Details of fiscal risks and contingent liabilities

New or revised fiscal risks and contingent liabilities with a possible impact on the forward estimates greater than $20 million in any one year, or $40 million over the forward estimates period, that have arisen or changed since the 2005-06 Budget are described below and summarised in Table D1.

Information on contingent liabilities is also provided in the annual financial statements of departments, agencies and non-budget entities.

Table D1: Summary of changes to Statement of Risks since 2005-06 Budget

Note: Risks not appearing in this Statement are substantially unchanged since disclosed in Budget Paper No. 1, Budget Strategy and Outlook 2005-06, Statement 11.