201112 201213 201314 201314 201415 Performance Measures Actual Actual Estimate Actual Budget Quantity Capacity to provide policy advice and services $4.37M $4.18M1 $4.18M2 $3.80M $3.96M on superannuation Quality Benefits processed 1 453 1 771 1 602 1 590 1 800 Number of NTGPASS and NTSSS lost member 3 984 3 597 3 460 3 297 3 400 accounts Seminars held 15 10 17 17 17 Stakeholder satisfaction survey rating Stakeholders3 5 5 5 5 5 ≥ ≥ Treasurer n/a 6 5 4 5 ≥ ≥ 1 2012-13 actual adjusted from $5.14 million to $4.18 million due to introduction of Corporate and Governance Output Performance allocation. 2 2013-14 estimate adjusted from $4.13 million to $4.18 million due to introduction of Corporate and Governance Output Performance allocation. 3 Stakeholders are the superannuation scheme members and associated boards. 5: NTTC Business Line Performance Previous Current Year Target 201112 201213 201314 201314 201415 Performance Measures Actual Actual Estimate Actual Budget Quantity Weighted average cost of borrowings during the 4.86% 4.01% 5.00% 4.23% 5.50% year Quality Borrowing rate margin compared to industry + 0.38% + 0.38% 0.50% + 0.38% 0.50% ≤ ≤ peers1 Investment portfolio return above benchmark2 + 0.32% + 0.36% ± 0.25% + 0.28% ± 0.25% Stakeholder satisfaction survey rating Stakeholders3 n/a 5 5 5 5 ≥ ≥ Treasurer n/a 6 5 5 5 ≥ ≥ 1 State and territory governments’ central financing authorities. 2 The benchmark is the weighted relevant UBS Warburg Performance indices. The composite benchmark return for 201314 was 2.69 per cent while NTTC achieved a return of 2.97 per cent. 3 A stakeholder satisfaction rating is obtained from government owned business divisions, the government owned corporation and local government authorities.
Performance Measures 201112 Actual 201213 Actual 201314 Estimate 201314 Actual 201415 Budget Quantity Capacity to provide policy advice and services on superannuation $4.37M $4.18M1 $4.18M2 $3.80M $3.96M Quality Benefits processed 1 453 1 771 1 602 1 590 1 800 Number of NTGPASS and NTSSS lost member accounts 3 984 3 597 3 460 3 297 3 400 Seminars held 15 10 17 17 17 Stakeholder satisfaction survey rating Stakeholders3 5 5 ≥ 5 5 ≥ 5 Treasurer n/a 6 ≥ 5 4 ≥ 5 1 2012-13 actual adjusted from $5.14 million to $4.18 million due to introduction of Corporate and Governance Output Performance allocation. 2 2013-14 estimate adjusted from $4.13 million to $4.18 million due to introduction of Corporate and Governance Output Performance allocation. 3 Stakeholders are the superannuation scheme members and associated boards. 5: NTTC Business Line Performance Previous Current Year Target Performance Measures 201112 Actual 201213 Actual 201314 Estimate 201314 Actual 201415 Budget Quantity Weighted average cost of borrowings during the year 4.86% 4.01% 5.00% 4.23% 5.50% Quality Borrowing rate margin compared to industry peers1 + 0.38% + 0.38% ≤ 0.50% + 0.38% ≤ 0.50% Investment portfolio return above benchmark2 + 0.32% + 0.36% ± 0.25% + 0.28% ± 0.25% Stakeholder satisfaction survey rating Stakeholders3 n/a 5 ≥ 5 5 ≥ 5 Treasurer n/a 6 ≥ 5 5 ≥ 5 1 State and territory governments’ central financing authorities. 2 The benchmark is the weighted relevant UBS Warburg Performance indices. The composite benchmark return for 201314 was 2.69 per cent while NTTC achieved a return of 2.97 per cent. 3 A stakeholder satisfaction rating is obtained from government owned business divisions, the government owned corporation and local government authorities.
AR-DTF-1314.docx