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finance.gov.au
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Definitions (85)
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wholly-owned commonwealth company
A Commonwealth company whose shares are not beneficially owned by any person other than the Commonwealth.
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senate estimates
The review of estimates of government expenditure by Senate committees as part of the annual budget cycle.
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whole of government
Includes all institutional sectors of the Commonwealth reporting under the GFS; the general government sector; the public non-financial corporations sector and the public financial corporations sector. This is the level at which the annual consolidated financial statements (CFS) of the Commonwealth are reported.
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revenue
Income received by the government through taxes, customs, duties and interest. Also includes inflows or other enhancements or savings in outflows of future economic benefits in the form of increases in assets or reductions in liabilities of the entity, other than those relating to contributions by owners, that result in an increase in equity during [..]
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reporting period
A Commonwealth entity, a Commonwealth company, or a subsidiary of a Commonwealth entity or Commonwealth company, must produce reports within:
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retained receipts
A non-corporate entity can increase the balance of certain appropriations by the amount of certain receipts collected by the entity in accordance with section 74 of the PGPA Act and section 27 of the PGPA Rule. In turn, the increasing of an appropriation authorises the entity to spend those amounts from the CRF against that appropriation.
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public resources
Relevant money, relevant property, or appropriations.
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public service act 1999
(PS Act) The principal Act governing the establishment and operation of, and employment in, the Australian Public Service.
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relevant procurement thresholds
The amount (including GST) of a procurement when procurements are subject to the additional rules in Division 2 of the CPR.
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procurement method
Methods used to conduct a procurement include: open tender, prequalified tender or limited tender.
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