2024-2025 Annual Report
Financial Summary

For the year ended 30 June 2025, Unison delivered an operating surplus of $2.5 million.
Operating income increases are primarily attributable to the financial impact of the delivery of 50 new properties for the Make Room project, impacts of higher rents and improved vacancy rates, offset by the finalisation of the NRAS program. Operating expense increases relate to higher staffing levels required to deliver the strategy, higher bad debt write-offs, increased responsive maintenance and investment in maintaining our buildings.
Download Consolidated Financial ReportOperating Income FY2024-25

Rental income
$24,786,009
62.86%
Grant income
$12,399,339
31.45%
Management income
$1,983,633
5.03%
Other revenue
$258,748
0.66%
Total
$39,427,729
Operating Expenses FY2024-25

Staff expenses
$14,414,810
39.07%
Housing program expenses
$14,803,166
40.12%
Organisational operating expenses
$4,465,371
12.10%
Brokerage program expenses
$2,523,744
6.84%
Bad & doubtful debts
$ 691,516
1.87%