Commonwealth Investment Framework (RMG 308)


This Resource Management Guides (RMG) brings together the policy and best practice guidance for Commonwealth entities to consider when developing, implementing and managing investment proposals.



This guide applies to officials of Commonwealth entities responsible for:

alt text here

This RMG should be read in conjunction with other policy and guidance materials including the Cabinet Handbook, Budget Process Operational Rules (BPORs) and relevant Estimates Memoranda (EMs).


Please note:

  • For guidance on investments by Commonwealth entities under section 58 and section 59 of the Public Governance, Performance and Accountability Act 2013 (PGPA Act), refer to RMG-301 Investment by Commonwealth entities.
  • Investments in international financial institutions are exempt from the requirements set out in this guide. 
The Commonwealth Investment Framework is also supported by a suite of Toolkits providing practical guidance materials and supporting resources.


Key information

The Overview and Roadmap below offers support on how to read this guide and provides a visual capturing the decision-making, consultation and engagement process.

The 4 Parts below outline what to include in a business case and submission for decision-makers, as well as the expectations in implementation, management and reporting.

Did you find this content useful?