Portfolio Budget Statements

The purpose of 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. 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 8:30 pm

The following Australian Government entities have Portfolio Budget Statements on their websites:

Australian Government entity name
Agriculture, Fisheries and Forestry Portfolio
Attorney-General's Portfolio
Climate Change, Energy, the Environment and Water Portfolio
Defence Portfolio
Department of Defence
Department of Veterans' Affairs
Education Portfolio
Employment and Workplace Relations Portfolio
Finance Portfolio
Foreign Affairs and Trade Portfolio
Health and Aged Care Portfolio
Home Affairs Portfolio
Industry, Science and Resources Portfolio
Infrastructure, Transport, Regional Development, Communications and the Arts 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