Reserve Bank of Australia Annual Report – 2014 Financial Statements Note 13 – Auditor's Remuneration

2014 $ 2013 $
Fees paid or payable to the statutory auditor (Australian National Audit Office)
for audit services
412,272 416,500

In 2013/14, KPMG was contracted by the Australian National Audit Office (ANAO) to provide audit services in relation to the audit of the RBA. This includes audit services for NPA and the Reserve Bank of Australia Officers' Superannuation Fund. PricewaterhouseCoopers provided these services to the ANAO in 2012/13.

During 2013/14, KPMG earned additional fees of $538,827 for non-audit services that were separately contracted by the RBA. A significant proportion of these fees was for services commissioned before the ANAO appointed KPMG to the RBA's audit. In 2012/13, PricewaterhouseCoopers earned additional fees of $609,680 for non-audit services that were also separately contracted by the RBA.

These fees are included in Consultants' fees, legal fees and payments to contractors in Note 2.