Australian Securities and Investments Commission Outcome 1
Improved confidence in Australia's financial markets through promoting informed investors and financial consumers, facilitating fair and efficient markets and delivering efficient registry systems.
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Australian Securities and Investments Commission Program 1.1 | Australian Securities and Investments Commission (ASIC) | by strategically identifying and responding to conduct which presents the greatest risk of harm |
| 1.2 | Australian Securities and Investments Commission Program 1.2 | Australian Securities and Investments Commission (ASIC) | , unclaimed monies and special accounts. ASIC is responsible for the administration of unclaimed money from banking and deposit taking institutions and life insurance institutions |
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Australian Taxation Office Program 1.1 | Australian Taxation Office | The Australian Taxation Office (ATO) exchanges information with ASIC in relation to self-managed superannuation funds auditor registrations, and financial crime intelligence. ATO contributes funding for the latter as well as for the Modernising Business Registers program. |
| 1.3 | Australian Taxation Office Program 1.3 | Australian Taxation Office | The Australian Taxation Office (ATO) exchanges information with ASIC in relation to self-managed superannuation funds auditor registrations, and financial crime intelligence. ATO contributes funding for the latter as well as for the Modernising Business Registers program. |
| Body | Outcome | Outcome owner | Contribution | |
|---|---|---|---|---|
| Australian Securities and Investments Commission Program 1.1 | Australian Securities and Investments Commission (ASIC) | Australian Taxation Office Outcome 1 | Australian Taxation Office | Australian Securities and Investments Commission (ASIC) exchanges information with the ATO in relation to self-managed superannuation fund auditor registration, and financial crime intelligence. ASIC contributes to the management and governance of the Standard Business Reporting program. |
| Appropriation | Appropriation subtype | 2023-24 | 2022-23 | |
|---|---|---|---|---|
| Budget Estimate | Estimated Actual | Budget Estimate | ||
| Special Accounts | 0.00 | 3,000,000.00 | 3,000,000.00 | |
| Administered | Non-operating | 0.00 | 0.00 | 0.00 |
| Administered | Operating | 10,628,000.00 | 7,925,000.00 | 7,925,000.00 |
| Administered | Special Appropriation | 146,469,000.00 | 142,177,000.00 | 136,859,000.00 |
| Administered | Special Purpose Payments | 0.00 | 0.00 | 0.00 |
| Administered | Assets and Liabilities | 0.00 | 0.00 | 0.00 |
| Administered | Subtotal | 157,097,000.00 | 150,102,000.00 | 144,784,000.00 |
| Departmental | External Revenue | 23,525,000.00 | 29,020,000.00 | 24,408,000.00 |
| Departmental | Non-operating | 0.00 | 0.00 | 0.00 |
| Departmental | Operating | 453,504,000.00 | 447,381,000.00 | 447,381,000.00 |
| Departmental | Special Appropriation | 0.00 | 0.00 | 0.00 |
| Departmental | Equity Injections | 3,866,000.00 | 5,824,000.00 | 5,824,000.00 |
| Departmental | Subtotal | 480,895,000.00 | 482,225,000.00 | 477,613,000.00 |
| Total | 637,992,000.00 | 635,327,000.00 | 625,397,000.00 | |