NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2004

Deposits from client authorities and unallocated borrowings are invested in a range of instruments as follows:

		2003-04 A$’000		2002-03 A$’000
Domestic
Securities – Government		320,960		324,541
Banks and Financial Institutions		672,567		517,667
Bills and Other Securities		1,369,535		1,063,681
Overseas
Bills and Other Securities		287,371		278,428
Total Investments		2,650,433		2,184,317

Investments

		2003-04 A$’000		2002-03 A$’000
Period to Maturity
At Call		13,163		297,779
<3 months		1,073,058		483,321
3 to < 6 months		63,230		5,368
6 to < 12 months		67,305		99,700
1 to < 2 years		291,624		118,424
2 to < 5 years		820,143		807,214
Over 5 years		374,520		424,371
		2,703,043		2,236,177
Unamortised Premium/(Discount)		(52,610)		(51,860)
Total		2,650,433		2,184,317