PGPA Newsletter 116

Amendments to the PGPA (Finance Minister to Accountable Authorities of Non-Corporate Commonwealth Entities) Delegation 2022 and the PGPA (Finance Minister to Finance Secretary) Delegation 2022 commenced on 2 March 2026.

Schedule 1, Part 6 of the PGPA (Finance Minister to Accountable Authorities of Non-Corporate Commonwealth Entities) Delegation 2022 and Schedule 1, Part 3 of the PGPA (Finance Minister to Finance Secretary) Delegation 2022 have been amended to reflect the instrument previously referred to as the Legal Services Directions 2017, has been updated to the Legal Services Directions 2025 and was reissued by the Attorney-General commencing  2 March 2026. The amendments contain no other substantive changes to the operation of the delegation.

Additional information on the delegation and associated instruments can be found on the PGPA legislation, associated instruments, and policies page.

For any questions on the amended delegations, please contact PGPA@finance.gov.au.

Join us for the next Performance Community of Practice event!

Finance will be hosting an online Performance Community of Practice (CoP) event on Thursday 23 April, from 10 am till 11.30 am.

The session will support practitioners to better understand and meet requirements under the Commonwealth performance framework.

The session will cover:

To register for the event, click here.

Let us know what else you would like the session to include by completing this short form by Monday 13 April. We welcome your input.

Please note:

For any questions regarding the CoP, please contact PGPA@finance.gov.au.

We look forward to seeing you there.

Finance has developed annual report and corporate plan templates to support Commonwealth entities and companies in efficiently developing their annual reports and corporate plans.

The templates are linked below:

The templates are also available in the right‑hand menu under Tools and templates within the Resource Management Guides (RMGs) listed below.

The use of the templates is not mandatory, they are intended to be practical, easy to use guides to assist both new and existing entities and companies to meet their requirements under the PGPA Act and Rule.

For more information on these templates, or to provide feedback, please contact PGPA@finance.gov.au.

RMG-135 Annual reports for non-corporate Commonwealth entities and RMG-136 Annual reports for corporate Commonwealth entities have been updated for the 2025–26 reporting period to:

Entities affected by machinery of government changes should also refer to RMG 119 Reporting requirements following machinery of government changes, as these changes may affect annual report reporting responsibilities.

RMG-137 Annual reports for Commonwealth companies has been updated for the 2025-26 reporting period, including.

For more information on these updates please contact PGPA@finance.gov.au.

Minor Changes to PGPA (Financial Reporting) Rule 2015 (FRR)
Minor administrative updates have been made to the FRR for the 2025–26 reporting period. These updates reflect entity name changes arising from machinery‑of‑government changes and legislative amendments.

Updates to Financial Reporting Guidance
Updates have been made to the following guidance to support preparation of 2025–26 financial statements:

Standard Parameters for 2025–26:
Standard parameters as at 30 June 2026 will be issued in mid-July 2026. The standard parameters cannot be issued earlier as they are reliant on 30 June data, which is not available until after the end of the financial year. Updates will be shared with Chief Financial Officers when the parameters are published.
 
For questions regarding these updates, please contact AccountingPolicy@finance.gov.au.

RMG‑127 Specialist direct investment vehicles has been updated following the release of the Australian Government Appointments Framework by the Australian Public Service Commission on 2 December 2025.

The framework sets out principles and guidance to support merit‑based selection and appointment of individuals to public offices across the Commonwealth.
 
The update to RMG-127 helps ensure guidance for Specialist direct investment vehicles remains aligned with current whole‑of‑government appointments policy. Minor edits were also made throughout the guide but no Policy changes were made.

For further information on these updates, please contact SIVsStrategy@finance.gov.au.