Note 17: Related party transactions
The Office is a wholly owned entity of the Crown.
Related party disclosures have not been made for transactions with related parties that are within a normal supplier or client relationship on terms and conditions no more or less favourable than those that it is reasonable to expect that the Office would have adopted in dealing with the party at arm's length in the same circumstances.
Key management personnel compensation
| Actual 2017/18 |
Actual 2016/17 |
|
|---|---|---|
| Key management personnel remuneration ($000) | 3,450 | 3,611 |
| Full-time equivalent key management personnel | 11 | 11.9 |
Key management personnel at 30 June 2018 comprised the Deputy Auditor-General and the 10 members of the OAG and Audit New Zealand Leadership Teams.