Department of the Treasury

Date

Section 1: Agency overview and resources

1.1 Strategic direction statement

The mission of the Department of the Treasury (the Treasury) is to improve the wellbeing of the Australian people by providing sound and timely advice to the Government, based on objective and thorough analysis of options, and by assisting Treasury ministers in the administration of their responsibilities and the administration of government decisions.

The Australian economy is forecast to grow at a solid rate, close to trend in 2013‑14 and increasing in 2014‑15 to trend growth. The economy is expected to continue to outperform most other advanced economies over the forecast period.

Global financial market sentiment has improved noticeably since late 2012, although global economic conditions remain challenging, particularly in the major advanced economies. World growth continues to be driven by emerging market economies, with the weight of economic activity increasingly shifting towards Asia.

The Australian economy continues to benefit from this shift. Strong demand from Asia has underpinned Australia's economic growth, supporting historically high commodity prices. Resources investment is expected to reach record levels in 2013‑14, driving new business investment as a share of GDP to the highest level on record. Growth over the forecast period will increasingly be supported by rising export volumes and rising investment outside the resources sector. For example, strong growth in emerging Asia will create opportunities for Australia's services sector.

A continuing focus for the Treasury will be key risks facing the global economy, including any re‑escalation of the crisis in the euro area, uncertainty over fiscal policy in the United States and the potential for oil price shocks. Particular focus will be on assessing the implications for Australia of economic developments in China and other emerging Asian countries, and broadening and deepening regional engagement.

Australia's G20 Presidency in 2014 will allow us to help shape the international economic agenda. The G20 is the world's pre‑eminent forum for global economic cooperation. It accounts for some 85 per cent of global GDP, and all of Australia's major trading and investment partners. In the lead up to 2014, the Treasury will boost bilateral engagement and multilateral outreach in order to advocate for Australia's values and interests. In 2013 and 2014, Australia will continue to support the G20's focus on growth and jobs, financing for investment (including infrastructure), and International Monetary Fund (IMF) governance and quota reform. The Treasury will support ongoing reform of international financial institutions, and, in response to the Australia in the Asian Century White Paper, will deepen its bilateral cooperation with key strategic partners including China, India, Indonesia, Vietnam and the Philippines, while continuing to support counterpart agencies in Papua New Guinea and the Solomon Islands.

The Treasury will continue to support the Government's fiscal strategy, through timely and high‑quality assessments of domestic and international economic conditions, and advice on effective government spending, effective taxation and retirement income arrangements, as well as debt management policy.

The Treasury will continue to advise the Government on social policy, including disability support, education funding, health, aged care, skills, climate change and clean energy, structural adjustment, Indigenous policy, border and national security, and water reform. The Treasury will also advise on federal financial relations arrangements, including working with state and territory governments.

In 2013‑14, the Treasury will assist the Government to implement tax reform. As well as providing revenue forecasts and costings of taxation policies, analysing the economic and social effects of taxation policy proposals, and undertaking consultations with stakeholders, the Treasury will also instruct parliamentary counsel on the design of taxation laws and support the passage of legislation through Parliament.

The Treasury will assist the Government to ensure that any improvements to the international tax framework, as part of the G20's response to the Organisation for Economic Co‑operation and Development's (OECD) report on Addressing Base Erosion and Profit Shifting, are consistent with Australia's national interest.

The Treasury will continue to support Australia's productivity and international competitiveness through sound regulatory and competition reforms. This includes maintaining the Australian Consumer Law; maintaining Australia's corporation and competition law frameworks; promoting efficient use of national infrastructure in transport, communication and energy markets; and implementing the National Broadband Network. It also includes advising on regulatory reform of securities markets, financial advice, corporate governance and consumer credit.

The Treasury will provide advice on the financial system to ensure it remains robust, competitive and dynamic while contributing to macroeconomic stability and market confidence. The Treasury will continue to monitor prudential frameworks applying to banks, insurers and superannuation funds, and continue to implement the Government's Stronger Super reforms.

The Treasury will continue to work with the Government and the Foreign Investment Review Board to maintain the right balance between protecting Australia's national interest and ensuring that Australia remains an attractive destination for foreign capital.

Over the period ahead, the Treasury will draw on expertise across the organisation to help the Government meet Australia's long‑term policy challenges.

The Treasury will also continue to improve its organisational capabilities through the Strategic Review and Progressing Women initiatives.

1.2 Agency resource statement

Table 1.1 shows the total resources for the Treasury.

Table 1.1: Department of the Treasury resource statement — Budget estimates for 2013‑14 as at Budget May 2013
Estimate
of prior
year amounts
available in
2013‑14
$'000
+ Proposed
at Budget
2013‑14
$'000
= Total
estimate
2013‑14
$'000
Actual
available
appropriation
2012‑13
$'000
Ordinary annual services              
Departmental              
Prior year departmental appropriation   53,933 5 -   53,933 -
Departmental appropriation3   -   169,296 1 169,296 178,149
Receipts from other sources (s31)   -   8,266 4 8,266 10,652
Total departmental   53,933   177,562   231,495 188,801
Administered expenses              
Outcome 1   -   6,675 1 6,675 20,103
Payment to CAC bodies   -   18,062   18,062 -
Total administered expenses   -   24,737   24,737 20,103
Total ordinary annual services A 53,933   202,299   256,232 208,904
Other services              
Departmental non-operating              
Equity injections   -   -   - 1,631
Total   -   -   - 1,631
Administered non-operating              
Administered assets and liabilities              
Outcome 1   -   47,500 2 47,500 57,000
Total   -   47,500   47,500 57,000
Total other services B -   47,500   47,500 58,631
Total available annual appropriations (A+B)   53,933   249,799   303,732 267,535
Special appropriations              
Asian Development Bank (Additional Subscription) Act 2009   -   15,412   15,412 15,278
Federal Financial Relations Act 2009   -   69,632,911   69,632,911 68,403,140
International Monetary Agreements Act 1947   -   1,882,295   1,882,295 251,666
Clean Energy Act 2011   -   122,137   122,137 -
Superannuation Industry (Supervision) Act 1993   -   -   - 16,720
Total special appropriations C -   71,652,755   71,652,755 68,686,804
Total appropriations excluding special accounts (A+B+C)   53,933   71,902,554   71,956,487 68,954,339
Special accounts              
Opening balance6   2,282   -   2,282 -
Appropriation receipts to special accounts   -   2,000,000   2,000,000 -
Non-appropriation receipts to special accounts   -   13,824,014   13,824,014 10,853,944
Total special account D 2,282   15,824,014   15,826,296 10,853,944
Total resourcing (A+B+C+D)   56,215   87,726,568   87,782,783 79,808,283
Less appropriation drawn from annual or special appropriations and/or CAC Act bodies through annual appropriations credited to special accounts   -   2,018,062   2,018,062 -
Total net resourcing for the Treasury   56,215   85,708,506   85,764,721 79,808,283

1. Appropriation Bill (No. 1) 2013‑14.

2. Appropriation Bill (No. 2) 2013‑14.

3. Includes $5.3 million in 2013‑14 for the departmental capital budget (refer to Table 3.2.5).

4. Receipts received under section 31 (s31) of the Financial Management and Accountability Act 1997.

5. Estimated adjusted balance carried forward from previous year.

6. Estimated opening balance for special accounts (refer to Table 3.1.2).

1.3 Budget measures

Budget measures relating to the Treasury are detailed in Budget Paper No. 2, Budget Measures 2013‑14 and are summarised below.

Table 1.2: Department of the Treasury 2013‑14 Budget measures
Program 2012‑13
$'000
2013‑14
$'000
2014‑15
$'000
2015‑16
$'000
2016‑17
$'000
Expense measures            
Australia in the Asian Century - Strengthening engagement in the Asian region1 1.1 - - - - -
Brisbane Cross River Rail and Melbourne Metro Projects - Advisory Board 1.1 - 1,600 1,600 - -
Economic modelling capacity - continuation 1.1 - 2,902 2,926 2,955 2,983
Superannuation reforms - Charter of Superannuation Adequacy and Sustainability and Council of Superannuation Custodians - Charter Group 1.1 162 - - - -
Targeted savings - public service efficiencies2 1.1 - (400) (409) (390) (338)
Tax Studies Institute - establishment 1.1 2,000 (1,000) (1,000) - -
Treasury legal expenses 1.1 nfp nfp - - -
Official development assistance            
- Australian Membership of the African Development Bank Group 1.2 - - nfp nfp nfp
- support for low income countries through the Poverty Reduction and Growth Trust - Stage 1 and Stage 2 1.2 13,928 - 36,664 - -
Superannuation - further financial assistance grants to compensate fund members for the failure of Trio1 1.3 - - - - -
Better targeting of tax concessions - later start date and conclusion of transitional arrangements 1.4 (1,000) (1,000) 9,000 29,000 30,000
Excise and excise-equivalent customs duty - index tobacco excise to average weekly ordinary time earnings 1.4 - nfp nfp nfp nfp
GST - allowing businesses in a net refund position to continue to use the GST instalments system 1.4 - - - - -
Tax laws - privileges and immunities for the International Committee of the Red Cross 1.4 - .. .. .. ..
Abt Railway - Contribution 1.10 6,000 - - - -
Advancing Payments to the States and Territories 1.10 - - - - -
Better Schools            
- National Plan for School Improvement - Low Socio- Economic Status School Communities - redirection 1.10 - (84,485) (173,964) - -
- National Plan for School Improvement - continued support for students with disabilities 1.10 - 30,905 46,357 - -
- National Plan for School Improvement - Empowering Local Schools - redirection 1.10 - - - (287,977) -
- National Plan for School Improvement - Rewards for Great Teachers - redirection 1.10 - (26,035) (81,384) (162,768) (162,768)
- National Plan for School Improvement - Rewards for School Improvement redirection 1.10 (10,000) (8,988) (19,725) (39,550) (39,550)
Canberra Hospital - dedicated paediatric emergency care 1.10 - - 5,000 - -
DisabilityCare Australia - Transition to Full Scheme 1.10 1,096 7,128 4,316 616 -
Early Childhood Education - National Partnership Agreement - continuation 1.10 14,700 406,000 234,900 - -
Financial Literacy - additional funding 1.10 - 1,280 1,210 1,324 1,542
Great Artesian Basin Sustainability Initiative - reduced funding 1.10 - (22,900) - - -
Group of 20 meeting in 2014 - Queensland Government security costs 1.10 8,500 35,000 54,000 - -
Health and Hospitals Fund - Katherine and Gove District Hospitals - not proceed with fu
nding
1.10 (3,448) (5,852) (1,500) - -
Healthy Kids Check - redirection of promotional funding 1.10 (1,976) (1,990) (1,990) (2,038) (2,073)
Improving trachoma control for Indigenous Australians - continuation 1.10 - - - - -
Indigenous Communications Program - remote Indigenous public internet access - continuation 1.10 - - - - -
Mosquito control and cross border liaison in the Torres Strait - continuation 1.10 - - - - -
Murray-Darling Basin Plan - additional support 1.10 - 17,250 10,350 6,900 -
Nation Building Program            
- Heavy Vehicle Safety and Productivity Program - additional funding 1.10 - - - - -
- next phase 1.10 - (150,001) (50,000) - (677,989)
- re-direction 1.10 - (6,812) (22,130) (3,404) -
National Insurance Affordability Initiative - commencement and initial projects 1.10 - 50,000 50,000 - -
National Partnership Agreement on Homelessness 1.10 - 154,970 - - -
National Partnership on Home and Community Care Services to Veterans - redirection 1.10 - - (8,272) (8,386) (8,394)
National Perinatal Depression Initiative - continuation 1.10 - (500) (500) (500) (500)
Natural Disaster Recovery and Rebuilding            
- assistance for communities affected by the 2012‑13 Queensland floods 1.10 6,591 28,325 22,244 - -
- donation to the Queensland Floods Appeal 2013 1.10 900 - - - -
Parliament House Walk - contribution 1.10 - - - - -
Personal income tax - increase in the Medicare Levy - DisabilityCare Australia 1.10 - - - 73,900 188,500
Reef rescue - continuation 1.10 - (2,000) (2,000) (2,000) (2,000)
Tasmanian Forests Agreement - implementation package 1.10 30,500 4,000 5,500 5,050 2,101
Vaccine Preventable Diseases Surveillance Program - continuation 1.10 - - - - -
Victorian Local Hospital Networks - additional funding 1.10 (55,060) - - - -
World Leading Cancer Care - additional funding for BreastScreen Australia program - expand the target age range 1.10 - 9,845 10,402 12,005 14,181
Related capital            
Official Development Assistance - Australian Membership of the African Development Bank Group 1.2 - - - - -
Related revenue            
Australian Reinsurance Pool Corporation - dividend 1.3 - 75,000 75,000 75,000 75,000

1. This measure was also included in the Treasury Portfolio Additional Estimates Statements 2012‑13.

2. This measure was included as a cross portfolio measure in the Mid‑Year Economic and Fiscal Outlook 2012‑13. The fiscal impact reported for this measure is in addition to the impact previously reported for this measure in the Treasury Portfolio Additional Estimates Statements 2012‑13.

Prepared on a Government Finance Statistics (fiscal) basis.

Section 2: Outcomes and planned performance

2.1 Outcomes and performance information

Outcomes are the intended results, impacts or consequences of actions by the Government on the Australian community. Commonwealth programs are the primary vehicle by which government agencies achieve the intended results of their outcome statements. Agencies are required to identify the programs which contribute to Government outcomes over the Budget and forward years.

The Treasury's outcome is described below, specifying the strategy, program objectives, program deliverables and key performance indicators used to assess and monitor the performance of the Treasury.

Outcome 1: Informed decisions on the development and implementation of policies to improve the wellbeing of the Australian people, including by achieving strong, sustainable economic growth, through the provision of advice to government and the efficient administration of federal financial relations

Outcome 1 strategy

The Treasury contributes to this outcome by providing a range of policy advice to Treasury ministers and government. More specifically the Treasury will provide advice on:

  • macroeconomic policy, based on careful monitoring and analysis of economic conditions in Australia and overseas;
  • fiscal strategy, budget priorities and measures, and debt and balance sheet management, as well as a budget coordination role;
  • Commonwealth‑State financial policy, industry, environment and defence policy and housing, social and income support policy;
  • taxation and retirement income arrangements consistent with the Government's reform priorities;
  • policies that promote competitive, efficient markets and that work to enhance consumer wellbeing, a secure financial system and sound corporate practices, and foreign investment consistent with Australia's national interest;
  • policies that promote well regulated, competitive and efficient infrastructure and address supply constraints in the housing market that impact on housing affordability;
  • a range of international economic policy
    issues, including strengthening multilateral regimes underpinning open trade and capital flows, supporting developing countries' development aspirations, and shaping the evolution of the international and regional economic architecture; and
  • the administration of a range of payments which are reported in Programs 1.2 to 1.10.

Outcome 1 Budgeted expenses

Table 2.1 provides an overview of the total expenses for Outcome 1.

Table 2.1: Budgeted Expenses for Outcome 1
Outcome 1: Informed decisions on the development and implementation of policies to improve the wellbeing of the Australian people, including by achieving strong, sustainable economic growth, through the provision of advice to government and the efficient administration of federal financial relations 2012‑13
Estimated
actual
expenses
$'000
2013 ‑14
Estimated
expenses
$'000
Program 1.1: Department of the Treasury    
Departmental expenses    
Departmental appropriations1 182,727 167,995
Special accounts 1,629 1,269
Expenses not requiring appropriation2 13,018 9,175
Administered expenses    
Expenses not requiring appropriation 74,043 -
Total for Program 1.1 271,417 178,439
Program 1.2: Payments to International Financial Institutions    
Administered expenses    
Other services (Appropriation Bill No. 1) 13,928 -
Special appropriations 4,670 3,678
Total for Program 1.2 18,598 3,678
Program 1.3: Support for Markets and Business    
Administered expenses    
Other services (Appropriation Bill No. 1) 6,175 6,675
Special appropriations 16,720 -
Payment to CAC bodies - 18,062
Total for Program 1.3 22,895 24,737
Program 1.4: General Revenue Assistance    
Administered expenses    
Special appropriations 47,700,000 50,250,000
Special accounts 1,235,036 983,846
Total for Program 1.4 48,935,036 51,233,846
Program 1.5: Assistance to the States for Healthcare Services    
Administered expenses    
Special appropriations 13,280,449 14,040,015
Total for Program 1.5 13,280,449 14,040,015
Program 1.6: Assistance to the States for Government Schools    
Administered expenses    
Special appropriations 3,944,991 2,112,164
Total for Program 1.6 3,944,991 2,112,164
Program 1.7: Assistance to the States for Skills and Workforce Development    
Administered expenses    
Special appropriations 1,387,532 1,408,969
Total for Program 1.7 1,387,532 1,408,969
Program 1.8: Assistance to the States for Disabilities Services    
Administered expenses    
Special appropriations 1,244,118 1,237,636
Total for Program 1.8 1,244,118 1,237,636
Program 1.9: Assistance to the States for Affordable Housing    
Administered expenses    
Special appropriations 1,263,727 1,282,683
Total for Program 1.9 1,263,727 1,282,683
Program 1.10: National Partnership Payments to the States    
Administered expenses    
Special accounts 10,966,356 11,079,773
Total for Program 1.10 10,966,356 11,079,773
Outcome 1 Totals by appropriation type    
Administered expenses    
Other services (Appropriation Bill No. 1) 20,103 6,675
Special appropriations 68,842,207 70,335,145
Special accounts 12,201,392 12,063,619
Payment to CAC bodies - 18,062
Expenses not requiring appropriation 74,043 -
Departmental expenses    
Departmental appropriations1 182,727 167,995
Special accounts 1,629 1,269
Expenses not requiring appropriation2 13,018 9,175
Total expenses for Outcome 1 81,335,119 82,601,940
     
  2012‑13 2013‑14
Average staffing level (number) 937 886

1. Departmental appropriations combine ordinary annual services (Appropriation Bill No. 1) and revenue from independent sources (s31).

2. Expenses not requiring appropriation includes depreciation and resources received free of charge, such as audit fees.

Contributions to Outcome 1

Program 1.1: Department of the Treasury
Program objective

The objectives of the Treasury are:

  • promoting a sound macroeconomic environment by monitoring and assessing economic conditions and prospects both in Australia and overseas, and providing advice on macroeconomic policy including fiscal and monetary policy;
  • promoting effective government spending arrangements that contribute to the overall fiscal outcomes, influence strong sustainable economic growth and improve the wellbeing of Australians;
  • developing effective taxation and retirement income arrangements consistent with the Government's reform priorities; and
  • ensuring well‑functioning markets by providing advice on policies that promote competitive, efficient markets and that work to enhance consumer and investor wellbeing, a secure financial system and sound corporate practices, and foreign investment consistent with Australia's national interest.
Program expenses

There are no significant changes to estimates across the forward years.

Table 2.2: Program 1.1 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Departmental expenses          
Departmental items 160,675 149,144 154,680 154,181 152,942
Australia to host the Group of 20 in 2014 5,298 20,120 17,184 795 -
Clean Energy Finance Corporation 18,383 - - - -
Expenses not requiring appropriation 13,018 9,175 8,312 7,537 6,711
Total departmental expenses 197,374 178,439 180,176 162,513 159,653
Administered expenses          
Expenses not requiring appropriation1 74,043 - - - -
Total administered expenses 74,043 - - - -
Total program expenses 271,417 178,439 180,176 162,513 159,653

1. Reflects the upward revision of the estimated cost of natural disasters that occurred prior to 2012‑13.

Program deliverables

The Treasury has four groups that contribute to the achievement of its outcome.

Macroeconomic Group

In 2013‑14, Macroeconomic Group will provide advice on:

  • domestic and international developments affecting the Australian economy and forecasts of the direction of the Australian and international economies; and
  • the setting of sound macroeconomic policies and assessments of government policies.

Macroeconomic Group will also undertake preparations for hosting G20 Finance Ministers' and Central Bank Governors' Meetings as part of Australia's host year in 2014. Macroeconomic Group will also maintain its close engagement with the G20, Financial Stability Board, regional financial forums and support reform of the international financial institutions.

In response to the Australia in the Asian Century White Paper, Macroeconomic Group will deepen its bilateral cooperation with a number of strategically important regional partners including China, India, Indonesia, Vietnam and the Philippines.

Macroeconomic Group will also maintain an economic modelling capacity to provide modelling in support of the development of government policy, and to support other departments, where necessary, in the development and assessment of various policy initiatives.

Fiscal Group

In 2013‑14, Fiscal Group will provide advice on:

  • fiscal strategy which aims to ensure fiscal sustainability over the economic cycle;
  • effective government spending arrangements which contribute to improving the wellbeing of Australians;
  • strategies that address intergenerational challenges, including social, fiscal and environmental sustainability;
  • a range of policy issues including disability support, education funding, health, aged care, skills, employment, climate change mitigation and adaption, and policies to support regional industry structural adjustment; and
  • Commonwealth‑State financial relations.

Fiscal Group will also coordinate the preparation of the Commonwealth Budget and other documents required under the Charter of Budget Honesty Act 1998 and support Commonwealth‑State relationships through the coordination and delivery of various Commonwealth‑State forums.

Revenue Group

In 2013‑14, Revenue Group will provide advice on:

  • implementation of the Government's taxation and retirement income reform agenda including decisions in the Government's 2013‑14 Budget;
  • Australia's participation in international forums, including the OECD, G20 and the Global Forum in relation to the base erosion and profit shifting project and international standards of tax information and transparency; and
  • the impacts of the tax system and retirement income proposals, measures and expenditures, including on government finances, economic growth, and their distributional impact and overall efficiency and effectiveness.
Markets Group

In 2013‑14, Markets Group will provide advice on:

  • measures to promote competition, macroeconomic stability and market confidence, including advice on prudential frameworks applying to the banking sector, insurers and superannuation funds, and implementation of the Government's Stronger Super reforms;
  • measures to enhance protection of retail investors and consumers through establishing improved regulation and transparency of insurance contracts;
  • initiatives arising from t
    he Australian Financial Centre Forum to strengthen Australia as a regional financial services centre;
  • measures to promote the efficient allocation of capital and management of risk through effective corporate governance and financial market infrastructure frameworks including implementation of the Government's insolvency reforms and other commitments to address financial instrument risks;
  • measures to promote the efficient use and development of national infrastructure, including in transport, communication and energy markets, and improve the responsiveness of the supply side of the housing market;
  • Australia's competition and consumer policy framework including competition and regulatory reforms to improve Australia's productivity;
  • foreign investment initiatives to ensure that they are not contrary to Australia's national interest, the development and implementation of a national foreign ownership register for agricultural land, and representing Australia's interests on investment, competition and financial service issues in free trade agreements and international fora; and
  • actuarial matters through the Australian Government Actuary which provides actuarial services to the Government, the Treasury and other agencies.
Program key performance indicators

The Treasury has the following key performance indicators:

  • Advice meets the Government's needs in administering its responsibilities and making and implementing decisions. Advice is timely, of high quality, and is based on an objective and thorough understanding of issues and a whole‑of‑government perspective. The degree of client satisfaction with the quality and timeliness of the advice provided is assessed through formal and informal feedback mechanisms.
  • Timely, high‑quality, accurate and transparent Budget, Mid‑Year Economic and Fiscal Outlook, Pre‑election Economic and Fiscal Outlook and Final Budget Outcome documents that meet the expectations of the Government, the Parliament and the public. The budget preparation and coordination process is subject to an annual evaluation.
  • Published reports and other information stimulate and inform government and public debate through robust analysis, modelling and research. Publications are timely, high quality and widely available to the public.
  • Legislation progressed by the Treasury is in accordance with the principles of good law design and is delivered according to government priorities;
    • the majority of prospective tax and retirement income legislation is ready to be introduced into Parliament within 12 months, and the majority of retrospective tax and retirement income legislation within six months, of the Government announcing it; and
    • at least one tax or retirement income legislative measure is the subject of a post‑implementation review annually.
Program 1.2: Payments to International Financial Institutions
Program objective

Payments are made to the International Monetary Fund (IMF), under the International Monetary Agreements Act 1947, to promote international monetary cooperation, exchange stability and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustments.

Payments are made to other international financial institutions, as required, to facilitate the achievement of government objectives in international forums, including strengthening the international financial system, support for development objectives through the multilateral development banks, and multilateral debt relief.

Program expenses

Only expense items are recorded in Table 2.3. Substantial payments are also made to the international financial institutions as administered capital. These payments are shown in Tables 1.1 and 3.2.10.

Table 2.3: Program 1.2 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Administered expenses          
Annual appropriations          
Contribution to the Poverty Reduction and Growth Trust 13,928 - 36,664 - -
Special appropriations          
International Monetary Agreements Act 1947 4,670 3,678 3,686 3,711 3,735
Total program expenses 18,598 3,678 40,350 3,711 3,735
Program deliverables

Payments to international financial institutions, including the IMF, are made with due regard to minimising cost and risk for Australia.

Program key performance indicators

Financial transactions with the international financial institutions, including the IMF, are timely and accurate.

Program 1.3: Support for Markets and Business
Program objective

To provide funding to support markets and business as outlined below.

  • The Centre for International Finance and Regulation's focus is to put Australia at the forefront of regional and global examination of financial sector developments and the design of regulatory responses. The Centre comprises a consortium of Australian and international universities, research centres and financial organisations and is led by the University of New South Wales.
  • Payments are made in respect of insurance claims arising from the residual Housing Loans Insurance Company Limited portfolio. The Housing Loans Insurance Company Limited pre‑transfer contract portfolio will be managed to ensure all liabilities arising from claims under this portfolio are met and any related debts are recovered.
  • Payments of assistance are also made to eligible HIH insurance policy holders under the HIH Claims Support Scheme under this program. Payments are not classified as expenses and therefore do not appear in Table 2.4. The HIH Claims Support Scheme is now focused on finalising remaining claims so assistance can be paid, and the claims portfolio wound‑up.
  • The Superannuation Consumer Centre (SCC) will be a non‑profit organisation with a primary focus on superannuation policy research and related consumer advocacy. The Government will contribute $10 million over three years to a non‑government investment fund, the earnings of which will be used to fund the ongoing costs of the SCC. This contribution will be contingent upon matching funds being provided by industry.
  • The Treasury will make payments to the Clean Energy Finance Corporation (CEFC) in 2013‑14 and 2014‑15. These payments represent the annual appropriation provided to the CEFC to support its operating costs. The CEFC is a body under the Commonwealth Authorities and Companies Act 1997 (CAC Act). CAC Act bodies are separate, legally, from the
    Commonwealth and so do not debit appropriations directly or make payments from the Consolidated Revenue Fund. Therefore the responsible portfolio department receives the appropriation and pays it to the CAC Act body.
  • To provide further financial assistance to four Australian Prudential Regulation Authority (APRA) regulated superannuation funds in accordance with the Minister's Determination of 2 September 2012.
Program expenses

There are no significant changes to estimates across the forward years.

Table 2.4: Program 1.3 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Administered expenses          
Annual appropriations          
Centre for International Finance and Regulation 4,500 4,000 1,000 - -
Housing Loan Insurance Company Limited - payments in respect of insurance claims 675 675 675 675 675
Contribution to the Superannuation Consumer Centre 1,000 2,000 7,000 - -
Payment to CAC Act bodies - CEFC - 18,062 18,190 - -
Special appropriations          
Superannuation Industry (Supervision) Act 1993 - financial assistance grant to compensate fund members for the collapse of Trio 16,720 - - - -
Total administered expenses 22,895 24,737 26,865 675 675
Total program expenses 22,895 24,737 26,865 675 675
Program deliverables

The Centre for International Finance and Regulation was established in 2011‑12, with the consortium led by the University of New South Wales selected through a competitive tender process.

Payments of claims arising from the Housing Loans Insurance Company Limited old book and assistance under the HIH Claims Support Scheme are made according to agreed schedules.

The contribution to the SCC has been made according to the agreed funding schedule.

Payments of further financial assistance to compensate members of four APRA regulated superannuation funds that invested in Trio have been made in accordance with the Minister's Determination of 2 September 2012.

Program key performance indicators

Payments for the Centre for International Finance and Regulation will be made according to the agreed funding schedule.

Payments of claims arising from the Housing Loans Insurance Company Limited old book and assistance under the HIH Claims Support Scheme are accurately determined and are made according to agreed schedules.

The contribution to the SCC is made according to the agreed funding schedule.

Payments of further financial assistance to compensate members of four APRA regulated superannuation funds that invested in Trio are made in accordance with the Minister's Determination of 2 September 2012.

Program 1.4: General Revenue Assistance
Program objective

The Government will make general revenue assistance payments to the States and Territories.

Under the Intergovernmental Agreement on Federal Financial Relations, the States are entitled to receive payments from the Commonwealth equivalent to the revenue received from the GST. This funding is provided to the States without conditions, to spend according to their own budget priorities.

In addition, the Government will make payments of other general revenue assistance to the States, to spend without conditions, consisting of:

  • payments to the Australian Capital Territory to assist in meeting the additional municipal costs which arise from Canberra's role as the National Capital and to compensate for the additional costs resulting from the national capital planning influences on the provision of water and sewerage services;
  • payments to Western Australia to compensate for the loss of royalty revenue resulting from the removal in the 2008‑09 Budget of the exemption of condensate from crude oil excise;
  • payments to Western Australia as a share of royalties collected by the Commonwealth under the Offshore Petroleum (Royalty) Act 2006 in respect of the North West Shelf oil and gas project off the coast of Western Australia;
  • payments to the Northern Territory in lieu of royalties on uranium mining in the Ranger Project Area due to the Commonwealth's ownership of uranium in the Northern Territory; and
  • payments to New South Wales and Victoria to compensate for Commonwealth taxes paid by Snowy Hydro Ltd in proportion to the States' shareholdings.

Elements of this program are linked to the Resources, Energy and Tourism portfolio. Also refer to Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Program expenses

Explanation of changes to program estimates across the forward years can be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Table 2.5: Program 1.4 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Special appropriations          
GST Revenue Entitlements - Federal Financial Relations Act 2009 47,700,000 50,250,000 52,820,000 55,800,000 58,670,000
Special accounts          
COAG Reform Fund          
ACT Municipal Services 36,832 37,495 38,208 38,934 39,634
Reduced Royalties 63,088 41,743 45,594 49,304 46,153
Royalties 1,060,715 830,207 826,288 815,472 816,606
Taxation Compensation in Respect of Snowy Hydro Limited 74,401 74,401 74,401 74,401 74,401
Total program expenses 48,935,036 51,233,846 53,804,491 56,778,111 59,646,794
Program deliverables

General revenue assistance payments to the States and Territories are made according to the payment arrangements specified in the Intergovernmental Agreement on Federal Financial Relations.

Program key performance indicators

The Commonwealth Treasury will make general revenue assistance payments to the States and Territories that reflect the requirements, the amounts and timeframes specified in the Intergovernmental Agreement on Federal Financial Relations.

The Commonwealth Treasury will provide GST revenue data on a monthly, quarterly and annual basis, and will maintain a schedule of estimates of annual net GST receipts, in accordance with the requirements of the Intergovernmental Agreement on Federal Financial Relations.

Program 1.5: Assistance to the States for Healthcare Services
Program objective

The Government provides financial support to the States and Territories to be spent in the delivery of healthcare services.

On 2 August 2011, COAG agreed to the National Health Reform Agreement, a nationally significant agreement to improve health outcomes for all Australian's and the financial sustainability of the Australian health system.

Under this Agreement, National Health Reform funding comprises two elements: National Health Reform base funding to be provided from 1 July 2012 sourced from the existing National Healthcare SPP; and efficient growth funding to be provided from 2014‑15. National Health Reform funding is paid into a National Health Funding Pool to support public hospital services.

Program expenses

Explanation of changes to program estimates across the forward years can be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Table 2.6: Program 1.5 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Special appropriations          
National Health Reform funding - Federal Financial Relations Act 2009 13,280,449 14,040,015 15,531,098 17,164,138 18,956,073
Total program expenses 13,280,449 14,040,015 15,531,098 17,164,138 18,956,073

Note: The Federal Financial Relations Act 2009 has been amended to implement the National Health Reform Agreement.

Program deliverables

Payments to the States and Territories are made according to the payment arrangements specified in the Intergovernmental Agreement on Federal Financial Relations and the National Health Reform Agreement.

Program key performance indicators

As of 1 July 2012, National Health Reform funding has replaced the National Healthcare SPP, with funding paid into a National Health Funding Pool.

An Administrator has been jointly established by the Commonwealth and the States, and is responsible for calculating the Commonwealth funding amount for public hospitals, and advising the Treasurer of the level of Commonwealth funding.

The Administrator is also responsible for making payments from the National Health Funding Pool of Commonwealth and State funding to Local Hospital Networks on an activity basis. The Administrator transparently reports monthly on the amounts paid through the National Health Funding Pool to Local Hospital Networks, the basis on which payments were made and the number of services provided.

Program 1.6: Assistance to the States for Schools
Program objective

The Government provides financial support to the States and Territories to be spent in the delivery of government and non‑government school services.

Although the Treasury makes payments for non‑government schools, the funding and expense for the non‑government schools component is in the Education, Employment and Workplace Relations portfolio.

Program expenses

Explanation of changes to program estimates across the forward years can be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Table 2.7: Program 1.6 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Special appropriations          
National Schools SPP - Government schools Federal Financial Relations Act 2009    3,944,991    2,112,164    -    -    -
Total program expenses 3,944,991 2,112,164 - - -

Note: The 2013‑14 amount includes funding to 31 December 2013. From 1 January 2014 and across the forward estimates, the National Schools SPP will be appropriated under the proposed Australian Education Act and be reported in the Education, Employment and Workplace Relations portfolio. The non‑government schools component of the National Schools SPP for 2012‑13, and to 31 December 2013, appears in the Education, Employment and Workplace Relations portfolio and in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Program deliverables

Payments to the States and Territories are made according to the payment arrangements specified in the Intergovernmental Agreement on Federal Financial Relations.

Program key performance indicators

The Commonwealth Treasury will transfer to each State and Territory the amounts of their monthly and annual entitlements under the National Schools SPP (government and non‑government schools component) and will make the payments on the dates specified in the Intergovernmental Agreement on Federal Financial Relations.

The Commonwealth Treasury will provide advice to the States and Territories on the components of each payment prior to each payment being made.

The States and Territories are required to spend the Natio
nal Schools SPP in the schools sector. Each State and Territory Treasurer will provide a report to the Standing Council for Federal Financial Relations demonstrating expenditure of the National Schools SPP within the sector in accordance with the Intergovernmental Agreement on Federal Financial Relations.

Program 1.7: Assistance to the States for Skills and Workforce Development
Program objective

The Government provides financial support to the States and Territories to be spent in the delivery of skills and workforce development services.

Program expenses

Explanation of changes to program estimates across the forward years can be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Table 2.8: Program 1.7 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Special appropriations          
National Skills and Workforce Development SPP - Federal Financial Relations Act 2009 1,387,532 1,408,969 1,436,163 1,462,660 1,489,646
Total program expenses 1,387,532 1,408,969 1,436,163 1,462,660 1,489,646
Program deliverables

Payments to the States and Territories are made according to the payment arrangements specified in the Intergovernmental Agreement on Federal Financial Relations.

Program key performance indicators

The Commonwealth Treasury will transfer to each State and Territory the amounts of their monthly and annual entitlements under the National Skills and Workforce Development SPP and will make the payments on the dates specified in the Intergovernmental Agreement on Federal Financial Relations.

The Commonwealth Treasury will provide advice to the States and Territories on the components of each payment prior to each payment being made.

The States and Territories are required to spend the National Skills and Workforce Development SPP in the skills and workforce sector. Each State and Territory Treasurer will provide a report to the Standing Council for Federal Financial Relations demonstrating expenditure of the National Skills and Workforce Development SPP within the sector in accordance with the Intergovernmental Agreement on Federal Financial Relations.

Program 1.8: Assistance to the States for Disability Services
Program objective

The Government provides financial support to the States and Territories to be spent in the delivery of disability services.

From 2011‑12, an adjustment is made to the National Disability SPP to ensure that the changes to Commonwealth and State roles and responsibilities for aged care and disability services, as part of the National Health Reform arrangements, are budget neutral.

Program expenses

Explanation of changes to program estimates across the forward years can be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Table 2.9: Program 1.8 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Special appropriations          
National Disability Services SPP - Federal Financial Relations Act 2009 1,272,943 1,336,322 1,408,119 1,474,593 1,545,181
Changed roles and responsibilities - adjustment to achieve budget neutrality (28,825) (98,686) (99,123) (103,649) (106,797)
Total program expenses 1,244,118 1,237,636 1,308,996 1,370,944 1,438,384
Program deliverables

Payments to the States and Territories are made according to the payment arrangements specified in the Intergovernmental Agreement on Federal Financial Relations.

Program key performance indicators

The Commonwealth Treasury will transfer to each State and Territory the amounts of their monthly and annual entitlements under the National Disability SPP and will make the payments on the dates specified in the Intergovernmental Agreement on Federal Financial Relations.

The Commonwealth Treasury will provide advice to the States and Territories on the components of each payment prior to each payment being made.

The States and Territories are required to spend the National Disability SPP in the disability services sector. Each State and Territory Treasurer will provide a report to the Standing Council for Federal Financial Relations demonstrating expenditure of the National Disability SPP within the sector in accordance with the Intergovernmental Agreement on Federal Financial Relations

Program 1.9: Assistance to the States for Affordable Housing
Program objective

The Government provides financial support to the States and Territories to be spent in the delivery of affordable housing services.

Program expenses

Explanation of changes to program estimates across the forward years can be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Table 2.10: Program 1.9 expenses
2012‑13
Revised
budget
$'000
2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Special appropriations          
National Affordable Housing SPP - Federal Financial Relations Act 2009 1,263,727 1,282,683 1,307,054 1,330,581 1,354,531
Total program expenses 1,263,727 1,282,683 1,307,054 1,330,581 1,354,531
Program deliverables

Payments to the States and Territories are made according t
o the payment arrangements specified in the Intergovernmental Agreement on Federal Financial Relations.

Program key performance indicators

The Commonwealth Treasury will transfer to each State and Territory the amounts of their monthly and annual entitlements under the National Affordable Housing SPP and will make the payments on the dates specified in the Intergovernmental Agreement on Federal Financial Relations.

The Commonwealth Treasury will provide advice to the States and Territories on the components of each payment prior to each payment being made.

The States and Territories are required to spend the National Affordable Housing SPP in the affordable housing sector. Each State and Territory Treasurer will provide a report to the Standing Council for Federal Financial Relations demonstrating expenditure of the National Affordable Housing SPP within the sector in accordance with the Intergovernmental Agreement on Federal Financial Relations.

Program 1.10: National Partnership Payments to the States
Program objective

The Government provides financial support for the States and Territories to be spent on improving outcomes in the areas specified in each of the National Partnership agreements. These payments support the delivery of specified outputs or projects, facilitate reforms or reward those jurisdictions that deliver on nationally significant reforms.

This program is linked to the Agriculture, Fisheries and Forestry portfolio, Attorney‑General's portfolio; Broadband, Communications and the Digital Economy portfolio; Defence portfolio; Education, Employment and Workplace Relations portfolio; Families, Housing, Community Services and Indigenous Affairs portfolio; Finance and Deregulation portfolio; Health and Ageing portfolio; Industry, Innovation, Climate Change, Science, Research and Tertiary Education portfolio; Infrastructure and Transport portfolio; Prime Minister and Cabinet portfolio; Regional Australia, Local Government, Arts and Sport portfolio; Resources, Energy and Tourism portfolio; and Sustainability, Environment, Water, Population and Communities portfolio. Also refer to Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Program expenses

Explanation of changes to program estimates across the forward years can be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Table 2.11: Program 1.10 expenses
      Agency
PBS
Program
2012‑13
Revised
budget
$'000
 2013‑14
Budget
$'000
2014‑15
Forward
year 1
$'000
2015‑16
Forward
year 2
$'000
2016‑17
Forward
year 3
$'000
Special accounts            
COAG Reform Fund            
Agriculture, Fisheries  and Forestry portfolio            
Pilot of drought reform  measures in Western  Australia 1.11 7,772 1,157 - - -
Exotic Disease Preparedness Program 2.2 414 423 430 439 439
Animal and plant pest and disease eradication 2.2 10,000 12,927 12,897 12,883 13,181
Total 18,186 14,507 13,327 13,322 13,620
Attorney-General's portfolio
Legal assistance services 1.3 198,087 200,550 204,562 208,245 211,993
ACT Emergency Services 1.6 4,000 4,000 - - -
Secure Schools Program 1.6 2,188 - - - -
Natural disaster resilience 1.7 24,032 30,668 26,100 26,100 26,100
Natural disaster recovery and rebuilding relief appeals — Commonwealth contributions 1.7 1,000 - - - -
Natural Disaster Relief and Recovery Arrangements 1.7 1,893,305 146,809 96,679 22,409 1
Total 2,122,612 382,027 327,341 256,754 238,094
Broadband, Communications and the Digital Economy portfolio
Digital Regions Initiative 1.2 12,114 - - - -
Digital Regions Initiative - Local Government 1.2 4 - - - -
Remote Indigenous public internet access 1.2 2,760 2,105 2,150 2,191 2,237
Total 14,878 2,105 2,150 2,191 2,237
Defence portfolio
School Pathways Program 1.3 1,705 1,287 - - -
Total 1,705 1,287 - - -
Education, Employment and Workplace Relations portfolio
Stronger Futures in the Northern Territory – Building a Quality School Workforce - Quality Teaching 1.1 - 6,275 12,550 12,550 12,550
Stronger Futures in the Northern Territory – Building a quality teachers' workforce – Additional Teachers 1.1 - 10,315 22,925 23,360 17,924
Stronger Futures in the  Northern Territory – Building a quality teachers' workforce –Teacher housing 1.1 - 2,392 3,813 4,467 5,724
Early childhood education – universal access to early childhood education 1.3 461,700 406,000 234,900 - -
Indigenous early childhood development – children and  family centres 1.3 56,535 78,024 - - -
National quality agenda for early childhood education and care 1.3 21,328 19,080 nfp nfp nfp
TAFE fee waivers for childcare qualifications 1.3 15,991 15,382 10,528 - -
More support for students with disabilities 2.1 61,658 61,620 46,357 - -
Closing the Gap in the Northern Territory - Supporting remote schools – additional teachers 2.2 12,400 - - - -
Stronger Futures in the Northern Territory - Expansion of the school enrolment and attendance measure 2.3 1,870 2,238 2,302 2,187 2,251
Trade training centres in schools 2.4 130,013 69,115 82,143 87,630 227,124
Digital education revolution 2.5 126,000 - - - -
Improving Literacy and Numeracy – Government Schools 2.6 125,020 62,645 - - -
Improving Literacy and Numeracy - Non-Government Schools 2.6 36,177 18,129 - - -
Smarter schools – Low socio-economic status school communities 2.8 362,911 141,285 - - -
Improving teacher quality - Reward funding 2.9 - 175,000 - - -
Improving teacher quality - Project and facilitation funding 2.9 18,000 - - - -
Youth attainment and transitions            
- Maximising engagement, attainment and successful transitions 2.11 37,502 18,751 - - -
- Year 12 attainment and transitions 2.11 - 53,332 - - -
Rewards for great teachers 2.15 8,241 - - - -
Total   1,475,346 1,139,583 415,518 130,194 265,573
Families, Housing, Community Services and Indigenous Affairs portfolio            
Assistance to States for DisabilityCare Australia 1.1 - - - 73,900 188,500
Pay equity for the Social and Community Services Sector 3.6 24,541 55,499 85,087 116,583 150,541
Assist Preparation Towards the Launch of the National Disability Insurance Scheme 5.6 1,096 7,128 4,316 616 -
Homelessness 2.2 156,501 154,970 - - -
Certain concessions for pensioners and senior card holders            
- Certain concessions for pensioners 3.5 270,509 279,685 291,178 303,231 316,059
- National reciprocal transport concessions 4.2 12,500 12,500 12,500 12,500 12,500
Remote Indigenous housing 7.2 303,208 541,078 485,600 368,176 411,729
Stronger Futures in the Northern Territory            
- Tackling alcohol abuse 7.5 3,411 3,621 3,590 3,718 3,688
- Remote engagement and coordination 7.5 3,305 4,214 4,169 3,700 3,500
- Municipal and essential  services 7.5 5,000 20,480 20,931 21,391 21,862
- Housing 7.5 27,335 51,194 55,824 52,249 46,196
- Community safety  and justice 7.5 21,406 40,346 34,914 35,648 34,661
- Child, youth, family and community wellbeing 7.5 13,363 13,644 11,293 11,584 11,883
- Alice Springs Transformation plan 7.5 2,247 4,653 4,175 1,796 -
Total   844,422 1,189,012 1,013,577 1,005,092 1,201,119
Finance and Deregulation portfolio            
Provision of Fire Services 1.1 17,732 18,352 18,995 19,660 20,347
Seamless national economy 1.1 64,055 130,885 - - -
Total   81,787 149,237 18,995 19,660 20,347
Health and Ageing portfolio            
National bowel cancer screening program - participant follow-up function 1.1 1,398 1,832 1,866 2,185 -
Expansion of the BreastScreen Australia Program 1.1 - 9,845 10,402 12,005 14,181
Health Services &n
bsp;
         
- Victorian cytology service 1.1 8,085 8,472 8,905 9,350 9,818
- Early intervention pilot program 1.3 222 - - - -
- Reducing acute rheumatic heart fever among Indigenous children 8.1 2,523 2,571 2,622 2,682 2,727
- Sexual assault counselling in remote Northern Territory areas 8.1 1,290 - - - -
Health Services            
- National antimicrobial utilisation –  surveillance program 10.5 150 150 - - -
- Vaccine-preventable   10.5 781 795 814 830 845
- National perinatal depression initiative 11.1 6,090 10,810 8,200 8,200 8,200
- Northern Territory medical school – funding contribution 12.2 2,212 2,250 2,288 2,329 2,371
- Torres Strait health protection strategy – mosquito control 14.1 929 942 960 977 995
National Coronial Information System 1.3 407 424 440 - -
Essential vaccines 1.5 227,569 259,868 252,972 251,912 259,612
BreastScreen Australia radiography workforce initiatives 1.6 204 - - - -
Preventive health            
- Enabling infrastructure 1.6 2,500 - - - -
- Healthy children 1.6 23,850 28,860 28,860 28,860 105,760
- Healthy workers 1.6 21,150 24,652 24,652 24,652 24,652
- Social marketing 1.6 6,000 - - - -
Other Health infrastructure payments            
- Tasmanian health package – Radiation oncology services in North/North West Tasmania 3.5 400 - - - -
- Funding for Grafton Hospital 13.3 2,000 - - - -
Aged care assessment 4.1 8,687 - - - -
Transitioning responsibilities for aged care and disability services            
- Basic Community care maintenance and support services 4.2 500,757 542,383 nfp nfp nfp
- Specialist disability services 4.4 116,128 165,336 184,862 206,939 230,904
Home and Community Care - services for veterans 4.4 8,307 8,137 - - -
Financial assistance for long stay older patients 4.4 92,429 78,231 - - -
Closing the Gap in the Northern Territory - Indigenous health and related services 8.1 437 - - - -
Indigenous early childhood development - antenatal and reproductive health 8.1 24,257 24,363 5,954 - -
Improving ear health services for Indigenous Australian children 8.1 6,531 677 - - -
Improving trachoma control services for Indigenous Australians 8.1 3,925 4,392 4,079 4,161 4,244
Accommodation related to renal services for Aboriginal and Torres Strait Islander peoples in the Northern Territory 8.1 - 10,000 - - -
Torres Strait health protection strategy - Saibai Island Health Clinic 8.1 1,500 500 500 - -
Renal dialysis services in Central Australia 8.1 1,600 1,700 1,700 - -
Stronger Futures in the Northern Territory            
- Oral health services component 8.1 2,343 2,564 2,604 2,535 2,650
- Mobile Outreach Service plus component 8.1 4,300 4,386 4,474 4,563 4,770
- Hearing health services component 8.1 2,416 2,816 3,184 3,114 3,255
Health and Hospitals fund 10.1 463,072 509,058 562,135 393,415 38,236
Improving Health Services in Tasmania            
- Cradle Coast Connected Care Clinical Repository 10.2 250 250 250 250 -
-  Innovative flexible funding for mental health 11.1 1,050 1,050 1,025 1,025 -
- Better access to community based palliative care services 13.3 5,810 1,790 1,700 1,700 -
- Reducing Elective Surgery Waiting Lists in Tasmania 13.3 8,831 8,345 7,119 6,228 -
- Walk-in centres in Hobart and Launceston 13.3 4,744 6,936 5,087 5,135 -
Canberra Hospital - dedicated paediatric emergency care 10.6 - - 5,000 - -
Supporting National Mental Health Reform 11.1 43,298 50,604 51,560 45,251 -
Expanding the Early Psychosis Prevention and Intervention Centre model 11.1 28,200 50,200 70,200 80,200 80,200
Hepatitis C settlement fund 13.1 700 713 726 740 -
Public dental waiting list program 13.3 69,200 155,200 119,600 - -
Adult Public Dental Services 13.3 - - 200,000 295,000 390,000
Health care grants for the Torres Strait 13.3 5,289 4,449 4,515 4,596 4,679
Hospital and health workforce reform -activity based funding 13.3 42,970 - - - -
Improving Public Hospital Services            
- Flexible funding for emergency departments, elective surgery and subacute care 13.3 25,000 1,073 - - -
- National elective surgery target            
- Facilitation and Reward funding 13.3 - 51,747 49,490 49,490 49,490
- Capital funding 13.3 - 1,244 - - -
Improving Public Hospital Services            
- National emergency access target for emergency departments            
- Facilitation and Reward funding 13.3 50,002 51,717 49,999 49,999 49,999
- Capital funding 13.3 50,000 1,941 - - -
- New subacute beds guarantee funding 13.3 446,500 632,500 - - -
OzFoodNet 14.1 1,644 1,664 1,696 1,727 1,758
Royal Darwin hospital -equipped, prepared, and ready 14.1 14,756 14,949 15,247 15,521 15,802
Total   2,342,693 2,742,386 1,695,687 1,515,571 1,305,148
Infrastructure and Transport portfolio            
Nation Building Plan for the Future            
- Building Australia Fund 1.1 323,000 58,000 64,500 20,000 -
- Major Cities 1.1 101,200 - - - -
Managed motorways 1.1 10,046 24,444 - - -
Nation Building Program            
- Black spot projects 1.1 63,799 64,502 60,000 60,000 60,000
- Heavy vehicle safety and productivity 1.1 2,344 40,000 48,000 40,000 40,000
- Improving the national network 1.1 750 760 - - -
- Investment 1.1 110,398 297,808 387,700 133,000 23,500
- Off-network projects 1.1 137,238 112,134 423,800 11,500 240,400
- Road 1.1 1,520,275 2,722,712 2,147,500 2,079,200 2,070,600
Liveable cities 1.1 3,900 3,180 nfp nfp nfp
Regional Infrastructure Fund -Stream 1 and 2 1.1 105,300 163,300 613,800 648,600 775,400
Building Australia fund - Rail Projects 1.1 567,400 891,000 500,000 732,100 -
Nation Building Off-Network Projects - Rail 1.1 197,976 168,357 458,100 470,400 288,000
Local Government and Regional Development -Infrastructure employment projects 1.1 2,000 - - - -
National transport regulator reforms            
- National Heavy Vehicles Transport Regulator 2.2 998 - - - -
- National Rail Safety Regulator 2.2 602 - - - -
Interstate road transport 2.2 77,730 80,839 84,072 87,435 90,934
Abt Railway 2.2 6,000 - - - -
National Transport Regulators            
- Establishment Costs - Heavy Vehicles 2.2 13,867 - - - -
- Establishment Costs -Rail 2.2 7,383 - - - -
Total   3,252,206 4,627,036 4,787,472 4,282,235 3,588,834
Industry, Innovation, Climate Change, Science Research and Tertiary Education            
National Solar Schools Program 1.2 20,852 17,951 - - -
Industry and Indigenous Skills
Centres
3.5 2,931 - - - -
Education Investment Fund 3.5 3,769 - - - -
Building Australia's Future Workforce            
- Training places for single and teen parents 3.5 20,000 26,668 26,668 - -
 - Skills Reform 3.5 238,351 238,351 377,212 377,439 516,328
Joint Group Training Program 3.5 11,069 - - - -
Total   296,972 282,970 403,880 377,439 516,328
Prime Minister and Cabinet portfolio            
2014 G20 Leaders' Summit Security 1.1 8,500 35,000 54,000 - -
Total   8,500 35,000 54,000 - -
Regional Australia, Local Government, Arts and Sport portfolio            
East Kimberley development package            
- Education-related projects 1.2 4,210 - - - -
- Health-related projects 1.2 2,830 - - - -
Community Infrastructure Grants - Glenbrook Precinct Upgrade 1.1 1,750 820 - - -
Parliament House Walk 1.1 100 - - - -
Tasmanian Forests Intergovernmental Agreement - Economic Diversification Projects 1.1 3,000 - - - -
Northern Australia Sustainable Futures 1.1 300 - - - -
Local Government and Regional Development -Local Government Reform Fund 1.2 2,024 - - - -
Centenary of Canberra 2013            
- A gift to the national capital 2.1 - - 10,000 - -
- Joint National Program 2.1 2,040 991 - - -
Total   16,254 1,811 10,000 - -
Resources, Energy and Tourism portfolio            
Environmental management of the former Rum Jungle mine site 1.1 1,474 - - - -
Total   1,474 - - - -
Sustainability, Environment, Water, Population and Communities portfolio            
Caring for our Country 1.1 144,717 - - - -
Tasmanian Forests Intergovernmental Agreement - Implementation of the Intergovernmental Agreement 1.1 37,717 11,319 12,995 12,733 9,983
Great Artesian Basin Sustainability Initiative 1.1 9,985 16,758 - - -
Water for the Future 4.1          
- National Urban Water and Desalination Plan 4.1 50,960 5,590 1,550 - -
- National Water Security Plan for Cities and Towns 4.1 30,176 20,565 8,910 2,945 -
- Sustainable Rural Water Use and Infrastructure 4.1 199,512 373,800 427,914 343,038 262,560
Coal seam gas and large coal mining development 4.1 6,500 20,000 - - -
Implementing Water Reform in the Murray-Darling Basin 4.1 6,000 13,500 20,000 20,000 20,000
Total   485,567 461,532 471,369 378,716 292,543
Treasury portfolio            
Moneysmart Teaching 1.1 705 1,280 1,210 1,324 1,542
Implementation of the National Insurance Affordability Initiative 1.1 - 50,000 50,000 - -
First Home Owners Boost 1.1 3,049 - - - -
Total   3,754 51,280 51,210 1,324 1,542
Total program expenses   10,966,356 11,079,773 9,264,526 7,982,498 7,445,385

Note: These items can also be found in Budget Paper No. 3, Australia's Federal Relations 2013‑14.

Program deliverables

Payments to the States and Territories will be made on the basis set out in each of the National Partnership agreements and any related agreements.

Program key performance indicators

The Commonwealth Treasury will make payments to the States and Territories that reflect the requirements, the amounts and timeframes set out in each of the National Partnership agreements and any related agreements. These payments will only be made upon the Commonwealth Treasury's receipt of authorisations from the relevant agency in respect of performance benchmarks or payment schedules set out in each of the National Partnership agreements.

The Commonwealth Treasury will provide advice to the States and Territories on the components of each payment prior to each payment being made.

Section 3: Explanatory tables and budgeted financial statements

Section 3 presents explanatory tables and budgeted financial statements which provide a comprehensive snapshot of the Treasury's finances for 2012‑13. It explains how budget plans are incorporated into the financial statements and provides further details of the reconciliation between appropriations and program expenses, movements in administered funds, special accounts and government Indigenous expenditure.

3.1 Explanatory tables

3.1.1 Movement of administered funds between years

The Treasury does not have any movements of annual administered appropriations between years.

3.1.2 Special accounts

Special accounts provide a means to set aside and record amounts used for specified purposes. Special accounts can be created by a Finance Minister's Determination under the Financial Management and Accountability Act 1997 or under separate enabling legislation. Table 3.1.2 shows the expected additions (receipts) and reductions (payments) for each account used by the Treasury.

Table 3.1.2: Estimates of special account cash flows and balances
Outcome Opening
balance
2013‑14
2012‑13
$'000
Receipts
non-
appropriated
2013‑14
2012‑13
$'000
Receipts
appropriated
2013‑14
2012‑13
$'000
Payments
2013‑14
2012‑13
$'000
Closing
balance
2013‑14
2012‑13
$'000
Actuarial Services Special Account(D) 1 2,282 1,269 - 1,269 2,282
  2,282 1,629 - 1,629 2,282
Clean Energy Finance Corporation Special Account(A) 1 - 5,158 2,000,000 1,034,398 970,760
  - - - - -
COAG Reform Fund Special Account(A) 1 - 13,817,587 - 13,817,587 -
  - 10,852,315 - 10,852,315 -
Financial System Stability Special Account(A) 1 - - - - -
  - - - - -
Services for Other Entities and Trust Moneys Special Account - Department of the Treasury(A/D) 1 - - - - -
  - - - - -
Total special accounts 2013‑14 Budget estimate   2,282 13,824,014 2,000,000 14,853,254 973,042
Total special accounts 2012‑13 estimate actual   2,282 10,853,944 - 10,853,944 2,282

(A) Administered.

(D) Departmental.

3.1.3 Australian Government Indigenous Expenditure

The Treasury does not have any Australian Government Indigenous Expenditure.

3.2 Budgeted financial statements

3.2.1 Differences in agency resourcing and financial statements

There are no material differences between agency resourcing and financial statements.

3.2.2 Analysis of budgeted financial statements

The Treasury is budgeting for a break‑even operating result, after non‑appropriated expenses such as depreciation are removed, in 2013‑14 and the forward estimates.

The Treasury has a sound financial position and has sufficient cash reserves to fund provisions and payables, and asset replacement, as they fall due.

3.2.3 Budgeted financial statements tables

Table 3.2.1: Comprehensive income statement (Showing Net Cost for Services)
(for the period ended 30 June)
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
EXPENSES          
Employee benefits 124,211 121,033 120,098 116,812 115,213
Supplier 37,675 47,280 49,810 36,233 36,798
Grants 4,637 1,501 2,506 2,481 1,481
Payment to CAC Act body 18,383 - - - -
Depreciation and amortisation 12,468 8,625 7,762 6,987 6,161
Total expenses 197,374 178,439 180,176 162,513 159,653
LESS:          
OWN-SOURCE INCOME          
Revenue          
Sale of goods and rendering of services 9,802 7,416 7,638 7,868 8,104
Other revenue 850 850 850 850 850
Total revenue 10,652 8,266 8,488 8,718 8,954
Gains          
Other gains 550 550 550 550 550
Total gains 550 550 550 550 550
Total own-source income 11,202 8,816 9,038 9,268 9,504
Net cost of (contribution by) services 186,172 169,623 171,138 153,245 150,149
Appropriation revenue 173,704 160,998 163,376 146,258 143,988
Surplus (deficit) attributable to the Australian Government (12,468) (8,625) (7,762) (6,987) (6,161)
Note: Impact of Net Cash Appropriation Arrangements          
  2012-13
$'000
2013-14
$'000
2014-15
$'000
2015-16
$'000
20116-17
$'000
Total Comprehensive Income (loss) less depreciation/amortisation expenses previously funded through revenue appropriations - - - - -
plus depreciation/amortisation expenses previously funded through revenue appropriations (12,468) (8,625) (7,762) (6,987) (6,161)
Total Comprehensive Income (loss) - as per the Statement of Comprehensive Income (12,468) (8,625) (7,762) (6,987) (6,161)

Prepared on Australian Accounting Standards basis.

Table 3.2.2: Budgeted departmental balance sheet (as at 30 June)
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
ASSETS          
Financial assets          
Cash and equivalents 1,108 1,108 1,108 1,108 1,108
Trade and other receivables 57,141 59,141 61,141 63,141 65,141
Total financial assets 58,249 60,249 62,249 64,249 66,249
Non-financial assets          
Land and buildings 8,217 7,318 6,159 5,215 4,466
Infrastructure, plant and equipment 8,825 6,678 5,648 5,057 5,047
Intangibles 8,114 7,801 7,670 7,702 7,881
Other 2,502 2,502 2,502 2,502 2,502
Total non-financial assets 27,658 24,299 21,979 20,476 19,896
Total assets 85,907 84,548 84,228 84,725 86,145
LIABILITIES          
Provisions          
Employees 46,600 48,600 50,600 52,600 54,600
Total provisions 46,600 48,600 50,600 52,600 54,600
Payables          
Suppliers 311 311 311 311 311
Other 4,554 4,554 4,554 4,554 4,554
Total payables 4,865 4,865 4,865 4,865 4,865
Total liabilities 51,465 53,465 55,465 57,465 59,465
Net assets 34,442 31,083 28,763 27,260 26,680
EQUITY          
Parent entity interest          
Contributed equity 39,917 45,183 50,625 56,109 61,690
Reserves 5,186 5,186 5,186 5,186 5,186
Retained surpluses or accumulated deficits (10,661) (19,286) (27,048) (34,035) (40,196)
Total equity 34,442 31,083 28,763 27,260 26,680
Current assets 60,751 62,751 64,751 66,751 68,751
Non-current assets 25,156 21,797 19,477 17,974 17,394
Current liabilities 47,348 49,188 51,028 52,868 54,708
Non-current liabilities 4,117 4,277 4,437 4,597 4,757

Prepared on Australian Accounting Standards basis.

Table 3.2.3: Budgeted departmental statement of cash flows
(for the period ended 30 June)
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
OPERATING ACTIVITIES          
Cash received          
Goods and services 9,802 7,416 7,638 7,868 8,104
Appropriations 171,704 158,998 161,376 144,258 141,988
Other 850 850 850 850 850
Total cash received 182,356 167,264 169,864 152,976 150,942
Cash used          
Employees 122,211 119,033 118,098 114,812 113,213
Suppliers 37,125 46,730 49,260 35,683 36,248
Grants 23,020 1,501 2,506 2,481 1,481
Total cash used 182,356 167,264 169,864 152,976 150,942
Net cash from or (used by) operating activities - - - - -
INVESTING ACTIVITIES          
Cash used          
Purchase of property, plant and equipment 6,849 5,266 5,442 5,484 5,581
Total cash used 6,849 5,266 5,442 5,484 5,581
Net cash from or (used by) investing activities (6,849) (5,266) (5,442) (5,484) (5,581)
FINANCING ACTIVITIES          
Cash received          
Appropriations - equity injections 1,631 - - - -
Appropriations - DCB 5,218 5,266 5,442 5,484 5,581
Total cash received 6,849 5,266 5,442 5,484 5,581
Net cash from or (used by) financing activities 6,849 5,266 5,442 5,484 5,581
Net increase or (decrease) in cash held - - - - -
Cash at the beginning of the reporting period 1,108 1,108 1,108 1,108 1,108
Cash at the end of the reporting period 1,108 1,108 1,108 1,108 1,108

Prepared on Australian Accounting Standards basis.

Table 3.2.4: Departmental statement of changes in equity — summary of mov
ement (Budget year 2013‑14)
Retained
surpluses
$'000
Asset
revaluation
reserve
$'000
Other
reserves
$'000
Contributed
equity/
capital
$'000
Total
equity
$'000
Opening balance as at 1 July 2013          
Balance carried forward from previous period (10,661) 5,186 - 39,917 34,442
Adjusted opening balance (10,661) 5,186 - 39,917 34,442
Comprehensive income          
Surplus (deficit) for the period (8,625) - - - (8,625)
Total comprehensive income recognised directly in equity (8,625) - - - (8,625)
Transactions with owners          
Distributions to owners          
Restructuring - - - - -
Contributions by owners          
Appropriation (equity injection) - - - - -
Appropriation (departmental capital budget) - - - 5,266 5,266
Total transactions with owners - - - 5,266 5,266
Estimated closing balance as at 30 June 2014 (19,286) 5,186 - 45,183 31,083

Prepared on Australian Accounting Standards basis.

Table 3.2.5: Departmental capital budget (DCB) statement
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
NEW CAPITAL APPROPRIATIONS          
Capital budget - Bill 1 - DCB 5,218 5,266 5,442 5,484 5,581
Total equity injections 1,631 - - - -
Total new capital appropriations 6,849 5,266 5,442 5,484 5,581
Provided for:          
Purchase of non-financial assets 6,849 5,266 5,442 5,484 5,581
Total Items 6,849 5,266 5,442 5,484 5,581
PURCHASE OF NON-FINANCIAL ASSETS          
Funded by capital appropriations 1,631 - - - -
Funded by capital appropriation - DCB 5,218 5,266 5,442 5,484 5,581
TOTAL 6,849 5,266 5,442 5,484 5,581
RECONCILIATION OF CASH USED TO ACQUIRE ASSETS TO ASSET MOVEMENT TABLE          
Total purchases 6,849 5,266 5,442 5,484 5,581
Total cash used to acquire assets 6,849 5,266 5,442 5,484 5,581

Prepared on Australian Accounting Standards basis.

Table 3.2.6: Statement of asset movements — departmental
Buildings
$'000
Other
infrastructure,
plant and
equipment
$'000
Intangibles
$'000
Total
$'000
As at 1 July 2013        
Gross book value 12,681 16,717 11,575 40,973
Accumulated depreciation/amortisation and impairment 4,464 7,892 3,461 15,817
Opening net book balance 8,217 8,825 8,114 25,156
Capital asset additions        
By purchase - appropriation DCB 1,500 2,266 1,500 5,266
Total additions 1,500 2,266 1,500 5,266
Other movements        
Depreciation/amortisation expense 2,399 4,413 1,813 8,625
Total other movements 2,399 4,413 1,813 8,625
As at 30 June 2014        
Gross book value 14,181 18,983 13,075 46,239
Accumulated depreciation/amortisation and impairment 6,863 12,305 5,274 24,442
Closing net book balance 7,318 6,678 7,801 21,797

Prepared on Australian Accounting Standards basis.

Table 3.2.7: Schedule of budgeted income and expenses administered on behalf of government (for the period ended 30 June)
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
EXPENSES ADMINISTERED ON BEHALF OF GOVERNMENT          
Grants 81,058,357 82,419,148 82,725,182 86,098,932 90,340,813
Interest 4,670 3,678 3,686 3,711 3,735
Other 675 675 675 675 675
Fair value loss on NDRRA provision 74,043 - - - -
Total expenses administered on behalf of government 81,137,745 82,423,501 82,729,543 86,103,318 90,345,223
LESS:          
OWN-SOURCE INCOME          
Own-source revenue          
Non-taxation revenue          
Goods and services 1,306,604 1,086,208 814,044 764,141 628,139
Interest 2,690 11,015 27,066 45,489 50,407
Dividends - 75,000 75,000 75,000 75,000
Nation Building and COAG transfers 1,459,512 1,594,396 1,295,794 1,423,433 468,211
Other sources of non-taxation revenues 4,160 4,000 4,000 4,000 4,000
Total non-taxation revenue 2,772,966 2,770,619 2,215,904 2,312,063 1,225,757
Total own-source revenues administered on behalf of Government 2,772,966 2,770,619 2,215,904 2,312,063 1,225,757
Gains          
Foreign exchange 80,813 72,456 99,799 54,488 7,398
Total gains administered on behalf of government 80,813 72,456 99,799 54,488 7,398
Total own-sourced income administered on behalf of Government 2,853,779 2,843,075 2,315,703 2,366,551 1,233,155
Net Cost of (contribution by) services 78,283,966 79,580,426 80,413,840 83,736,767 89,112,068
Surplus (Deficit) (78,283,966) (79,580,426) (80,413,840) (83,736,767) (89,112,068)

Prepared on Australian Accounting Standards basis.

Table 3.2.8: Schedule of budgeted assets and liabilities administered on behalf of government (as at 30 June)
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
ASSETS ADMINISTERED ON BEHALF OF GOVERNMENT          
Financial assets          
Cash and cash equivalents 1,735 1,735 1,735 1,735 1,735
Advances and loans 866,931 1,251,570 1,466,370 1,466,593 901,439
Receivables 973,689 652,740 269,683 113,760 81,758
Investments 12,731,042 18,542,645 20,088,128 21,871,844 23,542,636
Total financial assets 14,573,397 20,448,690 21,825,916 23,453,932 24,527,568
Non financial assets          
Prepayments 209,342 59,849 59,849 59,849 59,849
Total non financial assets 209,342 59,849 59,849 59,849 59,849
Total assets administered on behalf of government 14,782,739 20,508,539 21,885,765 23,513,781 24,587,417
LIABILITIES ADMINISTERED ON BEHALF OF GOVERNMENT          
Interest bearing liabilities          
Loans 3,175,916 6,452,750 5,978,102 5,956,182 5,933,871
Other 4,585,807 4,626,724 4,667,495 4,708,304 4,708,304
Total interest bearing liabilities 7,761,723 11,079,474 10,645,597 10,664,486 10,642,175
Payables          
Grants and subsidies 5,673,974 3,770,509 954,224 115,481 114,791
Other payables 690,031 466,674 173,267 92,982 61,296
Total payables 6,364,005 4,237,183 1,127,491 208,463 176,087
Total liabilities administered on behalf of government 14,125,728 15,316,657 11,773,088 10,872,949 10,818,262
Net assets/(liabilities) 657,011 5,191,882 10,112,677 12,640,832 13,769,155

Prepared on Australian Accounting Standards basis.

Table 3.2.9: Schedule of budgeted administered cash flows
(for the period ended 30 June)
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
OPERATING ACTIVITIES          
Cash received          
Sales of goods and rendering of services 623,187 410,245 113,654 39,381 36,082
Interest 1,743 1,741 1,742 1,759 41,210
Dividends 675,000 150,000 150,000 150,000 75,000
COAG receipts from agencies 9,634,402 10,424,402 10,837,241 11,727,915 468,209
Other 4,160 4,000 4,000 4,000 4,000
Total cash received 10,938,492 10,990,388 11,106,637 11,923,055 624,501
Cash used          
Grant payments 87,444,275 92,298,568 94,359,874 96,516,752 89,749,121
Interest paid 3,875 3,680 3,686 3,717 3,740
Other 32,895 6,675 8,675 675 675
Total cash used 87,481,045 92,308,923 94,372,235 96,521,144 89,753,536
Net cash from or (used by) operating activities (76,542,553) (81,318,535) (83,265,598) (84,598,089) (89,129,035)
INVESTING ACTIVITIES          
Cash received          
Other investing activities 42,592 5,158 141,538 493,008 961,228
Total cash received 42,592 5,158 141,538 493,008 961,228
Cash used       &nbsp
;
 
Purchase of investments 59,949 2,731,137 2,251,579 2,101,215 2,060,950
Advances and loans 215,623 369,447 182,350 174,384 -
Other - - - - -
Total cash used 275,572 3,100,584 2,433,929 2,275,599 2,060,950
Net cash from or (used by) investing activities (232,980) (3,095,426) (2,292,391) (1,782,591) (1,099,722)
FINANCING ACTIVITIES          
Cash received          
Other - - - - -
Total cash received - - - - -
Net cash from or (used by) financing activities - - - - -
Net increase or (decrease) in cash held (76,775,533) (84,413,961) (85,557,989) (86,380,680) (90,228,757)
Cash at beginning of reporting period 1,735 1,735 1,735 1,735 1,735
Cash from Official Public          
Account - appropriations 79,581,725 86,579,499 87,264,715 88,492,259 91,814,486
Cash to Official Public Account 2,806,192 2,165,538 1,706,726 2,111,579 1,585,729
Cash at end of reporting period 1,735 1,735 1,735 1,735 1,735

Prepared on Australian Accounting Standards basis.

Table 3.2.10: Schedule of administered capital budget
Estimated
actual
2012‑13
$'000
Budget
estimate
2013‑14
$'000
Forward
estimate
2014‑15
$'000
Forward
estimate
2015‑16
$'000
Forward
estimate
2016‑17
$'000
NEW CAPITAL APPROPRIATIONS          
Administered assets and liabilities 56,500 47,500 - - -
Special appropriations 263,072 2,016,186 684,073 216,287 51,865
Total new capital appropriations 319,572 2,063,686 684,073 216,287 51,865
Provided for:          
International Financial Institutions 263,072 2,016,186 684,073 216,287 51,865
Other 56,500 47,500 - - -
Total items 319,572 2,063,686 684,073 216,287 51,865

Prepared on Australian Accounting Standards basis.

3.2.4 Notes to the financial statements

The Treasury's budgeted statements are prepared on an accrual basis.

Under the Government's accrual budgeting framework, and consistent with Australian Accounting Standards, transactions that departments control (departmental transactions) are separately budgeted for, and reported on, from transactions departments do not have control over (administered transactions). This ensures that departments are only held accountable for the transactions over which they have control.

Departmental assets, liabilities, revenues and expenses are controlled by the department. Departmental expenses include employee and supplier expenses and other administrative costs, which are incurred by the department in providing goods and services.

Administered items are revenues, expenses, assets or liabilities which are managed by the department on behalf of the Government according to set government directions. Administered expenses include subsidies, grants and personal benefit payments, and administered revenues include taxes, fines and excises.