| Estimate $m | Actual $m | Variance $m | Variance Factor | Explanation |
|
|
|
| The end of financial year expenditure of $19.7m against a budget of $21.7m resulted in a underspend of $2m. The underspend was due to lower than expected payments for Australian Industry work and favourable foreign exchange rates. | |
|
| Overseas Industry | |||
| (1.9) | Local Industry | |||
|
| Brought Forward | |||
|
| Cost Savings | |||
| (0.1) | FOREX Variation | |||
|
| Commonwealth Delays | |||
| 21.7 | 19.7 | (2.0) | Total Variance |