annual report

The yearly report prepared by the accountable authority of a Commonwealth entity in accordance with section 39 of the PGPA Act or the directors of a Commonwealth company in accordance with section 97 of the PGPA Act. The annual report must be presented to parliament by the responsible minister. The report provides a broad statement of an entity or company's capability and performance, including results against targets published previously for the corresponding year in the portfolio budget statements. It allows accountable authorities and directors to report to their minister on the efficiency and effectiveness of the public administration for which the minister is ultimately responsible.

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Last updated: 13 January 2016