AASB S1 applies, where elected, to annual reporting periods that begin on or after 1 January 2025 (it may be applied earlier); an entity applying it early discloses that fact and applies AASB S2 at the same time. Initial application dates from the start of the first annual period the standard is applied in, and no comparatives are needed for that first period. The IFRS S1 reliefs for later publication and climate-first reporting (E4 to E6) are not available under AASB S1.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.