Highlights

Bushfires response
In response to the devastating bushfires or 2019-20, the Commonwealth Government and Standards Australia jointly funded access for all Australians to AS 3959:2018, Construction of buildings in bushfire-prone areas.
COVID-19 coordination
To tackle shortages of vital PPE equipment, such as masks, surgical gowns and hands sanitisers, Standards Australia played a vital role assisting manufacturers in quickly retooling to meet demand.
 
Distribution and Licensing
After regaining distribution and licensing rights, we launched the Standards Australia Webstore. In addition, we launched a D&L policy framework to encourage competition and innovative ideas.
 

By the numbers

Stakeholders
Participating Members Members 5,816
Nominating Organisations 2,937
Active Technical Committees 371
Active Subcommittees 421
Active Working Groups 368 
International Participation
  ISO IEC JTC 1
Participating 262 84 13
Secretariats 22 2 1
Observing 82 42 2
Production
 Australian Standards  287
 Amendments 57 
 Handbooks 3
Supplements 1
Technical Specifications 12
Technical Reports 11
Rulings 1

Financial result

2020
$'000
2019
$'000
Operations    

Revenues

40,309

18,314

Expenses

(33,279) (29,658)
Operations Surplus/(Deficit) 7,030

(11,344)

     

Investments

   
Managed Funds distribution and interest 14,657 18,163
Net Profit (Reported P&L) 21,687

6,819

     
Other Non-Operating Income    
Other income 27

10,024

Net Gain/Loss on Investments designated as fair value through profit and loss (25,841) 2,099

Total Comprehensive Income

(4,127) 18,942