Portfolio Budget Statements and Portfolio Additional Estimates Statements

Portfolio Budget Statements – May each year

The Portfolio Budget Statements (PBS) provide an important means by which the executive government remains accountable to the parliament.  The PBS inform the parliament and the public of the proposed allocation of resources in the upcoming annual Budget to Commonwealth entities, by government outcomes.

The PBS, Budget Papers, Annual Appropriation Bills (Nos. 1 and 2) and Appropriation (Parliamentary Departments) Bill (No. 1) are tabled in the parliament on Budget Night, the second Tuesday in May of each year.  These Bills require that the PBS be taken into account when interpreting the appropriated items in the Schedules.

Portfolio Budget Statements are prepared by those Commonwealth entities which receive funding through the annual Appropriation Acts (either directly or through a portfolio department). 

Finance has issued the following guidelines on the format and printing of the PBS:

Excel and Word templates are downloadable from the Central Budget Management System, or please contact your Chief Finance Officer (CFO) Unit to obtain a copy.

Financial data and footnotes for the 2016-17 PBS will be made available after the Budget has been released at http://www.data.gov.auexternal siteto assist those who wish to analyse the financial information published in the PBS.  The website also has financial data from the 2014-15 PBS and PAES.

Requirements for performance information in Portfolio Budget Statements – Finance Secretary Direction

The Finance Secretary has issued the following Direction, effective 24 February 2016, under Section 36(3) of the PGPA ActThe Direction sets out the requirements for performance information included in Portfolio Budget Statements. 

Previous year's version

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Portfolio Additional Estimates Statements – mid-February each year

The Portfolio Additional Estimates Statements (PAESs) inform the parliament of changes to the proposed allocation of resources since the Budget.  The PAES, annual Appropriation Bills (Nos. 3 and 4) and Appropriation (Parliamentary Departments) Bill (No. 2) are tabled in the parliament usually in mid-February each year.

The annual Appropriation Bills (Nos. 3 and 4) and Appropriation (Parliamentary Departments) Bill (No. 2) require that the PBS be taken into account when interpreting the appropriated items in the Schedules.

Not all portfolios prepare a PAES. Only those entities for whom the government has agreed to change funding through the Appropriation Bills listed in the previous paragraph should produce a PAES.

Finance has issued the following guidelines on the format and printing of the PAES:

Last year's version of the PAES guidance is available for reference when entities prepare annual reports:

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Contact for information on this page: BudgetFramework@finance.gov.au

Last updated: 12 April 2016