The compensation funding cuts came despite a rise in interim profit from $US156.1 million to $US190 million — or 22 per cent — over the year, and operating cash flow increasing 160 per cent.
Earlier this year the New South Wales Government stepped in to extend further credit to AICF, after it said it was facing a $184 million shortfall in funding by 2017 and was proposing to move to an instalment scheme to help cover the gap.