Infrastructure and Project Financing Agency
Section 1: Entity overview and resources
1.1 Strategic direction statement
The Infrastructure and Project Financing Agency (IPFA) was established on 1 July 2017 to leverage private sector investment in infrastructure and to support the Australian Government in achieving the maximum benefit for taxpayer funds applied to nationally significant infrastructure projects.
As the Australian Government's independent infrastructure and project finance executive agency, IPFA provides independent advice on infrastructure investments to the Cabinet and Portfolio Ministers and all agencies across government.
IPFA collaboratively works with stakeholders and agencies, state and territory counterparts and our industry partners to enable commercial excellence in infrastructure investments for the benefit of all Australians.
IPFA's purpose and strategic goals is available in IPFA's 2017–18 to 2020–21 Corporate Plan, available from www.ipfa.gov.au.
1.2 Entity resource statement
Table 1.1 shows the total funding from all sources available to IPFA for its operations and to deliver programs and services on behalf of the Government.
The table summarises how resources will be applied by outcome (government strategic policy objectives) and by departmental (for IPFA's operations) classification.
Information in this table is presented on a resourcing (i.e. appropriations/cash available) basis, whilst the ‘Budgeted expenses by Outcome 1’ table in Section 2 and the financial statements in Section 3 are presented on an accrual basis.
Table 1.1: Infrastructure and Project Financing Agency resource statement—Budget estimates for 2018–19 as at Budget May 2018
1.3 Budget measures
Budget measures in Part 1 relating to IPFA are detailed in Budget Paper No.2—Budget Measures and are summarised below
Part 2: Other measures not previously reported in a portfolio statement
This table is not provided as there are no other measures not previously reported in a portfolio statement for IPFA.