposits 11,459,195
Financial asset at fair value through other comprehensive income 562,500
Intangible assets and goodwill 1,900,589
Right-of-use assets 1,444,927
Total Non-Current Assets 21,808,945 7,317,678
TOTAL ASSETS 25,090,411 12,953,665
Trade and other liabilities 2,424,717 3,589,164
Amounts due to related companies 247,406 237,674
Amount due to holding company 532,718
Lease liabilities 425,567
Derivative financial instruments 2,321,003
Convertible promissory notes 4,311,416
Total Current Liabilities 9,730,109 4,359,556
Lease liabilities 1,403,932
Derivative financial instruments 1,478,540
Deferred tax liabilities 13,668
Convertible promissory notes 2,196,049
Total Non-Current Liabilities 1,403,932 3,688,257
TOTAL LIABILITIES 11,134,041 8,047,813
NET CURRENT (LIABILTIES) / ASSETS (6,448,643) 1,276,431
NET ASSETS 13,956,370 4,905,852
Issued capital (no par value, 9,329,420 and 6,513,671 ordinary shares issued and outstanding as of December 31, 2021 and 2020, respectively) 48,144,406 32,089,997
Foreign currency translation reserve 762,348 883,878
Other reserves 62,500 2,704,452
Accumulated losses (37,169,358) (34,102,300)
TOTAL EQUITY $ 13,956,370 $ 4,905,852
Ordinary shares issued 9,329,420 6,513,671