Equity - Reserves

12 Months Ended

Dec. 31, 2024

Equity - Reserves [Abstract]

Equity - reserves

Note 22. Equity - reserves

	Consolidated
	As of December 31,			As of December 31,			As of December 31,
	2024			2023			2022
	$			$			$
Foreign currency reserve		(2,162,530	)		(2,054,228	)		(1,632,532	)
Re-measurements of defined benefit plans reserve		(72,826	)		(90,686	)		(96,953	)
		(2,235,356	)		(2,144,914	)		(1,729,485	)

Foreign currency reserve

The reserve is used to recognise exchange differences arising from the translation of the financial statements of foreign operations to Australian dollars.

Re-measurements of defined benefit plans reserves

The reserve is used for remeasurements comprising actuarial gains and losses on the net defined benefit liability.

Movements in reserves

Movements in each class of reserve during the current and previous financial year are set out below:

	Re-measurement of defined benefit plans			Foreign currency
	reserve			reserve			Total
Consolidated	$			$			$
Balance at January 1, 2022		(369,811	)		(858,881	)		(1,228,692	)
Re-measurement of defined benefit plans		272,858			-			272,858
Re-allocation between accumulated losses and foreign currency reserve		-			(653,063	)		(653,063	)
Translation adjustment due to change in presentation currency		-			(120,588	)		(120,588	)
Balance at December 31, 2022		(96,953	)		(1,632,532	)		(1,729,485	)
Re-measurement of defined benefit plans		6,267			-			6,267
Re-allocation between accumulated losses and foreign currency reserve		-			(332,597	)		(332,597	)
Translation adjustment due to change in presentation currency		-			(89,099	)		(89,099	)
Balance at December 31, 2023		(90,686	)		(2,054,228	)		(2,144,914	)
Re-measurement of defined benefit plans		17,860			-			17,860
Re-allocation between accumulated losses and foreign currency reserve		-			(108,302	)		(108,302	)
Balance at December 31, 2024		(72,826	)		(2,162,530	)		(2,235,356	)