Free "Am I Group 3?" tester

1. About the entity

Entity type

Must the entity prepare an annual financial report under Chapter 2M of the Corporations Act?

Yes No Unsure

Only entities that must prepare a Chapter 2M financial report can be required to prepare a sustainability report (s292A(1)(a); RG 280.48). A proprietary company that meets the size test below is treated as "Yes" (large proprietary company, s45A(3)).

When does your financial year end?

Is the entity a disclosing entity, RSE or registered scheme?

Yes No

Affects the lodgement deadline: 3 months after year end for these entities, 4 months for others (s319(3); RG 280.7).

2. Size (consolidated, at the end of the financial year)

Use figures for the entity plus the entities it controls (AASB 10). The test is applied at the end of the year (RG 280.34), so use forecasts for your first Group 3 year now and re-check at year end.

Consolidated revenue for the year (A$)

Consolidated gross assets at year end (A$)

Employees at year end (full-time equivalent)Count part-time employees as a fraction of full-time (s292A(4)).

3. Emissions (NGER) and funds

Is the entity a registered corporation under the NGER Act at year end?

Yes No Unsure

Is it required to apply for NGER registration for the year?

Yes No Unsure

Most mid-sized businesses are not NGER-registered. Confirm with the Clean Energy Regulator if unsure.

4. Threshold set Use the PROPOSED 2026–27 Budget thresholds proposed, not law
A$100m revenue and A$50m gross assets instead of A$50m and A$25m. Employees stay at 100. Treasury released a draft regulation for consultation on 19 October 2026 proposing that the higher thresholds apply from financial years starting on or after 1 July 2027 (Treasury consultation). It is a draft and not yet law. Plan on current law.