| Estimate $m | Actual $m | Variance $m | Variance Factor | Explanation |
|
|
|
| The end of financial year expenditure of $7.3m against a budget of $12.3m resulted in an end of financial year underspend of $4.9m, which is primarily due to lower payments than expected for Australian Industry work, better foreign exchange conditions than expected and lower payments for the USA Yearly Expenditure Program work. | |
| (2.0) | Overseas Industry | |||
| (2.9) | Local Industry | |||
|
| Brought Forward | |||
|
| Cost Savings | |||
|
| FOREX Variation | |||
|
| Commonwealth Delays | |||
| 12.2 | 7.3 | (4.9) | Total Variance |