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Chapter Title - Outcome 2 - Improved and More Efficient Government Operations
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Chapter contents | Access to Government Information < Performance Information for Outcome 2 - Effectiveness—Overall Achievement of the Outcome > Performance Information for Outcome 2 - Output 2.1.1—Financial Legislation and Regulation
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PERFORMANCE INFORMATION FOR OUTCOME 2

Effectiveness—Overall Achievement of the Outcome

TargetResult

The key objectives underpinning the outcome are efficiency, effectiveness, accessibility, transparency, acceptability, contestability, and flexibility. Indicators and targets consistent with these objectives are:

Best practice governance frameworks are developed and implemented:

  • Changes to the frameworks improve transparency and flexibility of Government operations and enhance access to Government information.
Achieved—The governance framework is subject to continual review, adaptation and improvement.

Commonwealth operations are more efficient and are exposed to contestability:

  • The value of Commonwealth activity contracted out or subject to market testing will increase.
Not applicable—Responsibility for market testing was transferred to OASITO.

Customers rate briefings and policy advice as excellent or above average.

Achieved—Apart from one instance the target set for this was achieved.

High level recognition by stakeholders of the governance frameworks and their objectives.

Achieved—Feedback from users of the governance framework was favourable.
Rate of return on assets.

Surpassed—The rate of return on net assets for the non-Defence property was 6.57 per cent, better than the target of 6 per cent.

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