department 2016-17 of housing annual report · department of housing aa ept 2016˜17 2responsible...

DEPARTMENT OF HOUSING2016-17

ANNUAL REPORT

Government of Western AustraliaDepartment of Housing

DEPARTMENT OF HOUSING ANNUAL REPORT 2016-17 1

Hon. Peter Tinley AM MLA Minister for Housing

For the year ended 30 June 2017In accordance with sections 63 and 68 of the Financial Management Act 2006, I hereby submit for your information and presentation to Parliament, the Final Report of the Department of Housing for the financial year ending 30 June 2017.

The Final Report has been prepared in accordance with the provisions of the Financial Management Act 2006.

Lorne O’Mara Reporting Officer 24 August 2017

Statement of Compliance


Responsible MinisterThe Department of Housing (the Department) is responsible to the Hon. Peter Tinley AM MLA, Minister for Housing.

About the DepartmentThe Department was established under the Public Sector Management Act 1994. It began as the Department of Housing and Works during the early 2000s. It was designated as the Department of Housing under section 35(1) Public Sector Management Act 1994, effective from 1 February 2009, following the transfer of the ‘Works’ function to the Finance portfolio.

The Department sits within the Housing portfolio. The portfolio also includes:

■ the Housing Authority, established under the Housing Act 1980. The Housing Authority also performs portfolio functions under the Government Employees’ Housing Act 1964

■ the Keystart Housing Scheme. Keystart is a wholly-owned State enterprise with the Chief Executive Officer of the Housing Authority as its sole shareholder

■ The Country Housing Authority established under the Country Housing Act 1998. The Authority is administered through Keystart.

Under the Housing Act 1980, the Housing Authority performs the primary functions of the portfolio including:

■ Rental of social housing

■ Rental of government officer’s housing in regional areas

■ Residential land development

■ Housing construction and improvement

■ Residential mortgage lending (via Keystart).

Details are provided in the Housing Authority’s Annual Report, which is available on its website.

On 28 April 2017 the Premier announced the amalgamation of government agencies to be effective from 1 July 2017. The Housing Authority’s functions are subsumed into the new Department of Communities and the Department of Housing was abolished on 30 June 2017.

This is the final report for the Department.

Overview


Director GeneralThe positions of Director General of the Department and Chief Executive Officer of the Housing Authority were held by the same officer. Both positions reported to the Minister for Housing and could provide advice to, and receive instructions or directions from, the Minister.

Paul Whyte Acting Director General

Paul commenced the role of Acting Chief Executive Officer for the Authority in March 2015 and remained in the role throughout 2016-17. Concurrently, he held the role of Acting Director General of the Department of Housing. Before joining the Authority in September 2009, he was acting Chief Executive Officer at Landgate and held the permanent position of Executive Director, Business Development.

Prior to joining Landgate in 2001, Paul was a member of the Valuer General’s Office Corporate Executive, and Policy Adviser to the Western Australian Treasury Corporation. In the private sector, Paul has been managing director of a number of successful established and start-up businesses. Paul holds a Bachelor of Commerce and Master of Business Administration, and is a Certified Practising Accountant. He is a member of the Western Australian Planning Commission, City of Perth Planning Committee, Government Council for Family and Domestic Violence, Aboriginal Affairs Coordinating Committee and the Strategic Regional Advisory Council supporting the Regional Services Reform Unit. Paul Whyte, Acting Director General


The Department did not receive an appropriation within the State Budget. The Department did not conduct any operational or financial activities for this financial year.

The Annual Report of the Housing Authority reports on the performance for the year and activities performed under the Housing Act 1980 and the Government Employees’ Housing Act 1964.

Report on OperationsNil.

There has been no change in the activities of the Department during the financial year.

Agency Performance

Significant Trends and Issues


Ministerial DirectivesNil

Performance IndicatorsNil.

Other Financial DisclosuresNil.

Employment and Industrial RelationsNil.

Governance DisclosuresNil.

Other Legal RequirementsNil.

Government Policy RequirementsNil.

Disclosures and Legal Compliance


Auditor General’s Opinion


Financial StatementsFinancial Statements for the year ended 30 June 2017

Certification of Financial StatementsThe accompanying financial statements of the Department of Housing have been prepared in compliance with the provisions of the Financial Management Act 2006 from proper accounts and records to present fairly the financial transactions for the financial year ending 30 June 2017 and the financial position as at 30 June 2017.

At the date of signing I am not aware of any circumstances which would render the particulars included in the financial statements misleading or inaccurate.

Lorne O’Mara Reporting Officer 1 August 2017


DEP

ARTM

ENT

OF

HO

USI

NG

STAT

EMEN

T O

F C

OM

PREH

ENSI

VE IN

CO

ME

FOR

TH

E YE

AR E

ND

ED 3

0 JU

NE

2017

Not

e20

1720

16$0

00$0

00

CO

ST O

F SE

RVI

CES

Expe

nses

Supp

lies

and

serv

ices

--

Empl

oyee

ben

efits

exp

ense

s-

-G

rant

s an

d Su

bsid

ies

--

Dep

reci

atio

n an

d am

ortis

atio

n ex

pens

e-

-Ac

com

mod

atio

n ex

pens

es-

-O

ther

exp

ense

s-

-To

tal c

ost o

f ser

vice

s-

-

Inco

me

Rev

enue

Use

r cha

rges

and

fees

--

Com

mon

wea

lth g

rant

s an

d co

ntrib

utio

ns-

-O

ther

reve

nue

--

Tota

l rev

enue

--

Tota

l inc

ome

othe

r tha

n in

com

e fr

om S

tate

Gov

ernm

ent

--

NET

CO

ST O

F SE

RVI

CES

--

INC

OM

E FR

OM

STA

TE G

OVE

RN

MEN

TSe

rvic

e ap

prop

riatio

n-

-R

esou

rces

rece

ived

free

of c

harg

e-

-

Tota

l inc

ome

from

Sta

te G

over

nmen

t-

-

SUR

PLU

S FO

R T

HE

PER

IOD

--


DEP

ARTM

ENT

OF

HO

USI

NG

STAT

EMEN

T O

F FI

NAN

CIA

L PO

SITI

ON

AS A

T 30

JU

NE

2017

Not

e20

1720

16$0

00$0

00

ASSE

TSC

urre

nt A

sset

s

Cas

h an

d ca

sh e

quiv

alen

ts-

-R

estri

cted

cas

h an

d ca

sh e

quiv

alen

ts-

-R

ecei

vabl

es-

-In

vent

orie

s-

-Am

ount

s re

ceiv

able

for s

ervi

ces

--

Tota

l Cur

rent

Ass

ets

--

Non

-Cur

rent

Ass

ets

Res

trict

ed c

ash

and

cash

equ

ival

ents

--

Amou

nts

rece

ivab

le fo

r ser

vice

s-

-Pr

oper

ty, p

lant

and

equ

ipm

ent

--

Inta

ngib

le a

sset

s-

-To

tal N

on-C

urre

nt A

sset

s-

-

TOTA

L AS

SETS

--

LIAB

ILIT

IES

Cur

rent

Lia

bilit

ies

Paya

bles

--

Prov

isio

ns-

-O

ther

pay

able

s-

-To

tal C

urre

nt L

iabi

litie

s-

-

Non

-Cur

rent

Lia

bilit

ies

Prov

isio

ns-

-Le

ase

ince

ntiv

e-

-To

tal N

on-C

urre

nt L

iabi

litie

s-

-

Tota

l Lia

bilit

ies

--

NET

ASS

ETS

--

EQU

ITY

Con

tribu

ted

equi

ty-

-R

eser

ves

--

Accu

mul

ated

sur

plus

--

TOTA

L EQ

UIT

Y-

-

TOTA

L LI

ABIL

ITIE

S AN

D E

QU

ITY

--


DEP

ARTM

ENT

OF

HO

USI

NG

STAT

EMEN

T O

F C

HAN

GES

IN E

QU

ITY

FOR

TH

E YE

AR E

ND

ED 3

0 JU

NE

2017

Not

e20

1720

16$0

00$0

00

Bal

ance

of e

quity

at s

tart

of p

erio

d-

-

CO

NTR

IBU

TED

EQ

UIT

YBa

lanc

e at

sta

rt of

per

iod

--

Con

tribu

tion

by O

wne

rs-

-C

apita

l con

tribu

tion

--

Bala

nce

at e

nd o

f per

iod

--

RES

ERVE

SAs

set r

eval

uatio

n re

serv

eBa

lanc

e at

sta

rt of

per

iod

--

Gai

ns fr

om a

sset

reva

luat

ion

--

Bala

nce

at e

nd o

f per

iod

--

ACC

UM

ULA

TED

SU

RPL

US

Bala

nce

at s

tart

of p

erio

d-

-Su

rplu

s fo

r the

per

iod

--

Bala

nce

at e

nd o

f per

iod

--

Bal

ance

of e

quity

at e

nd o

f per

iod

--

Tota

l inc

ome

and

expe

nse

for t

he p

erio

d -

-


DEP

ARTM

ENT

OF

HO

USI

NG

STAT

EMEN

T O

F C

ASH

FLO

WS

FOR

TH

E YE

AR E

ND

ED 3

0 JU

NE

2017

Not

e20

1720

16$0

00$0

00

CAS

H F

LOW

S FR

OM

STA

TE G

OVE

RN

MEN

TSe

rvic

e ap

prop

riatio

n-

-C

apita

l con

tribu

tions

--

Hol

ding

acc

ount

dra

wdo

wns

-

-R

ecei

pts

from

Tre

asur

er's

Adv

ance

--

Paym

ents

to T

reas

urer

's A

dvan

ce-

-N

et c

ash

prov

ided

by

Stat

e G

over

nmen

t-

-

Util

ised

as

follo

ws:

CAS

H F

LOW

S FR

OM

OPE

RAT

ING

AC

TIVI

TIES

Paym

ents

Empl

oyee

ben

efits

--

Supp

lies

and

serv

ices

--

Acco

mm

odat

ion

--

Gra

nts

and

subs

idie

s-

-G

ST p

aym

ents

on

purc

hase

s-

-O

ther

pay

men

ts-

-

Rec

eipt

sU

ser c

harg

es a

nd fe

es-

-G

ST re

ceip

ts o

n sa

les

--

Oth

er re

ceip

ts-

-N

et c

ash

(use

d in

) by

oper

atin

g ac

tiviti

es-

-

CAS

H F

LOW

S FR

OM

INVE

STIN

G A

CTI

VITI

ESPu

rcha

se o

f non

-cur

rent

phy

sica

l ass

ets

--

Net

cas

h us

ed in

inve

stin

g ac

tiviti

es-

-

Net

incr

ease

in c

ash

held

--

Cas

h an

d ca

sh e

quiv

alen

ts a

t the

beg

inni

ng o

f per

iod

--

--

TOTA

L C

ASH

AN

D C

ASH

EQ

UIV

ALEN

TS A

T TH

E EN

D O

F PE

RIO

D


DEP

ARTM

ENT

OF

HO

USI

NG

FIN

ANC

IAL

STAT

EMEN

TSFO

R T

HE

YEAR

EN

DED

30

JUN

E 20

17

The

Dep

artm

ent o

f Hou

sing

has

bee

n re

desi

gnat

ed a

s D

epar

tmen

t of H

ousi

ngun

der s

ectio

n 35

(1) P

ublic

Sec

tor M

anag

emen

t Act

. C

abin

et a

ppro

val o

ccur

red

on th

e15

Dec

embe

r 200

8 w

ith a

n ef

fect

ive

date

of 1

Feb

ruar

y 20

09.

Due

to th

e G

over

nmen

ts W

orks

Ref

orm

Pro

gram

the

Dep

artm

ent o

f Hou

sing

and

Wor

ksno

n-re

side

ntia

l bui

ldin

g pr

ogra

m w

as tr

ansf

erre

d to

the

Dep

artm

ent o

f Tre

asur

y an

dFi

nanc

e (D

TF),

effe

ctiv

e fro

m 1

Feb

ruar

y 20

09.

Ther

e is

no

activ

ity w

ithin

the

Dep

artm

ent o

f Hou

sing

for t

he fi

nanc

ial y

ear e

ndin

g 30

Jun

e 20

17.

1.Au

stra

lian

equi

vale

nts

to In

tern

atio

nal F

inan

cial

Rep

ortin

g St

anda

rds

The

Dep

artm

ent's

fina

ncia

l sta

tem

ents

for t

he y

ear e

nded

30

June

201

7 ha

ve b

een

prep

ared

in a

ccor

danc

e w

ith A

ustra

lian

equi

vale

nt to

Inte

rnat

iona

l Fin

anci

al R

epor

ting

Stan

dard

s (A

IFR

S), w

hich

com

pris

e a

Fram

ewor

k fo

r the

Pre

para

tion

and

Pres

enta

tion

of F

inan

cial

Sta

tem

ents

(the

Fra

mew

ork)

and

Aus

tralia

n Ac

coun

ting

Stan

dard

s(in

clud

ing

the

Aust

ralia

n Ac

coun

ting

Inte

rpre

tatio

ns),

as m

odifi

ed b

y ap

plic

able

Trea

sure

r's in

stru

ctio

ns.

See

note

2(a

) 'G

ener

al S

tate

men

t'.

In p

repa

ring

thes

e fin

anci

al s

tate

men

ts th

e D

epar

tmen

t has

ado

pted

, whe

re re

leva

nt to

its o

pera

tions

, new

and

revi

sed

Stan

dard

s an

d In

terp

reta

tions

from

thei

r ope

rativ

e da

tes

as is

sued

by

the

AASB

and

form

erly

the

Urg

ent I

ssue

s G

roup

(UIG

)

Early

ado

ptio

n of

the

stan

dard

s

The

Dep

artm

ent c

anno

t ear

ly a

dopt

an

Aust

ralia

n Ac

coun

ting

Stan

dard

or A

ustra

lian

Acco

untin

g In

terp

reta

tions

unl

ess

spec

ifica

lly p

erm

itted

by

TI 1

101

'App

licat

ion

of

Aust

ralia

n Ac

coun

ting

Stan

dard

s an

d O

ther

Pro

noun

cem

ents

'. N

o St

anda

rds

and

Inte

rpre

tatio

ns th

at h

ave

been

issu

ed o

r am

ende

d bu

t are

not

yet

effe

ctiv

e ha

ve b

een

early

ado

pted

by

the

Dep

artm

ent f

or th

e an

nual

repo

rting

per

iod

ende

d 30

Jun

e 20

17.

2.Su

mm

ary

of s

igni

fican

t acc

ount

ing

polic

ies

(a)

Gen

eral

Sta

tem

ent

The

finan

cial

sta

tem

ents

con

stitu

te a

gen

eral

pur

pose

fina

ncia

l rep

ort,

whi

ch h

as b

een

prep

ared

in a

ccor

danc

e w

ith th

e Au

stra

lian

Acco

untin

g St

anda

rds,

the

Fram

ewor

k,St

atem

ents

of A

ccou

ntin

g C

once

pts

and

othe

r aut

horit

ativ

e pr

onou

ncem

ents

of t

heAu

stra

lian

Acco

untin

g St

anda

rds

Boar

d as

app

lied

by th

e Tr

easu

rer's

inst

ruct

ions

. Se

vera

l of t

hese

are

mod

ified

by

the

Trea

sure

r's in

stru

ctio

ns to

var

y ap

plic

atio

n,di

sclo

sure

, for

mat

and

wor

ding

.

The

Fina

ncia

l Man

agem

ent A

ct a

nd T

reas

urer

's in

stru

ctio

ns a

re le

gisl

ativ

e pr

ovis

ions

gove

rnin

g th

e pr

epar

atio

n of

fina

ncia

l sta

tem

ents

and

take

pre

cede

nce

over

the

Acco

untin

g St

anda

rds,

the

Fram

ewor

k, S

tate

men

ts o

f Acc

ount

ing

Con

cept

s an

d ot

her

auth

orita

tive

pron

ounc

emen

ts o

f the

Aus

tralia

n Ac

coun

ting

Stan

dard

s Bo

ard.

Whe

re m

odifi

catio

n is

requ

ired

and

has

a m

ater

ial o

r sig

nific

ant f

inan

cial

effe

ct u

pon

the

repo

rted

resu

lts, d

etai

ls o

f tha

t mod

ifica

tion

and

the

resu

lting

fina

ncia

l effe

ct a

redi

sclo

sed

in th

e no

tes

to th

e fin

anci

al s

tate

men

ts.

(b)

Bas

is o

f pre

para

tion

The

finan

cial

sta

tem

ents

hav

e be

en p

repa

red

on th

e ac

crua

l bas

is o

f acc

ount

ing

usin

g


the

hist

oric

al c

ost c

onve

ntio

n, m

odifi

ed b

y th

e re

valu

atio

n of

land

, bui

ldin

gs a

ndin

frast

ruct

ure

whi

ch h

ave

been

mea

sure

d at

fair

valu

e.

The

acco

untin

g po

licie

s ad

opte

d in

the

prep

arat

ion

of th

e fin

anci

al s

tate

men

ts h

ave

been

cons

iste

ntly

app

lied

thro

ugho

ut a

ll pe

riods

pre

sent

ed u

nles

s ot

herw

ise

stat

ed.

The

finan

cial

sta

tem

ents

are

pre

sent

ed in

Aus

tralia

n do

llars

and

all

valu

es a

re ro

unde

dto

the

near

est t

hous

and

dolla

rs ($

'000

)

The

judg

emen

ts th

at h

ave

been

mad

e in

the

proc

ess

of a

pply

ing

the

Dep

artm

ent's

acco

untin

g po

licie

s th

at h

ave

the

mos

t sig

nific

ant e

ffect

on

the

amou

nts

reco

gnis

ed in

the

finan

cial

sta

tem

ents

are

dis

clos

ed in

not

e 4

'Jud

gem

ents

mad

e by

man

agem

ent i

nap

plyi

ng a

ccou

ntin

g po

licie

s'.

(c)

Rep

ortin

g en

tity

The

repo

rting

ent

ity c

ompr

ises

the

Dep

artm

ent o

f Hou

sing

.

The

Dep

artm

ent a

dmin

iste

rs a

sset

s, li

abilit

ies,

inco

me

and

expe

nses

of b

ehal

f of

Gov

ernm

ent,

whi

ch a

re n

ot c

ontro

lled

by, n

or in

tegr

al to

the

func

tion

of th

e D

epar

tmen

t. Th

ese

adm

inis

tere

d ba

lanc

es a

nd tr

ansa

ctio

ns a

re n

ot re

cogn

ised

in th

e pr

inci

pal

finan

cial

sta

tem

ents

of t

he D

epar

tmen

t but

sch

edul

es a

re p

repa

red

usin

g th

e sa

me

basi

s as

the

finan

cial

sta

tem

ents

.

(d)

Con

trib

uted

Equ

ity

AASB

Inte

rpre

tatio

n 10

38 'C

ontri

butio

n by

Ow

ners

Mad

e to

Who

lly-O

wne

d Pu

blic

Sec

tor

Entit

ies'

requ

ires

trans

fers

, oth

er th

an a

s a

resu

lt of

a re

stru

ctur

e of

adm

inis

trativ

ear

rang

emen

ts, i

n th

e na

ture

of e

quity

con

tribu

tions

to b

e de

sign

ated

by

the

Gov

ernm

ent

(the

owne

r) as

con

tribu

tions

by

owne

rs (a

t the

tim

e of

, or p

rior t

o tra

nsfe

r) be

fore

suc

htra

nsfe

rs c

an b

e re

cogn

ised

as

equi

ty c

ontri

butio

ns.

Cap

ital c

ontri

butio

ns(a

ppro

pria

tions

) hav

e be

en d

esig

nate

d as

con

tribu

tions

by

owne

rs b

y Tr

easu

rer's

inst

ruct

ion

TI 9

55 'C

ontri

butio

ns b

y O

wne

rs m

ade

to W

holly

-Ow

ned

Publ

ic S

ecto

rEn

titie

s' a

nd h

ave

been

cre

dite

d di

rect

ly to

Con

tribu

ted

Equi

ty.

Tran

sfer

of n

et a

sset

s to

/from

oth

er a

genc

ies,

oth

er th

an a

s a

resu

lt of

a re

stru

ctur

eof

adm

inis

trativ

e ar

rang

emen

ts, a

re d

esig

nate

d as

con

tribu

tions

by

owne

rs w

here

the

trans

fers

are

non

-dis

cret

iona

ry a

nd n

on-re

cipr

ocal

.

Tran

sfer

of n

et a

sset

s to

/from

oth

er a

genc

ies

as a

resu

lt of

a re

stru

ctur

e of

adm

inis

trativ

e ar

rang

emen

ts, a

re to

be

acco

unte

d fo

r as

a di

strib

utio

n to

ow

ners

and

cont

ribut

ions

by

owne

rs re

spec

tivel

y.

3Su

bseq

uent

Eve

nts

The

Dep

artm

ent w

as a

bolis

hed

on 3

0 Ju

ne 2

017.

Copies of this document are available in alternative formats upon request.

99 Plain Street, East Perth, Western Australia 6004

08 9222 4666 [email protected] W www.housing.wa.gov.au

DEPARTMENT OF HOUSING2016-17ANNUAL REPORT

Government of Western AustraliaDepartment of Housing

department 2016-17 of housing annual report · department of housing aa ept 2016˜17 2responsible...

Documents