ACT financial update

Membership subscriptions account for the current strong financial position and as the year progresses.

The ACT Division's financial position is on track for another good result in 2014. The current financial position is as follows:

Revenue $130,262
Expenses $54,750
Profit $75,512

Budget (Full Year to 31 December 2014):

Revenue $218,315
Expenses $214,183
Profit $4132

Membership subscriptions account for the current strong financial position and as the year progresses, the results will be more in line with the budget.

An informative and interesting CPD program is planned for 2014 and membership numbers are currently steady.