It looks like location services are turned off. Enable location services in your settings to use your current location, or type your address in the search bar.
Back to search
List view
Gathering Online
Service Times and Information
Free Parking
Close To Public Transport
Wheelchair Accessible
Parents Room

Clarification on Media Reports Re: Hillsong Australia 2020 Annual Report

Feb 3 2022

Désolé, cet article est seulement disponible en Anglais Américain. Pour le confort de l’utilisateur, le contenu est affiché ci-dessous dans une autre langue. Vous pouvez cliquer le lien pour changer de langue active.

On February 2 and 3 there were a few media reports that mentioned the Hillsong Australia 2020 Annual Report, which is available on our website, and focused on a section that referred to “forgiveness of related party loans”. To avoid any misinterpretation of the facts, we would like to provide clarification as follows:

The Hillsong Church 2020 Annual Report included information about the forgiveness of a loan to a related party. This loan simply represented funds transferred between Australian Hillsong charitable entities, not a loan to any external party or individual, for the upkeep of the Hillsong Church facilities in Mt Gravatt, Brisbane.

Distributing funds to entities within an organizational network is a common accounting practice for charities. It is also standard practice to forgive an internal loan between two entities within a group if it is determined that repayment is unnecessary.

Hillsong Church abides by the requirements set by the Australian Charities and Not-for-Profits Commission (ACNC) to ensure charitable funds are only used for charitable purposes and are not distributed for any individual’s benefit. Hillsong’s financials statements, including related party disclosures, have been audited by the highly-respected independent audit firm, Ernst & Young.