Agency Budget Statements
- Department overview
- Appropriations
- Measures - Department summary
- Administered capital and departmental equity injections and loans
Part C
Agency Budget Statements
Department of the Treasury
Australian Bureau of Statistics
Australian Competition and Consumer Commission
Australian Office of Financial Management
Australian Prudential Regulation Authority
Australian Securities and Investments Commission
Australian Taxation Office
Corporations and Markets Advisory Committee
National Competition Council
Productivity Commission
Department of the Treasury
Section 1: Overview, appropriations and budget measures summary
Department overview
The Department of the Treasury seeks to promote a sound macroeconomic environment; effective government spending and taxation arrangements; and well functioning markets, by providing sound and timely advice to the Government and assisting Treasury Ministers in the administration of their responsibilities and in the implementation of Government decisions.
Appropriations
The total appropriations for the Department of the Treasury in the 2002-03 Budget are $32,356.8 million. Table 1.1 on the following page shows the total by administered appropriations, price of output appropriations and administered capital.
Department of the Treasury - appropriations 2002-03
Table 1.1: Appropriations and other revenue ($`000)
1. C1, E1 and I1 refer to information provided in Table 2.1.1, Table 2.1.2 and Table 2.1.3 respectively. K1 and K2 refer to information provided in Table 3.1 and Table 3.7 respectively. K3 refers to information provided in Table 3.10.
2. Under the appropriation structure, Bill No. 2 includes Specific Purpose Payments (SPP's), New Agency Outcomes (NAO's) and administered capital.
3. Refer to Budgeted Statement of Financial Performance in Table 3.1 for application of agency revenue.
4. Revenue from other sources includes revenue from sources other then government (for example, sales of goods and services). Departmental and administered revenues are detailed in Appendix 1.
5. Estimated expenses from individual special appropriations are shown in Appendix 2.
Note: Percentage figures indicate the percentage contribution of revenue from government (departmental appropriations) to the total price of outputs.
Measures - Department summary
Table 1.2: Summary of measures disclosed in the 2002-03 Budget
Table 1.2: Summary of measures disclosed in the 2002-03 Budget (continued)
* The nature of the measure is such that a reliable estimate cannot be provided.
Administered capital and departmental equity injections and loans
The Department of the Treasury will receive administered capital appropriations of $162.555 million in 2002-03. Of this amount $155.225 million is funded through special appropriations and $7.330 million through Appropriation Bill No. 2. These capital appropriations relate to financial assets. See Table 3.10.
The special appropriation amount relates to capital payments for the Asian Development Bank and the HIH Assistance Scheme. The Appropriation Bill No. 2 item relates to capital payments to the European Bank for Reconstruction and Development and Australia's contribution to the International Monetary Fund's Poverty Reduction and Growth Facility.
The Department of the Treasury will receive no departmental equity injection or loan in 2002-03.
