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NOTE 31. KEY MANAGEMENT PERSONNEL DISCLOSURES
 12 Months Ended
Dec. 31, 2021
NOTE 31. KEY MANAGEMENT PERSONNEL DISCLOSURES

NOTE 31. KEY MANAGEMENT PERSONNEL DISCLOSURES

(a)       Remuneration

 

The total remuneration paid or payable to the directors and senior management of the Group during the year are as follows:

 

             
    Consolidated
    December 31,
2021
A$		   December 31,
2020
A$		   December 31,
2019
A$
Short-term employee benefits   1,929,914   1,586,604   1,645,794
Post-employment benefits   6,196   5,124   7,703
Total   1,936,110   1,591,728   1,653,497

 

During the year 2021, included in short term benefits for directors and officers included payments of A$561,758 (US$420,000) to a service companies owned by the then CFO for the provision of Chief Executive Officer and Chief Financial Officer services.

 

(b)       Loans to Key Management Personnel and their related parties

 

Save as disclosed in Note 29(d), there were no other loans outstanding at the reporting date to Key Management Personnel and their related parties.

 

Other transactions with Key Management Personnel

 

Several key management persons, or their related parties, held positions in other entities that resulted in them having control or significant influences over the financials or operating policies of these entities. Transactions between related parties are in normal commercial terms and conditions unless otherwise stated in Notes 18 and 29.

 

(c)       Share Options - number of share options held by management

 

There were no share options held outstanding held by the management.