AASB 101 indicates that when presenting a statement of financial position, an entity should:

present all assets and liabilities as two groups and disclose their specific classifications in notes as per paragraphs 57-67.

only present items on the basis of liquidity if that information is reliable and more relevant. If this is the case, assets should be discretely grouped into current and non-current classifications.

present items broadly in order of liquidity if that information is reliable and more relevant than following paragraphs 66-76.

always classify items as current and non-current.