Portfolio Budget Statements

The purpose of the Portfolio Budget Statements (PBS) is to inform Senators and Members of Parliament of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. Agencies receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources.

A key role of the PBS is to facilitate the understanding of proposed annual appropriations in Appropriation Bills No. 1 and No. 2. In this sense the PBS are Budget related papers and are declared by the Appropriation Bills to be 'relevant documents' to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901.

The PBS provides information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills.

As required under section 12 of the Charter of Budget Honesty Act 1998, non-general government sector entities are not consolidated into the Commonwealth general government sector fiscal estimates and accordingly, these entities are not reported in the PBS.

Timing: Tabled in Parliament on Budget night at approximately 8.30pm.

The following Australian Government Entities have their Portfolio Budget Statements available on their web sites:

Australian Government Entity Name
Agriculture, Water and the Environment Portfolio
Attorney-General's Portfolio
Defence Portfolio
Department of Defence
Department of Veterans' Affairs
Education, Skills and Employment Portfolio
Finance Portfolio
Foreign Affairs and Trade Portfolio
Health Portfolio
Home Affairs Portfolio
Industry, Science, Energy and Resources Portfolio
Infrastructure, Transport, Regional Development and Communications Portfolio
Prime Minister and Cabinet Portfolio
Social Services Portfolio
Treasury Portfolio
Parliamentary Departments
Department of the House of Representatives
Department of the Senate
Department of Parliamentary Services
Parliamentary Budget Office