Corporate plans must be given to the responsible Minister and Finance Minister before they are published on a company’s website by 31 August each year. The giving and publishing needs to be completed in line with the guidance below.
Give the corporate plan to your responsible Minister.
Email the corporate plan to the Minister for Finance via the Department of Finance (Finance) at PGPA@finance.gov.au.
Publish the corporate plan on your company's website by 31 August each year.
→ Companies are encouraged to advise Finance once the plan has been published.
Finance uploads your company's published corporate plan onto the Transparency Portal after your company has completed the steps above.
Giving corporate plans to the responsible Minister and the Finance Minister
Directors are required to give a copy of the corporate plan to their responsible Minister and the Minister for Finance as soon as practicable after the plan is prepared and before it is published on their company’s website.
There is no legal requirement under the Public Governance. Performance and Accountability Act 2013 (PGPA Act) or Public Governance, Performance and Accountability Rule 2014 (PGPA Rule) for the responsible Minister to clear or approve a company's corporate plan. Companies should follow any arrangements that they have agreed with the relevant Minister’s office on finalising and publishing their corporate plans.
To meet the requirement to give the corporate plan to the Finance Minister, a copy of your corporate plan should be sent to Finance at PGPA@finance.gov.au. Companies do not need to send a copy of the corporate plan to the Office of the Finance Minister directly.
Once the plan has been sent to Finance, companies may then publish the plan on their company’s website. It is good practice to advise Finance once the plan has been published.
Finance is responsible for publishing the company’s corporate plan on the Transparency Portal after the plan has been 1) sent to PGPA@finance.gov.au, and 2) published on the company’s website.
Deadline for publishing corporate plans
Companies must publish their corporate plans on their website by the last day of the second month of the reporting period for which the plan is prepared. For companies, who report on a financial year basis, this is 31 August each year.
Companies who report on a financial year basis, must publish their corporate plans on their website
by 31 August each year.
A company's enabling legislation may specify another date for the publication of its corporate plan
Extensions to publishing deadlines
Where the Directors consider they are unable to publish the corporate plan by the legislative deadline (for example, 31 August) they may apply for an extension from their responsible Minister. The Acts Interpretation Act 1901 allows for an application to the responsible Minister (see sections 34C(4) to (7) of that Act). An extension should only be sought if the Directors consider that it is not reasonably possible for the corporate plan to be given to the responsible Minister by the legislated deadline.
Should your company’s responsible Minister grant an extension, the corporate plan must be tabled within 15 sitting days after the day on which the responsible Minister received the corporate plan.
Please contact PGPA@finance.gov.au if your company is considering requesting an extension from your responsible Minister.
