The PAES facilitate understanding of the proposed appropriations in Appropriation Bills (No. 3 and No. As such, the PAES provides information on new measures and their impact on the financial and non-financial planned performance of agencies. While the PAES include an Agency Resource Statement to inform Parliament of the revised estimate of the total resources available to an agency, the focus of the PAES is on explaining the changes in resourcing since the Budget. The purpose of the Portfolio Additional Estimates Statements (PAES) is to inform Senators and Members of Parliament and the public of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. Portfolio Additional Estimates Statements Department of the Parliamentary Budget Office.Department of the House of Representatives.Infrastructure and Regional Development Portfolio.Industry, Innovation and Science Portfolio.Immigration and Border Protection Portfolio.Agriculture & Water Resources Portfolio.
The following Australian Government Agencies' held their Portfolio Budget Statements on their websites at the time of release. The PBS provides information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills.Īs required under section 12 of the Charter of Budget Honesty Act 1998, non-general government sector entities are not consolidated into the Commonwealth general government sector fiscal estimates and accordingly, these entities are not reported in the PBS. In this sense the PBS are Budget related papers and are declared by the Appropriation Bills to be 'relevant documents' to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901. Agencies receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources.Ī key role of the PBS is to facilitate the understanding of proposed annual appropriations in Appropriation Bills No. The purpose of the Portfolio Budget Statements (PBS) is to inform Senators and Members of Parliament of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. Supply (Parliamentary Departments) Bill (No.
2) 2016-2017Įxplanatory Memorandum - Appropriation (Parliamentary Departments) Bill (No. 1) 2016-2017Įxplanatory Memorandum - Appropriation Bill (No.
Improve integrity of transition to retirement income streamsĪppropriation (Parliamentary Departments) Bill (No. Improving access to concessional contributionsĪllowing catch‑up concessional contributionsĮnhancing choice in retirement income products Supporting Australians to save for their retirement by introducing the Low Income Superannuation Tax Offset Reforming the taxation of concessional contributionsĪnnual non‑concessional contributions cap Introducing a $1.6 million transfer balance cap Super Fact Sheets (Consolidated download)Ī superannuation system that is sustainable, flexible and has integrity Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software.īudget Paper 1: Budget Strategy and Outlookīudget Paper 3: Australia's Federal Relations Historical Budget documents are available for reference purposes.
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