| Trade and Other Receivables |
3. Trade and Other Receivables | | | Unaudited
December 31,
2025 | | | Audited June 30,
2025 | | | | | AUD$ | | | AUD$ | | | Trade receivables- Related parties (Note20) | | | 111,503 | | | | 44,387 | | | Trade receivables, net (1) | | | 5,054,894 | | | | 5,285,794 | | | Total current trade and other receivables | | | 5,166,397 | | | | 5,330,181 | | | (1) | Trade receivables are presented net of expected net credit loss of AUD$169,148 and AUD$169,148 on December 31, 2025 and June 30, 2025, respectively. | The carrying value of trade receivables is considered a reasonable approximation of fair value due to the short-term nature of the balances. The maximum exposure to credit risk at the reporting date is the fair value of each class of receivable in the financial statements. The table below presents the expected credit losses on trade receivables for the six months ended December 31, 2025: | | | Unaudited | | | | | Current
sales | | | 30 days | | | 60 days | | | 90 days
and older | | | Total | | | Balance as at reporting date | | $ | 3,997,559 | | | $ | 706,283 | | | $ | 206,030 | | | $ | 314,170 | | | $ | 5,224,042 | | | Expected loss rate | | | 2.19 | % | | | 5.50 | % | | | 8.25 | % | | | 8.16 | % | | | | | | ECL allowance | | $ | 87,669 | | | $ | 38,846 | | | $ | 16,997 | | | $ | 25,636 | | | $ | 169,148 | | The table below presents the expected credit losses on trade receivables for the year ended June 30, 2025: | | | Current
sales | | | 30 days | | | 60 days | | | 90 days | | | Total | | | Balance as at reporting date | | $ | 4,145,657 | | | $ | 763,313 | | | $ | 263,838 | | | $ | 282,135 | | | $ | 5,454,943 | | | Expected loss rate | | | 1.94 | % | | | 5.5 | % | | | 8.25 | % | | | 8.16 | % | | | | | | ECL allowance | | $ | 82,377 | | | $ | 41,982 | | | $ | 21,767 | | | $ | 23,022 | | | $ | 169,148 | |
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