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RELATED PARTY TRANSACTIONS
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3 Months Ended | |
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Sep. 30, 2014
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| Related Party Transactions [Abstract] | ||
| Related Party Transactions Disclosure [Text Block] |
NOTE 8 – RELATED PARTY TRANSACTIONS Since inception, Propanc Health Group Corporation has conducted transactions with directors and director related entities. These transactions included the following: As of September 30, 2014 and June 30, 2014, the Company owed certain directors a total of $46,240 and $161,975 respectively, for money loaned to the Company throughout the years. The loan balance owed at September 30, 2014 was not interest bearing. As of September 30, 2014 and June 30 2014, the Company owed two directors a total of $17,108 and $60,350, respectively, related to expenses paid on behalf of the Company related to corporate startup costs and intellectual property. |