Portfolio Additional Estimates Statements

Purpose

The Portfolio Additional Estimates Statements (PAES) inform Parliament and other users on updated entity revenue and expenditure estimates for the Budget year and reflect changes since the Budget.

It provides information on new measures and their impact on the financial and non‑financial planned performance of agencies.

PAES should be considered as a supplement to the Portfolio Budget Statements (PB Statements).

They explain subsequent changes to Budget estimates as they appear in the Additional Estimates Appropriation Bills No. 3 and 4 or Appropriation (Parliamentary Departments) Bill (No. 2).

Not all entities prepare a PAES. Only those entities for the government has agreed to change funding through the Appropriation Bills listed above.

Timing

PAES are released in early February each year after the Mid-Year Economic and Fiscal Outlook.

2024–25 Portfolio Additional Estimates Statements

The 2024–25 Portfolio Additional Estimates Statements were released on Tuesday 4 February 2025.

To view the list of 2024–25 PAES, visit Budget archive.