Part 4: Financial Statements – HTML version

The Commonwealth has 100% of the equity interest of the Australian Institute of Family Studies (AIFS). The principal activity of AIFS is to promote understanding of factors affecting family stability and well-being in Australia, through the conduct, co-ordination and dissemination of research and other appropriate activities.

The Commonwealth has an interest in a property occupied by Yarra Community Housing located in Melbourne. The principal activity of the site is for the provision of community housing facilities. The Commonwealth owns 31% of the unimproved market value of the land. The equity in this property is secured by a deed of agreement between the Commonwealth and Yarra Community Housing Ltd, with the Commonwealth having a controlling interest over the use of the property.