criteria in both their corporate plans and in any Portfolio Budget Statement, Portfolio Additional Estimates Statement or other portfolio estimates statement. The requirements for annual performance statements are designed to provide a consistent approach to performance reporting. The statements consolidate relevant performance. The aims are to improve the readability of this information and to provide a clear line of sight between planned performance for the reporting period as outlined in the corporate plan, Portfolio Budget Statements and Portfolio Additional Estimates Statements of an entity over the reporting period. Under previous arrangements, entities’ reporting of performance, through the publication of annual reports, varied significantly in quality and structure. This has limited the ability to clearly ascertain the scope, nature and success of an entity’s performance and to what extent the entity has achieved its purposes. It is fundamental to the objectives of the PGPA Act that the presentation of entities’ performance to the public and the parliament is meaningful and improves public accountability. The annual performance statements replace the previous annual report non-financial performance reporting requirements (for non-corporate Commonwealth entities) creating a clear, concise and consistent approach to performance reporting across all Commonwealth entities. It is understood that the development of improved performance information and reporting frameworks will evolve over the initial reporting cycles under the new arrangements. To help entities assess their progress Finance has published a performance maturity model (provided at Appendix A). Portfolio Budget Statements The majority of Commonwealth non-corporate and corporate entities receive some level of appropriation funding. As a result, key strategic information relevant to entities appears in their responsible Minister’s Portfolio Budget Statements that accompany the annual Appropriation Acts. Portfolio Budget Statements are publications presented to parliament by the responsible portfolio minister. They describe, at a strategic what is intended to be achieved with money appropriated by parliament. The Portfolio Budget Statements explain the estimates for the purposes of the Budget Appropriation Bills and informs Senators and Members of Parliament of changes in the proposed allocation of resources to entities within the portfolio. The Portfolio Budget Statements are formal ministerial documents. Together with the Budget Papers, Portfolio Budget Statements they represent a package of documents tabled in Parliament on Budget night, which explain the Government’s budget decisions.
criteria in both their corporate plans and in any Portfolio Budget Statement, Portfolio Additional Estimates Statement or other portfolio estimates statement. The requirements for annual performance statements are designed to provide a consistent approach to performance reporting. The statements consolidate relevant performance. The aims are to improve the readability of this information and to provide a clear line of sight between planned performance for the reporting period as outlined in the corporate plan, Portfolio Budget Statements and Portfolio Additional Estimates Statements of an entity over the reporting period. Under previous arrangements, entities’ reporting of performance, through the publication of annual reports, varied significantly in quality and structure. This has limited the ability to clearly ascertain the scope, nature and success of an entity’s performance and to what extent the entity has achieved its purposes. It is fundamental to the objectives of the PGPA Act that the presentation of entities’ performance to the public and the parliament is meaningful and improves public accountability. The annual performance statements replace the previous annual report non-financial performance reporting requirements (for non-corporate Commonwealth entities) creating a clear, concise and consistent approach to performance reporting across all Commonwealth entities. It is understood that the development of improved performance information and reporting frameworks will evolve over the initial reporting cycles under the new arrangements. To help entities assess their progress Finance has published a performance maturity model (provided at Appendix A). Portfolio Budget Statements The majority of Commonwealth non-corporate and corporate entities receive some level of appropriation funding. As a result, key strategic information relevant to entities appears in their responsible Minister’s Portfolio Budget Statements that accompany the annual Appropriation Acts. Portfolio Budget Statements are publications presented to parliament by the responsible portfolio minister. They describe, at a strategic what is intended to be achieved with money appropriated by parliament. The Portfolio Budget Statements explain the estimates for the purposes of the Budget Appropriation Bills and informs Senators and Members of Parliament of changes in the proposed allocation of resources to entities within the portfolio. The Portfolio Budget Statements are formal ministerial documents. Together with the Budget Papers, Portfolio Budget Statements they represent a package of documents tabled in Parliament on Budget night, which explain the Government’s budget decisions.
RMG-134_Annual_performance_statements_for_Commonwealth_entities_Jul_17.docx