The 2006-07 total revenue of
$8.587 million is an increase of 3.2 per cent compared to the 2005-06 result,
reflecting the continued efforts to identify and register introducing entities.
The decrease in expenses was indirectly related to staff vacancies at senior levels for most of the year. This resulted in delays in commencing reform and operational projects, and further deferring the commencement of several other planned projects into the 2007-08 financial year.
Delays and deferment of these
projects has meant the associated administration expenses such as engaging
specialised contractors, printing and publishing reports were also deferred.
Additionally, expected Information Technology (IT) capital expenditure was also
deferred until 2007-08 pending the outcome of deferred operational reviews.
Appropriate resources were made available to maintain core functionality of
NICNAS Registration (including registration follow-up), chemical assessments,
and industry awareness and compliance programs.