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A related party transaction is a transfer of resources, services or obligations between a reporting entity and a related party, regardless of whether a price is …

Close members of the family of a person are those family members who may be expected to influence, or be influenced by, that person in their dealings with the entity and include: (a) that person’s children and spouse or domestic partner; (b) children of …

Compensation includes all employee benefits (as defined in AASB 119 Employee Benefits ) including employee benefits to which AASB 2 Share-based Payment applies. Employee benefits are all forms of consideration paid, payable or provided by the entity, or …

Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including any director (whether executive or otherwise) of that …

Government refers to government, government agencies and similar bodies whether local, national or international. …

A government-related entity is an entity that is controlled, jointly controlled or significantly influenced by a government. …

The terms ‘control’ and ‘investment entity’, ‘joint control’ and ‘significant influence’ are defined in AASB 10 Consolidated Financial Statements , AASB 11 Joint Arrangements and AASB 128 Investments in Associates and Joint Ventures respectively and are …

Benefits the superannuation entity is presently obliged to transfer to members or their beneficiaries in the future as a result of membership up to the end of the reporting …

An entity that is an approved deposit fund within the meaning of section 10 of the Superannuation Industry (Supervision) Act 1993 …

A member whose benefits are specified, or are determined, at least in part, by reference to a formula based on their years of membership and/or salary level. Members identified as defined benefit members based on the definition in this Standard are not …