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Finance Portfolio - additional resourcing

Financial year
Purpose statement

Support the delivery of the Government's policy agenda, including: * $40.8 million over 4 years from 2023-24 (and $9.5 million ongoing) to increase Finance's capacity to deliver high quality policy and financial advice, improve the quality of government spending and investment and strengthen governance arrangements for government entities * $10.4 million over 4 years from 2023-24 (and $3.0 million ongoing) to enhance the accountability and effectiveness of the Government's use of specialist investment vehicles by establishing a comprehensive central oversight and governance function within Finance * $4.0 million in 2023-24 for enhancements to the Parliamentary Expenses Management System to improve governance, operational support for clients and transparency of parliamentary expenses.

Budget Measure type
Description

The Government will provide $55.2 million over 4 years from 2023-24 (and $12.5 million per year ongoing) for the Department of Finance (Finance) to support the delivery of the Government's policy agenda, including:

* $40.8 million over 4 years from 2023-24 (and $9.5 million ongoing) to increase Finance's capacity to deliver high quality policy and financial advice, improve the quality of government spending and investment and strengthen governance arrangements for government entities

* $10.4 million over 4 years from 2023-24 (and $3.0 million ongoing) to enhance the accountability and effectiveness of the Government's use of specialist investment vehicles by establishing a comprehensive central oversight and governance function within Finance

* $4.0 million in 2023-24 for enhancements to the Parliamentary Expenses Management System to improve governance, operational support for clients and transparency of parliamentary expenses. Finance |

Portfolio

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.