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Australian Government Coat of Arms

Budget | 2014-15

Budget 2014-15
Australian Government Coat of Arms, Budget 2014-15

Portfolio Budget Statements

The purpose of the Portfolio Budget Statements (PBS) is to inform Senators and Members of Parliament of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. Agencies receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources.

A key role of the PBS is to facilitate the understanding of proposed annual appropriations in Appropriation Bills No. 1 and No. 2. In this sense the PBS are Budget related papers and are declared by the Appropriation Bills to be 'relevant documents' to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901.

The PBS provides information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills.

As required under section 12 of the Charter of Budget Honesty Act 1998, non-general government sector entities are not consolidated into the Commonwealth general government sector fiscal estimates and accordingly, these entities are not reported in the PBS.

Timing: Tabled in Parliament on Budget Night (generally the second Tuesday in May).

The following Australian Government Agencies have their Portfolio Budget Statements available on their web sites:

Australian Government Agency Name
Agriculture Portfolio
Attorney-General’s Portfolio
Communications Portfolio
Defence Portfolio
Department of Veterans' Affairs
Education Portfolio
Employment Portfolio
Environment Portfolio
Finance Portfolio
Foreign Affairs and Trade Portfolio
Health Portfolio
Immigration and Border Protection Portfolio
Industry Portfolio
Infrastructure and Regional Development Portfolio
Prime Minister and Cabinet Portfolio
Social Services Portfolio
Social Services
Department of Human Services
Treasury Portfolio
Parliamentary Departments
Department of the House of Representatives
Department of the Senate
Department of Parliamentary Services
Department of the Parliamentary Budget Office