Infrastructure and Project Financing Agency
Section 2: Revisions to entity outcomes and planned performance
2.1: Changes to outcome and program structures
The outcome and program structures for IPFA have not changed from that published in the 2018–19 PB Statements.
Australian Government outcomes are the intended results, impacts or consequences of actions by the Australian Government on the Australian community. Commonwealth programs are the primary vehicle by which government entities achieve the intended results of their outcome statements. Entities are required to identify the programs which contribute to Australian Government outcomes over the Budget and forward years.
Each outcome is described below together with its related programs. The following provides detailed information on expenses for each outcome and program, further broken down by funding source.
Performance reporting requirements in the PB Statements are part of the enhanced Commonwealth performance framework established by the PGPA Act. It is anticipated that the performance criteria described in PB Statements will be read with broader information provided in an entity's corporate plans and annual performance statements—included in Annual Reports—to provide an entity's complete performance story.
The most recent corporate plan for IPFA can be found at: www.ipfa.gov.au/reports/reports/infrastructure-project-financing-agency-releases-corporate-plan-2017-18.
The most recent annual performance statement can be found at: www.ipfa.gov.au/reports/reports/2017-18-annual-report.
2.2: Budgeted expenses and performance for Outcome 1
Outcome 1: To leverage additional private sector investment in infrastructure and secure better returns from the Commonwealth's investment by assisting the Government to identify, assess, and broker financing opportunities for infrastructure and projects, including through engagement with Commonwealth entities, State and Territory governments, and the private sector.
Budgeted expenses for Outcome 1
This table shows how much IPFA intends to spend (on an accrual basis) on achieving the outcome, broken down by program, as well as by departmental funding sources.
Table 2.2.2: Performance criteria for Outcome 1
This table is not provided as there have been no changes to the performance criteria for IPFA from that published in the 2018–19 PB Statements.